About LoopBurn
Last updated
Last updated
What is LoopBurn? LoopBurn is a standard ERC-20 token with 18 decimals. It is a zero-tax, deflationary token featuring a unique mechanism that automatically burns tokens and boosts volume.
Why LoopBurn? Many tokens rely on taxing trades, which can hurt trading activity. LoopBurn instead encourages trading by automating burns and buybacks, making it attractive to liquidity providers and traders.
Automated Cycle Every 8 Hours: The Yield Reactor smart contract claims trading fees and withdraws 1% of protocol owned liquidity. It burns the $LPB portion and uses the paired token to buy back and recycle $LPB tokens until all value returns as trading volume, driving volume and deflation.
Benefits:
Continuous supply reduction
Increased trading volume
Rewards liquidity providers with growing yields
Buybacks drive consistent upward pressure on token value
Flywheel effect:
π₯ More volume β more fees β more burns β scarcer token β higher yield β more volume.