$BBALL

$bBALL 0xed7e361f70ce5670f92eed4ce0dc520660677777 1.7m now dyor - Using its own trading fees to build its own perpetual futures order book, while sharing LP earnings with token holders. That’s the new mechanism Flap @flapdotsh just launched.

$bBALL 733k dyor 0xed7e361f70ce5670f92eed4ce0dc520660677777 okx wallet: After the project team launches a meme token with a trading tax on Flap, the taxes generated from buying and selling do not go directly to the project team. Instead, they are automatically sent to a treasury. The treasury uses these taxes to buy back the token from the market, and then deposits the purchased tokens into MYX to create a perpetual futures market for the token. Users holding the spot token can receive a share of the liquidity pool behind the perpetual market. The specific process is:When people buy or sell the token, the system charges around 1% trading tax. The tax first goes into the treasury. Once the treasury accumulates enough funds, it queues up to buy the token from the market. The more active the trading is → the more money the treasury collects → the stronger the buyback. But it’s important to note that the tokens are bought into the liquidity pool, not permanently burned. So don’t interpret this as “the more people sell, the more deflationary the token becomes.” The tokens that are bought back are deposited into MYX as the base liquidity for the token’s perpetual futures market. Depositing the tokens generates a type of LP certificate called mbBALL LP. These LP shares are distributed to people who are still holding the spot token based on the amount of tokens they hold. You need to connect your wallet and claim them yourself; they are not automatically credited to your balance. Once the pool reaches roughly $1,000 in value, the token can officially open its perpetual futures market, allowing people to go long or short the token. Benefits for token holders:By holding the spot token, you can theoretically receive mbBALL LP, which is essentially a share of the perpetual futures liquidity pool rather than a direct distribution of BNB. The basic flywheel is: More Trading Activity → More Trading Tax → More Buybacks → Larger Liquidity Pool → More LP Shares for Holders → More Potential Perpetual Trading Revenue So the more active the token becomes, the more tax it generates, which increases the buyback and expands the perpetual market liquidity, potentially increasing the value distributed to spot holders.