Buyback & Burn Mechanism

Transaction fee during staking and will be used to buy StroopWafel token and burn them all. The current transaction fee is lower than usual DeFi which is set as 2.9% only. If token price is stable enough, we can set deposit fee lower than now.

• All farms take a 2.9% burn when you stake (except farms including StroopWafel token)

• 2% will be used to purchase StroopWafel token and burn them all

• The rest of 0.9% will be sent to the developer’s address - Partnership with other project or farmers - Use for other Audit, social contests and advertisement

• The current burn is done manually to stabilize the price when massive dumps happens as we are trying to promote long term yield farming instead of pump and dump

  • 90% of the NFTs income will be burned.