Automatic LP

Automatic LP
The contract provides additional liquidity to the PancakeSwap ($XLD -> BNB pair) periodically. To do so, it utilizes 3% of the funds received from the taxes.  
After a certain amount of tokens have been stored in the contract (0.0001% of the total supply) it initiates a swap.
Half of the tokens reserved for liquidity are swapped into BNB, and are then provided as liquidity using the remaining half. The LP tokens received are then locked forever.
This is beneficial to all traders of the $XLD token since the increasing liquidity will raise the price floor and make the price more resistant to sudden changes.
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Last modified 2yr ago