We built an automatic buyback-and-burn machine for $IDIOT.
idiotinmotion.xyz/
In simple terms:
Pons sends the creator fees to our Fee Machine.
-The Fee Machine automatically splits them:
•60% goes into a buyback reserve
•40% goes to the creator/treasury wallet
Once the buyback reserve reaches the minimum, the system buys IDIOT from the market.
The bought IDIOT is then burned permanently, which reduces the token supply. The keeper checks the system every 5 minutes and handles the process automatically.
Right now the default buyback size is:
•minimum 20 USDG
•maximum 30 USDG
These limits can be increased later if volume and liquidity grow.
-We also added safety rules:
normal buybacks can only move the pool price by about 2%
•temporary boost mode can allow up to about 3%
•limit changes and boost mode require a 24-hour delay
Forrest Gump might be one of the greatest examples of a simple truth:
An idiot in motion can beat a genius at rest.
Not because intelligence doesn’t matter.
But because life rewards the person who actually moves.
🧵: