Binance Square
isnowball
88 Posts

isnowball

DYOR:内容仅供学习,不构成投资建议,盈亏自负。
5 Following
159 Followers
2.2K+ Liked
Posts
PINNED
·
--
👉What happens when the trading volume of Snowball hits a sufficient level over 24h? 1️⃣ Rapid tax accumulation → Full throttle buybacks + Excess BNB passive lockup A 3% tax is charged on every transaction, funneling directly into the buyback pool (smart contract address). The contract is designed such that when the pool accumulates 0.1 BNB, it automatically buys Snowball on the DEX every minute using that 0.1 BNB and permanently burns it (black hole address). With 1,440 minutes in a day → The theoretical maximum buyback consumption = 144 BNB/day; When trading volume is high (for example, reaching several million to tens of millions of dollars daily), the 3% tax will greatly exceed 144 BNB/day. A maximum of only 144 BNB is used for actual buyback to burn Snowball each day. 2️⃣ Any surplus BNB (for instance, if taxes collected are 300 BNB, there will be an excess of 156 BNB) will accumulate in the smart contract's buyback pool, unable to be withdrawn or transferred immediately (due to the fixed mechanism, primarily for future buybacks). This excess BNB becomes a form of passive lockup, exiting the circulating market and tightening the supply-demand dynamics for BNB. 3️⃣ Continuous real consumption of BNB → Creates rigid buying pressure Each buyback utilizes real BNB to purchase Snowball directly from markets like PancakeSwap, then immediately burns it. This is not just speculative buying; it’s a small, relentless machine for rigid buy orders (similar to a 24/7 market-making buy pressure). During high trading volume phases, there is a stable consumption approaching or hitting 144 BNB daily (annualized about 52,560 BNB), which directly creates sustained buying pressure for BNB. 👉Summary: ▶️ This mechanism indeed makes Snowball one of the few meme projects that truly "creates extra demand for the BNB Chain." ▶️ During high trading volumes, it’s not just about consuming Gas fees but also creating additional buying pressure for BNB, providing marginal benefits for BNB holders and on-chain activity. High trading volume → Ample tax revenue → Steady buyback of 144 BNB daily + Excess BNB passive lockup in the contract → Continuous creation of real BNB buy pressure + Tightened circulation → Favorable for long-term supply-demand balance of BNB prices. ▶️ The core value of the Snowball mechanism coexisting with BNB: it’s not just empty talk about the ecosystem; it’s about turning Snowball’s trading activity directly into real demand for BNB and locking pressure through code. #雪球 #binance #通缩 #flap #复利
👉What happens when the trading volume of Snowball hits a sufficient level over 24h?

1️⃣ Rapid tax accumulation → Full throttle buybacks + Excess BNB passive lockup
A 3% tax is charged on every transaction, funneling directly into the buyback pool (smart contract address).
The contract is designed such that when the pool accumulates 0.1 BNB, it automatically buys Snowball on the DEX every minute using that 0.1 BNB and permanently burns it (black hole address).
With 1,440 minutes in a day → The theoretical maximum buyback consumption = 144 BNB/day;
When trading volume is high (for example, reaching several million to tens of millions of dollars daily), the 3% tax will greatly exceed 144 BNB/day. A maximum of only 144 BNB is used for actual buyback to burn Snowball each day.

2️⃣ Any surplus BNB (for instance, if taxes collected are 300 BNB, there will be an excess of 156 BNB) will accumulate in the smart contract's buyback pool, unable to be withdrawn or transferred immediately (due to the fixed mechanism, primarily for future buybacks).
This excess BNB becomes a form of passive lockup, exiting the circulating market and tightening the supply-demand dynamics for BNB.

3️⃣ Continuous real consumption of BNB → Creates rigid buying pressure
Each buyback utilizes real BNB to purchase Snowball directly from markets like PancakeSwap, then immediately burns it. This is not just speculative buying; it’s a small, relentless machine for rigid buy orders (similar to a 24/7 market-making buy pressure).
During high trading volume phases, there is a stable consumption approaching or hitting 144 BNB daily (annualized about 52,560 BNB), which directly creates sustained buying pressure for BNB.

👉Summary:

▶️ This mechanism indeed makes Snowball one of the few meme projects that truly "creates extra demand for the BNB Chain."

▶️ During high trading volumes, it’s not just about consuming Gas fees but also creating additional buying pressure for BNB, providing marginal benefits for BNB holders and on-chain activity. High trading volume → Ample tax revenue → Steady buyback of 144 BNB daily + Excess BNB passive lockup in the contract → Continuous creation of real BNB buy pressure + Tightened circulation → Favorable for long-term supply-demand balance of BNB prices.

▶️ The core value of the Snowball mechanism coexisting with BNB: it’s not just empty talk about the ecosystem; it’s about turning Snowball’s trading activity directly into real demand for BNB and locking pressure through code.
#雪球 #binance #通缩 #flap #复利
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number
Sitemap
Cookie Preferences
Platform T&Cs