🔥BuyBack and Burn

The LockLab team places great importance on ensuring the sustainability and overall health of our token economy and project ecosystem. We are committed to providing the best possible experience for our community of investors who have placed their trust in us.

To achieve these goals, we have implemented a unique buyback and burn approach that has proven to be highly effective for projects with substantial revenue and utility. This method involves burning 50% of the earnings generated from liquidity locking and relocking through our Telegram bot.

It is worth noting that LockLab is a cross-chain bot, meaning that revenue from all platforms is proportionately used for token repurchases and subsequent burning. This strategy reduces the circulating supply and places additional pressure on the tokens held by the community, thereby influencing the token price.

We firmly believe that this approach will contribute significantly to consistent price growth and, most importantly, ensure stability by mitigating the excessive volatility typically associated with tokens lacking a large market capitalization.