Four.meme Announces Launch of Daily Buyback and Burn Mechanism for BNC4, Continuing Until December 9

Odaily Planet Daily reports that Four.meme has announced the launch of the daily buyback activity for BNC4 starting on September 9 and continuing until December 9. During the event, 100% of the daily product revenue generated by BNC4 will be used to buy back and burn eligible community Meme tokens. The buyback funds will come from transaction fees generated by BNC4 and fee income from BNC4 liquidity providers (LPs). Each day, Meme projects that use BNC4 as a pool asset, have at least 3,000 token holders, and a market cap of 500,000 USDT will be ranked by trading volume. The project with the highest trading volume for the day will receive all the buyback funds for that day, and the tokens purchased through the buyback will be entirely burned. Four.meme stated that the daily buyback amount, burn quantity, and on-chain transaction records will be publicly verifiable. Projects involved in wash trading, abnormal transactions, or trading volume manipulation may be disqualified. Additionally, product revenue generated by BNC4 on September 8 will also be included in the first week's buyback pool.