๐ง Strategy
PLAN FOR PRICE STABILITY OF $BOO
NFT holders will receive $BOO in phases, with only access to a portion of the tokenโs total supply. A portion of this will be held in the LP so that NFT investors can sell their tokens at launch, while the rest will be held in reserve to provide dynamic price stability during the token dropโs early and most volatile days.
We can inject $USDC + $BOO into the LP to control price rise while also deepening the LP without hurting the price in the event of aggressive token purchases.
If the price drops, weโll use this money to buy $BOO from the liquidity pool, assisting in the price increase. If the price rises, we will use royalties and more $BOO from the project reserve to provide more liquidity to the pool.
In defence of price action, the 227DAO and the BURN mechanism also come into play.
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