Create a Buyback Baby Token
A Buyback Baby Token rewards holders with another token while implementing a buyback mechanism. The buyback feature allows BNB from transaction fees to be used to repurchase tokens, which can help stabilize and increase the token’s value. Holders also receive rewards in a specified reward token, making this an attractive token type for projects focused on investor incentives.
For a step-by-step video guide on creating Baby Tokens, watch our tutorial on YouTube.
Steps to Create a Buyback Baby Token with Gemlaunch
Access the Gemlaunch Token Creation Page Go to Gemlaunch and select Create Token.
Open the Token Creation Interface You will be redirected to https://gemlaunch.io/create-token.
Select Buyback Baby Token Type In the "Token Type" section, choose Buyback Baby Token to create a token that includes reward and buyback features.
Enter Required Information Complete the necessary fields for the Buyback Baby Token. Here’s an explanation of each field:
Reward Token: Enter the contract address of the token used to reward holders. For instance, if you want to reward users in DOGE, use the Binance-Peg Dogecoin contract address.
Liquidity Fee (%): The percentage of each transaction sent to the liquidity pool, providing stability and liquidity for the token.
Buyback Fee (%): The percentage of each transaction in BNB used for token buybacks. This will generate a wallet to store BNB specifically for buybacks. You can trigger the buyback manually when needed.
Reflection Fee (%): The percentage of each transaction distributed to holders as rewards. If DOGE is chosen as the reward token, holders receive DOGE instead of the base token.
Marketing Fee (%): The percentage of each transaction in BNB sent to the project owner’s marketing wallet.
Note: All fields are required. Percentages must be positive numbers, and the fields cannot be left blank.
Enable Anti-Bot Protection (Optional but Recommended) Activate the Gemlaunch Anti-Bot System to protect your token listing from bots during the PancakeSwap launch. This system automatically blacklists sniper bots that attempt to disrupt presales.
Create Token After filling in all fields, click Create Token. Review the information to ensure accuracy, as changes cannot be made after token creation.
Confirm the Transaction Your MetaMask wallet will prompt you to approve the transaction and display the transaction fee. After verifying the details, click Confirm to finalize the token creation.
How to Trigger Buyback Manually
The buyback function allows the project owner to repurchase tokens manually using the BNB accumulated in the buyback wallet.
triggerZeusBuyback(uint256 amount, bool triggerBuybackMultiplier): This function lets you buy back tokens manually.
triggerBuybackMultiplier: If set to
true, a temporary increase in the sell tax will be activated for 30 minutes following the buyback. During this time, traders selling tokens will be charged double the usual tax rate. After 30 minutes, the tax rate returns to normal.
This option provides a strategic way to manage market dynamics and can help increase the token’s value during specific market conditions.
For further assistance, refer to the video tutorial on our YouTube channel.
How to Call Buy Back Manually?
triggerZeusBuyback(uint256 amount, bool triggerBuybackMultiplier)
This function is used to buy back manually with the BNB that has accumulated in the buyback wallet.
triggerBuybackMultiplier if “= true”, that means that after the buyback has taken place, and for a certain amount of time from that moment (default 30 minutes), when traders sell their tokens they will be charged double the normal tax rate. The tax rate for selling will go back to normal after 30 minutes.
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