Four.meme announces the launch of the BNC4 daily buyback and burn mechanism, which will continue until December 9

Odaily News: Four.meme has announced that the BNC4 daily buyback campaign will launch on September 9 and continue until December 9. During the campaign, 100% of BNC4's daily product revenue will be used to buy back and burn qualifying community Meme tokens.

The buyback funds come from trading fees generated by BNC4 and fee income generated by BNC4 liquidity providers (LPs). Each day, on-chain transaction volume rankings will be conducted for Meme projects that use BNC4 as a pool asset, have no fewer than 3,000 token holders, and reach a market cap of 500,000 USDT. The project with the highest transaction volume that day will receive all buyback funds for that day, and all tokens purchased through the buyback will be burned.

Four.meme has stated that daily buyback amounts, burn quantities, and on-chain transaction records will be publicly verifiable. Projects involved in wash trading, abnormal transactions, or transaction volume manipulation may be disqualified. Additionally, BNC4 product revenue generated on September 8 will also be included in the first week's buyback pool.