BackstabDoge Auto-Liquidity Engine (BALE)
BackstabDoge Treasury
βIn layman's terms, think of Liquidity as a big pool of money that is split 50/50 between $BackstabDoge tokens VS $BNB tokens. There is a conversion ratio that is set to the amount of $BackstabDoge you can get with BNB.
When somebody buys BackstabDoge, the price per BackstabDoge will go up and the ratio above will also change at the same time to account for this. The same goes in the opposite direction for sells.
Liquidity allows for anybody to buy & sell their BackstabDoge/BNB at anytime, however the less money/liquidity there is in the pool, the worse price you get so what our BackstabDoge Auto-Liquidity Engine (BALE) does, is add more liquidity to that pool by itself and therefore solving that issue.
Here is how the BackstabDoge Auto-Liquidity Engine (BALE) works:
Every 48 hours our BackstabDoge Auto-Liquidity Engine (BALE) will inject automatic liquidity into the market. On each buy or sell order there is a 4% tax fee that automatically gets stored into an Auto-LP wallet and built into our protocol's smart contract is the mechanism which smartly takes the 50% of the amount of $BackstabDoge stored in the wallet, and will automatically buy BNB at the current market price.
The remaining 50% of $BackstabDoge in the Auto-LP wallet will be used for the BackstabDoge side of liquidity, therefore giving equal an 50/50 weighting of BackstabDoge/BNB which will then be automatically added as new, additional liquidity into the market pair and raising the amount of liquidity in the pool.
The BALE will do this every 48 hours by adding more and more liquidity to the pool which will allow $BackstabDoge token holders to easily sell their tokens at anytime with little to no market slippage. It will also aid in maintaining protocol stability to make sure the APY is upheld for the entire life of BackstabDoge.
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