For the complete documentation index, see llms.txt. This page is also available as Markdown.

Buy Back and Burn

This is the defining mechanic of Liberty Launchpad. There are two distinct burn mechanisms β€” do not confuse them. This page covers the automatic one; see Manual Burn for the other.

πŸ”₯ Automatic Burn From Trading Fees

Runs by itself β€” nothing for you to do.

Every buy and every sell is charged 1% in PLS. That PLS is immediately spent buying the token on the curve, and everything it buys is destroyed within the same transaction.

Step by step, when you hit Buy:

1

Send PLS to the contract

You send PLS to the contract.

2

Fee is taken and tokens are bought

The contract takes 1% off the top; the remaining 99% buys tokens for you at the curve price.

3

Tokens arrive in your wallet

Your tokens arrive in your wallet.

4

The fee buys and burns tokens

Then the contract takes that 1%, buys tokens for itself, and burns every one of them.

Selling works the same way: the curve computes what you are owed, the contract keeps 1%, pays you 99%, and spends that 1% buying and burning.

Why This Mechanism Can Be Trusted

Property
What It Means for You

The money never leaves the contract

That 1% stays in the reserve β€” exactly where it would have gone if it had never been charged. The reserve still covers everyone who wants to sell.

No intermediate wallet, no escrow

Nobody holds it, nobody forgets to press a button, nobody changes their mind. The burn happens in the same transaction.

The fee buys after your order fills

The contract buys at the price your own trade just created. The Launchpad never steps in front of the trade it is charging you for.

Never touches the 180 million tokens reserved for liquidity

The DEX allocation stays whole. See Tokenomics.

Cannot be blocked

There is no recipient address to refuse delivery, so nobody can break it.

How much actually burns: running a full curve from launch to graduation burns roughly 0.80% of total supply (~8 million tokens). With heavy back-and-forth trading it reaches about 1.93%.

This mechanism ends at graduation. Once the token lists on Liberty Swap, the Launchpad is no longer in the path of a trade, so there is no more burn fee. From then on, supply only shrinks if someone burns manually β€” see Manual Burn.

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