Inspired by the dragon beneath the Lonely Mountain, Smaug is a structured deflationary token with four independent buy & burn mechanisms designed to continuously create upward pressure, remove supply and reward holders with more Smaug tokens. Tokenomics β 6.50% Total Tax π₯ 3.50% Buy & Burn Permanent supply reduction on every buy and sell. π 1.50% Reflections Earn additional Smaug simply by holding. π¦ 1% to Smaugβs Vault Strategic buybacks activated on 10β25% drawdowns. π§ 0.50% Added to Locked LP Strengthening liquidity and long-term price stability. Additional Buy & Burn Reserves In addition, Smaug has two buy and burn contract reservesβthe sole purpose of which are to buy and burn even more tokens and distribute more Smaug to holders: π The Lonely Mountain Reserve: Holds a basket of tokens. Activated buybacks and burns when certain thresholds are met: πͺ The Hoard A reserve of yield-generating printer tokens. All yield is systematically used for additional buybacks and burns. π Published and verified contract π No transfer tax π No minting or hidden functions π No privileged wallets
Inspired by the dragon beneath the Lonely Mountain, Smaug is a structured deflationary token with four independent buy & burn mechanisms designed to continuously create upward pressure, remove supply and reward holders with more Smaug tokens. Tokenomics β 6.50% Total Tax π₯ 3.50% Buy & Burn Permanent supply reduction on every buy and sell. π 1.50% Reflections Earn additional Smaug simply by holding. π¦ 1% to Smaugβs Vault Strategic buybacks activated on 10β25% drawdowns. π§ 0.50% Added to Locked LP Strengthening liquidity and long-term price stability. Additional Buy & Burn Reserves In addition, Smaug has two buy and burn contract reservesβthe sole purpose of which are to buy and burn even more tokens and distribute more Smaug to holders: π The Lonely Mountain Reserve: Holds a basket of tokens. Activated buybacks and burns when certain thresholds are met: πͺ The Hoard A reserve of yield-generating printer tokens. All yield is systematically used for additional buybacks and burns. π Published and verified contract π No transfer tax π No minting or hidden functions π No privileged wallets