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#YouWoLoan Contract: 0x88884c70a4a67813bda46e7e8aa1f300b0c87777
This project mechanism is very playful; individuals lend BNB to the project, and the project repays creditors through taxes, while all borrowed BNB is used to buy and burn tokens.
Buyers: Because all borrowed BNB is used for burning, it is more explosive than other projects that rely on taxes for burning (28% of tokens have already been burned).
Lenders: Because the borrowed BNB can be used to buy and burn tokens in large quantities, stimulating the token's rise, which in turn increases taxes, allowing lenders to enjoy substantial returns.
Summary: Breaks the ceiling of traditional tax tokens that rely solely on taxes for funding; the protocol's buyback comes from the market, and then the protocol's taxes feed back into the market!
See the official website for details: