Four.meme said its daily BNC4 buyback program will begin on Sept. 9 and run through Dec. 9. During the campaign, 100% of BNC4’s daily product revenue will be used to buy back and burn eligible community meme tokens. The funding pool will come from BNC4 trading fees as well as fee income generated by BNC4 liquidity providers (LPs). Each day, Four.meme will rank meme projects by trading volume, but only those using BNC4 as a pool asset, with at least 3,000 holders and a market capitalization of 500,000 USDT, will qualify. The project that ranks first in daily trading volume will receive the entire day’s buyback allocation, and all repurchased tokens will be burned. Four.meme also said the daily buyback amount, burn volume and on-chain transaction records will be publicly verifiable. Projects involving wash trading, abnormal transactions or trading-volume manipulation may be disqualified. Revenue generated on Sept. 8 will also be included in the first week’s buyback pool.
Four.meme said its daily BNC4 buyback campaign will start on Sept. 9 and continue through Dec. 9.
During the period, 100% of BNC4’s daily product revenue will be used to buy back and burn eligible community meme tokens. The buyback pool will be funded by trading fees generated by BNC4 and fee income produced by BNC4 liquidity providers, or LPs.
How the daily buyback will work
According to Four.meme, meme projects will be ranked each day by trading volume. To qualify, a project must use BNC4 as a pool asset, have no fewer than 3,000 token holders, and reach a market capitalization of 500,000 USDT. The project with the highest trading volume on that day will receive the full amount of that day’s buyback funds, and all repurchased tokens will be burned.
- BNC4 must be used as the pool asset
- The token must have at least 3,000 holders
- Market capitalization must reach 500,000 USDT
- The top project by daily trading volume receives the entire day’s buyback allocation
Disclosure and disqualification terms
Four.meme said the amount used for each daily buyback, the number of tokens burned and the related on-chain transaction records will be open for public verification. Projects tied to wash trading, abnormal transactions or trading-volume manipulation may lose eligibility.
It also said revenue generated by the BNC4 product on Sept. 8 will be added to the buyback pool for the first week.
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