Buyback and burn
The burn share buys the coin in its pool and burns it, from the first trade on.
A buyback runs at most once a minute. It spends the coin's burn pot in one swap in the coin's own pool and burns everything it buys. Buybacks pay no fee.
| Price check | Skips if the price is more than about 5% above its 30-second average, so it can't be sandwiched |
| Impact cap | Stops at about 3% price impact and keeps the rest of the pot for the next run |
| Retries | A skipped buyback just waits for the next run |
Burning doesn't move graduation: the price where it happens stays the same, and the market cap there is lower because fewer tokens exist.