🪙 Creating a myXXX Token

Any project can create their own myXXX token and receive the following benefits:

• Remove XXX supply from the market without sacrificing liquidity

• Price stabilization where every pump or dump is arbitraged away over the myXXX token

• Holding myXXX acts as single staking of an XXX token without the need to inflate its supply (reflows of holding myXXX are generated from trading fees)

• Adding a myXXX/XXX liquidity pool lets the owner accumulate more XXX tokens (these pools have no risk of impermanent loss), resulting in price stabilization. Every project needs to decide if they want to add price stabilization and accumulate their own token by providing liquidity in a zero impermanent loss pool or separate the myXXX and XXX tokens.