Fee mechanism

Innovative 5% Fee Mechanism

ScroogeBank ($BANK) introduces a revolutionary transaction fee system that enhances both holder rewards and token scarcity:

5% of every buy & sell transaction is converted into Solana (SOL) and distributed proportionally to all $BANK holders. 🔥 The $BANK tokens used in this conversion are permanently burned, reducing supply and increasing long-term value.

This dual-impact mechanism ensures that holding $BANK continuously generates passive Solana income, while also making the token scarcer over time.

Why This Model Works

  • Passive Income: Every holder benefits from Solana reflections on every trade.

  • Sustainable Growth: The constant burn mechanism reduces circulating supply, making $BANK deflationary.

  • Community First: With 100% of tokens distributed to the community, no centralized entity controls supply or earnings.

🚀 Hold $BANK, earn Solana, and watch the value grow!

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