Auto-Liquidity Mechanism
Auto Liquidity
Market Liquidity is of utmost importance and plays a vital role in allowing the buy & sell of $GBK tokens on PancakeSwap.
In layman's terms, think of Liquidity as a big pool of money that is split 50/50 between $GBK tokens VS BNB tokens. There is a conversion ratio that is set to the amount of $GBK you can get with BNB, for example: 1 BNB = 25 GBK.
When somebody buys GBK, the price per GbankAPY will go up and the ratio above will also change at the same time to account for this and Vice Versa.
Liquidity allows for anybody to buy & sell their GBK/BNB at anytime, however the less money/liquidity there is in the pool, the worse price you get so what our GBK Auto-Liquidity System does is, it adds more liquidity to the pool by itself and therefore solving the issue.
Here is how the GbankAPY (GBK) Auto-Liquidity System works:
Every 48 hours our GBK Auto-Liquidity System will inject automatic liquidity into the market. On each buy or sell order there is a 3% tax fee that automatically gets stored into an Auto-LP wallet and built into our protocol's smart contract is the mechanism which smartly takes the 50% of the amount of GBK stored in the wallet, and will automatically buy BNB at the current market price.
The remaining 50% of GBK in the Auto-LP wallet will be used for the GBK side of liquidity, therefore giving equal an 50/50 weighting of GBK/BNB which will then be automatically added as new, additional liquidity into the market pair and raising the amount of liquidity in the pool.
The Auto-Liquidity system will do this every 48 hours by adding more and more liquidity to the pool which will allow $GbankAPY token holders to easily sell their tokens at anytime with little to no market slippage. It will also aid in maintaining protocol stability to make sure the APY is upheld for the entire life of Gbank APY. LP Wallet Address: 0x353423C03239Bc162A75792Fb8c0A6B3E51Ed3d9
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