Hooks
Buyback hooks
Creator fees are routed toward token buybacks.
Every time creator fees are claimed, the hook spends them buying the token back from the pool. Bought tokens are burned, which permanently reduces supply.
Where the fees go
Into the pool, as market buys of the token. The purchased tokens are burned.
Preset split
- Buybacks100%
Why a creator would use it
You want fees to show up as constant buy pressure and a shrinking supply, with nothing sitting in a wallet.