Mechanism for BBB

There is a separate smart contract that holds the allocated revenue for the BBB. When Takadao collects revenue through a smart contract call, the correct allocation will be transferred to the BBB smart contract automatically within the same transaction. The BBB smart contract will have a function call to perform the buyback and burn. The call to buyback and burn may only be triggered by an authorized wallet address through Chainlink based on the BBB schedule.

This transaction will:

• Buy a specified amount of TAKAs from the swap with a fixed slippage (0.5%).

  • If the slippage cannot be met, the transaction will fail.

  • The specified amount will be based on the available funds.

• The purchased TAKAs will be burned using the token contract’s burn function.

• The amount spent to swap and the amount of tokens burned will be logged.

The BBB mechanism is controlled and maintained by Takadao with input from TAKA token holders through governance procedures in accordance with Takadao bylaws.