Ape protocol auto injects 1% of all $PLAC transaction fees into the planet core liquidity pool. Planet core is the center of the planet and is built with an auto-liquidity mechanism that increases the collateral value of the BNB-PLAC pair in Pancakeswap for every $PLAC transaction, making the planet’s ecosystem more sustainable and secure for the future of the apes. Planet core's automatic LP mechanism is very important as this allows the buy and sell order of $PLAC token and is the beginning of life in the Planet Ape.
What is Liquidity Pool?
Liquidity is a big pool of money that is split 50/50 between $PLAC tokens VS $BNB tokens. Liquidity allows for anybody to buy & sell their PLAC/BNB, however the less liquidity there is in the pool, the worse price you get. so what our Auto-Liquidity System does is, it adds more liquidity to the pool automatically and therefore solves the issue. Our automatic liquidity mechanism solves this problem as it injects a portion of every transaction to the PLAC-BNB liquidity pool increasing the pool value even further.
Planet Core Auto-LP Mechanism
Every 48 hours our Auto-Liquidity System will inject liquidity into the market. For every $PLAC transaction there is a 1% transaction feethat automatically goes to the Auto-LP wallet and built into our protocol's smart contract is the mechanism that takes 50% of the amount of $PLAC stored in the wallet, and will automatically buy BNB at the current market price.
The remaining 50% of $PLAC tokens in the Auto-LP wallet will be used for the $PLAC side of liquidity, therefore giving an equal 50/50 weighting of PLAC/BNB which will then be automaticallyadded as new, additional liquidity into the market pair and raising the amount of liquidity in the pool.
Planet Core Auto-Liquidity System will repeat the same process every 48 hours by adding more and more liquidity to the pool, this will aid in Planet Ape's economy making it more healthy and sustainable.