$ROBO is the next evolution of a yield-generating contract on the Binance Smart Chain (BSC): you get rewarded in BUSD instead of tokens.
The token contract employs a static rewards system—13% of every transaction is split in two:
10% of each transaction will be converted to BUSD and sent automatically to the wallets of the holder of $ROBO.
3% to the liquidity pool, however, if the LP is at 25% of MC ⇒ excess goes to buyback.
We are using a unique system that auto-claims for every single holder the amount due. It is called the $ROBO PROTOCOL.
The way it works for holders: You buy tokens and hold them, every 60 minutes you’ll automatically receive BUSD in your wallet. Not a single action is required.
**Behind the scenes:**
The contract keeps track in an array of all token holders
The contract keeps an index into the array for processing
Every transaction processes a certain number of users, depending on the transaction size (bigger token transfers can process more, since the gas will still be proportionally less than the value of the tokens)
The token is based on a Dividend-Paying Token Standard, which means all BUSD the contract gains will be split equally proportionally to the token holders.
When a user is processed, the contract checks how many withdrawable dividends they have, and if it is above the minimum threshold for auto-claims, will either automatically claim those dividends for BUSD, or automatically buy back tokens for them.
This system is fully automated and doesn’t add minimal gas fees proportional to value transferred. The number of holders processed through each transaction is dynamic and based on transaction size. Holders will receive dividends from the queue based on their position in the array. It’s a fair system, fully automated.