$CHILLChill Sell Hook
Description
A Uni V4 hook that charges extra fees when sell volume is high. This hook discourages users from emotionally dumping while others are selling.
Specifications
1. Just a Uni V4 compatible smart contract, no frontend needed. 2. Tracks buy and sell volume for the past 24 hours. 3. When sell volume is higher than buy volume, the hook applies an extra fee to the transaction. 4. Every 100% increase of the sell:buy volume ratio, fees increase by 1% (e.g. if there are $2M in sells and $1M in buys, the fee is 1%. If there are $10M in sells and $1M in buys, the fee is 10%. If they are equal, fees are 0%). Should likely have a cap at 25% or so. 5. Use cap fees when buys are 0. 6. Buyback and burn tokens using the majority of the fees taken in. 7. Buyback and burn $CHILL using the rest of the fees taken in.
Longterm Potential
Can create more hooks using fees for encouraging specific activity and/or continue upgrading this design to be more dynamic.
Token Utility
Bought back and burnt when fees are taken.
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TVL: $1.1K
24H Vol: $0.01
Dev Pot: $124

Chill Sell Hook - $CHILL

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CHILLChill Sell Hook
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