TRUNK Buyback Strategy

One of the key differences between the $TRUMPET token and other similar tokens is the additional volume that will be generated through the TRUNK Buyback Strategy. Not only does the TRUNK Buybacj Strategy contribute to the volume going through the $TRUMPET contract, but, because any $TRUMPET minted via TRUNK Buyback Strategy are immediately burned, while still being added to $TRUNK Backing Supply, it means the price impact is much more significant than normal mint/redeem. Example: Before: Current $Trunk Backing Supply - 4,000,000 Trunk Current Circulating Trumpet Supply - 3,000,000 Trumpet $Trumpet Price = 1.33 Peg Support Strategy buys 100,000 Trunk which mints 71,428 Trumpet (after tax) After: $Trunk Backing Supply - 4,100,000 $Trunk Circulating Trumpet Supply - 3,000,000 $Trumpet (the $Trumpet minted is immediately burned) $Trumpet Price = 1.366 Price impact of the transaction = +2.7% Now - Let's compare a regular user minting trumpet using the same figures: Before: Current $Trunk Backing Supply - 4,000,000 Trunk Current Circulating $Trumpet Supply - 3,000,000 $Trumpet $Trumpet Price = 1.33 User Mints 100,000 Trunk = 71,428 Trumpet (after tax) After: $Trunk Backing Supply - 4,100,0000 $Trunk Circulating $Trumpet Supply - 3,071,428 $Trumpet (the $Trumpet minted is added to circulating supply) $Trumpet Price = 1.334 Price impact of the transaction = +0.3%