$BAGDAY
The coin behind Bagday. Trading on Bagday buys it back every 10 minutes.
Not launched yet. No buybacks have happened.
Every trade pays a small fee
A share of every trade on Bagday goes to Bagday. It is shown before you confirm.
Every 10 minutes, the fees buy the bag
Half of the fees from each 10 minute window buys $BAGDAY on the open market, and those coins are burned. Each buyback gets a public receipt with its transaction.
Holding it lowers your fees
Hold enough $BAGDAY and your trading fee drops. Fee tiers are published before launch.
What it is not
$BAGDAY does not pay holders cash, and buybacks do not stop anyone from selling. They put some of Bagday's fee income back into the coin, in public, on a fixed clock. Most coins lose almost all of their value.