# The Buy and Burn

Main input token: ELMNT Supporting token: DragonX from Hydra Miners

The contract has public function buyAndBurn This function will:

1. Allow only whitelisted users to call it
2. Use a cap per swap of ELMNT or less on each call
3. Swap 90% ELMNT to Scale and burn Scale
4. Swap 10% ELMNT to HLX and burn HLX
5. If the amount of ELMNT in the contract is less than cap per swap, the contract will attempt to swap DragonX to ELMNT for future use
6. Buy and burn has a cooldown interval
7. Pays incentive fee in ELMNT tokens

Th admin keys are:

1. Set a new incentive fee percentage in a range from 0.3% to 5%
2. Change buy burn interval
3. Change cap per swap for ELMNT
4. Change cap per swap for DragonX
5. Add/remove wallets from whitelist

See GitHub Repo and Audits page for the Buy and Burn audit which also included extensive custom code testing.   


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