The Backing Explained π§±
Why $FINE doesnβt burn.
The backing of $FINE is held in $USD1, a dollar-pegged stablecoin created by World Liberty Financial (WLFi).
$FINE is a meme token built on SmartDeFiβ’ that uses $USD1 as its on-chain backing asset.
No affiliation. No partnership. Just infrastructure.
Funded by the 2% backing fee on every trade, this backing is a real, untouchable pool of value that:
grows with every trade
enforces a minimum price per token (the floor)
cannot be drained
cannot decrease
cannot be manipulated
Most memes rely on hype. $FINE relies on immutable math, backed by $USD1. π Note: If the market price ever falls below the floor price, holders can burn their $FINE tokens to redeem their value at the floor price, directly from the backing pool. This is done through the SmartDeFi interface at smartdefi.com
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