The Backing Explained 🧱

Why $FINE doesn’t 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. πŸ” 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.comarrow-up-right

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