Why do garbage projects always like to do destruction, stake, and buybacks?

burn
Burning seems to be destruction, but in reality, there are too many coins that can't be sold out. If you sell a small percentage of the chips, the market will collapse. It's better to burn some coins to let the retail investors see, thinking the project has a vision and then take over.

stake
Attract everyone to stake and earn interest with high interest rates, especially those with lock-in periods of one month, three months, or one year. By the time you stake, you may not have earned much interest, while the coin price has already dropped by dozens of points or even dozens of times! In the meantime, you can only watch helplessly as it falls. Staking is designed to attract inexperienced investors, while the coins in the hands of the project team are still very much alive.

repurchase
In fact, the project party creates a prosperous scene with small profits. Most project parties choose a time point with extremely low trading volume and poor liquidity to pull a large bullish candlestick with just a small portion of profits, attracting users to enter the market! This creates the illusion that the project party is indeed "word is bond" and "has a vision"! It attracts investors who do not have a deep understanding of the project to purchase.

I heard that #WLFI started off with a burn.
Everyone understands it on their own.
……