What is 千里马 (Chollima) (QLM)?
QLM is a community-focused cryptocurrency project launched on the Flap platform, designed around transparency, automated buybacks, and continuous token burning. At launch, the project introduces an initial 110 BNB into its market-support and buyback pool, establishing a strong foundation for liquidity and long-term ecosystem development. QLM applies a 3%/3% transaction tax structure, with all collected taxes directed entirely into the buyback pool rather than private wallets. The smart contract automatically uses 0.01 BNB every minute to repurchase QLM tokens from the market.
How does 千里马 (Chollima) work?
Every token purchased through this automated mechanism is then transferred directly to a burn address, permanently removing it from circulation. This recurring buyback-and-burn model is designed to gradually reduce the circulating supply while supporting consistent market activity. QLM is committed to creating a fair, open, and transparent trading environment, supported by clearly defined token mechanics and publicly verifiable on-chain transactions.
