$XMAX short squeeze update.

How Hooke’s dynamic trading tax works: Hooke compares the token’s onchain pool price with the stock reference price reported by its oracle. Buy and sell taxes range from 2% to 4%: - At the reference price: both sides pay 2%. - Above it: the buy tax rises, while the sell tax stays at 2%. - Below it: the sell tax rises, while the buy tax stays at 2%. The higher tax increases with the percentage deviation from the reference price, reaching its 4% cap at a gap of 10% or more. This keeps the base 2% rate on the side trading toward the reference price. All trading-tax revenue goes to the treasury in $USDG. Depending on market conditions and available funds, the treasury may purchase the underlying shares or buy back stock tokens from the onchain pool. Tax rates adjust algorithmically. Treasury purchases are managed separately. Treasury balances, stock holdings and P&L will be published on the website. Check more details at: hooke.fun/