LlamaELLA

• 2.5% of every trade is tax on the quote side: 1.5% goes to the floor, 0.6% to the creator, 0.4% to the fobo protocol.
• Once per block the hook moves the floor up with the money it has; it never moves down. Money the floor cannot use buys tokens back and burns them.
• Buybacks so far: 1, burning 1.12M ELLA.

Read from the fobo hook (floorOf, pools), refreshed every minute or two. A floor bounds how far the price can fall; it is not what a position is worth, and selling still pays the tax.