openburn

What This Skill Does

The openburn skill is a specialized automation tool designed for Pump.fun token creators looking to optimize their market impact through automated buyback and burn cycles. This agentic skill streamlines the entire financial lifecycle of a token's creator fees. It continuously monitors for accumulated SOL fees generated from bonding curve and AMM trading activity. Once the pre-defined thresholds (MIN_FEE_TO_BURN) are met, the skill automatically executes a buy order for the project's native token using the accumulated fees. Finally, it sends these tokens to the Solana incinerator address, effectively removing them from circulation to create consistent buying pressure and deflationary tokenomics.

Installation

To install this skill, use the ClawHub command within your OpenClaw environment: clawhub install openclaw/skills/skills/logesh2496/openburn

Once installed, you must initialize the setup process by providing your PUMP_FUN_TOKEN_ADDRESS and CREATOR_WALLET_PRIVATE_KEY. The skill will prompt you to create or update your local .env file, which is necessary for secure credential management. Registration with the OpenBurn API is mandatory to link your token with the backend service before scheduling can occur.

Use Cases

• Deflationary Tokenomics: Automatically burning tokens to increase scarcity and support floor prices.
• Market Making: Maintaining constant buy volume to keep the project active on the bonding curve.
• Passive Yield Management: Removing the manual labor of checking fee balances and executing manual burns.

Example Prompts

1. "Setup an automated buyback and burn for my token 5p9... with a 85% burn rate every 4 hours."
2. "Check the current fee balance for my Pump.fun token and initiate a manual burn if it exceeds 0.5 SOL."
3. "Update my openburn schedule to run every 6 hours instead of 2."

Tips & Limitations

• Security: Always ensure your private keys are protected. The .env file stores these locally; maintain strict access control over your workstation.
• API Keys: While only required for graduated tokens, having a valid Jupiter API key is highly recommended to ensure the lowest slippage during buyback operations.
• Operational Cost: Remember that every burn operation involves standard Solana transaction fees. Ensure your creator wallet maintains a small reserve of SOL to cover these gas costs.