Token buyback and burn will come as part of the marketing fee, this will be community driven by way of consensus to determine the details of token buyback and burn. Due to limited supply of the token it's impractical to include a constant burning in the protocol, instead the team and community will drive the burning event.
MLOKY is a second token within LunaChow ecosystem and you can see the whitepaper on our website
https://lunachow.com. LunaChow ecosystem currently has 2 tokens - LUCHOW & MLOKY, and we have NFT Marketplace live, more features is under development that'll create more use case for both tokens in our ecosystem.
So your community will need to actively vote to determine the amount of the token burned instead of having an assurance that certain amount of token gained from fixed percentage of fee is gping to buyback and burn? What'll happen if your community vote the entire marketing budget to be used for buyback?