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.
Thanks for pointing out the whitepaper in LunaChow although I cannot read in the whitepaper anything about MLOKY. I also see in the whitepaper you pointed to, that 1 billion tokens goes to Vitalik Buterin. I dont understand why you do this, are you sending that amount to his address? Also, why start with so many tokens just to burn almost all of it immediately. You could have started with a smaller total and not burn anything.