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Liquidity that earns more the longer it stays.
An AMM on Elysium. Your share of the fees grows from 1x to 3x over 90 days, and a reserve pays back part of your impermanent loss when you leave.
Every day in the pool is worth more.
These are the contract's own numbers. They move every second, not in steps, and nothing resets them while you stay.
Same deposit. Three times the fees.
See poolsTwo LPs put the same money in one pool. One has been there 90 days, the other arrived today. This is how a day's fees split between them.
Every swap pays 0.30%, split two ways.
Fees stay in the pool's own accounts. Nothing goes to a team wallet, because the contract doesn't have one.
Leave early and the ones who stayed get paid.
Collecting fees on day 0 costs half of them, and the cost falls to nothing by day 90. Every collection pays the same cut, so collecting first and leaving later doesn't get around it.
The reserve pays back what the price move cost you.
When you leave, the contract compares your share of the pool with what you'd have by simply holding. The reserve pays part of the gap, and it can only pay what it has collected.
No cover.
Rises evenly from 0% to 100% of the loss.
One exit can take at most a tenth of that pool's reserve, so a big loss won't be fully covered.
Loss is measured at the average price. If spot is more than 5% away from it, that exit gets no cover.
A pool's reserve only ever pays that pool's LPs.
Nobody can change these rules, and nobody can fix or stop the contract either.
How it works
Add liquidity
Pick a coin and add it with HYPE at the pool's price. Any coin can get a pool, and whoever adds first sets its starting price.
Stay
Your share rises every day up to day 90. Adding more averages your tenure, so a large top-up brings it most of the way back to today.
Leave when you want
There's no lock. You get your share of the pool, your fees after any cut, and whatever cover applies.
Questions
Can I lose money?
Yes. Pools hold launchpad coins, which can go to zero. Cover only pays what the reserve holds, and it doesn't protect you from a coin simply dying.
Can anyone change the rules?
No. The contract has no owner and no admin functions. It hasn't been audited.
Can I sell my tenure?
No. Positions can't be transferred, so a long tenure can only be earned by waiting.
Does my share update by itself?
It updates whenever you add, collect or leave. The Update share button in the app does it for the cost of gas, and anyone can do it for anyone.