TrinitySwap
Pioneering BAMM Trading Protocol
Last updated
Pioneering BAMM Trading Protocol
Last updated
TrinitySwap is the core trading module of the Trinity Labs platform, pioneering the (Burned Automated Market Maker) protocol. Based on UniSwap's AMM (Automated Market Maker) protocol, the BAMM protocol innovatively introduces mechanisms such as sell-side burning, front-loaded fees, and real-time LP fee collection. It aims to reduce selling pressure and increase liquidity, thereby enhancing token value and liquidity stability.
🔥 Burning Proportion
Selling Tokens: 100%
burned
When LP Token Amount ≤ 30%
of Total Supply: Stop sell-side burning
When LP Token Amount > 30%
of Total Supply: Start sell-side burning
💎 Airdropped LP
Rights
Airdropped LP Lock-up: 3 months, can be claimed upon expiration
At Claiming: 100% of ETH received; 100% of airdropped tokens burned
Transaction Rules: The single transaction volume of tokens must be ≤ 18%
of the LP pool.
During Lock-up: Can claim 50%
of the transaction fees from airdropped tokens in real-time
The protocol innovation allows for real-time fee collection, enhancing LP incentives.
Initial Fee: 10 USD(ETH)
When the Maximum Price Reaches 1,000× : 1 USD(ETH)
When the Maximum Price Reaches 10,000× : 0.1 USD(ETH)
Note: Upfront fixed transaction fees only decrease and do not increase. Fees are charged in ETH based on the value of USD.
Fee Distribution:
Allocation
Percentage
LP
50%
DAO
20%
Protocol
20%
Creator
10%
Users can choose one of the following fixed fees: 0.1 USD, 1 USD, or 10 USD. The distribution is as follows:
10% to the first LP adder
The remaining distribution remains unchanged
🎖️ Rights of Adding New LP
Adding LP: No lock-up
Withdrawing LP: No burning
Fee Collection: Real-time collection of 50%
of Swap transaction fees
a) Burning Mechanism: Limits excessive accumulation of tokens in the liquidity pool, enhancing token scarcity, and maintaining price stability.
b) Real-time Earnings: LPs can collect transaction fees in real-time without withdrawing from the liquidity pool, avoiding further selling pressure due to LP withdrawal.
c) Front-loaded Fee Mechanism: Introduces a front-loaded fee design, optimizing fund distribution, further incentivizing LPs, and reducing trading costs.