OWN LIQUIDITY
The growth and sustainability of an AMM depend on the TVL, while most AMMs start by incentivizing liquidity providers and get drained up once their reward decreases. YNOT proposes to own liquidity of prominent tokens for long-term growth and sustainability, the platform needs to collect liquidity over time so that the TVL doesn’t get drained out.
To do this we can apply a small fee when someone is trying to sell or buy a single token liquidity position. Apart from the fee, the funds collected through the swap fee will also be used strategically to buy LP positions over the platform on prominent tokens. This will ensure a permanent TVL and a passive way for the platform to earn fees from its own liquidity.
Last modified 1yr ago