The longer you stay, the more the pool pays you.
An AMM on Elysium. Your share of the fees grows from 1x to 3x over 90 days, and a reserve pays back impermanent loss when you leave.
Pick a day and see what your position is worth to the pool.
These are the contract's own numbers. Drag along the road.
Same deposit. Three times the fees.
Two LPs put the same money in one pool. One has been there 90 days, the other arrived today. Here 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. Collecting first and leaving later doesn't get around it, because every collection pays the same cut.
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. It can only pay what it has collected, so it won't always cover everything.
How it works
Add liquidity
Pick a coin, 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. That also means nobody can fix or stop it. 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 free apart from gas, and anyone can do it for anyone.