// tokenomics · v1.0
the v4 hook is the tokenomics. supply, fee, and liquidity policy run inside one pool.
this document specifies the economic surface of the protocol. every figure rendered as a placeholder until the pool is live and the authenticated feed is connected.
// issuance curve
supply approaches but never reaches s_max. price rises exponentially with cumulative reserve inflow; the more wbnb the pool has absorbed, the more wbnb the next $pool costs.
// token · $pool
market figures are populated from the authenticated feed when configured. supply max is fixed by the curve.
// supply
max21.00m $pool
circulating—
holders—
// price
market—
burn—
mint—
// valuation
mcap (fd)—
mcap (circ)—
// reserve
liquidity—
wbnb backing per $pool—
burnt fees—
// activity
vol 24h—
txns 24h—
// issuance comparison
bitcoin halves every ~4 years in discrete steps; stockpool decays continuously per unit of cumulative wbnb absorbed. both asymptote at their max, neither reaches it.
// bitcoin issuance
halving epochs · ~4y each
// stockpool issuance
cumulative wbnb (0 to ∞)
// mint flows 24h
hourly supply change. mint above zero, burn below. live only.
// mechanisms
the protocol's monetary policy, executed inside one v4 pool. each row is enforced on-chain by the hook.
01
dynamic fee curve
the swap fee is a function of the pool, not a constant.
the fee is not fixed. on every swap the hook reads realized volatility and pool imbalance, then sets the fee — cheap when calm to pull volume, wider when turbulent to protect the book.
02
on-chain fee router
every fee is split deterministically inside the same transaction.
every fee the pool earns is split in the same transaction: a share compounds to long-term liquidity, a share to the treasury, a share to buyback & burn.
03
buyback & burn engine
supply contracts as a function of real traded volume.
the treasury share market-buys $pool from the pool and burns it. supply tightens in proportion to real volume, not emissions.
04
time-weighted liquidity (anti-jit)
long-duration liquidity is paid; flash liquidity is taxed.
positions are timestamped on entry. a decaying early-exit fee discourages just-in-time and sandwich liquidity; providers who stay are paid more.
05
manipulation-resistant twap oracle
an on-chain price the rest of the protocol can trust.
the same hook maintains a time-weighted average price on-chain, hard to move in a single block, used by the fee curve and read by the rest of the protocol.
06
donate-based emissions
emissions compound into the pool instead of being farmed.
protocol emissions stream to in-range, long-duration providers through v4's donate, compounding into the pool instead of being farmed and dumped.
// supply · allocation
static allocation across protocol-controlled cohorts at full dilution.
| cohort | share | tokens |
|---|---|---|
| community | 32.0% | — |
| liquidity | 22.0% | — |
| treasury | 18.0% | — |
| team | 14.0% | — |
| ecosystem | 10.0% | — |
| advisors | 4.0% | — |
// vesting & emissions
aggregate unlock curve across all cohorts. monthly granularity, 48-month horizon.
// fee flow
protocol fees route deterministically inside the same transaction. shares are governance-adjustable within bounds.
swap fees
→liquidity providers
70%swap fees
→treasury
20%swap fees
→buyback & burn
10%