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The longer you stay, the more the pool pays you.

A DEX 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.

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$0Total value locked
$0Volume 24H
$0Fees 24H
$0In reserves

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All pools
Pools open when the contract is liveThe first LPs set the prices and start their tenure first.

Every day in the pool is worth more.

These are the contract's own numbers. It keeps moving between these days, one second at a time.

Day 0
1.00xFee share
50.0%Cut on fees
0%Loss cover
Day 7
1.16xFee share
46.1%Cut on fees
0%Loss cover
Day 30
1.67xFee share
33.3%Cut on fees
28%Loss cover
Day 60
2.33xFee share
16.7%Cut on fees
64%Loss cover
Day 90
3.00xFee share
0%Cut on fees
100%Loss cover

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.

In for 90 days, 3x
75%
Arrived today, 1x
25%

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.

0.225%Shared among LPs by tenure
0.075%Reserve

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.

50%of fees cut on day 0
Remaining LPsreceive it, by tenure

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.

Day 0 to 7No cover.
Day 7 to 90Rises evenly from 0% to 100% of the loss.
10% per exitOne exit can take at most a tenth of that pool's reserve, so a big exit won't empty it for everyone else.
30 minute averageLoss is measured at the average price. If the spot price is more than 5% away from it, that exit gets no cover, which stops anyone pushing the price to claim.
Each pool on its ownA pool's reserve only ever pays that pool's LPs.

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.

Time is the only thing you can't buy here.

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