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  1. Features

Deflationary Mechanics

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Last updated 3 years ago

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Come back strong with 50 belly dancers

The platform has several mechanics intended to bring about deflation and provide price support:

  • Deposit fee use

    • The deposit rate is set to 4% for all non-native pools

    • 1% is used to buy back ARCADIUM and then automatically provide automated market maker (AMM) support for ARCADIUM liquidity pairs

    • 3% is automatically converted to USDC and granted to staked MYFRIENDS holders

  • Transaction fees

    • There is a 6.66% transaction tax on ARCADIUM token transfers ()

      • There is an additional 2% "Asshole Tax" (total: 8.66%) on transactions that dump on AMM LP

    • 3% is used to provide AMM support for ARCADIUM liquidity pairs

    • 3% is granted to staked ARCADIUM holders

    • 0.66% is burned

  • Fees for other platform services

    • 50% is used to provide AMM support for ARCADIUM liquidity pairs

    • 50% is granted to MYFRIENDS stakers

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