https://etherscan.io/tx/0xcc5da2ecf5456289abb3769a2d58a5e16875cdd888dd0d7645778c3a8431b905
Please look at this diagram to understand the ecosystem:
+--------+ +--------+ | | | | | x7m105 <--------+ x7dao | | | | | +----^---+ +--------+ | +---------------+ | +-------+ | | | | | ETH | | | | | +---^---+ | | | +---v---+ | | | | +--------> X7001 <--+-------+ | | | | |
+-------+ +---v---+ +----^--+ | +---v---+ +-------+ | | | | | | | | | | | ETH <---> X7005 | +------+-----++ | X7002 <---> ETH | | | | <--+ +--> | | | +-------+ +----^--+ | Liquidity | +--^----+ +-------+ | | Hub | | | +--+ +--+ | | | +------^------+ | | | +------^------+ | | | +--v--v-+ | +-v--v--+ | | | | | | X7004 <------ | ------> X7003 | | | | | | | --+ | +---^---+ | | | +---v---+ | +---v---+ | | | | | | ETH | | | ETH | | | | | | +-------+ | +-------+ | | | +--------------+---------------+ | | | A Uniswap Fork Dex | | | | 1. An LP fee that pays into | | the Liquidity Hub | | | | 2. A lower fee than uniswap | | | | 3. Website hosted on IPFS | | for censorship resistence| | | +------------------------------+
The uniswap fork dex, which will have a lower LP fee than Uniswap, and will be optimal for DeFi Initial Liquidity Offerings.
The profit from the DEX will flow into the liquidity hub
a) A portion will flow into the x7m105 as liquidity b) A portion will flow into the X7001-X7005 token network as liquidity
Arbitrager's will ensure that X7001-X7005 tokens will maintain a similar price (and due to liquidity tax and the DEX profits, these tokens will have a constantly rising floor).
Long term Holders of X7001-X7005 can expect an ever deepening liquidity pool and price floor as funds from the DEX flow in.
Short and mid term holders of X7001-X7005 can enjoy arbitrage opportunities across the pairs
In order to make arbitrage more practical the X7001-X7005 can be traded at a discounted fee by holding >= 50,000 x7dao tokens.
In the future we may offer a trading pass NFT that provides this same benefit. If we do so, we will be able to enable that on the existing tokens.
