Empire has a groundbreaking sweep mechanic on the empire pair, which we like to refer to as Weaponized Liquidity.
(EMPIRE/COIN) allows one side of the liquidity pair to be swept and re-used without affecting the price of the token.
For example, this allows EMPIRE to take COIN out of the permanently locked liquidity and reward the COIN tokens back to all liquidity providers on the DEX, whilst ensuring minimal market dilution for liquidity incentives. However, the applications for the swept COIN are infinite and will be used for a variety of use cases to help support the overall health and future of EmpireDEX. More information about Weaponized Liquidity can be found here.
A quick example:
Let’s say you have 1000 BNB / 1000 XXX token in the liquidity pool.
If you sweep 500 BNB from that pool, you will be left with 500 BNB / 1000 XXX token, which makes the pool more volatile to price movements on each buy and sell.
You then use 300 of the BNB that you swept to buyback XXX token, therefore increasing its value against a shallower pool. Then you can input the 200 remaining BNB back into the Liquidity Pool you swept it from to increase price stability.
Effectively giving projects the ability to control their charts via liquidity management and build attractive charts in ways that no other DEX can facilitate.
- The first time EmpireDEX sweeps BNB from BNB/EMPIRE LP:
- • 70% for Staking Rewards to Liquidity Providers• 10% to Prism Treasury• 10% to add PRISM/BNB LP• 10% to Dev Partner (first round only)
- Every Other Sweep:
- • 75% for Staking Rewards to Liquidity Providers• 10% to Prism Treasury• 10% to add PRISM/BNB LP• 5% Marketing Fund
EmpireDEX provides two unique contract functions:
These functions allow you to pass in a deadline and pairInfo.
uint256 deadline, PairStruct calldata pairInfo
So in essence…
3rd party projects coming onto the platform can choose Locked on the sweepable section and have Weaponized Liquidity mechanics from the liquidity creation level.
NOTE: Only permanently locked liquidity is sweepable.
This allows Token Creators to access a % of one side of the pair Token A / Token B.
Due to having tight controls around this, EmpireDEX can achieve this for Token Creators, whom can re-use it for;
building an attractive chart for traders
rewards for pools
expansion of teams
the possibities are endless
EmpireDEX has the potential to boostrap a new alt-season by allowing any project to list on the exchange with their very own Weaponized Liquidity mechanics. Giving complete freedom to projects on a liquidity management level like never before.