FLARE
  • Flare: The OFT Hyper-Deflationary Protocol on TitanX
  • Flare Minting and Auction Process
  • Mint Allocation and Ratio
  • Liquidity Pool Creation
  • Daily Auction Pool Mechanics
  • Buy & Burn Mechanics
  • Buy/Sell Tax
  • Conclusion
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Liquidity Pool Creation

PreviousMint Allocation and RatioNextDaily Auction Pool Mechanics

Last updated 1 month ago

Initial Formation :

  1. X28 and Flare Pairing: Only a X28/Flare liquidity pool will be established.

  2. Contract Mints Additional Flare: Matching the X28 amount, the contract mints an equal value of Flare for the liquidity pool.

  3. $5,000 of TitanX for LP

  4. Pool Type: The X28/Flare pool will be deployed as a V2 pool for efficient trading.

Fee Structure: As V2 fees are compounded into the LP to help thicken the LP

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