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Automated Swapback Distribution Protocol

Proof of Disclaimer

No expectations of profit from the work of others or machines.

You must have no expectation of profit from the work of others as well as Mintables. There is no common enterprise, there shall be no expectation of efforts of a promoter or third party. Users generate their own keys, make their own decisions to buy or sell & no one else has keys to give them. This project is HIGHLY experimental and interacting with it can result in a complete loss of funds.

If you can, learn to code; or have the smartest coder or computer scientist you can find read over the code you plan to execute. The contract is verified, anyone can read what it does for verification.

Blockchains, Smart contracts, and Cryptocurrencies, are all cutting edge technologies, and as such, there is a risk, however small, of total failure.

Proof of Mission

Create an autonomous liquidity engine that gives builders a tool for price support

  • Autonomous Liquidity Building through "Swapback" functions.
     

  • Autonomous Reward Distribution through "Swapback" functions.
     

  • Autonomous Liquidity Web and pairs used by other builders promoting usage in their ecosystems.
     

  • Off-Chain contract that triggers "Swapback" by simply adding tiny amounts of liquidity. For more information on "Swapback" please see the code on Pulsechain Scanner.

Proof of Functionality

Swapback function & Autonomous Minting

  • Swapback Function can only be triggered by wallets whitelisted to do so. A Swapback can be triggered by the whitelisted addresses which results in a pre-determined amount of tokens to be minted and sold by the contract. The tokens sold are then used to evenly split between adding liquidity & rewarding liquidity tokens to holders.
     

  • Swapback functionality is limited due to the high volatility nature of the feature. Once this is dialed in, only a smart contract will be able to call swapback functionality, taking it out of the hands of an admin.
     

  • Swapback resources can be adjusted to split between resources and are not limited to Burning Mintables, Adding Liquidity with Mintables, Buying back and burning Mintables, and rewarding tokens other than Mintables.

Taxes and fees \

Contract Functions

  • Taxes as a whole can only be adjusted to a 30% MAXIMUM and are subject to change any time based on market conditions or other conditions that might effect performance.
     

  • InstantPLSfee is a tax that can be directed to a wallet or a smart contract in the form of PLS, this function is used to help fund the gas of operations like triggering swapback or paying gas for contract functions. This fee is directly used to help operate the contract(s).
     

  • Swapback Taxes are typically close to nonexistent maybe 0.001% at the max but can change at any time. These are in place to help the contract determine where to allocate funds produced through swapback functions explained above.

Proof of Disclosure

Developer Minting and holding disclosure

  • The admin does have the ability to manually mint any amount of tokens at any given time. The main purpose for the manual minting are explained below
     

  • #1. Minting for liquidity for smart contract holdings for functionality.

    #2. The Developer maintains the right to mint 20% of the total supply at any time strictly for holding for rewards & to help support Mintables but not limited to holding the rewards for profit, this is subject to change at any time. These tokens are to never be sold into liquidity pools.

    #3. Tokens minted through the "Manual Mint" Function are to never be sold on the market & this is verifiable through public, on chain information.
     

  • Tokens through autonomous minting through the "Swapback" function are automatically put into the liquidity pool which results in inflating supply.
     

  • The minting and use of all tokens will be publicly verifiable on chain through Pulsechain data.

Proof in the pudding

  • Forever Inflating Supply and contract sells.

  • Admin keys until the concept is proven work - the goal is to have a smart contract(s) manage it all at some point.

  • Highly experimental project and this all could go to zero resulting in total loss of funds at anytime.

Proof of Concept

Create a flow that is sustainable long term through liquidity webs through automation.

Full Automation/Stabilization

Remove any admin keys from the process, create a autonomous system that rewards engagement that takes place of the off-chain bots that currently trigger swapback into smart contracts on chain.

Continued Growth

Help and educate about the power of Mintables once fully autonomous and show Pulsechain how this can be a tool to help their ecosystems.

Proof of Plan for Success

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