Curve Overview
The base pool uses a lot-based scarcity curve: first lot 5,000 tokens at $0.01, then 1,000-token lots compounding +0.05% each step throughout. Prices are rounded to $0.01 with a $0.01 floor.
Fees: swaps charge 0.5% in USDT (cap $100); transfers charge 0.5% gas in USDT (cap $100). Swaps do not add gas. We expect to lower swap fees toward 0.1% as volume grows to keep validators funded. Typical cost is ~15% of Ethereum L1. The curve is designed for ~30M QP and complements future book-order exchanges.
Precision model: QP chain balances are stored with 8 decimals (atomic units), while DEX lot quantity is intentionally whole-token to keep lot traversal deterministic and signature-safe.
Phase 1 attestations: multiple validator nodes on the same machine re-verify transactions with their shard parts and return signed verdicts (confirmed/rejected). Phase 2 moves these attesters onto separate hosts/regions; the explorer will show green/yellow/red lights per attester.
Pool Parameters
| Parameter | Description | Default |
|---|---|---|
alpha | Liquidity amplification factor that stabilizes shallow pools. | 1.42 |
fee_basis | Protocol fee charged per swap, distributed to validators & stakers. | 100 bps |
slip_guard | Validator-enforced max slippage per block. | 8% |
Add references to math appendix and provide CSV download of historic parameters.
Liquidity Provider Checklist
- Enable wallet 2FA and register LP device signatures.
- Stake minimum QP collateral to participate.
- Review validator uptime thresholds before providing liquidity.
Image placeholder: split graphic of liquidity vault + validator badge (store under /assets/docs/amm).