SUPERBOMB Auto-Liquidity Engine (SALE)
Market Liquidity is of utmost importance and plays a vital role in allowing the buy & sell of sBOMB tokens on BOMBswap.
In layman's terms, think of liquidity as a big pool of money that is split 50/50 between sBOMB tokens VS BOMB tokens. There is a conversion ratio that is set to the amount of sBOMB you can get with BOMB, for example: 1 BOMB = 24.66 sBOMB.
When somebody buys sBOMB, the price per sBOMB will go up and the ratio above will also change at the same time to account for this. The same goes in the opposite direction for sells.
Liquidity allows for anybody to buy & sell their sBOMB/BOMB at any time, however the less money/liquidity there is in the pool, the worse price you get. What our sBOMB Auto-Liquidity Engine (SALE) does, is add more liquidity to that pool by itself and therefore solving that issue.
Here is how the sBOMB Auto-Liquidity Engine (SALE) works:
Every 48 hours our sBOMB Auto-Liquidity Engine (SALE) will inject automatic liquidity into the market. On each buy or sell order there is a 2% tax fee that automatically gets stored into an Auto-LP wallet. Built into our protocol's smart contract is the mechanism which smartly takes the 50% of the amount of sBOMB stored in the wallet and will automatically buy BOMB at the current market price.
The remaining 50% of sBOMB in the Auto-LP wallet will be used for the sBOMB side of liquidity, therefore giving equal 50/50 weighting of sBOMB/BOMB which will then be automatically added as new, additional liquidity into the market pair and raising the amount of liquidity in the pool.
The SALE will do this every 48 hour by adding more and more liquidity to the pool which will allow sBOMB token holders to easily sell their tokens at any time with little to no market slippage. It will also aid in maintaining protocol stability to make sure the APY is upheld for the entire life of sBOMB.
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