Fee Bridge
HookrLiveTakes a royalty or a tax and pays it, a capped drip at a time, to another pool's in-range LPs.
- Where it runs
- Your royalty
- named under Team and income
- Set by
- You
- at launch
- Status
- Live
- Read Oct 12, 04:25 UTC
How it behaves
Name the bridge as a royalty payee or a tax recipient, and anyone can drip what it holds, a capped amount at a time, to the in-range LPs of one pool fixed when it is made. The caller earns a tip of up to 1%.
What you take on
- Liquidity added to catch a drip can still share it, so the most per drip and the blocks between drips are what bound any one drip's loss: keep them small.
- A destination pool with no liquidity in range takes no drip until it has some.
Tradeoff
- A drip pays only against liquidity and a price recorded in an earlier block, and stops when either moved too far since, which makes just-in-time liquidity costlier without ruling it out. A donation pays in the pool's own currencies, so the bridge holds one of them.
Source verification is not an independent audit.