Providing Liquidity and Trading NFTs (TRADE)
// Pseudocode:
create_pool(
collection_pool,
collection_cap,
initial_nfts,
initial_tokens,
user_balance,
fee_percent = 30,
min_price = 500,
max_price = 5000,
...
);Last updated
Workflow:
Initialize a Trading Pool: Call create_pool(...) to provide some NFTs and tokens to form the initial reserves of a new liquidity pool.
Add or Remove Liquidity: Use add_liquidity(...) or remove_liquidity(...) to adjust your position, earning LP tokens representing your share.
Trading: Other users can now swap_tokens_for_nfts_with_slippage(...) or swap_nfts_for_tokens_with_slippage(...), dynamically adjusting the pool’s price as they trade.
Fee Distribution: The pool accumulates fees from trades. Periodically distribute fees to recipients or the contract owner using fee withdrawal functions.
Result: A continuous market where NFTs can be bought and sold at algorithmically determined prices, offering liquidity providers a chance to earn fees and traders flexible buying options.
Example Script:
// Pseudocode:
create_pool(
collection_pool,
collection_cap,
initial_nfts,
initial_tokens,
user_balance,
fee_percent = 30,
min_price = 500,
max_price = 5000,
...
);Last updated