🧙‍♂️MerlinStone

MerlinStone, the governance token of LaunchSwap, grants holders benefits such as protocol dividends, airdrops, governance voting rights, and IDO whitelist access for new projects. With a total supply of 10,000, over 50% will automatically open up AMM. MerlinStone is the cornerstone of LaunchSwap's protocol, carrying significant ecological importance.

Token Issuance: Deploying a token via the MerlinStone model establishes a trading pool on LaunchSwap, with all tokens entering the pool without reservations.

Token Pricing Mechanism: MerlinStone employs the y/x=p model as its core pricing mechanism, derived from the x*y=k product model. This ensures fair pricing and liquidity.

Incentive Mechanism: 80% of trading fees go to liquidity pool holders, incentivizing all holders, while 15% rewards token issuers, fostering platform growth.

Protocol Fees: Fees from transactions are distributed among token holders, token issuers, and platform improvements, ensuring a balanced ecosystem.

Advantages of The LaunchSwap Model: The LaunchSwap model prioritizes safety, fairness, and transparency, featuring a floor price mechanism to protect users and prevent rug pulls.