7007 protocol
  • Overview
  • Problem
  • Solution
    • ERC-7007
  • 7007 Launch
  • How it works
    • Issuance
    • Trading
    • Revealing
  • Mechanism
  • Tech stacks
  • Address and GitHub link
  • Websites and socials
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Mechanism

Prime Liquidity: The Built-in Safety Net

Once all Inference assets are sold, their price hits a peak defined by the Bonding Curve. However, the system provides a safety mechanism: if secondary market prices dip below this peak, holders can sell their assets back to the Bonding Curve at a guaranteed price. The $ORA accumulated in the smart contract serves as a reliable reserve, offering several advantages:

  • Immutable Trust The smart contract operates on strict, tamper-proof rules, ensuring absolute security for all participants.

  • Value Backing The $ORA held in reserve provides tangible support for the assets' value, reinforcing market confidence.

  • Market Stability This fallback mechanism helps stabilize the market, offering reassurance in the face of fluctuating secondary prices.

The 7007 Launch protocol charges a trading fee of up to 1% per transaction. After deducting the creator’s incentive portion, the remaining amount is retained as the protocol fee.

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Last updated 2 months ago