#MUA Myth MUA is a high-speed deflationary multi-pool structure gameplay, consensus on the mechanism, not on any individual!
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1. Myth MUA has been running for 14 months and has destroyed approximately 70%, following a high-speed deflationary mechanism.
2. MUA involves multiple pools for trading and exchange; price differences between pools attract robots to automatically arbitrage.
3. MUA features a flexible bottoming mechanism specifically designed to destroy MIUA held by users.
MUA has two key points
First, Myth consists of multiple trading pools, with prices driven entirely by market supply and demand.
Myth features multiple trading pools, and when price discrepancies arise between pools, on-chain robots automatically arbitrage, equalizing prices across pools.
This arbitrage process naturally generates trading volume, providing AMM quantitative returns and 2.5 LP dividends to those adding liquidity.
Second, and most importantly: Myth has a bottoming pool to help deflation users' MUA holdings.
In Myth, when someone profits from trading, a profit tax is collected into the bottoming pool.
The bottoming pool's price is calculated based on the funds within it, pegged to a fixed 1 trillion MUA.
As funds continuously flow into the bottoming pool, the bottoming price gradually increases.
When the bottoming price exceeds the market price, users have a choice:
Instead of selling on the market, they can directly exchange their MUA in the bottoming pool.
The exchange is simple: just transfer 1 trillion MUA into the bottoming contract,
and the funds in the bottoming pool will be instantly paid out to you,
while this 1 trillion MUA is permanently destroyed in the black hole and never returns to the market.
During periods of significant market volatility, the bottoming price may suddenly rise noticeably above the market price,
leading to a 'race to bottom' situation:
The first person to complete the exchange claims all funds in the bottoming pool,
subsequent MUA deposits will only be destroyed and will not receive any funds.
Thus, throughout this process, real trading occurs while tokens are continuously destroyed,
and the funds in the bottoming pool are never idle but constantly active.
This is the core mechanism of Myth MUA.