New Launches
All $XXXDAT tokens are launched through a fair launch model.
At launch, the full token supply is created - 1,000,000,000 $XXXDAT. After that, the entire supply is sent into the liquidity pool, and the LP position is locked or burned so the liquidity cannot be withdrawn.
To protect the launch from bots and snipers, the initial buy fee is 99%. It then gradually decreases to the base fee of each specific DAT.
For example, the base fee for $LDAT is 10%.
It is important to understand that these fees are not extracted from the ecosystem. They remain inside the mechanics of each specific DAT and are used to support its economy: treasury accumulation, buybacks, burns, or other actions defined by that token’s model.
That is why the high initial fee is not a punishment for users. It is a protection mechanism against snipers and a way to strengthen the token’s health at launch.
Additionally, regardless of the internal economy of each $XXXDAT, 1% of trading volume from every token is always used to buy and burn the core protocol token on the network where that token was launched.
If the token is launched on Linea L2, this 1% is used to buy and burn $LDAT. The more DAT tokens are launched in the Linea ecosystem, the stronger the constant deflationary pressure on $LDAT becomes.