Docs / The mechanism / Keep and compound
Keep and compound.
The graduated liquidity is retained as protocol-owned liquidity and deepens with every trade. It is never withdrawn.
It is shown separate from the fee split because it is depth, not a price. Green marks the pool.
Shown separately · depth, not a price
The pool is kept and compounds. It is never withdrawn.
The graduated liquidity stays in place as protocol-owned liquidity and deepens with every trade, on top of every other survivor's. It is separate from the four fee buckets. Green marks the pool.
The loop
The pool is primarily the graduated bonding-curve liquidity that stays in place, topped up over time by the buyback bucket. It compounds through a self-reinforcing loop:
- Deeper pool, less slippage.
- Less slippage, more volume.
- More volume, more fees, more buyback, deeper pool.
Because it compounds on each graduated survivor, the depth is not a fixed lead a competitor can close by sprinting. It accumulates, and the gap widens with time.
Why a fork cannot copy it
The pool is on-chain state, not behavior. A fork of the code starts at zero pool on your graduated survivors and cannot replay the history that built it. The paired reputation graph ages over real weeks and starts every identity at tier zero on a fork. State is the barrier; code is not.
Honest bounds The pool compounds only on survivors, and only after distribution wins the cold start, since the pool is seeded by real volume. It is per-asset, not a redeployable reserve. The numbers here are modeled, not measured.