BRC-20 Liquidity Experiment
  • 🍫BRC-20 Liquidity Experiment - Original
  • New to ordinals?
    • What is all this?
    • Inscribing - Beginners
  • CREATE - Original
    • BRC-20 LP Tokens
    • How swaps work
  • Worked live example - Original
    • Example
  • 🆕BRC-20 Swap - Improved
    • LP Creation
    • Adding Liquidity
    • Swapping
    • Staking
    • 🤓Tokenomics
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BRC-20 Liquidity Experiment - Original

Using inscriptions to attempt to provide fool-proof off-chain balances available to swap using liquidity pools.

Identifying "tick"

As many of you are aware the standard for deploying BRC-20 consists of:

{ 
  "p": "brc-20",
  "op": "deploy",
  "tick": "ordi",
  "max": "21000000",
  "lim": "1000"
}

The issue is "tick" does not specify particular ticker, anyone can make another ticker and it would be indistinguishable. This I believe is the most significant issue at this point if we are to progress to the level of 'swaps'.

Adding a verification 'number' to future events

If the inscription number from the first inscription is added to future events, you can verify that it is meant for this BRC token.

{ 
  "p": "brc-20",
  "op": "mint",
  "tick": "ordi",
  "veri": "430602",
  "amt": "1000"
}
NextWhat is all this?

Last updated 1 year ago

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