3.7. Basket and Pump (BaP)
The “Gradual Unlocking” mechanism, described in the previous section, offers numerous advantages but also has certain disadvantages
Недостатки которые устраняет BaP:
1. Daily Selling of Unlocked Coins
Investors are required to sell unlocked coins daily, turning routine operations into repetitive tasks that could otherwise be automated.
2. Challenges with Limit Orders for Coin Purchases
For investors seeking to build large positions, the process may take more than a day. Due to the “daily burning mechanism”, this would necessitate splitting the position into multiple smaller parts and entering them into Smart-Staking over several days.
To address these issues, the “Basket and Pump” (BaP) mechanism was developed. It works similarly to a tennis ball launcher: the “basket” accumulates balls (in this case, coins), while the “launcher” distributes them. The basket collects unlocked or acquired coins, and the launcher directs them either to Smart-Staking or to the exchange for automated selling. This mechanism simplifies and automates routine processes for investors.
The BaP mechanism is integrated into the Online Node (Section 3.15) and automates the following:
1. Selling DeflationCoin
During daily unlocking from Smart-Staking, coins can be partially or fully sold on the exchange at the investor’s discretion. The entire process is automated and can be activated with a single button, eliminating the need for investors to manually renew or sell their coins every day.
2. Buying DeflationCoin
For professional market participants who use limit orders, BaP simplifies the process of building positions by allowing accumulation over several days. These accumulated coins can be entered into Smart-Staking as a single position, avoiding the need to split them into smaller daily transactions. Conditions for this process:
Coins can remain in the “basket” for no more than 30 days. After this period, they are automatically transferred to Smart-Staking.
Coins in the basket cannot be withdrawn for external transactions; they can only be entered into Smart-Staking.
While coins are in the basket, they do not accrue dividends.
The BaP mechanism serves as an enhancement to the Smart-Staking and Gradual Unlocking systems, simplifying routine processes and making them fully automated. This ensures a more seamless and efficient experience for investors.
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