liquidity layer is now fully self consuming

creators on zora receive 0.5% - 1% of all trades of their coin as a reward

i've deployed a contract that receives those fees, swaps them for liquidity layer tokens, and burns them

the more the token is traded, the less remains

this is all done permissionlessly

the receiver contract is a @splits swapper, and anyone can execute the transaction to swap and burn

splits.org

active at /splits, come say hi 

this is all done permissionlessly

the receiver contract is a @splits swapper, and anyone can execute the transaction to swap and burn

https://app.splits.org/accounts/0x90Ba3cd31cf7C1d94C5397522dDA7264D48498B6/?chainId=8453

the zora rewards come from two sources

1. when a sale happens on the zora protocol, 0.5% of the sell amount of the coin is sent to the receiver

2. fees from all other trades get sent to the zora escrow contract, which anyone can execute to withdraw and send to the receiver

that's my best understanding of the zora rewards at least. docs are here if anyone is looking for more info

that's my best understanding of the zora rewards at least. docs are here if anyone is looking for more info

https://support.zora.co/en/articles/2509953

it's a manual process to execute these transactions atm, but i'm working on automating them to run each time the image gets updated