Token Features
These are the features of the DMFIA token at launch.
0% buy tax and 0% sell tax
MEV Protection (Explained Below)
Layer zero integration (Explained Below)
2.5% Wallet Threshold (Explained Below)
Whale control whitelist
No mint function
Upgradeable
MEV Protection - MEV stands for Maximal Extractable Value and you may have been a victim of MEV yourself and not even realized it. On Ethereum (or any network which uses a mempool and transaction ordering) there are bots that are deployed that are scanning the mempool in search of trades that are happening in real time. You can think of the mempool like the waiting room before you get to go into the network and get picked up by the nodes and confirmed.
What these bots are looking for is for a trade taking place where the trader has slippage set to a high number (over 1%). They are looking for other factors as well but for the sake of this document lets just focus on the slippage. As soon as your transaction hits the mempool and they see that you have high slippage They initiate a buy, using a higher gas fee than you, which gets their transaction picked up first, thus driving up the price prior to your buy going through. Then in the exact same block (usually) once your buy has gone through they immediately sell into you.
This is referred to as a sandwich attack because they sandwich your transaction with their two transactions. So since they bought right before you then you got less tokens due to buying at a higher price. Since they sold right after your buy then they are selling at a higher price than they bought yielding them profit. Needless to say this is not only a pain for the unaware but it costs people millions of dollars per year.
Solution: We will have a form of MEV protection built in at the contract level which doesn't allow these types of transactions to occur. So, rest assured, when you are trading the DMFIA token you are safe from MEV bots.
MEV TLDR: Bots try to steal your money, we don't let them.
Layer Zero Integration - Layer Zero is a cross chain messaging protocol that is one of the premier services that are used to bridge from one chain to another (ie.. Ethereum to Mantle). Should we decide to go cross-chain in the future we will already have the necessary tools built into the contract to allow us to do so.
2.5% Wallet Threshold - We will have a feature built into the contract which forbids any wallet from holding more than 2.5% of the supply at any given time. This allows for greater distribution and more opportunities for smaller players to get involved.
The token will remain upgradeable behind a multi-sig should we decide that new features are needed in the future.
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