Overview
How Thunderhood works
Thunderhood operates on the NEAR blockchain as a fully permissionless platform, eliminating the need for trusted intermediaries. It emphasizes decentralization and censorship resistance, allowing anyone to trade or create tokens freely.
Token Launch Set-up
Thunderhood provides a platform for users to create their own token with their own information including Name, Symbol, Token icon, Supply, Initial Liquidity, Social Media link, Sell Tax, Vesting, Swap fee. All these steps only take you under 1 min to create your token.
Swap + Auto Route
Inspired by Uniswap v2, Thunderhood Swap functions as an automated liquidity protocol, driven by:
For more information, please refer to:
Swap function: x * y = k
Uniswap v2 Whitepaper: https://uniswap.org/whitepaper.pdf
Auto Router is the future feature that identifies the best prices for traders on Thunderhood by potentially splitting trades across $NEAR LP provided by us simultaneously.
LP Locked
LP Lock ensures a secure trading environment, meaning that once creators add initial liquidity to their token, they no longer have access to the liquidity pool, enhancing trust and safety. The initial liquidity will be permanently locked in the trading pool and cannot be withdrawn.
Fees
Trading fee:
Trading fee on the Thunderhood platform is set at 0.6% per swap transaction, in addition to any network fees and other applicable taxes (such as farm/sell taxes). These fees contribute to enhancing and maintaining the Thunderhood infrastructure.
Generation fee
Generation fee on the Thunderhood platform is set at 0.6% per token created, in addition to any network fees and other applicable taxes (such as farm/sell taxes). These fees contribute to enhancing and maintaining the Thunderhood infrastructure.
Thunderhood Participants
Traders
Traders can swap NEP-141 tokens.
Traders can adopt various strategies, ranging from fundamental and technical analysis to the "ape" approach, where they quickly buy a token soon after its launch without performing in-depth research.
High-frequency bots can employ various strategies.
Dapp users purchase tokens to interact with other applications.
Smart contracts execute trades by utilizing swap functions, ranging from DEX aggregators to custom scripts.
Token Creators
Creators can generate NEP-141 tokens.
Creators can effortlessly launch their own token in under 1 minute with Thunderhood’s permissionless system, while initial liquidity setup ensures instant availability for trading.
Communities, DAOs, organizations, and influencers can also launch their own tokens, tailored to their unique identity and strategy.
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