🪙Tutorial: How to Launch Algorithmic Stable Points on MEMEX

Algorithmic Stable Points are decentralised business credentials built on algorithms and smart contracts. Users can obtain them through staking and minting, serving as transferable value carriers within the decentralised business ecosystem to realise on-chain business value.

⭐【Launching Algorithmic Stable Points】

Step 1: On your wallet discovery page, enter “daoaas.io” to access the official DAOaaS website.

Step 2: In the top-right “Memex” menu, click “Algorithmic Stable Points.”

Step 3: Click “Point Launcher” at the top right.

Step 4: Fill in the details for the Algorithmic Stable Points and proceed to the next step.

Step 5: Configure the mechanism, including:

  1. Paste the token contract address as the staking token for minting Algorithmic Stable Points (the selected staking token must have established liquidity with USDT).

  2. Set the minting cooldown period. Users can only withdraw points after the cooldown period ends.

  3. Configure governance token information for the Algorithmic Stable Points.

  4. Set the staking fee rate — the percentage deducted when users stake to mint Algorithmic Stable Points.

  5. Set the redemption fee rate — the proportion deducted when users redeem their staked assets.

  6. Set the LP creation ratio — a portion of the staked tokens will be automatically swapped into USDT and the governance token to form an LP and add liquidity. Example: if the governance token liquidity injection ratio is 3%, a user minting with 100 MMX will have 3 MMX automatically converted into an LP pair with USDT.

⭐【Managing Algorithmic Stable Points】

Creators can manage launched Algorithmic Stable Points through “Point Management” on the Point Launcher homepage. Click “Details” to enter the management interface, which includes:

  1. Pause and Resume Contract: Temporarily disable or enable the minting of Algorithmic Stable Points.

  2. Reset the minting cooldown period.

  3. Add or Withdraw Tokens: Add new tokens that can be used for staking to mint Algorithmic Stable Points after launch. Once added, users can select these tokens as redemption assets when reclaiming their staked tokens.

  4. Configure Staking or Withdrawal Token Blacklist: Prohibit or allow specific tokens to be used for staking mint, or close certain redemption asset channels.

  5. Price Feeding: Manual price update mechanism. To ensure transaction safety, the system requires three rounds of price feeds before enabling actual operations. If users wish to stake or redeem urgently, they can manually click “Feed” to speed up the process.

  6. Share Link: Click to copy the participation link, allowing users to join the Algorithmic Stable Points minting through it.

Last updated