Every trade pays a fee in ZEC. The machine buys stablezats back with part of it, pairs the coins with ZEC, adds both sides to the pool and burns the LP. The pool can only get deeper.
zecYuRMvzRiLktRNQywZbkD3M64rF8Qth8x6pYVyQoVcopyThe founder of Zcash wanted something that softens ZEC's swings, and gave it a name before it existed.
If we could, it would solve the “BTC and ZEC are too volatile” problem without having to invent a new token. Unfortunately I haven’t figured out how to do it in a decentralized way. If you do, call it “stablezats”!
A coin paired with ZEC whose only job is to turn every trade into liquidity that can never leave. The more it trades, the deeper the pool, the smaller the swings.
Price impact is a function of pool depth. Double the depth and any single trade moves the price about half as much. Every cycle adds depth and burns the key. The pool only gets harder to move.
It still trades against ZEC, so it is not a dollar peg, and we are not pretending it is.
Four steps, on a timer, every transaction public. No discretion, no treasury, no one to trust.
The coin is paired with ZEC, so its creator fee is paid in ZEC. The machine claims it from pump.fun.
Roughly forty percent of every claim buys stablezats on its own market, so each cycle prints on the chart.
Every coin bought is paired with ZEC and deposited into the pool at its own ratio. Both sides, real depth.
The LP tokens are burned. That liquidity belongs to nobody now. It cannot be withdrawn, moved or rugged.
Every claim, buyback, LP add and LP burn, newest first, each one linked to the transaction.
Three addresses. Everything the machine does happens between them.