🐇Hello $BUNNY☆
TAP 协议 ASSET HOPPER
PHASE ONE
☆ Abstract
The Tokenized Asset Protocol (TAP) on the Bitcoin blockchain is an extendible OrdFi-enabling system that uses 'tapping' for transaction verification without L2 chains, complementing BRC-20 and evolving through community-driven development. One of the challenges within the TAP ecosystem has been the absence of a universally accepted trading pair. $BUNNY seeks to pioneer the world of asset hopping within the Tap Protocol ecosystem.
☆ Problem and Solution
Problem: The TAP ecosystem currently lacks a universally accepted trading pair, leading to fragmented and potentially less efficient trading experiences.
Solution: $BUNNY aims to serve as a popular trading pair within the TAP environment, facilitating efficient transitions between different assets and a streamline hopping experience.
☆ Core Features
$BUNNY as Intermediary: $BUNNY acts as an intermediary token to enhance liquidity within the TAP ecosystem. By having a standard token like $BUNNY that many hoppers are willing to accept, it simplifies trade decisions and can potentially reduce price confusion.
Direct Token Swaps: Utilizing the TAP protocol's "token-trade" function, users can engage in direct token hops, trading their desired tokens for $BUNNY or vice versa.
Potential for Optimized Trading: With $BUNNY serving as a common intermediary, there's potential for more streamlined trading routes in the TAP ecosystem. The efficiency gains will depend on the uptake of $BUNNY as a preferred trading token and the development of mechanisms like dynamic fee structures.
(Concept) Hybrid Multi-Hopping: Empowers users with the freedom to choose between direct hops and multi-stage hops for optimal trading pair transitions.
TOKEN DETAILS
Token Ticker: BUNNY
Progress: 100.00%
Maximum Supply: 1,000,000,000
Limit: 1,000,000,000
Decimals: 18
Transaction ID: bf7d222141b7ae9efa2b3eceb088e0bcfa7407bb4e6e4ace8529c83943bcb27b
Number: 25665466
Timestamp: 8/21/2023, 1:24:16 AM
Block: 804189
Inscription: bf7d222141b7ae9efa2b3eceb088e0bcfa7407bb4e6e4ace8529c83943bcb27bi0
Cursed: No
TAP PROTOCOL BASICS
☆ Tap Protocol: Creating a Trade
To inscribe a trade, a seller has to inscribe a text inscription in the following format:
{
"p" : "tap",
"op" : "token-trade",
"side" : "0",
"tick" : "tap",
"amt" : "1",
"accept" : [
{
"tick" : "benny",
"amt" : "1"
},
{
"tick" : "BUNNY",
"amt" : "1"
}
],
"valid" : "900000"
}☆ Tap Protocol: Cancelling a Trade
In order to cancel an existing, non-expired trade. The following function has to be inscribed and tapped (sent to yourself):
{
"p" : "tap",
"op" : "token-trade",
"side" : "0",
"trade" : "<inscription id>"
}☆ Tap Protocol: Fill a Trade
Valid trades are fillable by inscribing a token-trade inscription that specifies which offered token to purchase, with a reference to the original trade inscription. Additionally, an optional fee receiver may be specified. The fee receiver will earn fixed 0.3% of the token that the buyer is purchasing. The fee is applied on top of the purchase amount.
{
"p" : "tap",
"op" : "token-trade",
"side" : "1",
"trade" : "<inscription id>",
"tick" : "BUNNY",
"amt" : "1",
"fee_rcv" : "<fee receiver address>"
}☆ WTF IS TAPPING?
☆ Future Developments
The $BUNNY ecosystem aims to become the go-to platform for asset hopping.
Summary Unlock seamless token hops with $BUNNY! Our hybrid direct-hopping mechanism will guide you in choosing the best path for trading within the Tap Protocol ecosystem.
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