Every swap pays 1%. to watch it move.
Swap flow
A $1,000 swap now pays $9.99: $8.99 to liquidity, $1.00 to the book.
Ladders and limit orders. Fees are paid in the token a trader pays with.
Every swap pays 1%. Rungs are at least 2% wide.
Off: the pool opens at its swap fee.
On: swaps pay more while the price moves fast. The extra goes to liquidity.
Each block is enforced by the hook in every swap and fixed when the pool opens. Traders always pay the swap fee and no more: the royalty and the burn come out of it. The book's tenth of these pools' fees goes into its LOOM pairs as depth.
90% of the swap fee to liquidity, 10% to the LoomDesk book, taken in ETH. Launch and volatility extras are all liquidity's.
hook spec
