PROTOCOL FEE

In Solavista, the individual who provides liquidity and initiates a pool is referred to as the Creator. This role grants the Creator administrative privileges (write access) to configure and control several aspects of the pool’s settings. These settings include:

• Pool Fees: The Creator determines the transaction fees applicable to swaps within the liquidity pool. This can range from the basic swap fees (charged for every transaction) to more advanced configurations like fee distribution across multiple liquidity providers or to a treasury.

• Protocol Address: This is an essential element, as it links the pool to the Solavista smart contract. The protocol-assigned smart contract address ensures that the pool is securely integrated into the Solavista ecosystem, where all fees, rewards, and liquidity flows are governed by the smart contract’s logic.

• Metadata: Creators can define metadata for their pools and tokens, such as the token’s website URL, logo, project description, and social media handles. This is especially important for project visibility and credibility within the ecosystem. By making metadata accessible through the Solavista DEX explorer, users can easily verify token information and avoid phishing attempts or scam tokens. This feature provides enhanced transparency and security for users interacting with decentralized applications.

Takeaway

Solavista’s Pool Configuration and Protocol Fee system offers a comprehensive, decentralized approach to managing liquidity pools and token projects. The Creator has full control over key settings, while the smart contract ensures fairness and security in fee distribution. This model supports diverse DeFi applications and focuses on long-term growth, setting Solavista apart from traditional AMM platforms.