BuildKey V2 is an AMM-based, unified spot-derivative trading for illiquid assets within a trustless framework.
📌 TLDR about BuildKey V2
- Deposit to forge BuildKey
- Trade long or short BuildKey to profit based on AMM
- Settle your position at liquidity events (TGE, Token Vesting, IPO, etc.) and receive/cost tokens, BNB or other assets
- No liquidation risk: short positions will not be forcibly liquidated due to short-term pre-market volatility. Instead, the position will be safely locked and short users can still close it by completing asset settlement at liquidity events and win profit.
Using Pre-market token assets as an example:
Step 1 - Pick a BuildKey V2 Asset
Go to https://trade.aspecta.ai/
Step 2 - Deposit to forge BuildKey
BuildKey fair launch provides everyone with an equal chance to access the earliest long position.
- Deposit Stage
- Within the first 30 minutes (may vary by projects) after a pool's launch, it takes a "Buy with Raffle" mode.
- The deposit randomly selects txns to execute, regardless of the txn order, gas price, and pay price.
- Participating in the deposit and claim keys/refund from the deposit is permissionless. ASP holders will be eligible to join premium deposit groups.
- Sniper Surcharge & Dynamic Pricing:
- 5 minutes after the Deposit stage ends (may vary by project), the Sniper Surcharge stage begins.
- When users buy long positions, an additional time-variable transaction tax will apply. This allows users to negotiate the initial prices of different assets in a fair and democratic manner.
- The additional tax collected will be either directly deposited into the pool or used to purchase project tokens post-TGE, and shared among all long users during the settlement stage.
Step 3 - Trade Long or Short on Bonding Curve
BuildKey will be traded on an AMM (bonding curve), and the price is determined by the market.