BuildKey V2 is an AMM-based, unified spot-derivative trading for illiquid assets within a trustless framework.

📌 TLDR about BuildKey V2

• Deposit to forge early BuildKey
• Trade long or short BuildKey to profit based on AMM
• Settle your position at liquidity events (TGE, Token Vesting, IPO, etc.). Receive/cost tokens and/or BNB
• 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.

• Auction Mode:

  • 5 minutes after the Deposit stage ends (may vary by project), the Auction Mode begins.
  • When users buy long positions, an additional time-decaying auction fund is required. This allows users to negotiate the initial prices of different assets in a fair and democratic manner. On the other hand, this mechanism also protects users from sniper bots.
  • The auction fund 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 with BNB on Bonding Curve

BuildKey will be traded on an AMM (bonding curve), and the price is determined by the market.