[{"data":1,"prerenderedAt":180},["ShallowReactive",2],{"docs:zh:\u002Fdocs\u002Fduel\u002Fconcepts\u002Fpools":3},{"id":4,"title":5,"body":6,"cover":171,"description":172,"extension":173,"meta":174,"navigation":175,"path":176,"seo":177,"stem":178,"__hash__":179},"docs\u002Fzh\u002Fdocs\u002Fduel\u002Fconcepts\u002Fpools.md","三个池子",{"type":7,"value":8,"toc":163},"minimark",[9,12,21,24,27,89,98,103,110,117,124,127,130,148,151],[10,11,5],"h1",{"id":5},[13,14,15,16,20],"p",{},"发射一场对决，会部署两个各有 ",[17,18,19],"strong",{},"10 亿枚","的普通 ERC-20 代币——A 阵营和 B 阵营，并在同一笔交易中于 Robinhood Chain 上开设三个 Uniswap V4 池子：",[22,23],"pools-diagram",{},[13,25,26],{},"采用默认 2% 的交叉池分配时，初始储备如下：",[28,29,30,46],"table",{},[31,32,33],"thead",{},[34,35,36,40,43],"tr",{},[37,38,39],"th",{},"池子",[37,41,42],{},"持有",[37,44,45],{},"作用",[47,48,49,63,76],"tbody",{},[34,50,51,57,60],{},[52,53,54],"td",{},[17,55,56],{},"ETH \u002F A",[52,58,59],{},"9.8 亿枚 A（供应量的 98%）",[52,61,62],{},"用 ETH 买卖 A 阵营的地方",[34,64,65,70,73],{},[52,66,67],{},[17,68,69],{},"ETH \u002F B",[52,71,72],{},"9.8 亿枚 B（供应量的 98%）",[52,74,75],{},"用 ETH 买卖 B 阵营的地方",[34,77,78,83,86],{},[52,79,80],{},[17,81,82],{},"A \u002F B",[52,84,85],{},"各 2000 万枚（各自供应量的 2%），按 1:1",[52,87,88],{},"最小的切换经过的地方",[13,90,91,92,97],{},"没有团队份额，也没有预售：全部供应都进入池子，创建者持有的代币来自可选的",[93,94,96],"a",{"href":95},"\u002Fdocs\u002Fduel\u002Fguide\u002Flaunch#%E5%8F%91%E5%B0%84%E4%B9%B0%E5%85%A5","发射买入","，抢在所有人之前从池子买入，支付兑换手续费，但不缴防狙击税。",[99,100,102],"h2",{"id":101},"单边-eth-池","单边 ETH 池",[13,104,105,106,109],{},"ETH 池开始时只有代币：仓位位于发射价之上，没有 ETH。每个池子的行为类似带有少量",[17,107,108],{},"虚拟"," ETH 储备的恒定乘积池，默认条款下约为 1.66 ETH。买家存入真实 ETH，后续卖出可以取回其中一部分。成功的再平衡会在池子之间及奖池中转移部分 ETH。卖出可以把价格带回发射底价；此时池中已没有真实 ETH 可支付给下一位卖家。",[13,111,112,113,116],{},"每个阵营的完全稀释估值约为 ",[17,114,115],{},"1.69 ETH","（工厂合约的设定值 1.68 ETH，按池子的价格步长取整；所有者可以在限制范围内为未来的对决更改它）。两个阵营以完全相同的价格起步。",[13,118,119,120,123],{},"流动性固定时，一方价格随",[17,121,122],{},"虚拟 ETH 与池内真实 ETH 之和的平方","增长。市值还取决于会因销毁而减少的流通供应量。只把真实 ETH 翻倍通常不会让市值变成四倍；只有真实 ETH 远大于虚拟储备且供应量不变时，这才是近似关系。试试看：",[125,126],"split-simulator",{},[99,128,129],{"id":129},"两个阵营之间的池子",[13,131,132,133,137,138,142,143,147],{},"默认条款下，A\u002FB 池以 1:1 价格在全价格范围内持有各方供应量的 2%。",[93,134,136],{"href":135},"\u002Fdocs\u002Fduel\u002Fguide\u002Ftrade","切换","可以通过它完成一次兑换。应用会比较这条路径与经由 ETH 的路径，并选择净收到数量更多的一条。交易后，钩子会在可用 ETH 的范围内尝试",[93,139,141],{"href":140},"\u002Fdocs\u002Fduel\u002Fconcepts\u002Frealignment","再平衡","；A\u002FB 价格可能仍有偏差。该价格从不直接计入只读取 ETH 池的",[93,144,146],{"href":145},"\u002Fdocs\u002Fduel\u002Fconcepts\u002Fsplit","占比","或回合。",[99,149,150],{"id":150},"永久锁定",[13,152,153,154,157,158,162],{},"三个仓位都归工厂合约所有，并由钩子锁定：",[17,155,156],{},"任何人都永远无法撤出流动性","，其他任何人也无法添加。池子没有 LP 手续费；所有手续费都由钩子收取（参见",[93,159,161],{"href":160},"\u002Fdocs\u002Fduel\u002Fconcepts\u002Ffees","手续费","）。代币本身没有所有者、没有税、没有黑名单，也没有增发功能：它们的供应量只会通过销毁减少。",{"title":164,"searchDepth":165,"depth":166,"links":167},"",2,3,[168,169,170],{"id":101,"depth":165,"text":102},{"id":129,"depth":165,"text":129},{"id":150,"depth":165,"text":150},null,"对决的三个 Uniswap V4 池子：每个阵营与 ETH 的池子持有其供应量的 98%，A\u002FB 池各持 2%。流动性永久锁定。","md",{},true,"\u002Fzh\u002Fdocs\u002Fduel\u002Fconcepts\u002Fpools",{"title":5,"description":172},"zh\u002Fdocs\u002Fduel\u002Fconcepts\u002Fpools","pHtgb0nCg-S69krwUDcCXrMksuEmNfpwRnuJbtPDYRQ",1791232784820]