Risk notice: Super limited liquidity (maybe ~$100 at the time I wrote this) — price can move a lot. The amount of ETH available in the pool is decided by the market, not guaranteed. $FSA may be worth 0. This is experimental; consider this toy money for fun, not an investment option. DYOR.

About the dramatic price action prior to external trading

  • In the original design, the 50% of liqudity is added at launch at the high price, it's locked and can never be altered. The starting price was roughly 10× higher than the cost of obtaining $FSA from emissions, so almost nobody traded against the pool.
  • We later added a tiny amount of liquidity below the launch price to help reprice. That is why you may see sharp moves and red candles that look unlike a typical launch chart.
  • A good portion of that depth is provided by the community, not the protocol. Community LPs can change or remove positions at any time, which is an extra risk factor when you trade here.

Connect a wallet on Shape Mainnet to continue.