Erichsu's Dailyshare|Put “luck-swipe” into Uniswap v4 — SwingHook mechanism breakdown
Sharing a new project SwingHook @Hooknomics. The whitepaper’s “Hooknomics hook economics” to me can be summed up quite bluntly as — adding a “luck-swipe” mode to trades on Uniswap v4 🤣
1. How to play: you can choose “luck-swipe” when buying tokens
Mechanism: it plugs a Hook into a Uniswap v4 pool. Regular buys and sells still go through the pool’s price; but you can choose SwingBuy—using Chainlink VRF to draw a settlement coefficient from 0.3x to 10x. Your final proceeds = the pool’s quoted price × the coefficient.
In essence: a luck-swipe红包😜. If your luck is bad at 0.3x, you get 70% less; if your luck is great at 10x, the vault compensates you with nine times more—but it feels like over the long run your payout averages only 95% of the quote, with the remaining 5% safely staying in the protocol.
2. Current progress: Launch phase, building the vault
The project is still in the Launch phase. Once the vault reaches 100 ETH, or after 30 days from launch—whichever comes first—the Launch ends. Full functionality opens only then.
3. Who receives that 5%: stakers
Staking SWING is like buying into the company and becoming a shareholder😈:
- If someone hits a big luck of ≥3x, 5% of the excess portion is distributed to stakers (Echo)
- Even more interesting is the Sunset mechanism: if, over the last 30 days, total buy volume is below 5 ETH, the protocol automatically enters “sunset liquidation.” The entire ETH vault plus all withdrawable/recoverable LP are distributed to stakers proportionally
So, on the day nobody comes to luck-swipe anymore, the assets don’t belong to the team and don’t rot inside the contract—they’re liquidated and paid out to shareholders. This kind of endgame design is something I really haven’t seen a second time in “shitcoin” projects.
Rule details: staking activates after 10 minutes; unstaking requires waiting 24 hours before you can withdraw the tokens.
Personal rambling
- Mathematically, people who choose “luck-swipe” long-term basically suffer a -5% drag. In this model, the only place with positive expected value is the staking side—collecting the drag in normal times, and when the “plate” cools off, sharing the liquidation
- But for shareholders, there are two prerequisites: no bugs in the contract, and the plate doesn’t go cold within 30 days. Also, since staking hasn’t opened yet, if you want to become a shareholder right now, you can only wait while holding spot tokens.
PS: Please do your own research—trade at your own risk.
#UniswapV2 #Swing