Innovation Mechanism
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1. Product Overview
Pumpup.ai(CA: PdMDrKEMaX8q7CCJb7NvUCxerBCcsFUa4LjBEynTtEd) is an AI-driven MemeCoin launch and leverage trading platform that combines Uswap.ai ( https://www.rootdata.com/Projects/detail/Uswap?k=MTYzNDA%3D ) neural networks algorithms for intelligent leverage adjustment and liquidity management , optimizing fund efficiency and reducing trading risks. The contract is audited by the well-known audit firm beosin: . Beyond the boundary (quick launch mode 67 sol; high pvp mode 184 sol), it is automatically launched to the Raydium foreign exchange and all liquidity is placed in the foreign exchange. At the same time, the tokens generated by AI leverage and the tokens that need to be burned due to a 10% increase in foreign exchange prices are placed in the black hole address (see 3.3). The platform's external disk supports both Raydium's AMM and CLMM liquidity pools. The classic AMM is the most widely deployed liquidity pool on Solana. After the token successfully launched on Raydium, platforms like Pump.fun will use this model. The latest CLMM is the next generation liquidity model launched by Raydium in the second half of 2024. This advanced decentralized trading protocol provides lower fees and other optimizations, making it the most efficient liquidity solution on Solana (see 3.4 for details). Pumpup.ai status: https://cryptopotato.com/pumpup-ai-emerges-as-second-leading-meme-token-launchpad-on-solana/
Core features:
AI Concept : All contracts end with AI
No margin leverage trading : the only meme coin leverage trading platform in the whole network, supporting up to 7 times leverage , no collateral and no risk of liquidation
Intelligent Leverage Calculation : On-chain AI (PdMDrKEMaX8q7CCJb7NvUCxerBCcsFUa4LjBEynTtEd) algorithm dynamically adjusts leverage, combining cutting-edge technological innovation, AI discovers potential in real time Meme project
Trading range optional : users can choose high pvp mode and quick launch mode, the internal disk corresponds to 185 sol unilateral liquidity, 20,000 sol market cap trading range, and 67 sol unilateral liquidity, 2000 sol market cap trading range. In contrast, the Pump.fun internal disk has only 85 sol unilateral liquidity and 410 sol market cap trading range
Diverse trading experience : AI provides 3, 5, 7 times leverage 3 intervals, plus no leverage a total of 4 different trading intervals, 4 trading experiences on a bonding curve
The lowest comprehensive cost : The internal disk handling fee is the same as Pump.fun, but it can be refunded. Optional AMM or CLMM casting liquidity of Raydium after launch. Pump.fun the transaction cost after launch to Pump Swap is 25 times that after Pumpup.ai launch to Raydium CLMM. Finally, "pouring" the hard cost locked in the liquidity pool is 15.5 SOL more than Pumpup.ai CLMM and 11 SOL more than AMM.
2. Relationship between Pumpup.ai and Uswap.ai
Uswap.ai is the world's first decentralized asset leverage and virtual liquidity management protocol based on AI neural networks inference algorithm, and is the trading protocol layer product of meme Coin infrastructure Uswap.ai can provide algorithmic leverage capability for all on-chain assets based on DEX trading, and provide trading services using a unified virtual liquidity protocol
Uswap.ai = AI Dynamic Tuning + AMM: Uniswap's Automated Market Maker (AMM) formula "X * Y = K" became the catalyst for a new era of prosperity in the DeFi summer and a major milestone in the development of Web3. With a relatively simple linear formula, Uniswap V1 successfully implemented algorithmic pricing for two trading pairs, X and Y, and relied on borrowing and lending liquidity pools to drive price realization. These trading curves are essentially "static". Specifically, the trading curvature, the rate of change of asset prices relative to the liquidity pool, is hardcoding. This immutable property inevitably leads to inefficient trading in specific areas. In contrast, the Uswap.ai protocol uses a more complex neural networks AI inference mechanism. While maintaining the bonding curve unchanged, it uses the innovation of Uniswap V4 virtual liquidity and Pump.fun virtual pot to dynamically optimize the bonding curve through unique algorithms, providing richer possibilities.
Uswap.ai = AI Algorithmic Leverage: Uswap.ai The protocol, as the world's first algorithmic leverage trading protocol, uses a fully decentralized on-chain AI inference algorithm to achieve the automation and intelligence of leverage trading. Compared with the traditional contract trading mode, the algorithmic leverage trading mechanism of the Uswap.ai protocol does not require users to pay margin or provide collateral, thus completely eliminating the risk of liquidation and achieving zero-threshold access to profit amplification. During the user's trading execution process, the Uswap.ai protocol can intelligently adjust the leverage ratio and use virtual liquidity technology to amplify the user's trading funds, thereby improving the efficiency of fund utilization, optimizing the trading curve, enhancing market liquidity, and providing users with an efficient, low-cost, and zero-risk leverage trading protocol.
3. Core technology innovation
3.1 AI Leverage
There are a total of 4 intervals, namely magnification 1, 3, 5, 7 .
The first level indicates that AI cannot trade.
In the second tier, if the user buys/sells 1 copy, the AI will automatically buy/sell 2 copies at the same time.
In the third tier, users buy/sell 1 copy, and AI automatically buys/sells 4 copies at the same time.
Fourth level, users buy/sell 1 copy, and AI automatically buys/sells 6 copies at the same time.
When a transaction crosses a certain range, it needs to be processed as "two transactions" within the contract and calculated at two multiples. When crossing multiple ranges, it is also calculated at multiple multiples.
3.2 Launch boundary (high pvp mode)
AMM:
Initial boundary conditions:
Minted MEME quantity Xs = 1,000,000,000, initial virtual SOL quantity Yv = 40 (Pump.fun is 30) .
Internal progress interval:
3X leverage range: pool token909,000,000 ~ 131,000,000, pool sol4~ 91;
5X leverage range: pool token131,000,000 ~ 88,000,000, pool sol91~ 120;
7X leverage range: pool token 88,000,000 ~ 44,721,359, pool sol120~ 184;
Launch migration:
When the evolution pool in AMM mode emission, migration from the inner disk to the outer disk , the number of tokens in the pool is Xf = 44,721,359 , the total SOL number is Yf ≈ 894 sol , where the real SOL number Yr ≈ 184 sol , virtual SOL number Yv ≈ 714 sol .
Migration process, to AI leverage needs to AI position X_ai ≈ 590,000,000 MEME migration black hole address ①, the price rose 10% need to Xf in the number of Xd ≈ 36,000,000 MEME migration black hole address ②.
The launch fee is F = 4.5 sol (including Raydium/Openbook fee 3.84, black hole address migration 0.15, platform fee 0 sol, dev reward 0.5 sol, etc.).
Automatic destruction mechanism :
The platform will migrate the token account owner of the black hole address MEME to 11111111111111111111111111111111 Systerm Program , which is equivalent to entering a black hole and provides liquidity locking similar to Bitcoin. In order to avoid some bots from calculating the holder wrong because the rules are too simple, the system automatically divides the tokens that need to be burned into 72 token accounts, which are ① dispersed into 60 PDA-derived addresses, ② dispersed into 12 PDA-derived addresses, and the owners of these addresses are Systerm Program, ensuring that no one can operate it.
After completing the migration:
Black hole address token ≈ 627,000,000, accounting for 62.7% of the total 1 billion .
Circulating token ≈ 373,000,000 , accounting for 37.3% of the total 1 billion .
The token in the raydium pool ≈ 8,100,000, accounting for 2.1% of the circulating tokens .
Pool sol ≈ 180 sol.
Comparison of Pumpup and PumpFun's pool funds under different market values (excluding transaction fees).
CLMM:
Initial boundary conditions:
Minted MEME quantity Xs = 1,000,000,000, initial virtual SOL quantity Yv = 40 (Pump.fun is 30) .
Internal progress interval:
3X leverage range: pool token909,000,000 ~ 131,000,000, pool sol4~ 91;
5X leverage range: pool token131,000,000 ~ 88,000,000, pool sol91~ 120;
7X leverage range: pool token 88,000,000 ~ 44,721,359, pool sol120~ 184;
Launch migration:
In the CLMM mode , when migrating from the inner disk to the outer disk, the number of tokens in the pool is Xf = 44,721,359 , and the number of SOLs is Yf ≈ 894 sol , where the number of real SOLs Yr ≈ 184 sol , and the number of virtual SOLs Yv ≈ 714 sol .
During the migration process, the deleveraging of AI needs to migrate the MEME of AI holding X_ai ≈ 590,000,000 to the black hole address ①, and the price increase of 10% needs to migrate the MEME of Xf with a quantity of Xd ≈ 36,000,000 to the black hole address ②.
Since the CLMM mode has a higher fund utilization efficiency , the launch fee is about F = 1 sol (including Raydium fee 0.25, black hole address migration 0.15, platform fee 0 sol, dev reward 0.5 sol, etc.).
After completing the migration:
Black hole address token ≈ 627,000,000, accounting for 62.7% of the total 1 billion .
Circulating token ≈ 373,000,000 , accounting for 37.3% of the total 1 billion .
Tokens in the raydium pool ≈ 8,500,000, accounting for 2.2% of the circulating tokens .
Pool sol ≈ 183 sol.
Comparison of Pumpup and PumpFun's pool funds under different market values (excluding transaction fees).
3.3 Launch boundary ( quick launch mode)
AMM:
Initial boundary conditions:
Minted MEME quantity Xs = 1,000,000,000, initial virtual SOL quantity Yv = 40 (Pump.fun is 30) .
Internal progress interval:
3X leverage range: pool token909,000,000 ~ 218,000,000, pool sol4~ 50;
5X leverage range: pool token218,000,000 ~ 179,000,000, pool sol50~ 58;
7X leverage range: pool token179,000,000 ~ 141,421,356, pool sol58~ 67;
Launch migration:
When the evolution pool emits in AMM mode and migrates from the inner disk to the outer disk, the number of tokens in the pool is Xf = 141,421,356 , and the total SOL number is Yf ≈ 283 sol , where the real SOL number Yr ≈ 67 sol and the virtual SOL number Yv ≈ 216 sol .
During the migration process, the deleveraging of AI needs to migrate the MEME of AI holding X_ai ≈ 524,000,000 to the black hole address ①, and the price increase of 10% needs to migrate the MEME of Xf with a quantity of Xd ≈ 113,000,000 to the black hole address ②.
The launch fee is F = 4.5 sol (including Raydium/Openbook fee 3.84, black hole address migration 0.15, platform fee 0 sol, dev reward 0.5 sol, etc.).
After completing the migration:
Black hole address token ≈ 637,000,000, accounting for 63.7% of the total 1 billion .
Circulating token ≈ 363,000,000 , accounting for 36.3% of the total 1 billion .
The token in the raydium pool ≈ 28,300,000, accounting for 7.8% of the circulating tokens .
Pool sol ≈ 63 sol.
Comparison of Pumpup and PumpFun's pool funds under different market values (excluding transaction fees).
Internal disk progress interval
3X leverage range: pool token909,000,000 ~ 218,000,000, pool sol4~ 50;
5X leverage range: pool token218,000,000 ~ 179,000,000, pool sol50~ 58;
7X leverage range: pool token179,000,000 ~ 141,421,356, pool sol58~ 67;
CLMM:
Initial boundary conditions:
Minted MEME quantity Xs = 1,000,000,000, initial virtual SOL quantity Yv = 40 (Pump.fun is 30) .
Internal progress interval:
3X leverage range: pool token909,000,000 ~ 218,000,000, pool sol4~ 50;
5X leverage range: pool token218,000,000 ~ 179,000,000, pool sol50~ 58;
7X leverage range: pool token179,000,000 ~ 141,421,356, pool sol58~ 67;
Launch migration:
In CLMM mode , when migrating from the inner disk to the outer disk, the number of tokens in the pool is Xf = 141,421,356 , and the total SOL number is Yf ≈ 283 sol , where the real SOL number Yr ≈ 67 sol , and the virtual SOL number Yv ≈ 216 sol .
During the migration process, the deleveraging of AI needs to migrate the MEME of AI holding X_ai ≈ 524,000,000 to the black hole address ①, and the price increase of 10% needs to migrate the MEME of Xf with a quantity of Xd ≈ 108,000,000 to the black hole address ②.
Since the CLMM mode has a higher fund utilization efficiency , the launch fee is about F = 1 sol (including Raydium fee 0.25, black hole address migration 0.15, platform fee 0 sol, dev reward 0.5 sol, etc.).
After completing the migration:
Black hole address token ≈ 632,000,000, accounting for 63.2% of the total 1 billion .
Circulating token ≈ 368,000,000 , accounting for 36.8% of the total 1 billion .
The token in the raydium pool ≈ 33,200,000, accounting for 9.0% of the circulating tokens .
Pool sol ≈ 66 sol.
Comparison of Pumpup and PumpFun's pool funds under different market values (excluding transaction fees).
3.4 The 11111111111111111111111111111111 Black Hole Address
In Solana, if the owner of an SPL Token Account is set to 11111111111111111111111111111111 (also known as System Program), then this account is equivalent to being "locked" into a black hole and can no longer be operated by any ordinary signer. The reasons are as follows:
System Program itself does not have the function of managing SPL Tokens In the Solana design, the 11111111111111111111111111111111 (System Program) can only perform the most basic system-level operations and does not include processing logic for SPL Tokens. The operation of SPL Token Account requires a valid signer to call the SPL Token Program ( Tokenkeg... ) in order to perform actions such as transfer, destruction, freezing, or thawing.
System Program is not an address that can be signed The System Program address is not an ordinary key pair or contract address, and it cannot "replace" the normal signer. For SPL Tokens, only the signature of the account owner (or the contract address that satisfies multiple signatures) can authorize various Token instructions. Once the owner is changed to System Program, this "address" can no longer be used to sign and send to the Token Program.
Unable to regain control Once changed to this address, the holder can no longer change the owner of the account back to their own or other available signature address. This is because changing the owner of the SPL Token Account also requires the original owner's signature, and the System Program cannot sign such instructions. Therefore, the account is permanently locked.
Therefore, after the owner of the SPL Token Account becomes 11111111111111111111111111111111 , all the tokens in this account are equivalent to entering a black hole, and no one can operate these tokens anymore .
3.5 The Raydium CLMM and AMM
3.5.1 What is CLMM?
CLMM (Concentrated Liquidity Market Maker) is a new liquidity provision mechanism launched by Raydium. It allows liquidity providers (LPs) to concentrate liquidity in specific price ranges rather than evenly distribute it across all price ranges, thereby improving capital utilization and reducing slippage.
3.5.2 Comparison of AMM and CLMM formulas
3.5.2.1 AMM Core Formulas
Core formula: (X ± ΔX) * (Y ± ΔY) = Xt * Yt
Define the number of tokens at time t as Xt and the number of WSOL (equivalent to SOL) as Yt.
Buy token scenario, pre-calculation formula (ignoring account opening rent):
Enter the purchase SOL quantity Ya and set the slippage to S%.
The actual amount of SOL deducted ΔY = Ya,
LP charges [fee _SOL] as Fs = ΔY * 0.25% (rounded up),
Estimated minimum number of tokens to be obtained ΔXmin = (Xt-Xt * Yt/(Yt + Ya-Fs)) * (1-S%) (rounded down),
The actual number of tokens obtained ΔX shall prevail based on the transaction result. If there is no queue-cutting transaction, ΔX = (Xt - Xt * Yt/(Yt + Ya-Fs)) (rounded down).
Enter the number of purchased tokens Xa and set the slippage to S%.
The actual number of tokens obtained ΔX = Xa,
Expected to deduct the maximum amount of SOL ΔYmax = (Xt * Yt/(Xt-Xa) -Yt) * (1 + S%) (rounded up),
The actual deduction of SOL quantity ΔX transaction result shall prevail.
Raydium's SDK does not calculate the Fee with this ΔtIn method. It is speculated that the contract calculates based on the actual deduction of SOL.
When there is no queue-cutting trade, ΔY = (Xt * Yt/(Xt-Xa) -Yt)/(1-0.25%) (rounded up),
LP charges [SOL transaction fee] as Fs = ΔY * 0.25% (rounded up).
Sell token scenario, pre-calculation formula:
Enter the number of tokens sold Xa and set the slippage to S%.
The actual number of deducted tokens ΔX = Xa,
LP charges [transaction fee-token] as Ft = ΔX * 0.25% (rounded up),
Estimated minimum amount of SOL, ΔYmin = (Yt-Xt * Yt/(Xt + Xa-Ft)) * (1-S%) (rounded down)
The actual amount of SOL obtained shall prevail as the result of ΔY transaction. If there is no queue-cutting transaction, ΔY = (Yt-Xt * Yt/(Xt + Xa-Ft)) (rounded down).
3.5.2.2 CLMM Core Formulas
Core formula: (Xr + Xv) * (Yr + Yv) = L ^ 2
Among them
Xv=L / SQRT(P_upper)
Yv=L * SQRT(P_lower)
Computational liquidity
(P_lower < P < P_upper)
L=Xr * (SQRT(P) * SQRT(P_upper)) / (SQRT(P_upper) - SQRT(P))
L=Yr / (SQRT(P) - SQRT(P_lower))
(P > P_upper)
L=Yr/ (SQRT(P_upper - P_lower))
(P < P_lower)
L=Xr* (SQRT(P_upper) * SQRT(P_lower)) / (SQRT(P_upper) - SQRT(P_lower))
AMM Pool Trading Formula:
CLMM pool trading formula: