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Documentation Index

Fetch the complete documentation index at: https://docs.binibit.com/llms.txt

Use this file to discover all available pages before exploring further.

See the central economic model

Tokenomics → Ecosystem Overview shows where DEX liquidity fits into BINI / wBINI / USBI / CRS flows.

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Liquidity flows at a glance

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Becoming an LP

Standard Uniswap V3 mechanics:
  1. Acquire both pool sides (e.g., wBINI + USBI for the anchor pool, or USBI + Agent Token for a growth pool)
  2. Choose a price range (concentrated liquidity)
  3. Approve token spending to the V3 position manager
  4. Mint a position NFT — the NFT represents your LP stake
  5. Collect fees periodically via collect() on your position
  6. Remove liquidity by calling decrease() and then burn()
The position NFT is transferable — you can sell, gift, or use it as collateral in future composable systems.

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Capital sources

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USBI side

USBI for LP comes from your on-chain USBI balance, which you got by Bridge A (CRS → USBI 10,000:1 at L5+). Maximum USBI you can ever LP per account = your total entitlement = 1,000 + min(XP/10,000, 100,000). Practical implication: a Level 30 user can LP up to ~101K USBI lifetime.

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wBINI side

wBINI for LP comes from wrapping native BINI on BiniChain. To get native BINI:
  • Bridge from Ethereum (ERC-20 → native via BiniChain bridge)
  • Earn off-chain BINI in Bini App + use Bridge B (1:1, L7+)
  • Buy on Binibit Exchange / Azbit / Blynex and bridge
Once you have native BINI, wrap to wBINI via the wBINI contract or BaiDEX UI (1:1, no fee).

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Agent Token side

Agent Tokens come from:
  • Spawning your own (AgentT Launchpad)
  • Buying via swaps on BaiDEX
  • Air-drops, sales, etc. (varies per project)

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Liquidity bootstrapping

When a new Agent Token is spawned, the Spawner contract auto-creates an Agent Pool (wBINI/AT or USBI/AT depending on config). It seeds the pool with:
  • A small initial wBINI or USBI side from the spawn fee allocation, OR
  • Zero initial liquidity (LPs must seed)
The exact bootstrapping policy is set per-launch by the team. Most Agent Tokens will need user-LPs to deposit to bootstrap meaningful trading. For the anchor wBINI/USBI pool, the team seeded it at TGE using the DEX Liquidity allocation (50M BINI / 5%).

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In-range vs out-of-range liquidity

V3 LPs choose a price range. Earnings depend on whether the current price is in your range:
StateLP earns?
Price is in your rangeYes — earns 0.50% LP fee on swaps that pass through your tick
Price moves out of rangeNo — your liquidity is “asleep” until price returns
Tighter ranges = higher capital efficiency when in range, higher chance of going out. Wider ranges = lower efficiency but more reliable earnings.

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Impermanent loss

Standard concentrated-liquidity IL applies. For:
  • Stable pairs (USBI/Agent Token where the AT trades sideways) — moderate IL
  • Volatile pairs (wBINI/Agent Token, or USBI/AT during price discovery) — higher IL
LPs should size their position based on conviction and time horizon. There is no IL protection mechanism on BaiDEX.

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USBI side scaling

The USBI side of growth pools scales naturally with the user base because: 
Total USBI in ecosystem ≈ N_users × avg_entitlement_per_user
                       ≈ N_users × ~50,000 (mid-progression typical)
UsersEstimated total USBIOf which 10% in LP (typical)
50025M USBI2.5M USBI
1,00050M USBI5M USBI
10,000500M USBI50M USBI
50,0002.5B USBI250M USBI
The 10% LP assumption is heuristic. Actual deposit rate depends on user behavior.

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wBINI cap interaction

The 50M wBINI cap (5% of BINI supply) constrains how much wBINI can be LP’d across all pools combined. 
Anchor pool consumes:        ~50M wBINI worth at cap ($6M)
Premium pools consume:       remaining wBINI (any amount up to balance)
If users want to LP wBINI in a premium pool while the anchor is at cap, they need wBINI that wasn’t sourced from DEX Liquidity allocation — i.e., wrapped from organic BINI buying or staking unlocks. See wBINI Cap Rule.

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Provider rewards (beyond fees)

LPs earn just the 0.50% LP fee share on swaps. There is no additional emission of BINI to LPs from the Rewards pool by default. If a specific Agent Pool needs liquidity boostrap, the team may allocate emission to incentivize that pool — these are announced per case.

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Removing liquidity

Standard V3:
  • Decrease position to receive both sides back proportional to current price
  • Burn position NFT after fully decreasing
  • Pay BiniChain gas in BINI for the transaction

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Cross-product flow summary

StepWherePage
Earn CRSBini AppClaim & mining
Spend CRS → XPTokenomicsXP formula
XP → USBI entitlementTokenomicsUSBI formula
Bridge CRS → USBIBini App / BiniChainBridge A
Bridge BINI off → nativeBini App / BiniChainBridge B
Wrap native → wBINIBaiDEXwrap on BaiDEX UI
Provide LPBaiDEXthis page
Worker manages poolAgent HiveWorkers
Scout / Queen oversightAgent HiveHierarchy

Pools

The three pool types

wBINI Cap

Why the cap shapes pool liquidity

USBI Bridge

Where USBI comes from

BINI Bridge

Where native BINI for wrapping comes from

Agent Workers

Workers managing your pool

Agent Token Sinks

How spawn fees and trade burns affect liquidity