To ensure stable trading and healthy price discovery, MYSIS Token utilizes a decentralized liquidity pool via PancakeSwap V2 on the BNB Smart Chain. Below is a detailed explanation of how the liquidity system works and how LP (Liquidity Provider) tokens and locked assets are managed.
1. Liquidity Pool Creation
MYSIS was paired with BNB to create a trading pair on PancakeSwap. This pair is managed through an automated market maker (AMM) contract known as the Pair Address:
Function: This is not a wallet. It is the contract address of the AMM which manages the trading logic (x * y = k formula).
Token Reserve Location: Tokens are stored within this contract but are not retrievable like wallet tokens.
2. Liquidity Provider (LP) Tokens
When MYSIS and BNB were supplied to the liquidity pool, LP tokens were minted as a representation of the share in the pool. These LP tokens are owned by the project wallet and were partially locked to ensure stability:
Upon unlocking, the LP tokens will be returned only to the owner wallet 0xE7A1..., not to the pair contract. This ensures full control remains with the project team.
4. Circulating Supply Implications
Only the unlocked portion of LP tokens is included in the circulating supply:
Circulating MYSIS from liquidity: ~599,900,000 MYSIS
Locked MYSIS (LP): Excluded until unlock date
After unlock, tokens returned to the owner wallet may be re-added to the pool, burned, or allocated for future utility, as per project discretion.
Summary
LP tokens are tied to the owner’s wallet, not the AMM pair contract
Locked tokens are excluded from circulating supply
Unlocks are publicly verifiable via Pinksale
Upon unlock, liquidity can be controlled responsibly by the team to protect market health