- What is it
- How does it work
- Why is it better
- How to start
A New Way To
Launch Tokens
Fully customizable tokens that are always backed by real value and maintain composability.
Each token is a Bijective ERC20, with its supply directly tied to the backing value.
Tokens that are always backed by real value in the system
Adaptive Pricing
The protocol employs a dynamic pricing mechanism. As more tokens are minted, the price adjusts to ensure optimal capital efficiency.
Users can buy and sell tokens directly through the protocol
Self-Liquidity
Unlike traditional DeFi protocols, PRGRM doesn't use separate liquidity pools. The entire token supply acts as its own liquidity, eliminating idle capital.
Key Innovations of PRGRM
Unowned Liquidity Model
Native protocol liquidity eliminates impermanent loss and aligns incentives.
Programmable AMM (pAMM)
Dynamic bonding curve adapts to market conditions automatically.
Extensible Token Standard
Enhanced pERC20 with customizable behaviors, maintaining DeFi compatibility.
Non-Extractive Fee Model
Trading fees distributed to all token holders, ensuring sustainability.