RichSwap has launched a live donation mechanism that channels protocol fees directly into the liquidity pool of $RICH, a Rune-based Bitcoin token designed with a built-in feedback loop. This marks what the developers claim is the first time a Rune token has captured trading fees on Bitcoin and redirected them to support its own liquidity.
The protocol applies a 0.2% fee on swaps, and once any given pool accumulates more than 10,000 sats in fees, a claim button becomes active. Anyone can initiate the claim, which routes the funds to the HOPE•YOU•GET•RICH liquidity pool. The idea is to deepen liquidity, improve yields for liquidity providers and create upward pressure on $RICH without issuing more tokens.
The mechanism is pitched as self-reinforcing: as swap volume grows, fees grow, and with each donation, the pool gets larger and more attractive to liquidity providers. This design intends to offer users yield generation tied to actual usage rather than speculative staking rewards.
Backers of the project are positioning $RICH as a utility token within Bitcoin’s emerging DeFi scene. The project leans into a community-first approach, with an open process for anyone to trigger donations once thresholds are met. By making the donation mechanism public and non-custodial, RichSwap aims to avoid centralisation concerns.
While still early, this is being closely watched by those interested in token economics on Bitcoin’s infrastructure, particularly within the experimental Rune protocol space. Whether this approach gains traction with users remains to be seen, but it has introduced a real-time method for token value capture that is now live and functioning.
The RichSwap team has framed it simply: “HOPE•YOU•GET•RICH” — but whether the model is sustainable will depend on continued usage and liquidity support.
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