What is the Genesis LP, and how should it be understood?
The Genesis LP refers to the AS/USDT liquidity pair injected by the contract after users subscribe to AS using stablecoins (e.g., USDT) during the COC launch phase. Its key feature is 100% black hole destruction and permanent lock-up, making it non-withdrawable and non-transferable. It signifies that initial liquidity forever belongs to the protocol, with an unshakable price anchor. The protocol no longer relies on user-added liquidity nor faces the risk of liquidity withdrawal leading to currency price collapse. Consensus participants become the guardians of the price, rather than bystanders.
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