. swapping $CULT on @ZAMM_DEFI implements a tax hook that donates to @rstormsf defense and market buys miladys from @NFTX_ vault on sushiswap
I think DeFi hooks that integrate with broader social are an interesting direction. Rather than launching new coins to support these things, I think having a seamless way to tie exiting communities, and coins to these causes can help avoid retail getting rekt, attract more value.
Privacy is fundamental, let's swap: LPs can also farm for rewards.
Here is the code, and how it works: You can also send ETH directly to zlady.eth, and it will swap for miladys and donate half to tornado defense The zAMM hook adds the extra layer of CULT swap/
Things are reasonably gas efficient. The fee for $CULT swaps on zAMM are 0.3% to LPs, 0.2% tax (0.1% to @rstormsf , 0.1% to miladys' white heart). It is better rate for swappers than the popular 1% univ3 pool. And for LPs, you can get zAMM staking rewards on top of the 0.3% swaps
tx:
@rstormsf I should also clarify the effective tax is 0.1%, since you get the 0.1% swap for MILADY tokens back, too
Hook can be configured, open to thoughts. Seems obvious IMO that since $CULT @MiladyCult airdropped on @miladymaker NFT, $CULT AMM pool can return value to MILADY and benefit. More swap fees to MILADY? Less? Anyone can create their own hooked pool on zAMM to do same thing.
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