04 · Docs
The protocol, in writing.
Everything the site claims, stated as a specification. If it isn't true on-chain, it isn't true.
What Bantyx is
Bantyx is a token launchpad on Arc, Circle's L1 for stablecoin finance. Every token launched here ships with a resident engine: a treasury that taxes every trade 4%, uses the proceeds to buy dips with USDC, and permanently burns what it buys.
Arc's native gas token is USDC, so every number on this site — prices, market caps, thresholds, treasury balances — is denominated in USDC.
Launch
A launch mints the full fixed supply of 1,000,000,000 tokens directly onto a bonding curve. Nothing is pre-allocated: no team pocket, no launch liquidity to snipe, no presale.
The creator chooses exactly one parameter: the engine mode (×1 ×2 ×4 ×8). Everything else — the 4% tax, the burn-only treasury, the locked LP — is fixed by the protocol.
The curve
Trading is a constant-product bonding curve with a virtual quote reserve of 16.8 USDC at launch, a 1% protocol fee, and a decaying anti-snipe tax on the opening seconds. The launcher and the engine treasury are exempt from the snipe tax from block one.
At 42 USDC of real reserves the curve graduates: reserves sweep into a Uniswap v4 pool and the liquidity position lands in a locker that has no withdraw function.
The 4% dip tax
Every trade — buy or sell — pays a 4% creator tax. On Bantyx the recipient is the engine treasury, and both the rate and the recipient are frozen on-chain at launch. The creator cannot redirect it, reduce it, or touch the funds.
Fees accrue on the curve until a keeper sweeps them into the engine's claimable escrow balance.
The engine
The engine buys dips and burns what it buys. Keepers decide when to fire; the contract independently enforces each mode's cooldown, spend cap and per-run budget on-chain, so a keeper can only ever be conservative.
Burned tokens are sent to 0x…dEaD. Total supply only ever decreases.
Chain & status
This deployment lives on Arc Testnet (chain 5042002). The flagship token is $BANX. Everything is unaudited testnet software.
Engine mode table
| Mode | Cadence | Cooldown | φ / run | Cap |
|---|---|---|---|---|
| ×1 Steady | 1h | 30m | 1% | 100% |
| ×2 Balanced | 30m | 15m | 2% | 75% |
| ×4 Aggressive — default | 15m | 8m | 4% | 50% |
| ×8 Reflex | 5m | 3m | 8% | 30% |