rDPX/ETH Permissioned AMM
The v2 AMM is a 50:50 constant sum market maker with two unique features:
As a permissioned AMM, the v2 AMM only accepts liquidity from the rDPX v2 Treasury. Since the treasury is the only liquidity provider, all swaps involving $rDPX will accrue transaction fees to the treasury.
Swaps of $rDPX for $ETH via the v2 AMM incur a 5% sales fee paid in $ETH paid to the treasury.
The intention is to encourage bonding rather than swapping of $rDPX to further grow $dpxETH circulating supply. Additionally, if holders do decide to sell, the fees act to further grow the treasury.