HoneyPlay AMM

Automated Market Maker for the Financial OS

Overview

The HoneyPlay AMM is the liquidity engine of the Financial OS, providing efficient token trading with support for multiple curve types (Curved, Stable, Weighted) while abstracting taxes, fees, and rewards into clean, composable swaps.

Designed for gaming-native economies, it’s the only AMM on Sui that natively supports the Token primitive. That means true tax-aware trading: per-operation taxes (buy/sell, add/remove liquidity, transfer, spend) execute inside swaps without breaking composability.

Token creators can encode deflation, protocol revenue, and creator rewards directly into market activity — every trade feeds the micro-economy.

📦 What Makes It the "AMM for Games"? Traditional AMMs like Uniswap focus on simple swaps; HoneyPlay's AMM is optimized for taxed, game-native tokens:

  • Taxed Token Support: The only AMM handling Sui's Token primitive with per-operation taxes—e.g., sell tax burns supply, buy tax funds creators—without extra steps.

  • Creator Incentives: Dynamic fees (1-3% based on market cap) paid in SUI/ggSUI, aligning builders with growth.

  • Trader Rewards: HONEY distributed via fee-weighted points, rewarding real trades over spam.

Key Highlights

🔥 Tax-Aware Design: The first AMM to handle taxed tokens natively — supporting configurable taxes across every operation: Transfers, conversions, buys/sells, liquidity add/remove, and token spending.

  • Each tax is automatically routed to burns (deflation), protocol fees (HONEY buybacks), treasury (NFT marketmaking) and creator revenue, enabling self-sustaining tokenomics at the base layer.

💰 Dynamic Fees & Creator Rewards: Fees adjust by token market cap tiers (e.g., higher for small caps to bootstrap), with creators claiming in SUI/ggSUI.

TWAPs : DegenHive pools come with built-in functionality for flash loans and cumulative price calculations, offering developers the capability to construct TWAP (Time-Weighted Average Price) oracle feeds for tokens traded on the protocol.

🔄 Interoperability Across the Financial OS: it’s deeply interlinked with every major protocol component:

  • HoneyJar — converts trading activity into HONEY rewards.

  • HoneyOracle — adjusts emission rates based on real market data.

The AMM powers sustainable economies: swaps generate fees → fees trigger taxes/rewards → HONEY incentives drive activity → higher volumes boost yields.

💸 Fees, Taxes, & Who Gets What

On each swap:

  1. Creator fee (tiered, SUI/ggSUI) → goes to the token’s creator bucket

  2. Protocol fee (fixed % of AMM fee) → 50% Treasury / 50% HONEY buyback.

  3. LP fee (remainder) → stays in the pool for LPs.

  4. Token taxes (if enabled) → split across burn / protocol (Honey tax) / creator / Treasury (NFTs market-making) per that token’s config.

🍯 How Incentives Work

HoneyPlay’s AMM incentives reward traders as following -

  • Traders earn HONEY based on SUI/ggSUI fees they actually pay when swapping.

  • Points accrue 1:1 with fees during an active cycle.

  • Weekly (7-epoch) cycles allocate a HONEY budget across pools proportional to each pool’s fee volume; traders then claim from each pool proportional to their fee share.

Quick math

  • Pool share: pool_fee_points / total_fee_points × cycle_HONEY

  • Trader share (per pool): trader_fee_points / pool_fee_points × pool_cycle_HONEY

🏁 Incentive Cycle: Start → Aggregate → Allocate → Claim

  • Cycle length: 7 epochs (~weekly).

  • Start: Keeper claims cycle HONEY from Manager (Oracle-governed rate) and pauses point accrual.

  • Aggregate: Each pool adds its fee points to the global total.

  • Allocate: Pool gets pool_points / global_points × cycle_HONEY; then points reset.

  • Claim: Traders claim per pool. Users must clear their previous cycle before earning new points

Why this matters:

  • Rewards are fee-weighted, not raw volume.

  • Pools with real flow get more emissions.

  • Traders who actually pay fees (tight slippage, realistic sizes) get equivalent HONEY.

In Essence

The HoneyPlay AMM turns liquidity into a living system — where every swap supports creators, funds the treasury, rewards users, and strengthens HONEY itself. It’s not just an exchange; it’s the economic circulatory system of the Financial OS — balancing incentives, stabilizing emissions, and fueling growth through constant motion.

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