Post-launch recap and the future of Absorber Protocol

Opening words

Wow. This has been a wild ride. So much so that it is breathtakingly difficult to explain just what kind of history we have achieved here. As some say, “few know, even fewer understand.”

What an audience! Is this what “decentralized” looks like?

What we are — a quick and easy summary

Whether you’re a newcomer to cryptocurrencies, DeFi (decentralized finance), or our project itself, we want you to know that we’re different. The first thing that makes us different is that our token does something that many other tokens do not: we ensure that there’s liquidity in the pool, there’s a burn, and there are passive yield farming rewards. Let’s break it all down.

  • Passive staking rewards. You’re in control of your tokens. Distribution is directly to your wallet. No need to pay any gas to claim anything.
  • Continual liquidity harvesting. Every buy, sell, and transfer is harvested by the contract to provide liquidity for all holders of the token.
  • Completely decentralized. At the core, no one entity controls the protocol. Anyone can build on it; anyone can integrate it.
You don’t understand the code above? We’ll explain it all then!

If you’re a buyer and a holder, here’s how it works:

  1. You buy $100 worth of $ABS.
  2. If the harvesting fees are 4% to liquidity and 4% to yield farming, you will receive 92 $ABS from the purchase with a little bonus (explained below).
  3. First part: two (2) tokens are swapped for Ethereum and two (2) are kept as tokens (a pre-requisite for generating an LP token). (Note: this swap causes a part of the tokens to also go to a burn address.)
  4. Second part: what’s left of the above is then added to the lifetime (permanent) liquidity pool.
  5. Third part: after the contract receives an LP token, the remaining 4 tokens are distributed between all holders. This is why you get a bonus even on sells, and this is a weight-based mechanic (simply put, the larger the wallet in relation to the supply, the more reward is assigned to it).
Gas pump
Gas in the middle of nowhere and hundreds of transactions lined up? How much could it possibly cost?


Gas on the Ethereum network is a way to crunch numbers. The more code is being processed, the more energy it requires. Gwei, on the other hand, is a form of supply and demand. When you have higher demands on both sides (transaction flood on the network + complex code), you get higher gas prices. This is absolutely out of the control of the protocol and is inherently a problem of the Ethereum network. Ethereum 2.0 should alleviate these issues in the near future.


Slippage is the concept of how many tokens you’re willing to take in return for a trade. On sells, the slippage must be greater than the fees + price movement in the given time from when the order is made. For example, if the harvesting liquidity fee is 2% and yield farming rewards are at 2%, your slippage must be no less than 5%. Assuming the price doesn’t move at all, you should be able to settle the transaction. Otherwise, please increase your slippage. Buys, however, are not affected by this (you can buy even with no slippage!).

Our numbers are worthy of a trophy. This trophy is above. Isn’t it nice?

The launch that made history

The success you brought to yourself and the community. You. That’s right — don’t be shy. You, the reader, who bought this token. You did buy, didn’t you? Oh, you thought it was going to be a rug or a scam? No, sorry to disappoint because we’re better than that! Below you’ll find some amazing stats/facts so that you can feel proud and pat yourself on the back. Let’s dig in!

  • Absorber launched on 2020/12/08 on Uniswap
  • Several million dollars in volume was created by early investors/traders
  • There are currently over 1300 holders of $ABS and growing daily
  • Equally so, our Telegram channel has over 1500 members and growing
  • 152,900+ $ABS have been locked in the Liquidity Pool forever
  • 31,700+ $ABS have been absorbed (burned forever) in an active wallet
  • Currently maximum circulation of $ABS is ~500,000
  • You can now buy $ABS directly through your bank (listed on Dharma)
  • We were listed in record time on these coin & token aggregates: Coingeko, Dextools, CoinMarketCap (applied for), and Etherscan.


A compass
Don’t know where you’re going? There’s a compass for that!

The future, condensed.

We know that DeFi runs so fast that there are skipped heartbeats and that everyone wants the answer to the question of “what’s next?” Luckily, we do have do have answer: lots of stuff!

Q4 2020

  • Community voting on proposals
  • Developer onboarding
  • Planning of website, dashboard, and DAO
  • A series of partnership and AMAs for marketing and development
  • New members to expand and grow the team of community of current leaders

Q1 2021

  • Completion of website, dashboard, and DAO
  • Key burning — the project goes into full “decentralized” mode
  • Vaults: Staking Pools
  • Burns

Q2 2021

  • TBD based on community feedback

Q3 2021

  • TBD based on community feedback