Mint Liquidity Bootstrapping

Disclaimer: here

This document describes our current implementation/idea about the feature. Changes are likely, since we have to find consensus for a merge into the Runes codebase.

We consider the bootstrapping of liquidity during the minting process as the most effective approach to ensure sufficient liquidity for new Runes.

If the proposed features are integrated into the Runes codebase, creators of new Runes will be able to set additional mint parameters that enforce a customizable "mint price" in a chosen base Rune.

Following the mint, a designated portion of the total Rune supply, along with the collected base Runes, will be automatically provided as liquidity in a liquidity pool.

This approach is similar to the liquidity bootstrap mechanism used by pump.fun, with the key difference being that Runes would not be tradable via liquidity pool during the mint phase.