USDT / MMBSC

Sets the swap fee itself and changes it over time (for example a high fee at launch that comes down). Can take a cut of every trade, on top of the normal pool fee.

1. When a pool is created, it only allows pools that meet its rules (for example created by its own launcher).
2. When someone adds liquidity, it blocks trading until a start time.
3. Before each swap, it sets the swap fee, takes a cut of the trade and burns tokens and records it.
4. After each swap, it takes a cut of the trade.

Who controls it: No admin functions: nobody can change its rules after deployment.

Based on the hook’s published code.

Reading what this hook has recorded on-chain…

Counted from what the hook recorded on-chain in this pool, for every action in its published code.