Trading Overview
Trade song tokens on Uniswap V4 within the AceSteps platform.
How Trading Works
When a song is tokenized:
- Pool Created - Uniswap V4 pool with SONG/ETH pair
- Initial Liquidity - 20,000 tokens (single-sided, 0 ETH)
- Price Discovery - First buyer sets initial price
- Continuous Trading - Buy/sell anytime
Trading Flow
User wants to BUY song tokens:
└── Send ETH to pool
└── Receive SONG tokens
└── Price increases
User wants to SELL song tokens:
└── Send SONG tokens to pool
└── Receive ETH
└── Price decreases
Revenue Benefits
Ad revenue adds ETH to the pool via donate():
- Token price increases
- All holders benefit
- No dilution
Fees
| Fee Type | Amount | Recipient |
|---|---|---|
| Swap Fee | 1% | LP (platform) |
| Gas | Variable | Network |