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Obsidian Royalty Programme

To support the long-term growth of $BONE, we decided to seed our initial liquidity on Obsidian Finance in order to qualify for their Royalty Programme. This strategic decision allows the token to grow more sustainably by reducing sell pressure, strengthening liquidity incentives, and reinforcing our partnership with Obsidian.

By leveraging Obsidian’s royalty structure, $BONE benefits from a more efficient fee model that rewards liquidity providers and the protocol itself—rather than extracting value from traders.

Qualification Requirements

To qualify for the Obsidian Royalty Programme, the following conditions must be met:

  • Provide at least $10,000+ in LP on the Obsidian DEX

  • Lock or burn the LP tokens using Obsidian’s official LP lock tool

Royalty Programme Benefits

1. LP Fee Structure (Reduced Sell Pressure)

There is always a 0.3% LP fee when buying or selling $BONE across all DEXs. The key difference is how that fee is distributed:

  • Most competitors:

    • 0.2% returned to LPs

    • 0.1% kept by the DEX

  • Obsidian Finance:

    • 0.0% kept by the DEX

    • 100% of the 0.3% LP fee is returned to liquidity providers

This results in ~33% less sell pressure instantly, making $BONE significantly more resilient during market downturns.

2. Revenue Sharing on Buy Fees

All DEXs apply a swap fee when buying tokens, typically ranging from 0.3% to 0.5%. Obsidian’s seeded-token model introduces a powerful revenue split:

  • 0.4% swap fee when buying $BONE

  • 100% of buy fees are sent directly to the royalties contract

Once fees are claimed:

  • 50% is swapped to $OBS and burned

  • 50% is retained as $BONE and sent to the treasury wallet (Not Sold)

This creates constant buy pressure while simultaneously reducing circulating supply.

Overview: Why Obsidian Is Bullish for $BONE

Seeding liquidity on Obsidian is a major advantage for $BONE because:

  • LP fees generate zero sell pressure

  • Buy fees are recycled back into the ecosystem

  • Treasury growth directly backs CroHounds

  • Treasury $BONE can only be sold when burning an NFT

As a result, the effective buy fee is only 0.2%, since the remaining 0.2% is retained internally, making $BONE one of the lowest-fee tokens on the market.

This structure allows us to:

  • Hold strong during bear markets

  • Sustain long-term liquidity

  • Align incentives between holders, LPs, and NFT utility

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