Behodler

Behodler is a deflationary protocol centered on an efficient, low gas, single-sided AMM with a universal liquidity token powered by MEV capturing tokenomics. While offering lower impermanent loss than traditional AMMs, Behodler shines as a wholesaler of yield strategies typically found on layer 2: for half the gas of a trade on Uniswap, you can zap into and out of your favourite mainnet yield farms.

Behodler captures a portion of arbitrage profit at the moment of swap and redirects the value into a hyperdeflationary loop of wrapper tokens known as Pyrotokens. The liquidity token, Scarcity, burns on transfer, causing a growing portion of liquidity in Behodler to be non redeemable. Essentially, Behodler has a liquidity floor that grows the more Scarcity burns.

The final piece of the puzzle is algorithmic stablecoin, Flan, whose value leverages the underlying liquidity on Behodler to act as a reward token for Behodler’s upcoming community governed farming dapp, Limbo.