<aside> 💡 This documentation is a component-wise explanation of the Move Contract

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Overview

The Aalps Protocol model operates on a three-tiered system, each tier granting members access to increasingly valuable and time-sensitive information.

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  1. Chat owners initialize their Icebreaker and Snowball rooms and initiate auctions at any time.
  2. The entry level IcebreakerRoom charges a flat fee, providing an accessible way for members to gauge the potential value of higher-tier memberships and assess the quality of provided information.
  3. The second tiered SnowballRoom operates on a deterministic bonding curve, allowing market forces to determine its value and rewarding early adopters.
  4. At the highest tier, the Auctions offer exceptionally rare and highly impactful market data. The auctions use gradual dutch auctions, where prices decrease over time, rewarding early adopters with the greatest advantages while still allowing late adopters to benefit.
  5. Chat owners can stake and provide liquidity to different protocols, enhancing their potential rewards and those of their chat members.

Contract Breakdown

Core Protocol

AlphaClearingHouse

IcebreakerRoom

SnowballRoom

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