How OMME works.

What this protocol is

Commodity coins. 16 synthetic coins pegged to real-world reference prices (GLD references one troy ounce of gold). Public Pancake V3 pools trade these coins against USDT in narrow ranges around a reference price. Actual execution includes the pool fee and depends on available depth.

Single-sided launch. A new commodity pool starts with protocol-minted coin inventory and no initial USDT contribution. Purchases build its USDT reserve. The keeper then places that reserve on the buy side and replenishes the sell-side inventory. Compatible external routers can trade the same pool. Unsold protocol inventory is excluded from circulating supply.

Launchpad. A meme-token bonding curve priced in commodity coins, opening at a $5,000 market cap and graduating into a permanent PancakeSwap V3 pool at a target $35,000 cap.

BNB payments. Where enabled, buy meme tokens with BNB and receive BNB when selling, both on the curve and after graduation. Your payment is converted through USDT and the paired commodity coin within one transaction. The pool stays paired with that commodity, and commodity coins are still bought and redeemed with USDT.

Distribution. 50% of market fees is allocated to dividends, 30% is held in the treasury for future buyback, 10% goes to the platform treasury, 10% to the market creator.

Where prices come from

A keeper service checks delayed reference prices from Yahoo Finance / Barchart every 60 seconds, with two-source cross validation (writes are skipped when sources diverge by more than 1%). If a feed has not been updated for 1 hour, OMME commodity and curve trading halt automatically. The keeper removes the protocol's commodity liquidity on its next maintenance run. Public V3 pools do not read our feed: other liquidity can still trade, and if the keeper is offline, removal does not happen automatically. Source observations older than 30 minutes are rejected, including market closures. On-chain update time is not the original observation time. Every trade shows the current feed price and its age before you confirm — always check them.

BNB trades also need a fresh commodity price and an active commodity exchange. Selling for BNB requires enough USDT reserves. These conditions still apply after graduation; direct trades on the external commodity/meme pool remain independent.

Risks to understand

1. This is an algorithmic synthetic asset, not real gold. Commodity coins have no physical reserves and cannot be redeemed for metal. The "peg" depends on an honest keeper, correct data sources, and reserve levels. Do not treat them as "digital gold".
2. Reserve exhaustion risk. Sells are paid from a USDT reserve formed by historical net buys. In an extreme one-way market the sell-side reserve can run dry (the protocol rejects orders it cannot fill completely). Price increases do not create additional USDT. The UI shows a red warning when the reserve/market-cap ratio drops below 30%.
3. Meme tokens are speculative. Launchpad tokens have no intrinsic value guarantee; curve prices only reflect supply and demand. They can go to zero.
4. Creator risk. Market creators earn 10% of trading fees. Creators reserve no supply and launching is free, but nothing stops anyone from launching tokens on any theme — do your own research.
5. Contracts are immutable and unaudited. Deployed code cannot be changed (which prevents silent code changes), but it also means deployed bugs require migration to new contracts. Automated checks and local fork tests are included in the repository; they do not establish economic solvency. This project has not been audited by a third party. Assess the risk yourself.
6. Regulatory note. Synthetic tokens tracking commodity futures prices may be treated as commodity derivatives in some jurisdictions. Follow your local laws.

How fees are split

Curve trades charge 1%. The new commodity pools use the V3 0.05% fee tier; graduated Meme pools use the separate V3 1% tier. Market fees paid in the commodity coin are split as follows:

• 50% → a dividend pool. Settlement requires at least 15 minutes and $100 of pending fees. The share attributable to Launchpad and designated pool balances is sent to an inaccessible address; the remainder accrues to holders and must be claimed.
• 30% → buyback & burn (held in treasury until the platform token launches)
• 10% → platform treasury
• 10% → market creator, paid in real time

A BNB trade also pays the commodity conversion fee and the BNB/USDT exchange fee. The BNB quote includes those fees; the network fee is additional. The form shows a maximum payment or minimum receipt with 0.5% slippage protection. Unused BNB is refunded in the purchase transaction.

Commodity pool fees belonging to OMME's positions stay in that commodity's reserve after Pancake's protocol share; they are not routed to the Meme fee splitter. Legacy direct-exchange deployments retain their configured fees and treasury routing. V3 meme-token fees go to the treasury; only commodity-side fees use the splitter. V3 revenue is distributed when fees are collected. Dividends use balances at settlement, so timing purchases around settlement can affect who receives them. Sending coins to the inaccessible address does not reduce ERC20 totalSupply.

Governance

Contracts are immutable. Emergency brakes (per-market or global pause) are directly available to ADMIN; verify its deployed address and ownership rather than assuming a multisig. Fee and buyback-receiver changes go through a 48-hour timelock. The price writer controls the reference feed; a compromised writer can cause losses beyond its gas balance. Pauses do not stop external V3 pools. Post-graduation LP is held by the Launchpad with no withdrawal path; verify the LP NFT ownership on-chain at any time.