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Create V2 Pool for HBAR/PLEX 1.00%
Author(s): SaucerSwap Labs Team
Submission Date: 11 JUN 2026
Summary
We propose the creation of a V2 HBAR/PLEX pool with a 1.00% fee tier on SaucerSwap. The purpose of this pool is to create an additional public venue for HBAR/PLEX trading and price discovery around the LambdaPlex token airdrop. As with any SaucerSwap pool, LPs may provide liquidity and earn a share of swap fees.
This proposal requests only the creation of the V2 HBAR/PLEX pool. It does not request LARI rewards or DAO treasury incentives, and it should not be read as an endorsement of, or partnership between, SaucerSwap and LambdaPlex.
LambdaPlex is a Hedera-based protocol, and the $PLEX token has been announced for distribution via airdrop to eligible wallets.
Pool Parameters
• Pair: HBAR / PLEX
• Protocol: SaucerSwap V2 (concentrated liquidity)
• Fee Tier: 1.00%
• Protocol Fee Parameter: feeProtocol = 6, meaning 1/6 of swap fees (≈16.7%) is directed to the protocol fee switch and 5/6 (≈83.3%) to liquidity providers.
Abstract
LambdaPlex is a Hedera-based protocol. As part of its launch, LambdaPlex has announced plans to airdrop $PLEX to eligible wallets. Creating a dedicated HBAR/PLEX pool provides an additional public venue where holders may trade the token on SaucerSwap’s existing infrastructure.
The proposed V2 HBAR/PLEX pool uses SaucerSwap V2’s concentrated liquidity, which allows LPs that choose to participate to concentrate capital within targeted price ranges. This can support more capital-efficient liquidity and price discovery for the pair.
Motivation
The motivation for this pool is to create an additional public venue for HBAR/PLEX trading and price discovery.
SaucerSwap V2’s concentrated liquidity is well-suited to a newly listed pair: LPs that choose to provide liquidity may allocate capital within targeted price ranges, which can support more efficient markets and price discovery. Participation is voluntary and depends on individual LPs and market conditions.
SaucerSwap Labs may support initial liquidity in the HBAR/PLEX pool, subject to operational and risk review. Any such support would be discretionary; no specific amount, range, or duration is committed in this proposal, and ongoing liquidity depends on broader LP participation and market conditions.
Benefits (Pros)
• Additional Trading Venue: Creates a public, non-custodial venue for HBAR/PLEX trading and price discovery on SaucerSwap.
• Fee Generation: Generates swap fees for the protocol fee switch and for liquidity providers.
• LP Opportunities: LPs may provide liquidity and earn a share of swap fees.
• Ecosystem Growth: Adds a new pair to SaucerSwap, broadening activity across Hedera DeFi.
Downside (Cons)
• Smart contract risk inherent to any on-chain pool.
• Liquidity depth, price, and the ability to trade at a given size are not guaranteed; they depend on ongoing LP participation and market conditions.
• Airdrop-driven sell pressure may weigh on price if recipients exit quickly into early liquidity.
• Management overhead, and liquidity may remain thin without sufficient voluntary LP participation.
Voting
• For: Create the V2 HBAR/PLEX pool with a 1.00% fee.
• Against: Request revisions for further refinement.