[A quick 🧵of @gavelxyz and $IBRL] $IBRL, a token topped at $60M FDV after its launch on @gavelxyz in a few hours, means “Increase bandwidth reduce latency”. @gavelxyz by @jarxiao & @0xShitTrader is the first sandwich-resistant AMM on @Solana, endeavouring to ensure fairer token launch on-chain. It’s built on the basis of research by @ellipsis_labs and @paradigm conducted last year on stopping sandwich attacks at the application layer. In short, it uses slot windows (e.g., 4 slots on @Solana) where buys push the price up as usual, but sells reduce a separate bid buffer instead of lowering the price. This breaks attackers' ability to profit from frontrun-backrun bundles in the same slot. Prices reset each slot, so it stays fair over time. It slightly raises trading fees but greatly improves protection for users, especially in volatile or low-liquidity pools — all without needing trusted infra or private mempools. For $IBRL, the presale totally raised 30747 $SOL (~$5.2M USD) from 2480 wallets. ~13000 $SOL (~3/7 of $SOL raised) are used to provide liquidity in the AMM pool. It has 2 important sources of buying pressure that can support the price after TGE: 1. Automated Buyback and Burn: with ~17570 $SOL (~3/7 of $SOL raised) held in the treasury for automated buyback and burn operation during a 45-day period, this helps avoid the liquidity crunch and the ensuing price slumping. For the first 7 days, every 6.5 minutes, 0.01% of the treasury’s $SOL balance will be used to buy $IBRL tokens on the open market, which are then burned (hence permanently removed from circulation), reducing the total supply over time. This $2.9M in treasury provides a strong backstop for $IBRL's buying pressure. 2. Liquidity Decay: after 7 days, $IBRL liquidity in the AMM pool will decay: 0.01% of the pool will be withdrawn for every 13 minutes, with withdrawn $IBRL tokens burned and $SOL returned to the treasury. This decay mechanism further reduces circulating supply and could amplify price pressure if demand remains steady.