🧺BerrySwap

BerrySwap is a Telegram-based, non-custodial token swap bot that simplifies token trading by offering gasless transactions powered by Agent Workflows and Account Abstraction, allowing users to act upon sentiment and other analyses from the StrawberryAI Suite.

It is designed to grow with multi-chain capabilities, enabling greater utility while maintaining a sustainable revenue model that benefits $BERRY stakers and operations through its fee structure.

Key Features

Gasless Swaps via Paymaster: BerrySwap uses the ERC-4337 standard to offer gasless swaps by sponsoring users’ gas fees. Through Paymaster, BerrySwap pays the gas on behalf of the user:

  • When a user initiates a swap (e.g., 1000 USDC for $BERRY), the Paymaster covers gas costs (e.g., $5-10), relieving the user of the need for ETH in their wallet.

  • A 1% fee is applied to all transactions. From this fee, a portion helps cover gas costs, and the remaining portion is retained as profit for the platform (see Revenue Model below).

  • Fallback Mode: If the gas fees exceed the profit from a swap, the Paymaster stops sponsoring, and the user must pay for gas, but BerrySwap still takes its 1% fee. But is otherwise reverted.

Non-Custodial Security: BerrySwap operates without any centralized custody, meaning it doesn't store private keys. Instead, user authentication is securely managed on-device using Telegram’s API, similar to systems like Privy_io. This ensures that users maintain full control over their assets throughout the swap process.

Multi-Chain Support: Launching initially for Ethereum and ERC-20 tokens, future iterations will be multi-chain, allowing for token swaps across various EVM-compatible blockchains, adding to the platform's flexibility.

Revenue Model:

  • BerrySwap charges a 1% fee on all transactions, distributed as follows:

    • 40% to $BERRY stakers (coming soon)

    • 30% is allocated for $BERRY token buybacks.

    • 30% is reinvested into StrawberryAI for platform development, infrastructure, and hiring.

Last updated