BlueChip decentralizes creator and content subscriptions. Creators launch a token that gets paired with OSMO in their own liquidity pool. Everything is built on Osmosis-native modules: the creator token is a TokenFactory denom (not custom token contract), the liquidity pool is a native GAMM pool, and swaps route through x/poolmanager. The pool itself has two distinct phases.
Phase 1, Funding Phase: The creator launches their token and their pool is deployed. The pool registers the token’s denom (factory/{pool}/{symbol}) and becomes its denom admin. It holds exclusive minting authority, and no tokens are minted upon creation. At first, the pool only accepts one specific type of transaction, the commit. Commits can only be made in OSMO. In phase 1, when committing to a creator pool, the committer DOES NOT make a swap. They are committing to the pool’s ledger. The ledger tracks the amount of OSMO committed, priced in dollars via the chain’s own x/twap over the main OSMO/USDC pool. Once the pool reaches $25,000 in OSMO, it begins the transition into phase 2.
Crossing the $25,000 Threshold: Once the threshold is crossed, the pool mints exactly 1,200,000 o the creators tokens, and uses the committed OSMO to seed a native Osmosis GAMM pool (50/50, the standard xyk curve). After the original mint, no other creator tokens will be minted. The minted tokens go to 4 separate destinations: the new GAMM pool itself (350,000 tokens as liquidity, with the pool contract holding the LP shares), each committer pro-rata to how much they committed (500,000 total), the BlueChip protocol wallet (25,000), and the creator themselves (325,000). The GAMM pool-creation fee the chain charges at this moment is funded out of the protocol’s own 1% commit fee. This fee is not paid out by the creator. The contracts handle osmosis-1’s USDC-denominated fee by converting the retained OSMO through the pricing pool inside the same transaction.
Phase 2, the pool is no longer dormant: After the crossing, the creator token is available through the standard Osmosis GAMM pool. Wallets can freely commit, swap, and provide liquidity. LPs join and exit directly on the native pool with ordinary MsgJoinPool/MsgExitPool, so positions show up in any Osmosis-aware tooling. When committing to the pool now, the committer receives creator tokens in return, routed through x/poolmanager like any other swap.
A final note: the commit transaction sends a 5% and 1% fee to the creator and BlueChip protocol wallets respectively, and emits distinct events from a normal swap, allowing creators and others to seamlessly sync it to their front ends for specialized reasons.
Github: Bluechip23/bluechip-osmosis-contract - d04cbe0
Testnet evidence (Note threshold and other requirements were lowered due to convenience)
:
The protocol is deployed and has been exercised end-to-end on Osmosis testnet (osmo-test-5). The stored code’s on-chain hashes match the reproducible cosmwasm/optimizer 0.16.0 artifacts in the repo (byte-for-byte), verified against data_hash. Beyond the on-chain runs, the suite includes an osmosis-test-tube harness that exercises the real tokenfactory/gamm/poolmanager/twap modules — including a run that reproduces mainnet’s 20-USDC pool-creation fee exactly.
Deployed contracts
-
Factory (code 13259, sha256 d0b9f18ffb6e7030b7c3ecdc7a7860bacf2a657e2b345a6579f6380d07e46a88): osmo1res8spfde5tu0q6t2ms9pkd2xa3qckq0w3wl2uh7r2d9jd0lxfqscdhvp5
-
Router (code 13260, sha256 9bafa7d1d2e9a9eccffa04b8544a0fd3233950daa62ccfef90511d820d039fdd): osmo1l24da56yz50dg7uptr3m7y5rkwc8ua5gg6780v6ng728622h8l4qf2swh2
-
Commit pool code (factory-instantiated per creator, code 13258, sha256 c5a7af66222b52c82533b2d7c855127fd2e15e17b057f6621c03a6799feeae38)
-
Example commit pool: osmo14avr4u4zwlqxex4wzm8vszv3m4g0l9evf07qt6aweppf8jvq2kqslt6qnu
-
Creator token (TokenFactory denom): factory/osmo14avr4u4zwlqxex4wzm8vszv3m4g0l9evf07qt6aweppf8jvq2kqslt6qnu/lfcffedga
-
Native GAMM pool seeded at crossing: pool 1341 (gamm/pool/1341)
Full lifecycle, on-chain (tx hashes)
-
Create commit pool (factory spawns pool + registers TokenFactory denom) — 3B4B2D03852BA0D39A1AABF5F1DCFD4EA0F03AA9D7F9835462B3DB1617829AC2
-
Pre-threshold commit (USD-valued via x/twap) — 790FBB7F83389B39BCCE43CB6CC748B040654A1E2901C05F508C3D06F2DF533B
-
Cross USD threshold → mints + native GAMM pool seeds — 56DCF066A2809335DB5F03CB7047527D8B34E360167369DA54697CBC39FDA18D
-
Pro-rata committer distribution (TokenFactory mints, plain bank balances) — 5BF2036B17C27E64F3BDC2E51CAA02B7E7F971FE3550562FFDCE5FB23DE62FE5
-
Swap OSMO → creator token (via x/poolmanager) — 8917BB52B45AB1EDF845F8FF8B19A13079D410C26BB6655B70D1B44731297D40
-
Swap creator token → OSMO — 545A5AFA820E7441AD866A532AB4DD2D638F4BE1D93585D362C39B4046102F3E
-
Add liquidity on the native pool (MsgJoinPool) — 5DF335F35E1CA83A9BFB58112636BBACF8E365E4F32C8759D25A14A773BBFAB3
-
Remove liquidity (MsgExitPool, shares → 0) — 43E9C9F264620F7F04E85657DFD2230A978CBC253D0DD08E3F9F591475F9FE16
-
Router single-hop swap — 8C0DE76764CD07B1467FC0CF598866781EEAE18A74A09008DB8C89557DC5C3B4
Additional coverage on the same code (second pool, HOPTWO — osmo10ywg62pw3x5qzay8k87zf8gm50kj47gz2gq7vg4xmhdqc3mgnpzqye3yah, GAMM pool 1342)
-
Second pool created from a different wallet — pool_id 2
-
Threshold crossing — 8A9FA3AF47B95E57CD8EB5A90AEE9C27897BAFF90FF43A233AA73D34B88B30D8
-
Distribution — F41DA4D2389B43C167F408D39D0BDA8C6D1ED76EDCE97047D27E292E36475554
-
Router two-hop swap (tokenA → OSMO → tokenB, minimum_receive enforced end-to-end) — 8EC0A47E07300CC7AB9922D682722F910ADDFE8DC47E719B56B6584D4DDD5B69
-
Emergency-withdraw arc: initiate (pool pauses) — A76424E49083E1A954D834AFAF2F81DA04E9EBECE7B320FC49B87BE44C5A3BC4; cancel (pool resumes) — 31FB9321DD88E43578BDF7688207DD5A8493D68E80348910EED11B2B08DE85BA; re-initiate — 0A1A1F489328AF59B93B10C1F01D67F92BD817F7FD0BEC9E3FAA2B64FDFBC81B; drain after timelock (LP shares swept to the protocol wallet, pool permanently closed to new commits) — C15BBD3DDFED9239056604C71F34E3768198F69148AB0BE61F4A968052E3DE5D