Introduction
AmmoMarkets — the tokenized ammunition trading protocol.
What is AmmoMarkets?
AmmoMarkets is a decentralized protocol that lets you buy, hold, redeem, and exit tokenized ammunition. Each token represents one physical round, stored in a secure warehouse and redeemable for delivery to your door.
The Problem
The U.S. ammunition market is worth over $8 billion annually, yet there's no secondary exchange for buying and selling ammo efficiently. Prices fluctuate, availability is unpredictable, and there's no way to get price exposure without physically storing cases of ammunition.
The Solution
AmmoMarkets tokenizes physical ammunition as ERC-20 tokens. Every token is backed 1:1 by real ammunition held in a warehouse. You get the price exposure and tradability of a digital asset, with two ways out: redeem for physical delivery, or exit for stablecoins.
How It Works
- Mint — Deposit USDC to mint ammunition tokens at the current oracle price. Each token represents one round of a specific caliber.
- Hold or Trade — Hold for price exposure, or trade on a DEX. Swaps include a small protocol tax that funds operations and protocol backing.
- Redeem — Burn tokens to receive physical ammunition shipped to your door.
- Exit — Sell tokens back to the protocol for USDC if you want cash instead of delivery.
Next Steps
Mint
Mint ammunition tokens with USDC at the oracle price.
Swap
Buy or sell caliber tokens on a DEX — the fastest path in and out.
Redeem
Burn tokens for physical delivery to your door.
Exit
Sell tokens back to the protocol for USDC — backstop for cashing out.
Liquidity Farming
Provide liquidity to a caliber pool and earn AMMO. Equal weight across every active caliber.