# Mikoshi: Liquidity Provision System

<figure><img src="/files/SS9FGkMHMMrVwT6A34oI" alt=""><figcaption></figcaption></figure>

Mikoshi is a crucial system responsible for the overall liquidity of the Matsuri Foundation ecosystem, listing and managing the liquidity of various tokens. At the system's launch, Cosplay Token (COT) will be listed as the first phase, demonstrating Mikoshi's functionality and effectiveness.

### **What is Mikoshi?**

<figure><img src="/files/pTS0eQNmU16kM1pimtSk" alt=""><figcaption></figcaption></figure>

A "Mikoshi" is a sacred structure that plays an important role in traditional Japanese festivals. Typically, several to dozens of participants cooperate to carry the "Mikoshi" and parade through the town. This scene is an iconic landscape seen in many Japanese festivals.

The Matsuri Foundation's Mikoshi draws inspiration from this traditional concept. Mikoshi is not merely a technical tool but a financial infrastructure where the spirit of Matsuri merges with the blockchain. Just as participants carry the portable shrine together, the entire community supports and operates the liquidity collectively.

### **Mikoshi's Functions and Utility**

1. **Token Listing** Mikoshi integrates tokens from various projects supported by the Matsuri Foundation, offering users broad and stable investment opportunities.
2. **Intelligent Market Making** It uses advanced algorithms to automatically adjust liquidity, enhancing the stability of listed tokens.
3. **Matsuri Token Buyback** Implements a MATSURI buyback function to maintain the health of the Matsuri ecosystem. This contributes to stabilizing the value of the MATSURI token and anticipates long-term growth.
4. **User-Friendly Interface** Allows complex cryptocurrency transactions to be performed with extremely simple operations. Generally, there is no need to monitor after initial setup. It adopts an easy-to-use design for everyone, aiming to improve the user experience.
5. **Bybit Integration** Mikoshi is an advanced liquidity provision and management tool operating on the Bybit exchange. This allows users to leverage Matsuri's functions on a reliable platform.

### **Mikoshi New Registration**

→ [Here](https://console.mikoshi.matsuri.top/signup/)

### **How to Operate Mikoshi**

→ Please refer to [this article](https://help-page.mikoshi.matsuri.top/)


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://matsuri.gitbook.io/whitepaper/en/mikoshi.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.