Protocol

Holder rewards

Paying holders from fees without asking them to stake.

A launch can route part of its creator fee to the people holding the coin, rather than to a wallet. Nobody stakes, locks or registers. Holding is the whole condition.

How a round works

  • Fees accumulate for the round.
  • A snapshot of balances is taken and turned into a Merkle tree, so the contract stores one hash instead of thousands of rows.
  • Holders claim against that root whenever they want. An unclaimed round does not expire into our pocket.

The snapshot is taken from indexed transfers, and the root is posted on chain. You can rebuild it yourself from the same events and check that the amount you were given is the amount the chain agrees with.