Every buy leaves
ETH under the price.
Two percent of each buy is placed into the pool as a bid, just under spot, by a contract with no withdraw function. Not the team's. Not locked until a date. There is no code path out. Sells pay nothing.
This is not the price. The price does whatever the market does. This is the number underneath it, and that number has one direction.
deployment
Four moves. No admin key.
No owner, no pause, no fee setter, no rescue. raise() and sweep() are open to anyone, so the machine runs without us and cannot be pointed anywhere else.
Two percent, buys only
Taken in ETH by the pool contract when you buy. Selling costs you nothing extra. It is not a transfer tax: the token is a plain ERC20 with no owner, no mint function and no code that runs when you move it.
It becomes a buy order
That ETH goes back into the pool as a real order, sitting about two percent under the current price. You can sell into it right now. The contract holding it has no function to cancel it, move it, or take it back.
The order does the buying
If price falls that far, the order fills, the way any resting bid fills. Its ETH turns into tokens. Nobody chooses to do this and nobody can stop it.
What it catches, it keeps
Those tokens stay inside an order with no removal function, so they never come back to market. Supply that can still be sold goes down and stays down.
Anyone can run it
Placing collected fees is one call, raise(). It takes no arguments, has no recipient, and does the same thing whoever sends it. You can run it yourself. We are not needed for any of this to work, which is the entire point.
A high water mark
does not come back down.
It is the highest level the tide ever reached. When the water drops, the mark stays where it was. That is the whole idea, and the contract enforces it literally.
if (newBand > floorTick) revert FloorWouldFall();
Search the source
for a way out.
Open the verified contract and search it for withdraw, rescue, emergency, owner, setFee. Every one of them returns nothing. It is under three hundred lines. You can read all of it in four minutes.
- withdraw
- no match
- rescue
- no match
- emergency
- no match
- owner
- no match
- setFee
- no match
- pause
- no match
Downside you can query.
Snipers do not read websites. They read contract state, and they only buy what they can put a number under. Three calls give them that number before they touch it. Every other token on this chain answers the same question with a Telegram group. That is why the bid is not marketing. It is the distribution.
- floorEth()
- ETH committed under the price, lifetime
- standingBidEth()
- ETH you can sell into right now
- lockedTokens()
- supply the bid has swallowed for good
Asked the way
you would ask them.
What stops you dumping on me?
There is nothing to dump. One hundred percent of supply goes into the pool at launch. No team allocation, no airdrop, no vested tranche, no reserve. We buy on the open market at the same price as everyone else or we hold nothing at all.
Can I actually sell?
Yes, and it costs you nothing extra. The fee is on buys only. The token has no transfer tax, no owner, no mint, no blacklist and no pause. Nothing runs when you move it, because there is no code in it to run.
Who holds the supply?
The pool does, and it is the top holder by a distance. Every other holder bought theirs. You can check the holder list before you buy and you should.
Why two percent?
It is mid-range for this chain. TA FUND takes one, CashCat takes one, CLAWSTR takes two, FriarTier takes five. The difference is where it goes: theirs pays a wallet, ours goes into the pool underneath you and cannot be retrieved.
Is a bid two percent under spot really a floor?
No, and we are not going to call it one. It is a bound, not a backstop. In a violent dump price will go through it. What it does is put a real number under you that nobody can remove, and ratchet that number up as volume arrives. Early on it is small. It only gets less small.
What if nobody calls raise()?
The fees sit in the contract, visible on-chain, and wait. Nothing is lost and nobody can take them. Anyone can place them at any time, including you, and the call does the same thing regardless of who sends it.