1% fee, three ways
Every buy and sell pays a 1% fee. 0.50% stays in the bowl and mints nothing, 0.30% is the protocol fee, and 0.20% is the creator fee. 50 / 30 / 20 basis points inside 100.
Feed it, or it dies.
A pet that lives on USDC.
Feed it by buying. If the timer hits zero, holders split whatever USDC is left in the bowl.
How it worksIn the bowl
Alive coins still have time. The graveyard is every coin whose timer already hit zero.
How it works
One factory holds every coin. People trade against a curve quoted only in USDC. Nobody withdraws the pool except through these rules.
- 1
Launch
Send USDC into the factory and name the coin. The full seed becomes the pool. There is no launch fee. The timer starts immediately.
- 2
Feed by buying
A buy of at least 1 USDC mints tokens on the curve and adds time, up to a cap that grows with the pool. Smaller buys can still mint, but they do not feed the timer.
- 3
Hunger makes selling pay less
As time runs out, a seller payout slides from the curve price toward a plain pro-rata share of the bowl. It never pays more than the curve, and never less than pro-rata.
- 4
Death splits the bowl
When the timer hits zero, trading stops. Every holder burns tokens for a pro-rata share of what is left. That is not a refund of what they paid.
Starting life and the life cap are read from this factory.
Rules that keep it fair
The figures in the cards are the published configuration. The panel under them is read from this factory, so a trade follows the chain if the two ever differ.
One wallet cannot babysit
Each account has a leaky bucket. Recent raw seconds leak at 0.25 per second. The next seconds count at 100% for the first tier, 50% for the second, and 0% after that. One account cannot keep a coin alive by itself.
Creator seed is claim-only
The creator cannot sell the seed. At death that claim is cut in half (5,000 bps) and the other half goes to the protocol. Holders who bought on the curve claim their share without that haircut.
Reserved tickers
3–10 letters or numbers. Anything starting with USD is rejected, plus USDC, USDT, USDE, DAI, NEAR, WNEAR, STNEAR, LINEAR, ETH, WETH, BTC, WBTC, SOL, AURORA. Taken symbols stay taken after death. The minimum seed on the public testnet factory is 1 USDC. Launch storage is 0.06 NEAR.
Read from this factory
Factory parameters are not available yet. Timer lengths show up here once the factory view loads. The fee in the cards is the published 1% split, 0.50% / 0.30% / 0.20%.
Questions
Is tUSDC a real dollar?
No. On testnet these coins are play money. tUSDC is a mock token with 6 decimals and a public faucet. A dead coin pays a share of what is left, not a refund.
What do I get if it dies?
A pro-rata share of the reserve snapshot. Late buyers can get back less than they put in. The creator seed is claim-only and that claim is cut in half.
Why is the alive list empty?
A coin leaves the alive list when its timer hits zero. The starting life is read from this factory and shown on the empty state. Launch one, try the cycle on Get started, or open a ghost and read how it ended.
How do I get started?
Open Get started and follow Try one cycle: connect a testnet wallet, take 100 tUSDC from the faucet (once a minute), launch with a 10 tUSDC seed, feed at least 1 tUSDC, then sell while it is alive or claim after the timer hits zero.
Can the creator sell the seed?
No. Seed tokens are claim-only. At death the creator keeps half of the seed share and the protocol keeps the other half. Ignoring fees, the creator breaks even only if the pool is about 4× the seed, because 1 / (1 − 0.5)² = 4.
Will the coin show up in my wallet?
No. Coins live in the factory ledger. Three read-only views use NEP-245-shaped names so other tools can read balances. There is no transfer method.
What does hunger change?
Hunger weight starts at the curve and moves toward pro-rata as time runs down, rounded up to the next 1/64 in favor of the pool. Feeding back to full does not instantly restore curve exits. A scar falls by at most one step per recovery interval.
Which tickers are reserved?
Symbols are 3–10 letters or numbers, anything starting with USD is blocked, and these names are reserved: USDC, USDT, USDE, DAI, NEAR, WNEAR, STNEAR, LINEAR, ETH, WETH, BTC, WBTC, SOL, AURORA. A symbol is never reused, even after the coin dies.