Stake a bond
Anyone bonds an unclaimed X handle or GitHub account or repo. Bond size scales with the name's reach, so a top account costs orders of magnitude more than a random anon.
$PREEM on Robinhood Chain
Every handle is a claim. Stake it first.
Bond any unclaimed X handle or GitHub repo. The owner has 48 hours to reclaim at cost. After that, it's yours.
Six moves from stake to buyback.
Dispute window
The owner verifies through OAuth and reclaims the handle, paying the squatter the bond at cost minus a 10% forfeit. If two or more squatters bonded the same name, a mini-auction decides between them.
Conversion
No owner showed up. The bond turns into a Claim NFT, the Scout Deed, in the winner's wallet. It trades on the Pons curve like any other asset.
Exercise
Whoever holds the Deed can trigger the coin launch on the Pons curve at any moment. The holder at that moment is the launcher.
Fee split
On every swap the FeeSplitter divides the tax into the creator's base fee, the scout tax for the Deed holder and, when it applies, the recognition premium.
Buyback
After exercise the creator can buy the Deed back from whoever holds it at a price the contract computes. No negotiation, no ransom for your own name.
Five hands on one name.
Hover a figure. Same paper chain, different cut.
Creator
Owns the X handle or GitHub account.
Two tracks. Same 48 hours.
Bond size follows the signal that matters on each platform. Exact coefficients get calibrated on live data after launch.
X handles
- Bond signal
- Follower count and growth rate. Non-linear: top accounts cost orders of magnitude more.
- Trigger
- Manual. The 48 hour window opens the moment a bond is staked.
- Reclaim
- Owner signs in with X OAuth and pays the bond back at cost.
GitHub repos
- Bond signal
- Repository stars and release cadence.
- Trigger
- Automatic. An oracle on stars and releases opens the window.
- Quirk
- Claim a repository as a project, not only its maintainer.
Being hunted pays.
Four independent levers for the creator. Each one is a separate on-chain event, so payouts never overlap. Whether you launch, someone else launches, or nobody does, being noticed earns.
Founder's Auction
Auction your own future claim before anyone bonds it. 100% of the premium goes to you. The first bond staked on your handle closes this door forever.
Paid by auction biddersOpen while no bond exists
Notoriety Dividend
Two or more squatters fought over your name? The losing bids fund a dividend you claim at verification. The pool never burns and never expires.
Paid by losing squatters
Recognition Premium
Someone else launched your coin? A share of the scout tax flows to you for as long as it trades.
25% of scout tax
Buyback
Any time after exercise you can take the Deed and all future scout tax back from the current holder. The price is computed on the contract, never negotiated.
price = max(bond_cost, k x trailing_90d_scout_tax_revenue), k = 8
1.00bond cost floor wins
Example with bond_cost = 1.00. Mock values, units omitted on purpose.
Seven contracts. One swap.
Every payout in the protocol is funded by real swap volume on the Pons curve. No $PREEM is minted to cover a shortfall.
Eight invariants. Not negotiable.
- 1
Verification, Exercise and Buyback are three separate on-chain events with separate payouts. None of them implies another.
- 2
Founder's Auction exists only while no bond is staked. The first bond moves the handle to the squatter branch for good.
- 3
Notoriety Dividend needs at least two competing bonds in the same window. With one squatter there is nothing to split.
- 4
The Notoriety pool never burns and never expires. The creator can claim it however long after the auction ended.
- 5
Recognition Premium accrues only when the address that exercised is not the verified creator's address.
- 6
Scout tax sits on top of the creator's base trading fee. Under no circumstances does it reduce that base.
- 7
Buyback price is computed by the contract, not negotiated with the holder. Direct purchase can never become extortion.
- 8
Every payout comes from real swap volume on the Pons curve. Zero volume in a period means zero payout. No $PREEM emission.
Open questions before v1.0.
Thresholds and coefficients get fixed on the first weeks of live data, not hard-coded upfront.
Oracle dependence
Follower counts on X and stars or releases on GitHub are external feeds. Manipulation or delay distorts bond size and, on the GitHub track, the moment the window auto-triggers.
Sybil risk on the dividend
Affiliated wallets could stage a mini-auction between themselves to pump a Notoriety Dividend for a friendly creator. An anti-collusion mechanism is required.
MEV on Founder's Auction
Mempool bots can stake a bond the moment a creator tries to open their own auction, closing the door first. Private RPC or commit-reveal are on the table.
Coefficient calibration
Bond thresholds per track and the k in the buyback formula are set experimentally after the first weeks of real data, not fixed in v1.0.
Where the forfeit goes
When the owner reclaims inside the window, the 10% forfeit either goes to the protocol treasury or to an insurance pool for good-faith squatters. Undecided.
Reputation of the mechanic
Squatting someone's name, even reversibly, can read as toxic. The window and the reclaim-at-cost must be communicated as the owner's protection, not an afterthought.
Live
Windows open right now.
Every bond on a name starts a 48-hour clock. Owners, this is your alarm. Scouts, this is the board.
Open disputes
Preview ยท sample data
No open windows. Every name is either free or already deeded.