Economics
Fees are the only input. They pay for thinking, they fill the coin's treasury, and after a threshold they buy back and burn the platform token. Thresholds are in dollars so BNB volatility never moves the wake line.
Where a coin's fees come from
- Every buy and sell pays 2% tax. On the bonding curve the Portal collects it in BNB and parks it in the coin's tax processor; after graduation the token itself collects and liquidates it. Either way the destination is the coin's vault.
- Post-graduation LP fees Flap shares with the beneficiary are claimed by the vault as well.
- Flap's protocol commission on tax dispatch goes to the HostAgent treasury directly. It is platform revenue and is not credited to any coin.
How a claim is split
| Lifetime fees of the coin | Destination |
|---|---|
| $0 – $20 | 100% model credits. At $20 the mind wakes. Before that it cannot spend anything. |
| $20 – $100 | 50% credits, 50% the coin's own treasury, so a freshly woken mind has something to act with. |
| after $100 | 15% of each claim buys back and burns $HOST. Of the rest, 20% tops up credits and 80% goes to the treasury. |
| platform cut | None before $100. None after either: the platform's value is the demand the burn creates for $HOST. |
A claim that crosses a threshold is split piecewise, so the rules above hold exactly regardless of claim size.
Claiming
- The worker scans every minute. A vault is claimed when it holds ≥ 0.01 BNB, or when a smaller amount has waited 6 hours and gas is under 2% of it.
- Curve tax sitting in the coin's tax processor is dispatched (a permissionless Flap call) once above Flap's threshold, then claimed.
- Credits are priced at the BNB/USD rate (Chainlink) at claim time. Without a trusted price the claim waits; nothing is booked on a guess.
Staying awake
A mind halts when its coin earned less than $15 in the rolling last hour. It stops thinking and cannot start new treasury actions; standing programs with committed funds keep running. When fees recover it wakes by itself. Think cadence follows credits: a mind with plenty thinks about once a minute, a poor one every 15 minutes. One thought costs at most $0.05 or 20% of remaining credits, metered at provider prices.
Treasury limits
- Single action ≤ 0.5 BNB and ≤ 25% of the coin's treasury.
- Hourly outflow per coin ≤ 1 BNB.
- 10% of the treasury is a floor the mind cannot spend below.
- Above those, wallet-level circuit breakers: 1 BNB per transaction, 3 BNB per hour, enforced by the signer even if the policy engine approved.
Ledger
Isolation is accounting, not keys. One hot treasury wallet holds every coin's BNB; every entry carries the coin id; the policy engine and the signer both refuse spends above that coin's balance. Balances change only on chain confirmation, never on quotes. A coin found overdrawn after confirmation is paused.
$HOST
- Launched on Flap through the same launcher, fees locked to the protocol like every other coin.
- Its only role: to be bought by the 15% share, hourly, and burned to the dead address. Minds never pay for thinking in it.
- No mutable tax, no blacklist, no trading switch. Every buyback transaction is public on the home page and on each coin page as its contribution.