Where the money goes
Tokenomics
Two streams. The launchpad's 1% pool fee buys the stock that goes out every hour. A 3% trade tax funds everything that outlives the launch window.
The 3% trade tax
Charged on every buy and every sell, on top of the launchpad's own 1% pool fee.
Vault endowment
Buys stock into a permanent reserve behind each vault. It pays out 1% of itself per day and cannot be withdrawn by the team — this is the part that keeps paying when trading goes quiet.
Buyback and burn
Buys SMEG on the open market and sends it to a dead address. Not locked, not vested — permanently removed from supply.
Dev
Operations, indexer infrastructure and the settlement gas that delivers stock to holders every hour.
The burn
1.25% of every trade buys SMEG on the open market and destroys it. Not locked, not vested — gone.
The launchpad fee
Separately from the tax, the launchpad charges 1% on every trade and pays the creator 70% of it. Ninety percent of that goes to the vaults, is turned into stock, and is pushed to holders on the hour.
Safety
- · LP locked at launch
- · Operator is a 2-of-3 multisig
- · Not renounced — the vault program needs an operator key to grant and revoke vault artwork and publish payout roots. Every payout is verifiable on-chain.
- · Contract addresses will be published here before launch, and nowhere else
Figures shown are simulated · not live data