Hollow vessel. Pour XAUT from the feet up.
The pour
Fill the cat with gold.
This is a demo of how gold fills the cat. On chain, the first 44 mint to treasury. The first public buy is 0.1088 XAUT plus a 4% fee. CETS can't buy this cat.
Token-bound account
The Backpack (CETPack) is the wallet. The CET is the key.
Each GOLD CET deploys an ERC-6551 CETPack. It's a contract that can hold XAUT, $CETS, and BNB. Only the owner of the GOLD CET can execute and withdraw from the pack. Harvest pushes GOLD (XAUT) and $CETS into the CETPack. LP sits on the flywheel and unwinds over 10 years into CETPacks as GOLD (XAUT) and $CETS. Airdropped LP fees land as GOLD (XAUT), BNB, and $CETS. 3% to treasury.
You don't stake. You don't lock. If the NFT moves, control of the CETPack moves with it in the same transaction. Harvest before you sell if you want the GOLD (XAUT) in your pocket instead of left in the CETPack.
- You pour the required XAUT in. The AMM mints a GOLD CET to you.
- The registry deploys a CETPack at a fixed address. Same cat, same CETPack. The address doesn't change.
- The 4% fee splits 10% Unclaimed GOLD CETS (cats that don't exist yet), 25% GOLD (XAUT) and 15% $CETS (Market Buy) into circulating CETPacks, and 50% LP (60% XAUT/BNB, 20% XAUT/CETS, 20% CETS/BNB). 100% goes to the rewards flywheel.
- Harvest pushes GOLD (XAUT) and $CETS into this CETPack. They sit there until you execute a transfer out. LP sits on the flywheel and unwinds over 10 years into CETPacks as GOLD (XAUT) and $CETS. Airdropped LP fees land as GOLD (XAUT), BNB, and $CETS. 3% to treasury.
Mint the cat. The CETPack doesn't exist until the NFT does.
*This is a simulation (different from the simulation we live in)
How the flywheel flywheels
Fees become GOLD (XAUT), $CETS, and protocol LP.
The AMM never takes CETS as payment. It only holds XAUT against the curve. The 4% fee is XAUT.
10% to Unclaimed GOLD CETS (70% GOLD (XAUT) / 30% $CETS, claimed on first mint), 25% GOLD (XAUT) and 15% $CETS (Market Buy) into circulating CETPacks, and 50% LP. GOLD CET buys don't pay the treasury. 3% of airdropped LP trading fees does. The first 44 cats mint to treasury. Harvest pushes GOLD (XAUT) and $CETS into the CETPack. All three LPs unwind over 10 years into CETPacks as GOLD (XAUT) and $CETS. Year 1 is about 10% of the pot. Year 10 empties what is left, unless the clock is extended.
Each year takes an even slice of what is left against the years still on the clock. Year 10 takes the rest, unless take-all is off or the clock is extended another 10 years.
Of the LP slice, all three LPs unwind over 10 years into CETPacks. LP never sits in the bag. Airdropped LP fees land as GOLD (XAUT), BNB, and $CETS. 3% to treasury.
execute before you sell, or the next owner inherits what's still in the CETPack. Airdropped LP fees land as GOLD (XAUT), BNB, and $CETS. 3% to treasury. LP sits on the flywheel and unwinds over 10 years. The first 44 GOLD CETs mint to treasury.The machine
XAUT drops the claw. It lifts one cat.
There are 4,444 unique GOLD CETs. The first 44 mint to treasury. A buy is one grab from whatever's still unsold or returned. Drop again if you want a different cat. Rarer ones are in the same tank, just harder to catch.
Same token id keeps the same CETPack. A brand new mint opens a new CETPack.
Bonding curve
spot = 0.10 + n × 0.0002 XAUT
n is circulating supply, not total minted. There are 4,444 unique cats. The first 44 mint to treasury, so the first public buy sits at 0.1088 XAUT. Cats sitting in the AMM are a claw machine. The next buy draws one at random before a new token id is minted. Once every id exists, a buy only works when someone's sold a cat back into the tank. The CETPack address is a function of token id, so a recycled cat opens the same CETPack.
Optional
Feed this cat more gold.
Every GOLD CET earns the same share. You can spend extra XAUT to raise this one's weight. That GOLD (XAUT) runs through the flywheel. A new owner starts at 1x. The bag keeps whatever already landed.
This cat is at 1.00x. Mint first, then feed if you want.