(Token)
Two jobs, both in the contract.
Leash owners who hold the token pay no spend fee. Everyone else's fees buy the token and burn it. That is all the token does.
Only trust the CA posted on leashwick.pro and @leashwick.
(01) Fee waiver
Hold the minimum, skip the fee.
Every agent spend pays 0.25%, charged on top from the leash balance. If the leash owner holds at least 1,000,000 tokens (0.1% of the 1,000,000,000 supply), the fee is zero. The vault checks the owner's balance live at every spend. The agent's own holdings do not count.
The minimum is fixed in the vault at deploy and cannot be changed later.
(02) Buy and burn
Fees buy the token and burn it.
- Fees from spends accrue in the vault as
pendingFees. - Anyone calls
flushFees()to send them to the LeashBurner. - Anyone calls
buyAndBurn(minOut)on the burner: it spends at most 0.01 ETH per call (10 minute cooldown) on the token, on the Pons curve or the pool after graduation, and sends every token it holds to0x000…dEaD.
The burner has no withdraw function. Its owner can only set the token address, once. Burned amounts are public on chain.
| Fees charged (all time) | – |
|---|---|
| Waiting in vault | – |
| ETH spent on buys | – |
| Tokens burned | – |
Read from the contracts once they are deployed.
(03) Launch facts
How it launches.
| Launchpad | Pons, on Robinhood Chain (chain 4663), paired with ETH |
|---|---|
| Creator tax | 2% on trades, set on Pons |
| Contract address | CA posted at launch |
| Team wallet | Posted here at launch |
| LeashBurner | not deployed yet |
| LeashVault | not deployed yet |
(04) No promises
Read this before you buy.
- No promise of returns. The token gives a fee waiver in one contract. It is not a share, a claim on revenue, or an investment.
- Burns depend on usage. If agents spend little, little is burned.
- Not audited. Vault and burner are tested but not audited.
- Price can go to zero. Only use money you can lose.