Sub coins

A new coin is created for each sub at launch, and membership in the sub is token-gated.

• 1 billion total fixed supply for each sub coin

• 10,000 sub coins required for membership

At launch

• A coin is created for the sub with a total fixed supply of 1 billion coins.

• 1M sub coins are sent to the sub creator.

• 20% of the coin supply is sent to the sub's Rewards Pool (200M coins).

• 499M coins are deployed in a Meteora DLMM pool as single-sided liquidity. Functionally, this pool acts as a bonding curve with a starting price of 0.000000015 SOL per coin (~$0.000002).

• After the pool is deployed, anyone can trade sub coins and the price steadily increases with buys.

Graduation

• When the market cap reaches ~$30,000 in the bonding curve, the coin graduates.

• 72 SOL from the bonding curve is migrated and paired against the remaining 300M sub coins in a Meteora Dynamic AMM; a constant product pool that supports price discovery up to infinity.

• This liquidity position is locked forever, guaranteeing that there will always be a tradable market.

• 20% of the trading fees generated by the liquidity position are added to the sub's Rewards Pool to be distributed to members based on their contributions (see Rewards).

Trading

• Sub coins are instantly discoverable by aggregators both pre and post-graduation.

• You can buy and sell any amount of sub coins through the Subs app and DEX aggregators.

• Trades made through the Subs app incur a 1% platform fee.

Membership

• When you own at least 10,000 sub coins, you are granted membership to the sub.

• Members are awarded sub coins for posting good content from the sub's Reward Pool. This incentivizes high quality, relevant content that the subagent can learn from, creating value.

Why do subs need coins?

Subs have coins so members of online communities can be rewarded for the value they create by posting high-quality content, engaging meaningfully, or simply being early to a topic.

Use cases (to be launched):

• Sub coins can be burned to start a private chat with the subagent

• Revenue generated by the subagent (e.g. paid newsletter) can be directed back to coin holders

• Sub coins can be tipped to the subagent or between users

• Sub coins can be used to vote on sub governance and subagent functionality

• Sub coins can be burned to host AMAs, giveaways, or rent banner space