Anyone can propose a token. Only the elected ones reach the chain.
ELECT
Launch protocol
Every fee buys back and burns $ELECT.
Name, ticker, image, pitch and links. Nothing deploys. No contract exists yet. One active candidate per account, 3 per week.
Your candidate goes on the public ballot for 7 days. Votes are free, signed EIP-712, and anyone can re-verify the tally.
On vote 100 we deploy through our bonding-curve factory and trading opens with 100+ people already watching. Miss, and it never sees the chain.
Every fee shrinks $ELECT.
Launch, trade and submission fees pool as ETH in one vault. Anyone can trigger the buyback; the vault swaps, then burns to the dead address in the same transaction. It never holds $ELECT between blocks.
Fee capture
Buyback ledger
Settlements, newest first
| Settlement | Burn receipt | Status |
|---|---|---|
| First settlement | Opens at launch | Queued |
Questions, answered
Why 100 votes?+
It's the gate, not the goal. 100 free votes from verified accounts is expensive enough to fake that spam dies, and cheap enough that a real community clears it in days. The threshold is a config value. It will scale with the electorate.
Do I pay gas to vote?+
No. Votes are signed off-chain messages, free to cast. Elect pays deploy gas from its own wallet so launches never wait for a sleeping creator.
What happens on vote 100?+
The count locks inside one database transaction, a launch job queues, the worker builds a merkle root of your voter set, deploys through the ELECT bonding-curve factory, and records everything in the on-chain registry. Then every voter gets notified.
Where do the fees go?+
Every fee (launch, trade, submission) pools as ETH in one vault. Anyone can trigger a buyback that market-buys $ELECT and burns it to 0x…dEaD in the same transaction.
What stops bots from voting 100 times?+
Voting needs a Privy-verified identity bound to the wallet, plus on-chain history predating the candidate. $ELECT-weighted votes switch on later. A micro-fee per vote sits in reserve as the emergency lever.
Propose a token. Earn the chain.
One active candidate per account, 3 per week. Nothing deploys on submit. Your idea goes on the public ballot for 7 days.
Submit a candidate