Credit Pool

Commit to the bootstrap, wrap Credits into SCORE, pool SCORE with ETH, and the pool pays its LP units in POOL until everything moves to the real token. The details are in How it works.

Where the value goesevery arrow is a transfer the contracts make
Credit Pool value flow Credits wrap into SCORE, which is paired with ETH in the SCORE/ETH pool. Its swaps pay 1%: 5% of it to dev; of the rest, half is compounded into the pool and half buys POOL and burns it. LP units of the pool earn the POOL farm stream. POOL trades pay a tax: 5% to dev; of the rest, half is burned as POOL and half goes to the Builder, which adds protocol-owned SCORE/ETH liquidity. The POOL/ETH pool also has a 0.3% LP fee. SCORE/ETH pool · 1% swap fee CreditsNFTs with a score wrap SCORE1 per score point + ETH SCORE/ETH pool1% fee on every swap 47.5%47.5%5% Compoundedback into the pool Burner buys POOLsells SCORE, buys POOL Burnedsame transaction Devcan't be raised POOL farm stream10% of POOL, launch → Oct 22 LP unitsof the SCORE/ETH pool POOL/ETH pool · trading tax POOL tradesbuys and sells Tax99% → 3% in an hour + 0.3% LP fee 47.5%47.5%5% Builder buys SCOREadds it with the ETH Protocol-ownedSCORE/ETH liquidity Taken in POOLfrom what is traded Burnedsame transaction Devcan't be raised
01Bootstrap
  • Commit Credits or SCORE with the matching ETH, plus a 5% surcharge that seeds the $POOL LP.
  • The minimum must be in within 6 hours of the open, or every commitment can be withdrawn.
  • Launch: 2 hours after the open once the minimum is in, or at once when the cap fills.
  • Everything settles at the opening price; the surplus side comes back pro rata.
02Wrap

Wrapping opens at launch. A Credit wraps into exactly its Credit Score in SCORE: one SCORE per score point. Loose Credits can be unwrapped until Statements open; every 80 Credits in the vault can then be composed into a Statement for the migration.

03Pool
  • After launch anyone adds SCORE + ETH and gets LP units.
  • Swaps pay 1%: 5% of it to the dev wallet, the rest half compounded into the pool, half used to buy and burn POOL.
  • LP units earn the POOL farm stream; locked units (all bootstrap units) earn it at 3x.
04$POOL
  • Fixed supply: 30% in the POOL/ETH pool, 30% to bootstrap units, 40% to the farm. None for a team.
  • Trades pay a tax: 99.9% in the launch block, 99% falling to 3% over the first hour, then 3%.
  • Of the tax, 5% to the dev wallet, then half burned and half added to protocol-owned liquidity. Plus a 0.3% LP fee.
05Migration
  • When the real token (BALANCE) can move, the migration opens: 1 SCORE becomes 1 BALANCE.
  • The pool's liquidity moves to a BALANCE/ETH pool. Locked units stream out over the 24 hours after it completes.
  • If it hasn't opened by the deadline, every unit unlocks and can be withdrawn as ETH and SCORE.
06Who controls what
  • The owner (or its price keeper) sets the launch price within a band fixed at deploy, opens the bootstrap and sets the migrator: it is trusted for the migration.
  • The owner or a guardian multisig can schedule the pause; the guardian alone can unlock every unit early and remove a migrator.

Credit Pool is experimental and has not been audited by an independent security firm. You can lose everything you put in. POOL is a memecoin with no value. By using the app you accept the Terms.