Fees in. Buybacks out. Every rule in the open.

Every fee, every buyback, every receipt.

Worth every groat.

$GROAT contract Not published Buy
Coins on the counter.
Vault balance

Unavailable ETH

Chain read unavailable

Simulated until launch

Last buyback

Unavailable GROAT

Executor receipt unavailable

Simulated until launch

Next eligible run

Unknown countdown

Config and executor receipt required

Simulated until launch

The open vault. Scene is illustrative; figures below are labelled by source.

Small change, big ledger.

One buyback cycle

Illustrative only. Unpublished rules. No live activity or transactions.

Buy and stake open at launch. Buybacks follow the rule.

With controls enabled: arrows move; Enter or Space selects and replays.

  1. Native ETH comes in. Staked GROAT stays separate.

  2. The whole ETH balance, B, is the spend base.

  3. Check the epoch, planned spend and gas reserve.

  4. A confirmed buy needs verified settlement.

Illustrative outcome from Receipt

The receipt

Confirmed buy with verified settlement. GROAT stays in the vault.

ETH spent
Actual spend A
GROAT received
Net tokens T
Transaction
Hash after confirmation
Record
Block, time, epoch reference

Illustrative only. No transaction record.

Illustrative sequence of one buyback cycle, not live activity.

Illustrative walkthrough ready. All stages and the alternative branch are shown.

Read the detail

Eligible is not executed

Planned spend S is B times the configured share, rounded down to whole wei. The epoch must be due, S must meet minimum M, and B must cover S plus gas reserve G. The epoch guard measures elapsed time since the latest confirmed receipt. A scheduled run alone does not make a buy due. Passing the spend checks still requires a verified native curve, sufficient launch age, a protected quote and simulation, and a fresh balance check.

Leave room for gas

M is the server's minimum spend. G is the gas-unit cap times the gas-price ceiling, not a prediction of the final fee. The network fee and estimated gas must each fit their caps. Share, epoch length and minimum spend are not published here.

A receipt needs evidence

Only a confirmed buy with verified settlement produces a confirmed receipt. Purchased GROAT stays in the vault. This implementation adds no burn or distribution. A is actual ETH spent after refunds; T is net GROAT received from token transfer logs. Settlement must satisfy the protected price check before the executor stores an immutable transaction receipt.

Keep retries in check

Live sends require durable Blob storage. Conditional execution locks and a shared account lock guard against duplicate or competing sends. Uncertain sends keep their recovery locks until reconciled; age alone does not release them.

Waiting or skipped

An epoch still waiting, spend below M, or insufficient gas reserve means no buy. The executor skips rather than shrinking the configured share.

After graduation: route unavailable. If graduated() is true, no buy is sent. The pool route is not implemented. An unreadable graduation check also stops execution.

Route skips are stored separately from confirmed receipts, outside dry runs. They do not enter the confirmed feed or advance the epoch guard. Early planning skips return a reason without creating a confirmed receipt.

What the letters mean

Every stage, connector and receipt explains the implementation, not live activity. Rule settings are unpublished. Letters stand for amounts; no transaction is started here. Creator fees arrive as native ETH. Staking deposits and pre-staked GROAT share the wallet but are not the ETH spent on a buyback. The executor reads the entire native ETH balance, B, including top-ups and unstake fees, not just creator fees. Illustrative sequence: creator fees enter the vault; the rule checks a share of native ETH; a permitted buy still needs execution and settlement checks; only then is a confirmed receipt recorded. A waiting or skipped branch sends no buy and produces no confirmed buyback receipt. Read each stage in order. When interaction is available, select a stage to replay its illustrative connector.

Small change, big ledger.

Fees to ledger

Follow fees, vault ETH, and recorded buybacks.

Read the detail

Follow verified creator fees, vault ETH, and recorded buyback spending. Receipts provide the evidence.

Unavailable: waiting for the shared data source.

  1. Fees

    Unavailable ETH

    Verified inflows required; as of unknown

  2. Vault

    Unavailable ETH

    Chain balance; as of unknown

  3. Buybacks

    Unavailable ETH spent

    Executor receipts required; as of unknown

  4. Receipts

    Unavailable

    Evidence connector, not token volume

    Inspect receipts
  5. Retained in vault

    Unavailable ETH

    Current balance, not inferred fee retention

Scale unavailable. Money bands share one ETH scale. The receipt connector has a fixed width and signifies evidence only.

Vault ETH includes other inflows. Balance is a point-in-time stock; inflows and spending cover their stated observation windows. This is not a conserved accounting reconciliation.

The rule of four.

Epoch and rule

Eligibility is a clock. Spend is a published share.

Read the detail

Eligibility is a clock. The spend is a published share. Both sit in the open.

config

Next eligible run

set at go-live

set at go-live

Last run

Epoch

Epoch clock. Next eligible run is set at go-live.

config

The Rule

Published in full. The vault runs this set and no other.

  1. Funding. Creator fees from the pons_v2 curve accrue to a public vault. The figure on this page is vault ETH. It may include other inflows.
  2. Share. Each epoch the vault spends a published share of the fee balance on buybacks, after a gas reserve and a minimum spend. Route must be available or the epoch is skipped. Share per epoch: set at go-live
  3. Eligibility. A run is due when the published epoch length has passed since the last confirmed buyback. The vault skips if the remaining balance is below the minimum, if gas would consume the spend, or if the buy route is unavailable. Individual orders are never announced ahead of execution. Epoch length: set at go-live
  4. Receipts. Every executed buyback posts a receipt with spent ETH, GROAT received, block, and tx hash on this site.

Lock unverified

FAQ

Questions worth a groat.

Where do creator fees go?

Creator fees from the pons_v2 curve accrue to a public vault address. Anyone can read the balance on chain.

What rule does the vault run?

One published rule. Each epoch it spends a fixed share of the fee balance on buybacks. The full set is listed under The Rule and does not change from this site.

What is a receipt?

Every buyback posts a receipt: the tx hash on this site and on X. If a figure on this page is not a chain read, it is labelled SIMULATED.

Why are orders not listed before they run?

Individual orders are never announced ahead of execution. That keeps the buyback from being run over by faster flow.

How does staking work?

Holders can pre-stake into the vault for the receipt stream. Stake is a token transfer to the vault. Unstake asks your wallet twice: a 0.0005 ETH vault withdrawal fee paid to the vault, plus network gas, then a free signature. The vault sends your $GROAT back.

Pre-stake progress

Opens at token launch
Pre-staked
Unavailable
Target
88,000,000 $GROAT
Progress
Unavailable
Remaining
Unavailable

The staking pool opens when the vault reaches 88,000,000 $GROAT. Pre-stake on the machine.

What is live and what is simulated?

Until $GROAT launches, receipts, tickets, and ticker figures that are not chain reads carry a SIMULATED label. After go-live the contract bar unhides, the stake card reads the chain, and receipts are real tx links.

Not a groat hidden.

Every rule in the open.

Open the machine