Dev cover · every sticky 2 coin
Cover against the dev selling
The fear on every launch is the dev dumping. On a sticky 2 coin the coin itself counts what its creator sold, through any wallet. Here holders buy cover against it, and writers, or the dev as a bond, sell that cover for premiums.
- Peer to peer: every policy fully covered when sold
- Marks of 10, 25, 50 and 100 % sold
- A policy never covers more than your coins are worth
01 · Holder
Pays a premium for a policy
Say 3 % of the cover for a day. If the creator sells past the mark while it runs, the cover is paid to the holder.
02 · Writer
Locks BNB and earns the premiums
Anyone can write cover on a sticky 2 coin. Written by the creator itself, it is a dev bond: the creator earns as long as they do not sell.
03 · The coin
Counts the creator's sells itself
Every coin bought into the creator's wallet carries a mark wherever it goes. The coin writes down when marked coins sold reach 10, 25, 50 and 100 %. No oracle, no list of wallets.
04 · Payout
Anyone may pay it, the BNB goes to the holder
The pad's keeper pays every policy whose mark was hit, so nobody has to watch. A policy that ran out frees its cover again.
Coins with cover
Pick a coin to buy cover, or open any sticky 2 coin's page to write an offer.
No live offers yet.
The numbers
- Marks
- 10, 25, 50 or 100 % of what the creator bought, sold from any wallet
- Premium
- set by the writer, up to 50 % of the cover
- Policy length
- 1 hour to 30 days, fixed per offer
- Warm up
- a mark stamped within 10 minutes of the buy does not count
- Smallest offer
- 0.01 BNB
Know the risk
- Holder: the premium is gone either way. Cover pays only for the creator's sells, not for a price that falls for other reasons.
- Writer: if the creator sells past the mark while your policies run, their holders take the cover. Your BNB is locked until each policy ends.
- Only sticky 2 coins carry the counter. Older sticky coins and other modes cannot have dev cover.
- A new contract, tested on a BNB Chain fork against real coins, not audited by a third party yet.