Whitepaper
How Charon coins fill their jars and cross to Elysium.
Rules
| Where coins launch | flap.sh on BNB Chain |
| Tax | 2% on every buy and sell |
| Platform share | 20% of the tax (0.40% of each trade) |
| Jar share | 80% of the tax (1.60% of each trade) |
| Crossing target | $4,000 in the jar |
| At crossing, half the jar | Buys the coin on BNB (flap curve, or PancakeSwap after it graduates) and burns it |
| At crossing, the other half | Bridged to HYPE and paired on Elysium with the same amount of tokens that was burned |
| Elysium pool | Uniswap v4, full range, paired with HYPE, liquidity locked forever |
| Supply | Every token minted on Elysium matches a token burned on BNB. Total supply never grows |
| After crossing | Every refill to $4,000 repeats the buy and burn and deepens the Elysium pool |
| BNB door | Send coins to the door, they burn on BNB, the same amount is minted to your address on Elysium |
The jar
Every coin launched here has its own jar wallet. flap.sh sends the coin's tax to it on every trade, before and after the coin graduates. 20% of each arrival goes to the platform and the rest stays in the jar.
Crossing
When the jar reaches $4,000, it is split in two. One half buys the coin at market price and burns it. The other half becomes HYPE on Elysium. The exact number of tokens that was burned is minted on Elysium and paired with that HYPE. Both halves buy at the market price, so the Elysium pool opens at the BNB price.
The door
Once a coin has crossed, holders can move it from BNB to Elysium one to one. Coins sent to the door are burned on BNB and minted to the same address on Elysium.
Proof
Every transaction the platform makes is listed on the proof page with a link to the explorer.