fairness and safety
These are design commitments. They become verifiable when contracts are published.
no team allocation
Coins launched on PITHOS have no team allocation. The creator receives no tokens at launch. If a creator wants a position, they buy on the curve like everyone else.
on-chain transparency
Each coin's fee, split and god are stored on-chain at launch and cannot be edited. Each offering emits an event with its source coin, its god, its amount, and the amount burned.
automatic offerings
No one has to claim, vote or remember. Offerings are executed by the protocol's fee router from trade fees.
no fixed epochs
Olympus is computed over a rolling window. No hour of the day has an advantage.
anti-sniper notes
The first blocks of a launch are the most dangerous for ordinary buyers. PITHOS plans to cap how much a single wallet can buy early on.
| parameter | value |
|---|---|
| maximum buy per wallet at launch | TBD (testnet simulation: 2%) of the supply |
| duration of the cap | TBD (testnet simulation: 10 blocks) |
Caps per wallet can be split across wallets. This reduces sniping. It does not end it.
MEV considerations
Bonding curves and buybacks are predictable, and predictable flow attracts MEV.
- Slippage is yours to set. The trade panel shows the minimum you will accept. Keep it tight.
- Offerings run in small tranches. A large single buyback is an easy sandwich. Splitting it reduces the profit available.
- Elysium's sequencing decides how much ordering can be gamed. Check Kinetiq's documentation for how it works.