$COMMONS
A cooperative token with bounded speculation and commons-aligned governance.
About $COMMONS
A cooperative approach to token economics, governed by Breadchain.
Market-driven price discovery within hidden bounds, protecting against extreme volatility.
Original token holders become the trusted seed that governs yield distribution after migration.
Post-migration voting rights granted through manual assessment of commons alignment.
Augmented Meme Coins
Transforming speculative energy into commons-building power
Extreme Volatility
Meme coins experience wild price swings that can wipe out investors' savings in minutes, creating financial harm with no safety mechanisms.
Abuse of Ignorance
Many meme coins exploit newcomers' lack of understanding, using hype and FOMO to drive purchases without disclosing risks.
No Meaningful Goals
Beyond price appreciation, most meme coins lack any substantive purpose or roadmap for creating real-world value.
Trend Without Outcome
They capture interest and capital in cultural trends but fail to advance any material outcomes that benefit society.
Bounded Speculation
Retains the fun and excitement of price discovery while implementing hidden boundaries that protect against catastrophic losses.
Guaranteed Evolution
Unlike static meme coins, $COMMONS is designed to evolve through migration into a stable, productive asset that generates ongoing value.
Purposeful Design
Every aspect of $COMMONS is engineered to transform speculative energy into sustainable funding for commons-building activities.
Community Progression
The meme evolves from a speculative asset to a cooperative governance structure that funds public goods and commons infrastructure.
Phase 1: Speculation
Market-driven price discovery within hidden bounds allows for the excitement of speculation while limiting extreme volatility.
Phase 2: Trusted Seed Migration
When price boundaries are reached, the token transforms into a stable asset, preserving value while ending the speculative phase.
Phase 3: Production
The stable asset generates sustainable yield that funds commons-building activities, creating lasting value from initial speculation.
"Augmented meme coins represent a new paradigm that harnesses the viral energy of memes while ensuring they evolve toward productive outcomes rather than collapsing into zero-sum games."
Augmented Memecoin Mechanism
How $COMMONS combines speculation and stability
$1.00
Token Type
$COMMONS
TVL
$500,000
Price
$1.00
Upper Bound Simulation
This simulation shows what happens when the token's TVL reaches the upper bound of $1,000,000. At this point, the token migrates to $COMMONSUSD, becoming a stable asset that generates yield for the commons.
Market-driven price discovery within $100K - $1M TVL bounds
Automatic conversion to $COMMONSUSD when bounds are reached
Stable $1 price with yield generation from migration TVL
Bounded Speculation
During this phase, $COMMONS price fluctuates based on market activity. TVL is monitored against the lower bound ($100K) and upper bound ($1M).
Key Metrics
- Lower Bound: $100,000 TVL
- Upper Bound: $1,000,000 TVL
- Market-driven price discovery
- Continuous TVL monitoring
How It Works
The $COMMONS token implements a unique bounded speculation mechanism.
Hidden Boundaries
Lower and upper migration bounds are hidden (hashed) in the smart contract, allowing for natural market speculation within these bounds.
Trusted Seed Migration
When token liquidity reaches either bound, migration transforms $COMMONS into a stable asset with original holders forming the trusted seed governance.
Post-Migration
After migration, $COMMONSUSD becomes a stable asset that generates yield for the commons while protecting holder value.
Cooperative Liquidity
All liquidity is provided through the community AMM using stablecoin tokens, allowing liquidity providers to earn yield and gain voting power in the commons.
Tokenomics
Understanding the economic model of $COMMONS
Market-Driven Price Discovery
$COMMONS price is determined by market forces, allowing for speculation and trading within the hidden bounds.
Liquidity Monitoring
The contract monitors liquidity across pools to determine if migration bounds have been reached.
Community Governance
Token holders can participate in governance decisions affecting the commons.
Yield Generation
How $COMMONSUSD generates sustainable funding for the commons
10%
Annual Percentage Yield
$583
Monthly Builder Allocation
(Based on $70K liquidity)
How It Works
- $COMMONSUSD is backed by stablecoins (USDT, USDC, DAI)
- These assets are used for overcollateralized lending
- The yield generated is distributed to builders in the commons
- As more users convert to $COMMONSUSD, the yield pool grows
- Holders can burn their $COMMONSUSD to reclaim the underlying assets
Yield Governance
How yield recipients are determined and managed
Initial Recipients
Original $COMMONS token holders automatically become the initial yield recipients after migration. Their share of yield is proportional to their token holdings at the time of migration.
Voting Rights
These original holders form the governance body that votes on adding new yield recipients and adjusting yield distribution parameters.
Governance Process
- Recipient Nomination
Any current yield recipient can nominate a new potential recipient by submitting their address and contribution details.
- Review Period
A 14-day review period allows existing recipients to evaluate the nominee's contributions to the commons.
- Voting
Original $COMMONS token holders vote on the nomination, with voting power proportional to their holdings at migration.
- Supermajority Approval
New yield recipients must be approved by a 66% supermajority of voting power to ensure broad consensus.
- Yield Allocation
Upon approval, the new recipient begins receiving yield according to the allocation formula determined by the governance contract.
Recipient Criteria
New yield recipients must demonstrate alignment with commons values and contribute to the ecosystem. Typical recipients include:
- Open source developers
- Community organizers
- Educational content creators
- Public goods projects