The bagholders take over.

Lose 1 NEAR or more on a single $CTO sell and you mint one of 500 CTOads. When the last one is minted, the community takes over: CTOad holders split 100% of trading fees, forever.

0 / 500 CTOads minted

Until all 500 are minted, fees go to the deployer. Nothing is split before the takeover.

Step 1

Buy $CTO

Every buy and sell on the curve pays a 1% fee. The contract records what you spent.

Step 2

Sell at a loss

If one sell loses 1 NEAR or more against what you paid, you mint the next CTOad.

Step 3

The takeover

When CTOad #500 mints, the deployer's cut ends. From then on, every fee is split 500 ways.

Step 4

Claim

Each CTOad has its own account where its fees collect. Whoever holds the CTOad claims them.