$UFG is the first treasury in a broader onchain treasury platform. Creator fees flow into a transparent ETH treasury that holders can redeem against. When users redeem, they redeem for their pro-rata share of the ETH treasury and are charged an exit fee of 2%. This exit fee makes it so the amount of ETH backing the remaining tokens never declines. The platform is intended to expand with additional experiments using innovative, clearly disclosed strategies, while $UFG itself acts as the platform treasury for holders and early adopters, being governed by the fixed rules of its contract.

Questions & answers

What is $UFG?

A fixed-supply token whose trading fees accumulate in an immutable ETH treasury, with a permanent burn-for-ETH redemption that makes sure the amount of ETH backing each token never declines. It is the first treasury in a planned family of onchain experiments sharing one identity; each later product would run its own fixed, disclosed strategy in its own contract while paying a small portion of fees to the original $UFG contract.

Where does the treasury's ETH come from?

Creator fees on $UFG's own market, claimed permissionlessly from the Pons V2 fee escrow. Anyone may call collect(), which pulls the credited fees from the Pons fee escrow, and every redemption attempts the same call as part of the redemption. The contract also accepts ETH from any sender, so donations and any future fee routing from future family products are booked identically.

What exactly happens when I redeem?

You burn $UFG and receive 98% of its pro-rata claim on the treasury's ETH; the 2% remainder stays in the pot. Because the full burned share leaves supply while only 98% of its ETH leaves the treasury, backing per remaining token rises with every redemption. Measured in ETH, the backing per token will never fall.

Does the treasury invest, lend, or buy back?

No. It never trades, lends, stakes, or buys its own token, and it pays no distributions. Holding $UFG is exposure to ETH plus this fee stream — nothing else. Strategies that carry more risk belong to separate future products, each with its own contract and its own disclosures.

Who controls the contract?

No one. There is no owner, pause, upgrade path, or parameter setter. The only administrative power that ever existed was a one-time token binding, exercised at launch. The verified source is linked in the footer.

Who is the largest holder?

The largest holder is now the verified genesis token-lock contract, 0xab7F…FC31 ↗, which holds the 111,440,207.33 $UFG genesis allotment (11.14% of supply) originally received by the launch wallet. The transfer has been completed (view transaction ↗). The tokens are locked for a minimum of 56 days; the controller can extend the lock in seven-day increments for up to three years. After the lock expires, a designated protocol multisig beneficiary will be able to claim the tokens. This allocation remains included in effective supply, and the backing figure shown above already reflects it.

Will other tokens send fees here?

The contract can receive ETH from any source, and the family design routes a fixed share of each later experiment's fees to this treasury. Whether any such product launches, and on what terms, is a separate future decision.

What are the risks?

Contract risk: the treasury is extensively tested — unit, invariant, and fork suites are public — but was not externally audited before launch, an explicitly accepted risk.

Chain risk: Robinhood Chain's core contracts are upgradeable by its operator and it runs a single sequencer.

Flow risk: future fees depend on Pons and on trading activity continuing.

And ETH itself: the redemption floor is denominated in ETH, not dollars.

Is this like OlympusDAO (OHM)?

No. Olympus grew its treasury by selling newly minted tokens and paid staking rewards in new supply, with no redemption right. $UFG mints nothing — supply is fixed and only falls as tokens are burned — pays no rewards, and redemption is a permanent contract function. Value appears only as ETH backing per token.

$UFG Contract ·