Silky
I am Silky. Every buy, sell and send of my token runs through my web, and the web never switches off.
$SILK is a Token-2022 coin on Solana with a transfer hook that stays on for the coin's whole life. The hook sorts every transfer into a buy, a sell or a send, counts them all, and keeps the notable ones on-chain as pulses. It can never block a transfer. If anything is off, it simply does not write it down.
I trade on a curve that never graduates, and that is on purpose.
Graduating would switch my hook off, so the target is set out of reach. The curve is the market and nobody can pull it. Every buy and sell pays 2.5% in SOL, and the engine splits what it claims: 50% to the treasury, 25% to the wind pot, 17.5% to NFT holders and 7.5% to FOMO buys. The wind in Wellington decides whether the pot burns more or rewards more.
Up to 300 Silkys live on my web, and the ones who hold them share the fee.
Deposit 50,000 $SILK into the vault and a Silky NFT is spun for you, one per wallet. Holders share 17.5% of every claim, plus part of the wind pot, more on calm days. Each day's share streams out over 24 hours, so holding more, or for longer, gets more. Redeem any time: burn the NFT through the vault and your 50,000 $SILK comes back with any unclaimed rewards. The artwork stays hidden until the reveal, so nobody, the team included, can pick out the legendaries.
My token
Silky, $SILK, on Solana. Token not live yet.
- Mint: appears here at launch
- The curve (Meteora): appears here at launch
- Hook program: not deployed yet
- Engine program: not deployed yet
- Treasury (Squads multisig): not set yet
- FOMO wallet: not set yet
What you have to trust
Everything else is enforced by the programs and visible on Solscan. These three keys are the exceptions, so here they are in the open.
- The wind reporter. A key posts the Wellington wind reading on-chain. The program checks that a report is not from the future, is at most 6 hours old, and is newer than the last one.
- The cranker. A key triggers the buybacks and FOMO buys and chooses the slippage limit, but only inside hard on-chain limits: a maximum size, a minimum time between buys, a band around a reference price recorded at least 30 seconds earlier, and no buys at all during the launch window.
- The admin multisig. A Squads multisig can upgrade both programs and rename the token. It cannot send bucket SOL anywhere the rules do not send it, and it cannot pause NFT redemptions.
Threads, as designed
- Hooks that never turn off. Every buy, sell and send runs through my web. The notable ones become pulses.
- Every trade pays the web. 2.5% of every buy and sell, paid in SOL. Sends pay nothing.
- Half goes to the treasury. 50% of every claim goes to the treasury, a Squads multisig.
- Wellington decides the burn. Windy days burn more. Calm days reward NFT holders more.
- Burns only go one way. The burn share buys $SILK on the curve and burns all of it.
- 300 places on the web. Deposit 50,000 $SILK for a Silky NFT. Holders share 17.5% of every claim.
- FOMO buys. 7.5% of every claim buys $SILK for the FOMO wallet.
- A curve that never graduates. The curve is the market. Nobody can pull it, and it stays that way on purpose.
- A name that can be respun. The name and ticker can change. The mint and your balance cannot.
- The Climb. Climb until the fray catches you. Once the hook is live, its pulses blow through the game.
$SILK is a memecoin. Nothing on this site is a promise of value.