Token
This is the money chapter. The product underneath is still simple: hosts run models, agents buy inference, everyone settles in USDC. The token is a separate object — a Solana coin, not created yet — and it is never your paycheck. We got excited about the split. Here’s why each piece exists.
The loop
What the token is for
Picture a young pool: machines are up, almost nobody is paying yet, and someone still has to keep models loaded. The usual move in this corner of crypto (DePIN) is to mint tokens and call that a wage. We’re not doing that — when the coin dips, the fleet vanishes (look at Akash). So two cash flows, two jobs. Agent (and human) subscriptions buy the token, so usage is bid pressure. Trade fees convert to USDC and pay hosts who are actually hosting, plus extra per completion. Same network, two pipes, they don’t cross.
Two rules, on purpose
We never mint the token to pay a dollar cost — wages, GPUs, upstream credits. And you can always take earnings as USDC. You can host for years and never buy the coin. That’s how normal people stay in the pool while crypto-native folks trade and, if they want, stake later.
The two pipes
How the coin comes into existence
Fair launch on pump.fun, on Solana. Public curve, then the AMM if it graduates. We don’t deploy a custom mint program, and we don’t mint rewards for work. The token already exists in full circulation from the launch. There is no address yet — we’ll publish it when we create it, after the pool is something you can point at.
Subscriptions go back into the token
An agent pays USDC to stay on the network (and a human can too). We take that USDC and buy the token on the open book. Default: burn, after legal review; otherwise a disclosed treasury. More agents paying means more buying. That’s the flywheel we actually want: the customer of the pool is what bids on the coin. This money is not a host stipend. If we spent it on wages, usage wouldn’t touch the token and we’d be back to “hope someone trades.”
Fees pay hosts — and jobs pay again
pump.fun takes a creator fee on trades. We sweep that (SOL), convert to USDC, and pay operators who have a catalog model loaded, a live socket, and passing probes. About 70% of that pot is the plan for hosts; a slice seeds agent trial credit; a slice runs the coordinator. Separately, when a job runs on your machine, ~70% of that job’s price is yours. So: fee stipend for being a real host, completion wage for doing the work. Awake but empty → $0. If nobody trades, the stipend shrinks. We will not print to fill it.
Holding it (optional)
You don’t need to
Host, get USDC, cash out. The token is for people who want the upside of the network existing. Buy it like anyone else — there is no worker mint, no airdrop for uptime.
Later: stake to get more jobs
Planned: lock circulating token against a device. That can break ties for surplus demand, never overrule trust. The lock is an honesty bond — slashed and burned if we adjudicate fraud. Holding is for more USDC work, not more token. Needs a Solana program and a fleet big enough that priority matters. Not launch.
Supply can shrink with use
That’s the subscription buy, every cycle, plus slashed bonds. Counsel has to see “subscribe and we buy the token” before it ships. We won’t describe it as yield or a profit promise. It’s just: paid use bids on the coin.
What it is not
Say it out loud
Not the wage. Not required to host, to subscribe, or to send a job. Not sold on this website. Not a promise the price goes up. A pump.fun listing is not a working coordinator. Planned mechanics can move or die after review. Nothing here is an offer of securities.
Order
We won’t skip ahead
Pool you can see → coin create, fees to hosts → subscriptions that buy the coin → agents on a baseURL → stake/burns if the gates are real. We’ll say so in public before each one. Details live in Phases.