Refundable
Last updated
Last updated
This model offers a straightforward yet powerful concept: when you sell, you get your money back at the price you originally paid, not at a price manipulated by whales or early sellers. It introduces a layer of security previously unseen in meme coin trading, allowing degens to participate confidently.
Our custom smart contracts implement an innovative calculation called asitWas—a theoretical number of tokens that would have been acquired if the seller had been the final buyer. When a user sells, the system ensures that any excess tokens (the difference between what they hold and the asitWas amount) are redistributed to investors who entered at a higher price.
This mechanism balances the curve, smoothing out price fluctuations while fairly distributing value among participants. Essentially, it prevents extreme sell-offs from unfairly impacting later buyers, making it a fair redistribution system for meme coins by shifting excess gains from early sellers to those who took more significant risks.