Project M (SOAP) is an autonomous, decentralized economic engine running on the Ethereum Blockchain. It operates on a closed-loop "Treasury" system with no external liquidity pools.
WARNING: This protocol involves high-risk financial mechanics.
Function: join()
Registers a wallet address and mints the initial 1.0 SOAP allocation. You can only JOIN once. After joining, your address is permanently recorded in the ledger.
Function: mine()
The Global Level rises when other users Join or Mine. If your Level is lower than the Global Level, you are "Behind." You must pay the ETH difference to catch up. In return, you mint new SOAP tokens.
Why Mine? Failure to mine results in dilution as the total supply grows without you.
Function: burnSoap(quantity)
Destroys your SOAP tokens permanently to redeem your share of the Treasury.
Taxation: A 4% Safety Tax is deducted from the payout and left in the Treasury to support remaining holders.
Function: inject()
Sends ETH directly to the Treasury without minting tokens. This immediately raises the "Floor Price" (Book Value) for all existing tokens.
The machine does not run on time; it runs on volume.
Every minting event fills a "Volume Bucket." The size of the bucket equals the current Level number (e.g. Level 50 needs 50 tokens). When the bucket overflows, the Global Level increases. As the Level gets higher, it requires exponentially more ETH to move the needle.
The pricing algorithm changes gears every 10 Levels. Crossing a "Decade Wall" (e.g. 19 -> 20) doubles the cost for all future entrants.
| STATE | DESCRIPTION | ACTION |
|---|---|---|
| ACTIVE | User Level matches Global Level. | Hold or Inject. |
| LAGGING | User Level is lower than Global. | MINE to catch up. |
| DORMANT | Balance is 0, but address registered. | MINE to Re-Enter. |
IMMUTABLE | DECENTRALIZED | EXPERIMENTAL