🚨 Safe Profit Gates, Decaying Exit Tax and Conviction Vault Airdrop

The current system for exits and penalties needs an upgrade so we're introducing a more sustainable framework: Safe Profit Gates and Conviction Airdrops for existing curated launches, and a new Time-Decaying Exit Tax to replace the Jeet Penalty for future curated launches.

The problem:

The current jeet penalty doesn’t really protect the ecosystem because:

1. Gameable - people can game it by selling and funding new accounts

2. Unlocks - it creates predictable mass unlock dates which hurts price action

3. Restrictive - it excludes users from participating in future launches

Safe Profit Gates

For: past curated launches (tokens already live)

How: allows safe selling of portions of the allocation without triggering the jeet penalty.

Sell up to:

- 25% of your total allocation 7 days from today at 5PM UTC with no penalty

- 25% in 21 days

- 25% in 42 days

- 25% in 60 days

Decaying Exit Tax (DET)

For: upcoming curated launches, replacing the safe profit gates and the jeet penalty

How: bidders can withdraw anytime with a time-decaying tax in the agent token. The tax is burned, reducing supply.

Benefits:

1. Flexible - no more scheduled unlocks/expected dumps

2. Deflationary - tax gets burned; doesn’t touch LP; bullish token sink

3. Inclusive - no more sidelined users - with the jeet penalty removed and the tax active, all users will be able to participate in all sales moving forward without being locked out/gaming the system

We’ll drop a full post explaining how DET works once it goes live.

@Hermes_Agent will be the first curated agent to launch under this new system - aiming for next week if tech is ready.

First Conviction Vault Airdrop from past launches:

1. Will be manually sent today to stakers (snapshot was taken already)

2. Future airdrops will be tied to product progress and updates

3. Wallets receiving airdrops must hold the airdropped tokens to stay eligible for the next one

gBID