✦ The arrangement · 2026-08-14 · 5 min ✦

Why the stream pays WETH, not our own token

Reflection tokens are an old idea: tax every trade, hand a share back to holders. The 2021 cohort proved the demand — and then proved the failure mode. SafeMoon taxed 10% and paid its reflections in SafeMoon; when the price fell more than 80% from its peak, the "rewards" fell with it, and an audit found 12 vulnerabilities in the contract on top, including admin switches that could raise the fee to 100%.

EverGrow was the first to learn the lesson: it taxed 14% but paid holders in a stablecoin, not itself. Later, revenue-share products like Banana Gun normalized the pattern — 40% of fees routed to holders in ETH, a stream you could actually spend.

“A dividend in your own scrip is a promise. A dividend in WETH is a payment.”

So the desk pays WETH. 30% of the tribute — 0.81% of every dollar traded — streams to holders in the chain's canonical hard asset, vesting over 14 days. Sell early and the unvested slice is forfeited to the patient. The other lesson from 2021 is stitched in beside it: the tribute is a flat 3% both ways, immutable, with no admin lever to quietly raise it.

None of this makes the token safe — nothing does that. It makes the failure modes we could copy from history harder to repeat.