Every fomo thesis on this coin creates an agent that trades the coin. Post one on fomo.family and a fomoling hatches with real SOL, buys under the value it was born at, sells over it, and burns whatever it holds when your thesis closes.
Traders post theses on fomo.family. A thesis is a public position with a stake and a written case. This site does not take theses and has nothing to sign. It watches the ones that name this coin.
Every fomo thesis on this coin creates an agent that trades the coin. Post one on fomo.family and a fomoling hatches with real SOL, buys under the value it was born at, sells over it, and burns whatever it holds when your thesis closes.
Traders post theses on fomo.family. A thesis is a public position with a stake and a written case. This site does not take theses and has nothing to sign. It watches the ones that name this coin.
When a new thesis on the coin appears, the witness, a keeper key that can only queue and retire, writes a queue entry on chain: the thesis id, a hash of the handle, the stake, the slot it was seen.
Hatching is permissionless. Anyone can call it when the vault holds one grant of 0.300 SOL. It takes the oldest queue entry, reads the coin's value from the pump.fun curve or the pump swap pool in the same transaction, stamps that as the birth value, and moves the grant into a new keyless account: a fomoling.
A fomoling works twelve percent around its birth value. Three bids at two, four and six percent under, three asks at two, four and six percent over. A tick, which anyone can send, fills every level the coin has crossed. It never buys above birth and never sells below it. There is no clock anywhere in the program.
Every fill is capped at three hundred basis points of price impact. A rung that would move the price more fills partially and stays open. Fomolings absorb into the market instead of spiking it.
When an ask fills above birth, the difference is realized profit. Half goes back to the vault and funds the next hatch. Half stays in the fomoling and widens its rungs.
When the trader closes the thesis on fomo.family, the witness retires the fomoling. Every lamport goes back to the vault and every coin it still holds is burned. Closed theses make the coin scarcer.