whitepaper
launch coins backed by prediction markets.
tldr
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anytime you buy a meme post-bond, you're also buying the underlying polymarket position
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if the poly position is worth 50¢ and goes to $1, your MEME is exchangeable for 2× the value it was before — so it goes up 2× even if nobody else buys
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the DLMM pool exists so the coin is routable through jupiter (BRAZIL-USDC). the actual meme pool is MEME-BRAZIL
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arbers buy the real polymarket position in exchange for BRAZIL tokens to keep our pool pegged to polymarket
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works for the ~5–10 most liquid markets on polymarket
walkthrough — MEME-BRAZIL
say we want to launch MEME-BRAZIL for brazil winning the world cup.
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coin starts as a normal meme — bonding curve with a MEME / USDC pool
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curve needs $7k of USDC in the pool to bond
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at bond:
- $3.5k (50%) goes to buy the real polymarket YES position
- $3.5k (50%) sets up a DLMM pool with a synthetic
BRAZILtoken at the odds we bought (e.g. 50¢)
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the meme migrates to a MEME-BRAZIL pool on DAMM v2 — that's where you actually trade it
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as people buy MEME, jupiter auto-buys BRAZIL on the DLMM pool — natural arb keeps everything aligned
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a mint contract for BRAZIL lets arbers swap real polymarket positions for BRAZIL, keeping its price pegged to polymarket
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at resolution:
- BRAZIL wins → BRAZIL goes to $1, pool migrates to MEME-USDC, coin trades like a normal meme forever
- BRAZIL loses → BRAZIL goes to $0, the meme is worthless
why it pumps even when nobody's buying
normal memecoins only go up when people are buying. ours go up whenever the underlying polymarket market moves — because the pool's quote token (BRAZIL) is literally pegged to the polymarket price.
if you bought at 50¢ odds and brazil's odds drift to 75¢, BRAZIL revalues 1.5× and the meme's USD price goes up 1.5× mechanically. at resolution if brazil wins, BRAZIL goes to $1 — so a coin bought at 50¢ odds pumps 2× as a floor, before any memetic ramp.
this makes underdog markets (low odds) the most explosive — they have the biggest mechanical floor pump on resolution.