GAP · $BELL

The economy

Tokenomics

Zero-sum by design. No emissions, no countdown. The pot is funded by losing stakes — never by an inflationary faucet.

Stake, don't burn on entry

Opening a position locks $BELL — it does not burn yet. What happens at resolve:

  • Wrong — 80% of the stake is burned (sent to the dead address, gone forever); the remaining 20% moves into the Floor Pot.
  • Right — the full stake is returned, plus a weight-proportional claim on the pot.
  • VOID — 100% refund, zero burn.

The Floor Pot is zero-sum — that's the whole point

The pot is not minted. It fills only from money already in the game: losing stakes today, plus a share of swap fees once the fee router ships (below). Every wrong call shrinks $BELL supply. Nothing pays you from thin air.

Why this avoids a death spiral

Play-to-earn economies like STEPN and Axie died because an inflationary reward token was minted faster than it was sunk — sources far exceeded sinks, and the token collapsed. As one designer put it: "if a late player can't have fun without earlier players losing money, you don't have an economy — you have a countdown." GAP has no such countdown: rewards come from a fixed pool funded by the losing side (and, later, fees), so the system can't hyper-inflate its own reward. Presence is rewarded; emissions are not the mechanism.

Payout weight — anti-whale, anti-tourist

Among the winners, the pot is split by weight, not by raw stake:

w = √stake · ln(1 + hold₁₄d) · streak
  • √stake — the square root is mandatory, so one wallet can't eat the pot by sheer size.
  • ln(1 + hold) — your time-weighted $BELL held over the last 14 days (snapshotted on-chain, not just your balance at claim), so tourists who buy in at the last second don't out-earn holders.
  • streak — a weekend streak multiplier: starts at 1.0, +0.05 per consecutive resolved weekend, capped at 1.5. A banked freeze covers one skipped weekend; an uncovered skip resets it to 1.0.

Fee flows & pot inflows

Day one, the pot is funded by wrong-side stakes — 20% of every losing stake, on-chain, live. The swap-fee inflow is a post-launch add-on, not live at launch.

$BELL trades with a 0.25% swap fee. The token creator earns a share of it — roughly 40% of the ETH-side of that fee (about 0.10% of ETH-denominated volume), and it arrives as ETH, claimable, not as $BELL. Turning that into pot fuel needs a small fee router that claims it, swaps ETH → $BELL, and calls the pot's depositFees() — which already enforces the 50 / 30 / 20 split (pot / buyback-and-LP / insurance) on-chain. That router ships after launch; until it does, swap fees do not reach the pot.

The pot draws from four sources:

  1. 20% of every wrong-side stake (live)
  2. The pot's share of the 0.25% swap fee (post-launch — needs the fee router)
  3. Listing bonds — slashed into the pot if a listed market never clears its volume floor (roadmap)
  4. Agent toll — a +2% surcharge on positions opened by contracts/agents; EOAs pay none (roadmap)

Insurance vault & no team tap

A separate insurance vault pays VOID rebates and poke bounties and backstops future custody features. Crucially, no admin can withdraw the pot, the insurance, or locked stakes to a team wallet — there is no team tap by construction. The $BELL token itself trades 24/7 with no session gate. See Non-Custodial & Security.