How Patron works
Five rules, enforced by contracts, that make it safe to launch a meme for someone else.
01
Where one dollar of trading goes
Every trade pays a 1% fee, split three ways by the contract at the moment of the trade.
$1.00traded →1¢fee
0.50¢Beneficiary vault50% to 80%, depending on the creator's dial. Pays out as coupons.
0.30¢Creator0% to 30%. On a Tribute, at most 10%, held until the person claims.
0.20¢PatronAlways 20% of the fee. Nothing from payouts.
02
Coupons: fixed, capped, price-blind
The payout schedule is a sheet of coupons. Each pays the same amount on its date, once the vault can cover it.
FixedAmount, interval and count are written at launch.
Price-blindPrice only changes how fast the next coupon fills.
CappedAfter the last coupon, inflows go to the Commons pool.
03
Who sees what
The money is public. The person is not. Identity-anonymous. On-chain, a payout can still be linked to its cause.
| Public | Verifier | Patron | Auditor | |
|---|---|---|---|---|
| Cause, target, schedule | Yes | Yes | Yes | Yes |
| Every vault movement | Yes | Yes | Yes | Yes |
| Each payout and its proof | Yes | Yes | Yes | Yes |
| Whether the person consented | Tag | Yes | Yes | Yes |
| Who the beneficiary is | — | Yes | — | By law |
| Payout address, linked to the person | — | — | — | By law |
04
Anonymous claims
Verifiers know the person. Patron never does. The chain only learns that a verified bearer was paid.
- 1Beneficiary creates an identityIn their own browser. It never leaves the device.
- 2Verifier records a commitmentA one-way fingerprint, after checking the person privately.
- 3A coupon opensOn its date, once the vault can pay it.
- 4The bearer proves and is paidA zero-knowledge proof made locally. Patron pays the gas.
05
Tribute coins
How to launch a coin about someone who has not agreed yet, without anyone profiting from their name.
A Tribute is reserved for the person it is about.They can claim it anonymously through a verifier within the window. The creator's share, at most 10%, is held until they do. If nobody claims, the vault and the held share go to the Commons pool.No photos of real people, ever. Cartoons and text images only.
Questions
Can holders pressure the beneficiary?No. The beneficiary holds no tokens and has no public wallet, and payouts were fixed at launch.
What if the price goes to zero?Paid coupons stay paid. The next ones fill more slowly. Their amount never changes.
What if the vault collects more than the cap?After the last coupon, new inflows go to the category's Commons pool.
Who decides who is real?Verifiers on Patron's allow-list. Patron does not judge causes; it enforces rules.
Is buying a token a donation?No. Buying is support: part of the fee fills the vault. The token carries no claim on the vault.
Does the fair launch stop bots?The limit is per wallet. It slows bots and bundlers down; it can't stop one person using many wallets.
Where does Commons pool money go?Only to verified causes in the same category, never above what a cause still needs, and at most half of a category's pool per 90 days. Every grant is posted for 7 days before it can execute. Surplus from Creator coins can go to any verified cause.See the Commons pool
Can someone launch a coin about me?Yes, as a Tribute. Claim it anonymously, or let it go to the Commons pool.