$HEY

Today

Of its 12 uses, 5 are open today, 2 are open with nothing in them yet and 5 are not open yet.

• Request Researchopen today
• Lower HEY price for holding tiersopen today
• Research bountiesopen today
• Bonds behind claimsnot open yet
• API key allowance by holding tieropen today
• Early access to research notesopen today; nothing in it yet
• Advisory research-funding voteopen today; nothing in it yet
• Labelled paid placements priced in HEYnot open yet
• Research Terminal beta accessopen today
• Monthly treasury ledgernot open yet
• API and MCP credits paid in HEYnot open yet
• Evidence challengesnot open yet

How it launched

$HEY launched on Pons V2 on 9 September 2026: a bonding curve paired with ETH, one launch configuration, no presale. The curve opened at a 1.68 ETH valuation and graduated once 4.2 ETH had been raised; the raised ETH and the reserved 28.6% of supply seeded a full-range Uniswap v4 pool that Pons holds permanently. The figures below are the Pons V2 launch configuration HEY recorded on 9 September 2026 and the contract HEY verified at launch; they are not re-read from the chain on every visit.

Supply

1,000,000,000 HEY, fixed, as recorded at launch

Presale

None

Private round

None

Team premine

None

Creator tax

2% on each trade, paid to the treasury. Pons allows up to 10%.

Curve fee

1% on the ETH side of each curve trade; HEY reads the curve as closed

Snipe tax

Pons applies a 99% tax that decays to zero over the first three seconds, to everyone but the creator, the fee recipient and any bundle addresses declared in the launch transaction

Exempt at launch

Creator (sent the launch transaction): 0xfdfbcae9ed23dc88757a48b2c0cc3910e6c1afa6Fee recipient (the treasury): 0x8a267ca21d87497a9c758277bf662a33a22dcad5Bundle addresses declared in the launch transaction: HEY has not recorded them as data, so none are listed here. The launch transaction shows them.

Graduation

4.2 ETH raised, then a full-range Uniswap v4 position locked permanently through Pons

First utility

Request Research

What it is for

$HEY is working capital for evidence work, and it never buys a ranking or positive coverage. What each use does; the Today list above says which are open:

1. Pay for research and placements. Priced in HEY. Request Research: open today, priced lower for holding tiers; labelled paid placements: not open yet; API and MCP credits: planned.
2. Earn research bounties. Evidence work the treasury pays for: half at approval, half ninety days later if the evidence still stands.
3. Back a claim with a bond. A Scout bonds to claim a bounty; an owner may bond an update; a submission may carry one. Returned when the claim checks out.
4. Read with an API key. A key reads the same public data with a monthly allowance that follows your tier.
5. Read research first. New research notes open to accounts whose linked wallet reaches a holding tier 48 hours before they open to everyone (open today; no note has been approved yet). Everything else on HEY is the same for every reader.
6. Open the Research Terminal. HEY's deeper research workspace. Two ways in: hold at least $500 of $HEY in a wallet you sign in with — checked daily, kept while it stays at $450 or more, with one day of grace below that — or request early access and an admin reviews it by hand. Everything on the public site stays free. How Terminal access works
7. Vote on research funding. In rounds the founder opens, accounts with a linked wallet say where the treasury’s research third goes. Ballots are weighted by the $HEY each linked wallet held at the closing block, so a larger holding counts for more. The vote is advisory: the founder decides and publishes the outcome, and no vote can change a status, a score or a ranking.
8. One wallet, linked once. Every payment, payout and tier comes from the one wallet linked to your account by signature.
9. A treasury ledger. HEY’s ledger records every HEY payment its research economy handles — research requests, bounty funding and payouts, bond deposits and refunds — with its transaction, and HEY reads the treasury’s balance from the chain every day. The creator tax is paid to the treasury by the Pons pool hook when fees are swept; HEY has not yet recorded which asset each payment arrived in, and none of it is in the ledger yet, so no monthly statement has been published.

Research funding

The treasury’s research third pays for evidence work through research bounties: half at approval, half ninety days later if the evidence still stands. Rewards are set in dollars by tier and quoted in HEY once, from HEY’s own price reading, when a bounty is posted; treasury bounties in any month are capped at a share of the treasury. Every payout is a transfer the founder sends and HEY verifies on chain before it is recorded in the ledger.

Bounties

5 awaiting review · 0 claimable · 1 done

HEY committed

1,300,000 HEY

HEY owed

155,000 HEY

HEY paid out

155,000 HEY

Research funding vote

In rounds the founder opens, accounts with a linked wallet say where the treasury’s research third goes. Ballots are weighted by the $HEY each linked wallet held at the closing block, so a larger holding counts for more. The vote is advisory: the founder decides and publishes the outcome, and no vote can change a status, a score or a ranking. No round has been opened yet: the founder opens each round by hand, and it appears on the vote page when it opens. The vote page.

How $HEY is meant to work

1. 01Research demand↓
2. 02Use HEY↓
3. 03Fund useful work↓
4. 04Researchers / Scouts↓
5. 05Better evidence↓
6. 06Better HEY product↓
7. 07More research demand↺

Spend

Pay for scarce work or access.

Request Research: open today, priced lower for holding tiers; labelled paid placements: not open yet; API and MCP credits: planned.

Earn

Be paid for verified useful work.

Research bounties, paid from the treasury’s research third after a moderator approves the evidence.

Stake / Bond

Put something behind a claim.

Three bond kinds: a Scout claim bond, an owner update bond and a submission bond, returned when the work checks out.

Recycle

Treasury revenue funds more work.

By HEY’s policy, treasury revenue funds more work, in three equal parts: research bounties, infrastructure and data, platform operations. Its spending is not recorded in the ledger yet.

Your wallet

Connect to see your HEY balance and the research requests this wallet has funded.

Graduated

The curve raised its 4.2 ETH and trading moved to a Uniswap v4 position locked through Pons. Context only; it never affects rankings.

Raised on the curve

4.2000 of 4.2 ETH

Sold on the curve

714.3M of 714.3M HEY (100% of the sellable allocation)

Valuation

20.580 ETH when the curve closed; the pool sets it now

Market context

Context only, from HEY's own snapshots (DEX Screener, 6m ago). It never affects rankings.

Fully diluted valuation

$156K

Liquidity

$39K

24h volume

$2.3K

Receipts

Counted from HEY’s own tables just now. A figure HEY could not read says “not read”, never zero.

Research requests completed, paid in HEY

1

Research requests completed, asked free

7

Research notes approved

0

Bounties awaiting review

5

Bounties claimable

0

Bounties claimed, not yet handed in

0

Bounties done

1

HEY paid out for bounties

155,000 HEY

HEY owed on awarded bounties

155,000 HEY

Bonds held now, refunds due included

0

Of those, refunds due

0

Bonds returned

9

Bonds kept after a finding

0

Funding-vote rounds opened

0

Funding-vote rounds with a published outcome

0

HEY into the treasury, confirmed in the ledger

191,250 HEY

HEY out of the treasury, confirmed in the ledger

265,250 HEY

Treasury

HEY’s policy splits the creator tax paid to the treasury in three equal parts: research bounties, infrastructure and data, platform operations. Its spending is not recorded in the ledger yet.

HEY reads the treasury’s balances from the chain every day. Since 11 Sep 2026 they have moved more than HEY’s ledger explains: HEY went from 24,291,251 to 33,980,042 (+9,688,791), as high as 34,090,042 on 8 Oct 2026, while the ledger’s confirmed rows in that time add 191,250 in and 265,250 out (net −74,000); ETH went from 0.6050 to 0.0853 (−0.5197), as high as 5.0762 on 12 Sep 2026, while the ledger records no ETH in that time. The ledger holds no creator-tax row. Until the creator tax and the treasury’s spending are recorded, HEY publishes no statement and makes no claim about how past creator tax was spent. Anyone can trace the flows from the treasury address on the explorer. The treasury on the explorer ↗

The treasury ledger says what the ledger records today.