Self-pumping yield

Most "revenue share" memecoins have the same problem: someone's wallet sits between the revenue and you. Ours doesn't. Here's the full picture. The stack @Lighter\_xyz — the zk perp exchange — just launched a dedicated instance on Robinhood Chain: real stock perps (SPY included), settled in USDG, secured by zk proofs. As far as we can tell, $SPY6900 is the first token built on top of it. The machine Every buy and sell of $SPY6900 pays a 3% tax. That tax is dispatched — by @flapdotsh's launch contracts, not by us — straight into a vault contract. The vault swaps it to USDG, deposits into Lighter, and runs a 3× leveraged long on SPY. Every \~8 hours, realized profit is withdrawn, buys back $SPY6900, and burns it at 0xdEaD. Why you don't have to trust us 1\. Launched through @flapdotsh's vault standard: the tax rate and routing were fixed at launch. We can't raise the tax, redirect it, or touch it in flight — the dispatch isn't our code. 2\. The vault CONTRACT owns the Lighter account. Not a dev wallet — the contract itself. By @Lighter\_xyz's own protocol rules, withdrawals from contract-owned accounts can only pay the account's owner. The money physically cannot exit anywhere but the vault. 3\. The vault has exactly one exit: buy $SPY6900 and burn it. No function exists — for us or anyone — that sends funds to an arbitrary address. It's non-upgradeable, so that stays true forever. 4\. Everything is source-verified on Blockscout, and we ran the entire loop end-to-end on mainnet with dust before launch. Every leg is a clickable transaction on the terminal. The honest part 3× cuts both ways: faster burns when SPY climbs, amplified drawdowns when it doesn't. The keeper auto-reduces past a \~17% drawdown, liquidation sits near −30%, and the live position — leverage included — is on the terminal at all times. We can't hide it, and we wouldn't. Our bot can only push the loop forward. If we vanished tomorrow, the worst case is money parked at an address that can only ever burn. SPX believes. We bought the index. 🔥