# SHYT Tokenomics

The dual-token design splits community bootstrap from Treasury capitalization. SHYT builds community, tape, and initial capital. HOLI in Phase II carries Treasury accounting, staking, and later issuance. They are linked by funding and participation. Convert price is the pool and the market.

| | SHYT | HOLI |
| --- | --- | --- |
| Function | Community meme token and bootstrap engine | Reserve-backed Treasury share and liquidity intermediate |
| Status | Live on PONS; Phase I underway | Phase II Genesis; at full quota **200,000 outside/circulating** |
| Role | **5%** tax in ETH; **80%** Treasury buys SHYT; **20%** development | Treasury-reserve backed; NAV accounting; common counterparty for multi-asset liquidity |
| Participation | Buy HOLI at market via the SHYT/HOLI base pool; remains after Genesis | Main channel at **$1**. Thereafter stakers mint at **69%** of market only when premium **>45%** and average age **>7 days**. <Md expr="w" /> caps after **30 counting days** |
| Claim | Not by itself a claim on Treasury | Rights, redemption, and governance per final contracts and terms |

SHYT is the **community meme token**. It is not a Treasury share. It is not HOLI.

This page is the token model. SHYT's job as a cold-start *component* is in [System Architecture](/shyt). HOLI's token model is [HOLI Tokenomics](/dual-token/holi).

## Token contract

| Item | Info |
| --- | --- |
| Network | Robinhood Chain |
| Token contract | [`0x0105Bf7d7e7d883145806a1e5664470Ee2d1518e`](https://robinhoodchain.blockscout.com/token/0x0105Bf7d7e7d883145806a1e5664470Ee2d1518e) |
| Trading tax | **5%**, collected **in ETH on PONS** |
| Tax allocation | **80%** to HOLI Treasury and buys SHYT; **20%** to development. Same before and after Genesis |
| PONS page | [SHYT Launchpad](https://www.ponsfamily.com/launchpad/0x0105Bf7d7e7d883145806a1e5664470Ee2d1518e) |
| Explorer | [Blockscout](https://robinhoodchain.blockscout.com/token/0x0105Bf7d7e7d883145806a1e5664470Ee2d1518e) |

## Tax

Every SHYT trade takes **5%**, collected **in ETH on PONS**. **80%** to HOLI Treasury and buys SHYT; **20%** to development. Same before and after Genesis.

Phase I accumulates those Treasury buybacks to ≈ **$200,000**. [Phase I](/launch/phase-i).

Tax is a property of the token. It is how community tape becomes Treasury inventory.

## Fully circulating

SHYT does not inflate. The issued supply is the whole supply. There is no SHYT emission schedule, no SHYT mint-to-swap, and no SHYT premium issuance. SHYT is **fully circulating**; **market cap = FDV**. That mark convention is how the Phase II **trigger**, **NAV**, and **green-channel** SHYT legs are priced — not a circulating-vs-FDV split.

**Team vesting:** team holds **10% of purchased SHYT total supply**. That is a lock on issued tokens, not new mint. Milestone unlock: **2% / 3% / 5%** when **SHYT market cap** or **House of Liquidity Treasury TVL** reaches **$1,000,000 / $5,000,000 / $10,000,000**; **either** suffices. **2% + 3% + 5%** = the team's **10%**. Unmet remainder **stays locked**. The rest is circulating. Full table sits in [Team Tokenomics](/dual-token/team), not here as a second story. **HOLI management mint is separate from SHYT vesting.**

## Relationship with HOLI

SHYT and HOLI are linked by funding and participation. They are not the same asset. They are not a fixed-ratio convert.

Holding SHYT is not by itself a claim on Treasury. The path from SHYT activity to HOLI backing is [SHYT → HOLI Value Flow](/dual-token/value-path).