# SHYT: Community and Cold-Start Engine

SHYT is the community **MEME** token. It is the cold-start engine of House of Liquidity: it builds the crowd, the tape, and the first Treasury capital before HOLI exists as a live share token.

## Live on PONS

SHYT is **live on PONS**. Phase I is in progress: **initial Treasury accumulation is underway**.

| 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) |

## 5% tax, 80 / 20 split

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.

## Tax buybacks (Phase I)

Those Treasury buybacks accumulate as a Treasury SHYT position until that mark is about **$200,000**. After Genesis the tax is still **5%**, **80 / 20**, collected **in ETH on PONS**.

SHYT is not HOLI. Holding SHYT is not by itself a claim on the Treasury share. The token model — **fully circulating** supply (**market cap = FDV**), team **10%** lock on purchased supply, the HOLI relationship, and the value flow — is in [SHYT Tokenomics](/dual-token/shyt). That mark convention is how the Phase II trigger, NAV, and green-channel SHYT legs are priced.