FAQ

What is $UFG?

$UFG is a fixed-supply token. Its trading fees accumulate in an immutable ETH treasury. Holders can burn $UFG for ETH at any time. The ETH backing per token never declines.

$UFG is the first treasury in a planned family of on-chain experiments under one identity. Each later product would run its own fixed, disclosed strategy in its own contract. Each would pay a small share of its fees to the original $UFG treasury.

Where does the treasury's ETH come from?

The treasury earns creator fees on $UFG's own market. The Pons V2 fee escrow credits those fees to the treasury. Anyone can call collect() to claim the credited ETH. Every redemption makes the same claim before it pays out.

The contract also accepts ETH from any sender. Donations and any future fee routing from family products arrive the same way.

What exactly happens when I redeem?

You burn $UFG and receive 98% of its pro-rata claim on the treasury's ETH. The remaining 2% stays in the treasury. The full burned share leaves the supply, but only 98% of its ETH leaves the treasury. Backing per remaining token therefore rises with every redemption. Measured in ETH, the backing per token never falls.

Does the treasury invest, lend, or buy back?

No. The treasury never trades, lends, stakes, or buys its own token. It pays no distributions. Holding $UFG is exposure to ETH plus this fee stream and nothing else. Strategies with more risk belong to separate future products, each with its own contract and its own disclosures.

Who controls the contract?

No one. The contract has no owner, no pause, no upgrade path, and no parameter setter. The only administrative power that ever existed was a one-time token binding. That power was used at launch. See the contract ecosystem page for the verified source.

Who is the largest holder?

The largest holder is the verified token lock contract at 0xab7F…FC31. It holds the 111,440,207.33 $UFG genesis allotment, which is 11.14% of supply. The launch wallet received these tokens at launch and transferred them to the lock on September 7, 2026.

The tokens are locked for a minimum of 56 days. The controller can extend the lock in seven-day steps for up to three years. After the lock expires, a designated protocol multisig beneficiary can claim the tokens.

This allocation remains in the effective supply. The published backing figure already reflects it.

• Contract: https://robinhoodchain.blockscout.com/address/0xab7F0b1f87318415352138d09E09BE2275C8FC31

• Transfer: https://robinhoodchain.blockscout.com/tx/0x96b852568bc9f8630ec781008693b3da79e7ccef8a216ebf0437acc9a132a2ab

Will other tokens send fees here?

The contract can receive ETH from any source. The family design routes a fixed share of each later experiment's fees to this treasury. Whether any such product launches, and on what terms, is a separate future decision.

What are the risks?

• Contract risk. The treasury has public unit, invariant, and fork test suites. It was not externally audited before launch. UFG accepted this risk explicitly.

• Chain risk. Robinhood Chain's core contracts are upgradeable by its operator. The chain runs a single sequencer.

• Flow risk. Future fees depend on Pons and on continued trading activity.

• ETH risk. The redemption floor is denominated in ETH, not dollars.

Is this like OlympusDAO (OHM)?

No. Olympus grew its treasury by selling newly minted tokens. It paid staking rewards in new supply and offered no redemption right. $UFG mints nothing. Its supply is fixed and falls only when holders burn tokens. It pays no rewards. Redemption is a permanent contract function. Value appears only as ETH backing per token.