Pawcket token · holders

Hold the Pawcket token. Earn from every loan.

70% of every loan fee accrues to a holder reward pool, airdropped in ETH on a randomized 5 to 10 day cadence to every holder of the Pawcket token pro rata. Real yield, onchain payout, no staking, no lockup.

Accruing now
0.00001979 ETHsince the last snapshot
0 ETHpaid to holders lifetime
0distributions
70%of every fee

Contract 0xc383c91ef9bda454a55698cb0e7b040b27623bbf

How it works

Loans pay. Holders get paid.

Loans pay fees

Every borrow, extension and exit pays a fee, split 70 / 10 / 10 / 10: holders, lenders, referrers, reserve. No referrer? That 10% rolls to holders.

Random snapshots

Every 5 to 10 days, at an unpublished moment, the protocol snapshots every wallet holding the Pawcket token onchain, excluding DEX pools and protocol accounts.

Paid in ETH

Each holder's pro rata share is sent straight to their wallet in one batched transaction. No claim button, no signing. ETH just appears.

Fee split

Holder first. Real revenue, onchain.

Every fee splits four ways. Hold the Pawcket token at snapshot time, get real ETH from real loans.

70%10%10%10%
Token holders · 70%Airdropped in ETH on a random 5 to 10 day cadence
Lenders · 10%Stays in the pool the moment a loan funds
Referrers · 10%Rolls to holders while a loan has no referrer
Protocol reserve · 10%Gas for engines, audits, keeper bounties
Distributions

Every snapshot, on the record.

#DateHoldersPoolStatusTx
No snapshots yet. The first one fires after the token launches.
Questions

Holder FAQ.

01Do I have to stake to earn?
No. Just hold the Pawcket token in any wallet you control. The protocol snapshots onchain balances directly. No staking contract, no lockup.
02How do I receive my ETH?
Automatically. Every 5 to 10 days the protocol snapshots all holders and sends each their share onchain. No claiming, no signing, no account.
03When do distributions happen?
At random, on purpose. Unpublished timing stops snapshot sniping. Long term holders catch more snapshots and earn more.
04Which wallets are eligible?
Every onchain holder of the Pawcket token except DEX pools, the burn address and the protocol's own wallets. Tokens locked as loan collateral count for their borrower.
05What if a transfer fails?
Failed transfers are retried on the next cycle. Your reward stays earmarked until it lands.
06What happens to the Pawcket token when it defaults as collateral?
It is burned, not sold. Every such default shrinks supply and grows every remaining holder's slice of the next payout.

Real yield from real loans.

Hold the Pawcket token, get 70% of every fee in ETH. Nothing to stake, nothing to claim.