3,000 seats.
Quorum or refund.

01Overview

QUORUM is a fair mint on Elysium, paid in native HYPE. There are 3,000 seats at one fixed price. Every seat comes with 200,000 QUORUM. When seat 3,000 is minted, that same transaction pays the team its share, creates the QUORUM/WHYPE pool, adds the liquidity, burns the LP tokens and turns on trading.

Until then, every HYPE paid stays in the mint contract. Nobody, including the team, can take it out. If the 3,000 seats aren't filled within 7 days, minting closes for good and every minter can claim 99% of what they paid back.

No presale, no free seats, no team tokens. A "quorum" is the minimum number of members a meeting needs before it can decide anything. Here the decision is opening the pool, and it takes all 3,000 seats.

02How it works

1. Take a seat. Mint 1 to 10 seats at 0.03 HYPE each. Each seat gives you 200,000 QUORUM straight away. Until quorum, those tokens sit in your wallet and can't be moved.
2. Seats fill. Every HYPE paid stays in the mint contract, next to the tokens set aside for the pool. The team has no way to withdraw it.
3. Quorum. The transaction that mints seat 3,000 sends 25% of the held HYPE to the team, puts the other 75% into the pool with the pool's tokens, sends the LP tokens to the dead address and enables trading.

03The terms

• Seats: 3,000
• Price: 0.03 HYPE per seat, paid in native HYPE. Anything sent above the cost is returned in the same transaction.
• Tokens: 200,000 QUORUM per seat
• Per wallet: up to 10 seats
• Free seats: none. There is no Agent ID on Elysium, so a free allocation would be farmed by fresh wallets.
• Window: 7 days from the moment minting opens
• If the window ends without quorum: 99% of what you paid comes back (section 09)

Seat 1 and seat 3,000 pay exactly the same price.

04Where the HYPE goes

Until seat 3,000 is minted, all of it stays in the mint contract. If all 3,000 seats fill, 90 HYPE has been paid in total, and at quorum it is split once:

• 25% to the team: 22.5 HYPE
• 75% into the pool: 67.5 HYPE, together with 450,000,000 QUORUM

The LP tokens are sent to 0x000000000000000000000000000000000000dEaD. Nobody can remove that liquidity. If quorum isn't reached, the team gets only the 1% refund fee.

05Supply

• Hard cap: 1,050,000,000 QUORUM
• 600,000,000 (57%) to minters, 200,000 per seat
• 450,000,000 (43%) to the pool, 150,000 per seat
• 0 to the team. No presale, no vesting, no unlocks.

Tokens are only created when a seat is minted. After seat 3,000 nothing more can ever be minted. If quorum isn't reached, every refund burns that minter's tokens.

06Trading tax

• Buy: 2.5%
• Sell: 2.5%
• Wallet to wallet: 0%

All of the tax goes to the team, swapped to HYPE. Nothing is burned. The tax only applies to trades against the official pool, and the rates are constants in the token contract that nobody can change.

Tax tokens are swapped through a public function anyone can call. Each call is capped at 0.1% of the pool's token reserve and only one swap can run per block, so the team's tax is never dumped in one go.

07One official pool

QUORUM refuses transfers to any other pool that holds it. If someone creates a second QUORUM pool, it can't receive the token, so liquidity isn't split across copies and the tax can't be dodged. Ordinary wallets and smart wallets are never affected.

08Team powers

The team can, until it renounces

• Pause the mint. Minting starts paused; the first unpause opens the sale and starts the 7-day clock. Pausing later does not stop or extend that clock.
• Block other QUORUM pools. Only contracts that are themselves QUORUM trading pools qualify. The official pool, the mint contract, the team wallet, ordinary wallets and smart wallets can't be blocked.

After the team calls renounce(), both are gone for good. Renouncing also unpauses the mint. Minting and refunds keep working either way.

The team can't, ever

• take any of the HYPE held in the contract before quorum
• stop, pause or delay refunds
• mint extra QUORUM, or anything beyond the 3,000 seats
• change the price, the per-wallet limit, the 25/75 split, the refund fee or the tax
• open the pool before seat 3,000 is minted
• touch the pool liquidity: the LP tokens are burned

09Quorum or refund

• Refunds don't expire, and nobody can stop them.
• You call refund() yourself, from the wallet that minted, and pay your own gas. The mint page shows a refund button when it applies.
• You can't refund before the 7 days are up, and you can't refund once quorum is reached.

10Contracts