Tokenomics
Supply, prize funding, fee routing, and the wallet architecture.
Supply
Total supply is 1,000,000,000 $POW. 49.6% is public (launched on flap.sh); 504,000,000 (50.4%) is time-locked as the prize supply for the hourly ticket, released on a weekly unlock schedule.
The ticket prize: weekly unlocks
Every hour, the ticket winner receives a fixed 100,000 $POW, one free lottery ticket. That is:
- 2,400,000 $POW per day (100,000 × 24 draws), funded by a weekly unlock of 16,800,000 $POW from the locked team supply, and
- distributed over 210 days — the locked prize allocation is 504,000,000 $POW, which at 2.4M a day runs for exactly 30 weeks, after which it is fully given away to the community.
The schedule on the tokenomics page is derived from what is actually still locked, not from a calendar. If a draw is ever missed, the countdown extends rather than silently losing tickets.
Because the ticket prize is a fixed amount (not a percentage), the payout wallet holds a working float that is topped up from the unlocked supply; when the allocation runs out, the ticket leg simply stops while the fee prize continues.
The fee prize and treasury
Every trade pays a fee: 2% on buys, 4% on sells, enforced by the token itself. The fee streams on-chain, in ETH, to the Powerhood Vault — a smart contract, not a wallet. The vault splits every incoming payment the moment it arrives:
| Share | Destination | Purpose |
|---|---|---|
| 50% | Prize pot | The hourly fee prize |
| 50% | Team treasury | Marketing and development |
The split is a rule in the contract, not a policy we follow. The ratio and the treasury address are fixed when the token launches and have no setter — nobody, including us, can change them afterwards.
The prize half never enters a wallet the team controls. When the hourly draw settles, the contract pays the winner directly out of its own pot, and it refuses any payment larger than the pot has accrued. The team cannot withdraw the prize, cannot pay itself from it, and cannot touch it at all.
What the contract does not decide is who wins. $POW is a flap.sh tax token, so entries cannot be tracked on-chain — the holder set is rebuilt from Transfer logs off-chain and the winner is drawn from a public drand beacon. Every draw publishes a snapshot so anyone can recompute the winner independently and check it against the payout the contract emitted.
Wallet architecture
| Where | Type | Mandate |
|---|---|---|
| Prize supply | Cold wallet | Holds the daily-unlocked ticket supply. Key offline. Tops up the payout float. |
| Powerhood Vault | Contract | The fee destination. Splits 50/50 on arrival and holds the prize pot. No key controls it. |
| Payout bot | Hot wallet | Small float only. Sends the ticket prize and tells the vault to settle the fee prize. Hard per-draw caps. |
| Treasury | Cold wallet | Receives the other 50% of fees for marketing and development. |
No single compromise can reach the supply or the prize: the only key on a server controls a bounded float and can settle the pot to a winner, but can never redirect it to itself. Over-cap payments are refused and held for review, and the fee accounting is readable directly from the vault by anyone.
Parameters
| Parameter | Value |
|---|---|
| Entry size | 100,000 $POW per entry, floor |
| Draw cadence | Every hour, on the hour (UTC) |
| Ticket prize | 100,000 $POW (fixed) |
| Fee prize | 50% of the hour's fees |
| Treasury | 50% of the hour's fees |
| Buy tax | 2% |
| Sell tax | 4% |
| Randomness | drand quicknet, BLS-verified, round fixed by draw time |