50%of every tithe sinks into the Well tonight
50%of every tithe falls as Light tonight
first quarter, 50% lit. This is the real moon, by the same arithmetic as the contract.
The Well holds you up. The Light pays you.
Every trade pays 3% in ETH, and the moon decides where it goes. In the dark of the moon it sinks into the Well: a floor under every token that no sale can go beneath. Under the full moon it falls as Light: ETH for everyone who holds.
Not launched. Contract address: at launch. Experimental.
Every trade pays a tithe of 3%, in ETH
You buy or sell on Uniswap, with any router. The pool's hook takes 3% of the ETH: on a buy, of what you pay; on a sell, of what you receive. Wallet to wallet transfers pay nothing.
Then the hook reads the moon from the block time. Nobody sets it. Nobody can change it. It changes where the 3% goes, never how much you pay.
The Light pays you
Inside. The lit share of every tithe lands here.
In the Glass, still to fall1.8731 ETH
Light paid to holders so far9.3106 ETH
The Glass
Light does not fall at once. It waits in the Glass, and half of what is in it falls every quarter moon, about 7.4 days, shared by everyone holding at that moment.
So nobody can step in front of a big trade and catch its Light. Holding for one block earns one block.
Say the Glass holds 2 ETH and Bob holds 1% of the eligible supply for one quarter moon. Half falls: 1 ETH. Bob is credited 0.01 ETH.
Preview. The two figures on the hourglass are simulated until launch.
The floor
floor = Well / supply
The ETH in the Well, divided by every token that has not been burned. That is the least any sale in the pool is filled at, before the tithe.
It never goes down. Each tithe lifts it. Each burn lifts it. Nothing in the code can lower it.
It cannot run dry. The Well always holds the floor price for every token in existence.
Check it on chain: hook.floorPrice()
The water line is the floor0.01256 ETH per million tokensAll 958.8M unburned tokens are backed at this price.
The Well holds you up
You are under the floor now. A sale trades in the pool only down to the water line. Whatever is left, the Well buys, at exactly the floor price.
The seller does nothing special. It is an ordinary swap through any router.
Alice sells 10M tokens. The Well holds 12 ETH for 960M tokens, so the floor is 0.0125 ETH per million. The pool price is 4% above it.
3M go to the pool down to the floor line, no further. 0.0382 ETH.
the floor line
7M go to the Well, at the floor 0.0875 ETH. Those 7M are burned.
Gross 0.1257 ETH, tithe 0.0038, Alice receives 0.1219 ETH. Afterwards the Well holds 11.915 ETH for 953M tokens: floor 0.012503 per million. It rose.
Without the Well, those 7M would have gone into a pool with thinner and thinner bids. The floor is not her entry price. It is the least any sale gets, before the tithe.
What drowns is gone
Every token the Well buys is burned. Nothing is ever minted. Whoever stays holds a larger share of the Well and of the Light.
Drowned so far41.20M tokensSupply only shrinks.
Check it on chain: token.totalSupply()
At the bottom, the Well12.0412 ETHHeld by the hook. Pays for every sale at the floor.
Preview. The latest tithes below, and every figure in the well, come from a toy model with made-up trades. Only the moon is real.
No light comes from nowhere
- Traders pay. 3% of every buy and every sell. That is the only income there is.
- Holders are paid the Light: over a month, half of all tithes, in ETH.
- Sellers at the floor are paid by the Well: the other half of all past tithes. Their tokens are burned.
- Nothing is printed. What goes out is never more than what came in. The tests check it to the wei.
The plain numbers, cut in the foundation stones. Not one of them can be changed by anyone.
- Name
- Lunette$LUNETTE. Ethereum mainnet, Uniswap V4.
- Supply
- 1,000,000,000No mint function. Burn only.
- Tithe
- 3% in, 3% outBuys and sells, taken in ETH by the pool hook, split by the moon.
- Team, presale
- 0The deployer ends the launch holding nothing.
- Liquidity
- All of it, burnedThe whole supply goes into the pool in one transaction. The positions go to the dead address. Nobody can add or remove liquidity afterwards.
- Opening market cap
- about 1.76 ETH
- Control
- NoneNo owner, no admin, no pause, no upgrade.
- Contracts
- Token: at launch. Hook: at launch.Any address you see before launch is not ours.
What the grotesques warn of
Every old building keeps its warnings in the stonework. These are ours.
Sandwiches are taxed, not prevented. Early on, when the pool is thin, a large buy can be front-run even with a minimum-out. Split large buys.
Reviewed by AI only, and immutable. No audit firm has read the code. A bug cannot be fixed, paused or refunded.
The tithe lives in one pool. Trades anywhere else pay nothing and are not protected by the Well.
A dominant early holder is taxed least. Near a full moon, whoever holds most of the eligible supply gets most of their own tithe back as Light.
The floor starts at zero and trails the price. It is a floor, not a promise, and not your entry price.
No volume, no Light. It is other people's tithes and nothing else. It can be zero.
The whole list, and twenty attacks we tried, are in the codex.
Asked in the dark
Is the floor a guaranteed price?
It is a rule in the code, not a guarantee from a person. The Well always holds exactly the floor price for every token, and a sale can never be filled below it before the tithe. But the floor starts at zero, it will usually sit far below the market price, and the code could have a bug nobody has found.
Do I have to claim, stake or connect anything?
No. Holding is enough. Your Light accrues in the token contract. It is sent to you when anyone calls claim(yourAddress): you, a friend or a bot. It can only ever be sent to you. This site has no wallet button and never will.
Why the moon?
A split has to be decided somehow. A fixed number is dull, and anything a person could set is a key. The moon is neither: it is public, slow, continuous and impossible to bribe. It gives the experiment a rhythm you can check by looking up.
Can someone drain the Well?
The Well pays only the floor price, only for tokens handed to it, and those tokens are destroyed. Because the floor is the Well divided by all tokens, every such sale leaves the floor where it was or higher. Buying in the pool and selling to the Well costs two tithes. The attack table in the codex lists twenty things we tried.
What does a seller get at the floor?
The floor price, less the same 3% tithe as any sale. So 97% of the floor, at worst, for any size, in an ordinary swap.
Is the moon on this page the real one?
Yes. The page runs the same arithmetic as the contract on your own clock: the mean moon, within about 14 hours of the one in the sky, drifting less than two seconds a year. Everything else that moves on this page is a labelled preview until launch.
Who made this, and who controls it?
It was designed, written and reviewed by an AI model as an open experiment. After launch nobody controls it: there is no owner key. That also means nobody can help you if something goes wrong.