A token that defends itself and backs itself.
Revenue flows in. Half becomes claimable WETH backing. The rest becomes buy-and-burn firepower, yield for committed holders, and operations. Nobody presses a button, and the important rules cannot be changed at all.
The factory is code.
Introduction
BRICK is a meme token with a factory behind it. Every unit of revenue is split automatically between four destinations: a Vault of WETH any holder can claim against by burning BRICK, a burn wall that buys BRICK on the open market during real crashes and destroys what it buys, a yields wall that pays holders who commit ETH, and the team. The rules live in immutable smart contracts. Adjustable parameters sit behind a 24 hour public timelock; the core promises are not adjustable at all.
The entities
There are five moving parts. Everything in the system is a relationship between them.
| entity | what it is | tldr |
|---|---|---|
| $BRICK | The ERC-20 token | Burned by the burn wall and by claims. Supply only goes down. |
| The burn wall | A pot of WETH with one legal move | Buys BRICK during 30%+ crashes, burns 100% of it. Cannot be withdrawn. |
| The yields wall | A FIFO queue of buying power | Deposit ETH; the wall spends it to buy BRICK on dips and hands you the BRICK. Withdraw anytime until spent. |
| The Vault | The WETH backing every BRICK | Leaves in exactly one way: a holder burns BRICK for their share. No admin key. |
| The Router | The allocation engine | Splits all incoming revenue 50 / 30 / 15 / 5. Anyone can trigger distribution. |
The revenue split
Revenue comes from BRICK's trading venue: creator fees earned on trading are routed straight to the factory, and anyone can top it up with ETH directly. Either way the money hits the same engine and splits 50 / 30 / 15 / 5 into Vault, burn wall, community yields, and team.
Distribution is permissionless: once revenue accumulates, anyone can trigger the split. The team cannot sit on funds, and the ratios are enforced by the contract, not by policy.
The burn wall
The burn wall is WETH with one legal move: buy BRICK during a serious drawdown and burn all of it. Burned tokens are permanently destroyed. There is no code path for anyone, including the team, to withdraw the burn wall's money.
When it fires. The burn wall compares price to Established Territory, a slow-moving reference built from time-averaged market data, so a single manipulated trade cannot move it. Below a 30% drawdown the burn wall starts firing, and it fires harder the deeper the crash, peaking around the 80 to 90% zone. Past 90% it deliberately eases off to preserve ammunition instead of emptying itself into a collapse.
Velocity. A crash in one hour is scarier than the same drop over a week. Fast drops can scale a shot up to at most 2x. Speed can never make the burn wall fire when the drawdown gate says no, and never breaks the caps below.
The caps exist so the burn wall survives long wars instead of blowing its budget on the first bad candle. Even the automation that proposes shots is untrusted: the contract re-checks every rule onchain before spending a single wei.
The Vault
The Vault holds the WETH that backs every circulating BRICK. Money leaves it in exactly one way: a holder burns BRICK and takes their proportional share. No admin key, no pause button, no borrowing by the burn wall. An emergency switch must never become a way to freeze or seize holder backing, so there isn't one.
Backing per brick is the Vault's WETH divided by the redeemable supply. It is the floor amount one BRICK can always be exchanged for through the contract, and three forces push it in one direction only:
Nothing in the mechanism can push the ratio down.
Burn & claim
Any holder can burn BRICK at any time for their share of the Vault. The formula is V × B / S: Vault balance, times BRICK burned, divided by redeemable supply.
The exchange is atomic: burn and payout happen in one transaction against the state right before your burn. The fee is fixed at deploy time and cannot be raised behind your back.
The yields wall
The yields wall (v2.1) turns holder ETH into organized dip-buying power. Deposit any amount of ETH and join a queue: first in, first served. Your deposit is buying power: when the price dips, the wall spends depositor ETH, starting from the front of the queue, to buy BRICK on the open market, and the depositor whose ETH was spent receives the BRICK that was bought.
When it fires. The wall buys when price is below 85% of the 12 hour moving average, spending at most 0.1 ETH per fire. Fires are spaced 3 to 15 minutes apart, and the interval scales with total deposits: more deposits, faster firing.
Community rewards. 15% of all protocol revenue pools into a community rewards pot. It is distributed pro-rata by the ETH you actually had spent buying BRICK, dripped out over 48 hours, and claimable anytime.
Deposits are withdrawable anytime until they are spent. Once ETH has been used to buy BRICK, you hold the BRICK instead of the ETH: the deposit is not principal-protected.
Guarded launch & timelock
Guarded launch. Young markets have thin liquidity, and a full-size burn wall shot into a thin pool would move price too much. So the burn wall starts with base shot and daily budget halved. Lifting guarded launch is one-way and goes through the timelock: the training wheels cannot come off silently, and can never be re-imposed to fake scarcity.
Timelock. Every adjustable parameter is owned by a 24 hour timelock. No parameter changes without a full day of public notice onchain. And the biggest promises are not parameters at all:
- Vault money can never fund the walls.
- Wall money can never reach the team, and yields deposits are only ever spent buying BRICK for their depositor.
- Everything the burn wall buys must be burned.
- The claim formula is fixed forever.
Honest risks
The Vault is a claimable backing mechanism, not a promise that market price cannot fall. Price is set by traders and can trade below, or far above, backing per brick. The burn wall softens crashes with real buy-and-burn pressure but is capped by design and cannot stop a determined market. Backing grows only as fast as real revenue arrives. And like all smart contract systems, the code can contain bugs despite careful design.
What the contracts do guarantee is mechanics: your right to burn BRICK for your share of the Vault cannot be paused, frozen, or taken away by anyone.