EvolveNP Protocol — Simple, Transparent, Automated
Glossary
Fair-launch ERC-20
A standard token with no pre-mine or special allocation. Supply enters circulation fairly via market activity.
Nonprofit Safe (3-of-5 multisig)
A multi-signature wallet controlled by nonprofit signers; 3 approvals out of 5 are required to move funds.
Treasury Wallet
Receives the small fee (in token) from trades, executes the periodic cycle, and burns matched amounts.
Donation Wallet
Locked converter/forwarder: swaps allowed tokens to USDC and forwards 100% to the Nonprofit Safe.
Liquidity Pool (LP)
The on-chain pool pairing the token with ETH/USDC and enabling trading on a DEX.
Burn
Permanently removes tokens from circulation by sending them to a non-spendable address.
Fundraising Event
A scheduled action (e.g., monthly) that sends a small capped amount to the Donation Wallet and burns the same amount.
Auto-top / LP Health
If LP depth gets thin, the protocol reinforces it and burns matched amounts to stabilize markets.
TL;DR (60 seconds)
- What it is: A fair-launch token on Ethereum that automatically routes a small fee from trading to a nonprofit-controlled wallet—with no platform custody.
- Who holds the funds: A Nonprofit Safe (3-of-5) multisig (Ledger hardware wallets). The nonprofit controls funds; EvolveNP has 2 emergency seats and cannot move money on its own.
- What happens over time: On each safe cycle (e.g., monthly), the protocol sends a small, capped amount to the nonprofit and burns the same amount— reducing supply.
- Safety: If liquidity ever gets thin, the protocol automatically reinforces it. If anything looks risky, pause switches can be triggered by the Safe.
How it works (high-level)
- Fair Launch
- No insider lists. No private allocations.
- At launch, ~75% to public LP (DEX), ~25% to Treasury.
- Initial liquidity is seeded (~3–7 ETH paired with tokens).
- Short, one-hour anti-sniping window (cooldowns, per-tx max buy, brief trading hold on first blocks).
- Small Fee on Trades (when Treasury is under threshold)
- On each transfer, ~1% fee is calculated and sent to the Treasury—only if the max threshold is not met.
- If Treasury is full (≥ 30% of total supply), the fee turns off automatically until below that cap.
- Autonomous Treasury
- When safe and thresholds are met, the Treasury executes a fundraising event: sends ~2% to the Donation Wallet and burns ~2%.
- If Treasury is under-funded (< 15% of circulating), cycles are skipped until it recovers.
- Treasury never sells on market except to top up LP when LP < 5% (target ~6.5%).
- Donation Wallet → Nonprofit Safe
- Locked “converter & forwarder” that only accepts tokens from the Treasury (closed intake).
- Swaps token to USDC via allow-listed routes with tight safeguards, then forwards 100% to the Nonprofit Safe.
- If it already receives stable assets via approved paths, it forwards directly—no swap.
- Nonprofit Safe has final custody
- 3-of-5 Safe with 3 nonprofit signers and 2 EvolveNP emergency signers.
- NP-only quorum requires 3 nonprofit approvals—EvolveNP’s seats do not count toward that threshold.
- EvolveNP’s role is emergency-only (e.g., pausing systems), never to transfer funds.
The Flow (End-to-End)
- Trading happens on a DEX → a small fee may be taken.
- The Treasury accumulates tokens. At ≥ 30%, it disables the fee until below 30%. Below 15%, no fundraising event occurs.
- LP check: If LP depth falls below 5% of circulating supply, the Treasury performs a swap-and-add to target ~6.5%.
- Periodic cycle (e.g., monthly): If safe, Treasury sends ~2% of its balance to the Donation Wallet and burns an equal amount.
- Donation Wallet swaps to USDC with strict guards → forwards 100% to the Nonprofit Safe.
- Everything is on-chain and emits events—anyone can verify.
Safety, Controls & Transparency
- Liquidity Auto-Top-Up: Hourly check; if LP depth < 5% of circulating supply, protocol adds ~1.5% back toward a ~6.5% target.
- Pause Switches (by the Safe):
- Token: stop/start fee-taking & launch limits.
- Treasury: stop/start the send/burn cycle.
- Donation Wallet: stop/start swapping & forwarding.
- No Platform Custody: EvolveNP cannot redirect funds; emergency seats are for pauses/guardrails only.
- Immutable/Bounded Flows: Donation Wallet forwards only to the Nonprofit Safe; parameters are bounded and event-announced.
- LP Trust: Launch LP tokens are burned/locked.
- Audits & Bounties: Code verified; external audit & bug bounty.
- Public Dashboard: Addresses + Flow of Funds dashboard.
Key Numbers (At a Glance)
- Launch split: ~75% public liquidity, ~25% Treasury.
- Initial liquidity seed: ~3–7 ETH equivalent.
- Trading fee: ~1% (when enabled).
- Treasury thresholds: ≥ 30% (fee off), < 15% (no cycle).
- LP health top-up if < 5%; target ~6.5%.
- LP check cadence: hourly.
- Cycle action: send ~2% to nonprofit & burn the same amount.
- Anti-sniping: first hour protections.
- Exact parameters live on-chain; non-emergency changes use a timelock.
Compliance Posture
The protocol is designed to avoid “profit-promise” framing and to keep custody with the nonprofit. It operates autonomously with clear, bounded rules.
- Open markets: public DEXs; no trader KYC.
- Messaging: tokens are symbolic-oriented, not investments.
- Automation: keepers run hourly LP checks and periodic cycles; actions skip if guards fail.
This is not legal advice. We publish what the system does; we don’t make profit claims.
What It Is / What It Isn’t
It Is
- A fair-launch token with automatic, rule-based donations to a nonprofit.
- Nonprofit-controlled (3-of-5 Safe); EvolveNP has no custody.
- Transparent: every step emits on-chain events.
It Isn’t
- Custodial—EvolveNP cannot transfer funds.
- A system that routinely sells on market (only LP top-ups when LP < 5%).
- An investment scheme or profit-promise.
For Developers / Power Users
- Contracts: ERC-20 Token, Treasury, Donation Wallet, Liquidity Manager, Nonprofit Safe.
- Guards: slippage cap, TWAP deviation, per-cycle caps, cool-downs.
- Ownership & Roles: Pause/unpause owned by the Safe; EvolveNP emergency seats cannot move funds.
- LP Policy: Initial LP receipts burned/locked.
- Automation: Off-chain keeper calls
attemptCycle()on cadence; skips if guards fail.
Key Parameters (on-chain)
- Fee rate & exemptions.
- LP health threshold & top-up behavior.
- Treasury min (15%) & max (30%).
- Per-cycle send & burn caps (~2% each).
- Donation Wallet allowlist, slippage/price-impact caps, USDC-only forwarding, cool-downs.
- Anti-sniping: short initial window.
- Timelock for non-emergency parameter changes.
FAQ
- Who holds the money? The Nonprofit Safe (3-of-5). EvolveNP’s seats are emergency-only and cannot move funds.
- Do you take custody? No.
- Can the protocol dump tokens? No routine selling; LP top-ups only when LP < 5%.
- Volatility? Slippage & TWAP guards, caps, cooldowns; actions skip if not safe.
- Verification? Contract addresses + public dashboard.
- If something looks risky? The Safe can pause subsystems; non-emergency changes use a timelock.
Transparency Checklist (Public Links We’ll Share)
- Contract addresses: Token, Treasury, Donation Wallet, Nonprofit Safe
- Parameters & thresholds
- Audit & bug bounty links
- Flow of Funds dashboard
- Runbook: emergency contacts & pause procedures
Disclaimer: This summarizes how the protocol is designed to operate. It’s not legal, tax, or investment advice; parameters may evolve within public, on-chain guardrails.