whitepaper / draft 0.3
WENFLOOR
WENFLOOR is an on-chain NFT issuance protocol with a fixed WENMOON claim path. It sells 10,000 WENFLOOR NFTs through a deterministic ETH curve with a 100 ETH full mint target. Once the Curve Reserve reaches 50 ETH, every WENFLOOR NFT held in a wallet, including NFTs minted before the threshold, can be burned to claim 666,999 WENMOON.
1. Core Rules
WENFLOOR is the NFT. WENMOON is the claim token. The system is built around one simple path: mint WENFLOOR first, then burn WENFLOOR for WENMOON after the reserve threshold is reached.
- WENFLOOR NFT supply: 10,000
- Full NFT mint target: 100 ETH
- Claim per NFT: 666,999 WENMOON
- Total WENMOON supply: 6,669,990,000
- Once the Curve Reserve reaches 50 ETH, every held WENFLOOR NFT can be burned to claim 666,999 WENMOON
2. Issuance Curve
Each WENFLOOR NFT has a deterministic mint price based on its token ID. Earlier NFTs are lower priced, later NFTs are higher priced, and the full 10,000 NFT curve targets 100 ETH in total mint value.
CURVE_K = 10,001 DEFAULT_CURVE_SCALE_WEI = 11.379534056284506069 ETH DEFAULT_FINAL_NFT_PRICE_WEI = 5.689767028142253043 ETH price(tokenId) = curveScaleWei / (CURVE_K - tokenId + 1)
3. Reserve Unlock
WENFLOOR does not need to wait for all 10,000 NFTs to mint. Once the Curve Reserve reaches 50 ETH, every held WENFLOOR NFT can be burned to claim 666,999 WENMOON, including NFTs minted before the threshold.
exchangeOpen = curveReserveEth >= 50 ETH
Before 50 ETH, holders keep the NFT and cannot claim WENMOON. After 50 ETH, the claim action becomes available on the website. Burning is user-initiated; NFTs are not burned automatically.
4. Fees Stay In The Curve
There is no team fee receiver, treasury receiver, owner receiver, or external fee address. Buy and sell friction only thickens the curve reserve.
buy 1.000 ETH: mint quote uses 0.997 ETH Curve Reserve receives 1.000 ETH sell quote 1.000 ETH: seller receives 0.997 ETH curve reserve keeps 0.003 ETH fee recipient: none
5. Lifecycle
- Users mint WENFLOOR NFTs on the curve.
- ETH enters the Curve Reserve.
- Before 50 ETH, holders keep their WENFLOOR NFTs.
- Once the Curve Reserve reaches 50 ETH, all held WENFLOOR NFTs become claimable.
- Each claimed NFT is burned for 666,999 WENMOON.
- WENMOON then enters the liquidity phase and becomes market-priced.
6. Market Position
WENFLOOR does not promise a fixed market price for WENMOON. The curve defines NFT issuance and the 50 ETH claim unlock. After WENMOON enters the liquidity phase, market price is determined by live trading conditions.