How it works
Open, trade, clear. The contract holds the money the whole way, and the split is fixed when the coin is launched.
- 01
Open a drawer
Pick an X handle, name the coin, launch it. The handle is written into the coin at launch and no one can point it somewhere else afterwards.
- 02
Every fill drops a dime
A buy or a sell pays 2.2%. 1% of it goes to the handle's drawer inside the same transaction, so there is no batch job to trust.
- 03
The dime clears
While a coin is on its curve, dimes sit as pending until they are swept into the drawer. Once swept, the tape marks them cleared.
- 04
The handle takes it
The owner connects a wallet, Usedime verifies them on the server, and one transaction moves the cleared balance. We never hold it.
Holders get paid too
Open a coin with reflections on and 0.5% of every trade is paid across everyone holding it, on chain, as each trade settles.
A curve first, then Uniswap
Coins start on a bonding curve. At $8,090 raised the curve completes, liquidity moves to Uniswap, and dimes keep dropping after that.
One drawer per handle
Launch five coins for the same person and all five pay one drawer. The drawer exists from the first launch and never closes.
Nothing to claim, nothing to sign
The owner does not need an account here. Their drawer fills in public and waits. Signing in only decides where the money goes when they take it.
Where the 2.2% goes
The split is written into the coin at launch. Nobody can change it afterwards, including us.
The route the money takes
Four hops from the person who pressed buy to the person the coin was opened for.
- 01A trader buys$250.00on the curve, or on Uniswap after it graduates
- 02The coin charges2.2%$5.50, split the way the coin was launched
- 03The dime drops+$2.50straight to the handle, same transaction
- 04The handle cashes out1 txto a wallet they connect, whenever they turn up
What happens to one dime
Written the moment a trade settles, spendable once it has been swept.
- 01WrittenNo. 000001the moment the trade settles on chain
- 02Droppingpendingsitting on the curve, not yet spendable
- 03Clearedspendableswept into the drawer, and the money is theirs
- 04Cashedreleasedmoved to a wallet by whoever owns the handle
Open a drawer for anyone
One handle, one coin, a dime on every trade.