the mechanism

How it works

$KITALIK is a Solana token that pays holders real, bridged ETH every day — funded automatically by a 3% tax on trades, with no staking or claiming required.

The mechanism, in plain words

  1. Hold $KITALIK

    Keep the token in any Solana wallet. There is nothing to stake, lock, or register.

  2. Trades pay a 3% tax

    Every buy and every sell moves 3% (300 basis points) of the trade into the tax pool. Nothing routes to a team wallet.

  3. The tax buys WETH

    The pool is swapped for WETH — wrapped ETH, bridged onto Solana — and queued for the next round.

  4. Holders receive the ETH

    The queued WETH is distributed to holder wallets automatically, split in proportion to how much $KITALIK each wallet holds at that round.

  • Hold $KITALIK
  • Trades pay a 3% tax
  • Tax buys ETH
  • Holders receive ETH

The lemma

If the tax always buys ETH, and the ETH always ships to holders, the foundation's own ETH balance never grows — it only ever passes through. That's article 1 in one line of logic instead of one line of policy.

What "never sells" means

Most treasuries accumulate a war chest and sell pieces of it over time — for runway, for buybacks, for whatever the roadmap needs that quarter. The Cetherium Foundation's Solana branch does the opposite on purpose: the contract is written so incoming ETH is earmarked for holders at the next round, not for a foundation-controlled balance. There is no lever to flip that sends it back to market. The foundation isn't promising not to sell; the mechanism doesn't give it ETH to sell in the first place.

The wrapped ETH note

The ETH you receive is WETH — wrapped ETH bridged onto Solana, not native ETH sitting on Ethereum mainnet. WETH represents ETH 1:1 and can be unwrapped back to native ETH through the bridge whenever you choose; the llama checked, and it unwraps. Using WETH on Solana is what makes the "every day, automatically" part possible — moving native ETH on Ethereum mainnet to thousands of wallets, thousands of times, would cost more in gas than most rounds are worth.

Risks

This is a memecoin. $KITALIK can lose most or all of its value, quickly, regardless of how the payout mechanism performs.

The payout depends on trading volume. If nobody trades, no tax accrues, and no ETH gets bought or distributed that round. Payouts are not a fixed yield.

Solana-network risk. Congestion or an outage on Solana can delay swaps and distributions.

Bridged-WETH risk. Wrapped ETH depends on the bridge that issued it; bridge exploits are a real, recurring category of hack across the industry, distinct from a risk to Ethereum itself.

Not financial advice. $KITALIK is a parody project. Do your own research and never risk more than you can afford to lose.