Tokenomics

Overview

Referandium operates on a pure SOL economy. Users deposit SOL to signal on markets, earn yield while their SOL is locked, and receive their full principal back when the market closes.

💰 Core Principle: Your deposit is always returned. Yield is earned on top as profit.

🚀 Live on Solana Devnet: All smart contracts are deployed and operational. Fee distribution is automated via on-chain programs.

SOL Flow

How SOL Moves Through the System

User deposits SOL → Locked in market escrow → Yield generated → Market closes → Principal + yield returned

Users signal YES or NO by depositing SOL
SOL is locked in an on-chain escrow smart contract
While locked, the pooled SOL generates yield
When the market closes, yield is distributed and principal is returned

🔒 No loss of principal: Your deposit is returned 100% regardless of signal direction.

Yield Distribution

Markets generate yield while SOL is locked in escrow. When a market closes, the accumulated yield is distributed:

Stakeholder	Share	Description
Platform	20%	Operations, development, treasury
Gookie (Creator)	30%	Reward for the verified market creator
Signal Providers	45%	Distributed proportional to SOL deposited
Buyback & Burn	5%	RFRM bought from market and burned

Example: Market generates 10 SOL in yield

Stakeholder	Share	Amount
Platform	20%	2.0 SOL
Gookie (Creator)	30%	3.0 SOL
Signal Providers	45%	4.5 SOL (split proportionally)
Buyback & Burn	5%	0.5 SOL → RFRM burned
Total	100%	10.0 SOL

Important: Your principal is ALWAYS returned 100%. The 45% user share is pure profit on top of your deposit.

Revenue Model

Platform Revenue Sources

Yield fees (20%) — Platform share of yield from all markets
Market creation fee — 0.01 SOL per market created (spam prevention)
Cause Token LP fees — Share of liquidity pool fees from graduated tokens

For Verified Creators (Gookies)

Verified creators earn 30% of yield from every market they create:

Market SOL Locked	Duration	Est. Yield	Creator's 30%
50 SOL	30 days	~0.2 SOL	~0.06 SOL
500 SOL	30 days	~2.0 SOL	~0.60 SOL
5,000 SOL	30 days	~20.0 SOL	~6.00 SOL

💡 The more participants your market attracts, the more yield is generated, and the more you earn.

Cause Token Economics

Bonding Curve Mechanics

When a creator launches a Cause Token with their market:

Launch — Token starts on a Meteora bonding curve
Price discovery — Early buyers get lower prices, price rises with demand
Graduation — When the curve fills (~$69K market cap), token graduates to a full AMM liquidity pool
LP fees — Trading fees from the liquidity pool are split:

Recipient	LP Fee Share
Market Creator	50%
Platform	50%

Token Lifecycle

Creation → Bonding Curve (early buyers) → Graduation → Full LP → Ongoing LP fees

⚠️ Risk: Cause Tokens are speculative. They can lose value. Not financial advice.

Treasury Management

Treasury Wallet

The treasury wallet (5vJggeRkrFSZBJw6rZvWNzuRbKTe4g44pQEwaBcyZVBP) manages:

Platform yield share (20%)
Buyback & Burn execution (5%)
Market creation fees

Treasury Allocation

Platform Revenue Distribution:
├─ 50% Development & Operations
├─ 25% Community Rewards
├─ 15% Marketing & Growth
└─ 10% Emergency Reserve

Transparency:

All transactions are on-chain and auditable
Public treasury address for verification
Multi-sig security (planned)

Buyback & Burn

5% of all market yield is used to buy RFRM tokens from the open market and burn them permanently.

Market yield → 5% allocated → Buy RFRM on DEX → Burn permanently → Supply decreases

This creates:

Consistent buying pressure on RFRM
Deflationary tokenomics
Alignment between platform growth and token value

For Signal Providers

How You Earn

Deposit SOL into any active market
Your SOL generates yield while locked
When market closes, receive: Full deposit + 45% of yield (proportional)

Example

You deposit 10 SOL into a market with 100 SOL total locked
Market generates 2 SOL in yield over 30 days
Your share: 10/100 = 10% of the 45% user pool = 0.09 SOL profit
You receive: 10.09 SOL (principal + yield)

Your SOL is never at risk. You always get your full deposit back.

Risk Mitigation

User Protections

✅ All deposits escrowed in audited on-chain smart contracts
✅ Principal always returned regardless of signal direction
✅ Emergency withdraw function if platform goes offline
✅ Public treasury address for auditing
✅ 1 wallet = 1 signal per market (Sybil resistance)

Against Market Manipulation

✅ Maximum signal caps per wallet
✅ Admin oversight for resolution disputes
✅ Verified creator accountability

FAQ

Do I lose SOL if I signal wrong?

No. Your deposit is always returned in full. Yield distribution is proportional to deposit size, not signal accuracy.

How is yield generated?

Pooled SOL in market escrows is deployed into yield-generating strategies. The specific yield source depends on market conditions.

Can fees change?

Fee structure is fixed for the current phase. Future changes require community governance.

What if I lose my private key?

Funds are returned to the depositing wallet. Always secure your seed phrase. We cannot recover lost wallets.

Deposit. Signal. Earn. Repeat. Smart economics on Solana 🍪

Introduction Gookies