🌾 FIATXSOFTS (FIATXSOFT) — Meme Coin Whitepaper

Status: Community Meme Coin • Experimental • Education-Focused

1) TL;DR

Ticker: FIATXSOFT
Blockchain: Solana
Contract Address: (TBD — published post-deployment)
Theme: Meme coin that burns its own supply when global food prices rise.
Signal: CME front-month futures for key agricultural commodities — wheat, corn, soybeans, and coffee.
Trigger: If the aggregated “softs index” (weighted basket) rises by ≥ 0.75% in a day, FIATXSOFT burns tokens.
Linkage: For each x% increase in the index → burn (x / 4)% of token supply (subject to Developer Burn Reserve balance).
Burn Source: Developer Burn Reserve (DBR) wallet.
Timing: Burns occur at undisclosed times within the UTC day when triggered (anti-front-running).
Goal: Reflect food price inflation and scarcity through on-chain supply contraction — a symbolic hedge against agricultural stress and inflationary dynamics.

2) Motivation & Meme

Food inflation is real.
When wheat, corn, soy, and coffee rise, people feel it at the grocery store before they see it on the news.

FIATXSOFTS channels that reality into a meme — and a mechanism:

When food prices soar, FIATXSOFTS eats itself.

It’s a digital allegory for how inflation erodes real-world purchasing power.
As crops get costlier, the token’s own “food supply” — its circulating tokens — shrink.

Asymmetric Design:

  • Food prices up → supply down

  • Food prices stable or down → no change

The project’s focus is educational: highlighting agricultural cycles, weather impacts, supply shocks, and food security — while experimenting with programmable monetary memes.

3) Supply & Current State

Initial Supply (S₀): 1,000,000,000 FIATXSOFT
Mechanism: Burns drawn from a Developer Burn Reserve (DBR) wallet.
As of launch: ~1,000,000,000 FIATXSOFT (subject to initial test burns).

All supply and burn history will be verifiable on the Solana explorer and via an official dashboard.

4) Economic Intuition

If food gets scarcer and prices rise, supply tightens.
FIATXSOFT mirrors this dynamic on-chain.

If demand is constant and token supply falls:
Price ≈ Market Cap / Supply → increases.

Burns compound over time:
Sₙ = S₀ × ∏(1 − fᵢ), where fᵢ is each burn fraction.

Convexity:
Frequent or large commodity spikes accelerate token scarcity, potentially producing nonlinear (convex) price responses.

5) Oracle & Market Signal

Tracked Assets:

  • CME Wheat Futures

  • CME Corn Futures

  • CME Soybean Futures

  • ICE Coffee Futures
    (and optionally Sugar No. 11, Cocoa)

Index Composition:
Weighted basket of normalized daily prices to form the FIATX Softs Composite Index (FXS Index).

Price Source:
Aggregated oracle feed referencing current front-month futures for each component.

Measurement Window:
UTC day — comparison vs. prior session reference (settlement or TWAP).

Contract Roll Handling:
Automatically transitions to the most liquid front-month contract.

Governance can adjust index composition or weights via on-chain vote with timelock.

6) Core Rule (Simple Version)

Let x% = daily % change in the FIATX Softs Index (FXS Index).

Trigger:
If x ≥ 0.75, burn (x / 4)% of FIATXSOFT total supply.

Source of Burn: Developer Burn Reserve (DBR).
Timing: One or more randomized executions within 24h post-trigger.

If x < 0, no burn occurs.

7) Formal Burn Specification (Exact Version)

7.1 Definitions

  • (Gₜ): Value of FXS Index at day t close.

  • (xₜ = 100 × (Gₜ / Gₜ₋₁ − 1)) = daily % change.

  • Threshold (θ = 0.75)%

  • (Sₜ): FIATXSOFT total supply pre-burn.

  • (Dₜ): Developer Burn Reserve pre-burn balance.

7.2 Burn Fraction & Amount

fₜ =
 xₜ / 400 if xₜ ≥ θ
 0    if xₜ < θ

Intended burn:
B*ₜ = fₜ × Sₜ

Feasibility constraint:
Bₜ = min(B*ₜ, Dₜ)

7.3 State Update

Sₜ⁺ = Sₜ − Bₜ
Dₜ⁺ = Dₜ − Bₜ

If Dₜ = 0, burns pause until DBR replenishment.

When DBR < 10% of total supply, burns are proportionally scaled down for sustainability.

8) Execution Mechanics (on Solana)

  • Detection: Off-chain oracle/keeper computes xₜ daily.

  • Authorization: Multisig developer wallet executes burns.

  • Anti-front-running: Randomized timing.

  • Proof: Each burn includes oracle-signed data and on-chain record.

9) Parameterization

ParameterValueDescriptionThreshold (θ)+0.75%Minimum daily increase to trigger burnMapping1:4Every 4% rise = 1% supply burnIndexWeighted basket of softs (wheat, corn, soy, coffee)FrequencyDaily check, random burn timeTime StandardUTC

10) Tokenomics

Initial Supply: 1,000,000,000 FIATXSOFT
Current Supply: Viewable on Solana Explorer

Suggested Allocation Template:

AllocationPercentagePurposeDeveloper Burn Reserve (DBR)20%Source of all burnsLiquidity & Market Making15–25%Exchange pools, stabilityTreasury (ops, audits, research)5–10%Infrastructure + educationCommunity (airdrops, partnerships)0–5%Adoption incentives

DBR is non-transferable except for burn transactions.
No minting. No emissions. No inflation.

10.1 Developer Holdings & Burn Dynamics

The developer wallet holds roughly 20% of total supply — the engine for deflation.
All burns originate from this reserve.

When the DBR balance falls below 10%, burn intensity auto-adjusts to preserve long-term participation and educational continuity.

11) Example

If the Softs Index rises +1.6%,
and total supply = 520,000,000 FIATXSOFT:
→ Burn fraction = (1.6 / 4)% = 0.4%
→ Burn = 2,080,000 tokens

New Supply = 517,920,000 FIATXSOFT

12) Chain & Contract (Solana)

  • Standard: SPL Token

  • Program: Custom burn logic + DBR wallet

  • Oracle Integration: Off-chain computation using CME & ICE feeds

  • Contract Address: To be published post-deployment

13) Transparency

Dashboard will display:

  • Total supply

  • DBR balance

  • Latest daily % change in FXS Index

  • Burn history + transaction hashes

All burns verifiable on-chain.

14) Educational Focus

FIATXSOFTS serves as a financial-literacy experiment, introducing users to:

  • Agricultural price cycles

  • Weather impacts on yields

  • Supply chain and shipping bottlenecks

  • Food inflation and global food security dynamics

Each burn is not just a deflationary event — it’s a signal of stress in the real-world food economy.

15) Disclaimer

FIATXSOFTS is a meme coin for educational and experimental purposes.
It is not an investment, not financial advice, and offers no expectation of profit or liquidity.

Participation may result in total loss.
DYOR. Obey your local laws.