How TPP works
Five steps. Plain words. No vibes, just the mechanic.
You buy a candle.
Any candle. At any market cap. The moment you buy $TPP, you are part of the protocol.
Every trade fills the pool.
Each buy and sell generates a small fee. Those fees flow straight into the Protection Pool. The more trading happens, the bigger the pool gets.
Market cap dumps. You go underwater.
Your real average entry is read from your own on-chain buy history. If the current market cap sits below that, you are underwater and you qualify.
Everyone underwater shares the pool.
Each cycle, all underwater holders split a portion of the pool. Your share is proportional to how deep you are and how much you hold. Deeper and bigger bag means a bigger slice.
Partial bailout lands in your wallet.
SOL, on-chain, provable. You get back a piece of your loss. The pool softens the fall. It never covers it fully, and that is the honest deal.
Transparent math
The formula is public. Run the numbers yourself. Every parameter below is auditable on-chain.
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Why it holds up
Real cost basis
Your entry is what you actually paid on-chain, read from your buy history. You cannot fake being underwater without genuinely being down real money.
Sybil-neutral
Payout is proportional to loss. Ten small wallets equal one big wallet, same total slice. Splitting wallets gains nothing and costs fees plus a minimum hold gate on every wallet.
No profitable attack
Always partial plus capped means buying the top on purpose to farm bailouts is always net-negative. You get back less than you lost, every time.
Whale-proof
Two caps: max SOL taken per wallet, and max loss that counts toward your share of the denominator. One large holder cannot drain the pool or crowd out everyone else.