Proof of Swap
414-second blocks, automatic Buy mining, immediate liquidity, adaptive fees, and permanent protocol-owned liquidity.
- Status
- HETH · Robinhood Chain
- Network
- Robinhood Chain · HETH mainnet
- Published
- 12 September 2026
Mine by buying. Stay liquid.
HETH uses one ETH/HETH pool. Every ETH → HETH Buy pays an adaptive swap fee. The fee is recorded as Work for the Miner’s share of the current block reward. Purchased HETH is liquid immediately. Sells remain immediate, pay the same fee, and never mine. This mechanism is not Ethereum consensus, proof of stake, computational proof of work, or a profit promise.
Public issuance without privileged custody.
The mechanism seeks equal mining access through the HETH pool, fixed-time blocks, immediate HETH liquidity, strict cap enforcement, claims that anyone can make for a Miner, permanent starting liquidity, and operation without the website or creator.
It rejects founder rewards, private mining routes, purchase custody, maturity delays, changeable HETH-controlled parameters, admin recovery, owner-directed buybacks, and any Miner with special protocol rights.
The Buy fee becomes Work.
The adaptive swap fee is charged in ETH on buys and sells. On a Buy, the full fee is recorded as Work for the Miner’s share of the current block reward. A Sell pays the same rate but does not earn a mining reward. Work measures participation only; it is not computing power, staked HETH, or guaranteed issuance.
The pool must consume the full ETH input after the fee. Incomplete net-input consumption or zero token output reverts the entire Buy atomically, including its fee, Work and HETH output.
Mining attribution follows the protocol rules: a router may supply a Work beneficiary; empty attribution data defaults to the transaction origin. Users must trust their chosen integration to credit the intended Miner. External routing support requires separate verification.
Buy → liquid HETH + WorkSell → immediate ETH + no mining rewardSwap fee begins at 3% and remains bounded to 1–10%One fixed 414-second clock.
Block b spans one fixed 414-second interval. Work is totaled per block and per Miner. When the interval closes, the block is final by construction—no transaction, oracle, owner, or server closes it.
your reward = scheduled block reward × your Work ÷ max(total Work, target Work)block duration = 414 seconds = 6.9 minutesIf the block’s Work falls below the target, only the earned fraction of the scheduled reward is minted. Empty blocks emit nothing. Unminted shortfall and division dust never return later.
The Work target starts at 0.00069 ETH per Block and halves each emission epoch, rounded down to whole wei. This target is measured in Buy fees, not total ETH spent. Once the target is met, more Work changes each Miner’s share but cannot increase that Block’s scheduled reward.
A 120M emission cap.
The 120,000,000 HETH hard cap is enforced by both the emission schedule and the token mint ceiling. Each halving epoch contains 6,261 blocks. Epoch zero schedules half the cap, each later epoch halves again, with a 96-epoch calculation bound. Integer per-round rewards become zero from epoch index 74, counting from zero; there are not 96 nonzero reward epochs. Because empty-block rewards, rewards not earned when activity is below target, integer dust, and the cutoff are never minted, final issuance can only be lower than the cap.
The first 209 blocks belong to the protocol.
The full Genesis began at deployment. Public trading is closed for the first 209 protocol rounds—exactly 24 hours, 2 minutes, and 6 seconds. After this clock opens, the first eligible successful Buy can activate starting liquidity within its transaction. Their exact scheduled 2,002,874.940105414470531711 HETH reward is reserved as permanent, protocol-owned starting liquidity. Any liquidity-rounding remainder remains permanently locked inside the hook. There is no team recipient, founder allocation, treasury inventory, or path to withdraw either the liquidity or that remainder.
During the first public 414-second round, the direct recipient HETH balance is limited to 2% of the total Genesis allocation: exactly 40,057.498802108289410634 HETH. This is a temporary direct ERC-20 balance limit, not a universal maximum purchase or per-person protection. PoolManager ERC-6909 settlement claims can exceed it; redemption into a direct balance remains restricted until the cap expires. Purchased-token settlement claims are separate from mining rewards.
Finalize after the block. Claim without expiry.
Once the 414-second window ends, the Miner’s Work and the scheduled block reward determine the final amount.
The Miner may claim, or anyone may claim for the Miner. The reward always goes to the Miner and never to the caller.
Claims have no expiry. Claim methods can process long histories in batches without creating a confiscation deadline or privileged distributor.
Swap fees become limit buy orders.
Normal wall updates become eligible every 104 rounds: 11h 57m 36s, approximately 12 hours. The maximum normal upward reference step is 1,177 ticks, approximately 12.489997%, described as up to 12.5%. Observations may support a smaller rise or none. Initial anchoring and generation/stall resets follow separate rules; the normal ceiling is not a universal reset limit.
The adaptive seven-level allocator funds nominal depths of 5%, 10%, 15%, 20%, 30%, 40% and 50% below the reference. Funding responds to deepest-range coverage, circulating supply and existing balances. There is no fixed funding split, and displayed amounts and shares reflect the last-settled ledger, not continuously reconstructed inventory after fills. Partial wall-position fills remain legitimate and are separate from incomplete user buys.
The adaptive fee starts at 3%, remains within the inherited 1–10% bounds, and retargets every 209 rounds: 24h 2m 6s, approximately 24 hours. This fee clock is separate from the wall clock. A retarget due before a swap can change the fee charged on that swap.
Swap fees fund seven buy orders below a conservative reference price. The protocol does not market-buy HETH. Burns are triggered separately. Anyone can trigger a burn for fully filled orders; partially filled orders are settled during an eligible Hook Wall update.
Up to 2% of each already-charged swap fee funds a capped maintenance-reward balance; the remainder funds the Hook Wall. This is part of the existing fee, not an extra 2% charge. A successful eligible update earns up to 0.00014 ETH from the maintenance balance, as a redeemable ETH credit in the PoolManager. The amount may be smaller or zero. A Buy still records the full swap fee as Work. The creator cannot redirect those funds, choose a recipient for bought tokens, withdraw HETH bought by the Hook Wall, or turn the fee stream into treasury revenue.
A due wall update needs a permissionless caller transaction. While the bounty escrow is below 0.0042 ETH, 2% of collected fees funds it. An eligible poke can earn up to 0.00014 ETH-equivalent in PoolManager ETH-backed claim credits, limited by the escrow. Credits require redemption before use as native ETH; they do not automatically fund gas. Harvest has no separate bounty. No standing worker or extra helper contract is promised, and bounty-redemption UI is deferred. Auto Miner is forthcoming and unavailable in this release.
No creator claim on issuance, fees, or starting liquidity.
- The HETH design has no founder, team, adviser, treasury, marketing, or private allocation.
- The token and hook expose no owner, admin, upgrade, pause, rescue, arbitrary mint, fee setter, blacklist, or whitelist.
- The adaptive swap fee begins at 3% and remains permanently bounded between 1% and 10%.
- The starting liquidity has no principal-removal or withdrawal path.
- The external PoolManager is a separate trust boundary whose owner and protocol-fee controller remain outside HETH control.
- The creator may participate only through the same public market and protocol methods as everyone else.
HETH · Robinhood Chain
HETH runs on Robinhood Chain. Public trading follows the full 209-round Genesis clock and onchain protocol checks. Use Docs → FAQ for existing legacy HETH token selling, mining claims and Miner refunds. Testnet and predicted addresses are not HETH mainnet deployments.
HETH is experimental. Deployment verification is not an independent security audit. The wall has finite funding; execution, price support, demand, rewards, returns and recovery are not guaranteed. Holders can lose money.
A separately funded second pool is optional later; no Genesis split is planned. Support for other pools and external routing requires separate verification.