Varve is live in @ponsdotfamily. The protocol is 100% operational. ๐
โ Every trade pays a fee
โ An immutable contract collects it, no one can touch it
โ The vault turns it into bitcoin (cbBTC)
โ Redeem your share of the reserve anytime, 0% fee
Official contract:
0xa74d5a65dceed3522495ef5df2c8d9b3ade1a7a5
Only trust this address. $VARVE
1,487,871 $VARVE are now sitting in 0xโฆdEaD.
that address has no key. nobody can ever move those tokens, and the vault subtracts that balance when it counts supply.
supply on https://t.co/rNwtWfVfYO: 999,400,000 โ 997,912,128, updated live.
total removed from supply so far: 2,087,871 VARVE.
https://t.co/t2GEaReMPH
#RobinhoodChain
@ponsdotfamily@RobinhoodCrypto@RobinhoodApp
burn log, day 3.
another 200,000 $VARVE burned with burn().
day 1 โ 999,800,000
day 2 โ 999,600,000
day 3 โ 999,400,000
600,000 gone for good. every number above is the total supply read straight from the contract, and https://t.co/rNwtWfVfYO shows it live.
check it yourself:
https://t.co/6JBwTyT79h
#RobinhoodChain
@ponsdotfamily@RobinhoodCrypto@RobinhoodApp
gm โ
day 4.
fun fact: a varve is a layer of sediment a lake lays down once a year. geologists count them like tree rings. that's where the name comes from.
so far we've laid down four:
โ launch
โ 200k burned
โ another 200k burned
โ today
supply went from 1,000,000,000 to 999,600,000. nothing promised, everything on-chain.
what's everyone building this weekend? ๐
https://t.co/5PH5fpRAbc
#RobinhoodChain
@HOODdailyTK@RobinAlphas@ponsdotfamily
burn log, day 2.
another 200,000 $VARVE burned with burn(). gone from the total supply, not parked in a wallet.
day 1: 200,000
day 2: 200,000
burned so far: 400,000
total supply: 1,000,000,000 โ 999,600,000
the site now reads the supply live from the chain, so every burn shows up there on its own.
tx: https://t.co/0TT4RI9pnz
https://t.co/5PH5fpRAbc
#RobinhoodChain
@HOODdailyTK@RobinAlphas
most tokens are a chart and a promise.
Varve is a mechanism:
โ 3% of every trade goes to an immutable vault
โ every 0.10 ETH, the vault buys bitcoin on its own
โ any holder can redeem their share of that bitcoin. anytime, no fee
no admin keys. no mint. no tokens reserved for anyone.
the whole protocol, step by step, in 90 seconds ๐
launched on @ponsdotfamily
graduates to @Uniswap v4
lives on Robinhood Chain @RobinhoodApp
https://t.co/5PH5fpRAbc
https://t.co/0MtVShUI1n
#RobinhoodChain
wrote down everything about Varve in one place.
how the fees turn into bitcoin, how the floor works, what can't be changed, and the part most projects skip: what could still break it.
no promises in there. just the design and the risks.
#RobinhoodChain https://t.co/aWl1zYwnq3
quick note on how burns work at Varve, since people will ask:
team burns โ burn()
the tokens are destroyed and total supply drops on-chain. first one done: 200,000 $VARVE
protocol burns โ 0x000000000000000000000000000000000000dEaD
same method Pons uses. the dead wallet has no key, so nobody can ever move those tokens, and the vault already subtracts that balance when it calculates supply
both are permanent. both are public. don't trust me, check it:
https://t.co/iR9J0vDjkb
@ponsdotfamily@RobinhoodCrypto
We are in a deplorable crypto situation, on X you only see bot profiles posting the same thing every day asking questions like:
- What's the ticket?
- What is the next 100x?
- What will be the next gem?
But in the end, they only do it to gain views and get paid for talking about a project. Where are the OGs of this ecosystem who bet on projects that contributed to the ecosystem?
not gonna call my own token a runner, that's for the market to decide.
but if you're looking for something on Robinhood Chain that isn't just a meme:
$VARVE. trading fees go to a bitcoin reserve, contracts are immutable, 200k already burned.
CA: 0xa74D5a65DCEED3522495eF5df2C8D9B3AdE1A7a5
https://t.co/0MtVShUI1n
gm
day 3. just facts, no promises:
โข live on Robinhood Chain
โข 200,000 $VARVE burned for good, supply now 999.8M
โข contracts are immutable. no admin keys, nobody can change the rules, me included
it's quiet and I won't pretend otherwise. I'll keep building and posting what actually happens, nothing more.
if you're building or trading on Robinhood Chain, say hi. I'd like to know who's around ๐
https://t.co/5PH5fpRAbc
@ponsdotfamily@RobinhoodCrypto
$VARVE hasn't graduated on Pons yet, and the protocol is already 100% live. ๐ข
โ Every trade's fee is collected by an immutable contract
โ A watcher checks the chain every minute
โ The vault buys bitcoin at every 0.10 ETH
โ Redemption and staking go live with the first bitcoin purchase
Graduation only moves trading from the Pons curve to Uniswap v4. The protocol doesn't wait for it.
200,000 $VARVE burned. Forever. ๐ฅ
Not sent to a dead wallet: destroyed with burn().
Total supply on-chain: 1,000,000,000 โ 999,800,000
Fewer VARVE, same bitcoin reserve: every remaining VARVE now holds a bigger share of it.
Proof below ๐