Whitepaper · current + future

The split, then the layer.

01

Part A · Current protocol

What works today: a Robinhood Chain Testnet implementation where FeeRouterV2 takes a 1% swap fee, converts it into mock NVDA, and distributes it through the current 20 / 60 / 20 model. The interface is a working proof of mechanism, not the final universal UX for every project.

StageActionWhat happens
01Current testnet swapFeeRouterV2 takes 1% from the input. The remaining 99% follows the MockDEX path back to the trader.
02Reserve asset conversionThe fee is converted into mock NVDA on Robinhood Chain Testnet. It is an ERC-20 demo asset, not NVIDIA stock.
03Current distributionThe reserve is split 20% Creator Treasury, 60% HolderStaking, and 20% ReserveVaultForever.
04Holder accountingUsers stake MEME, accrue claimable mock NVDA from the 60% bucket, claim it, or unstake their MEME.

02

Why this proof exists

Meme trading creates temporary attention and fee flow. The testnet asks a concrete question: can part of that flow become a measurable reserve with transparent destinations?

Stake, swap, claim, and unstake are explicit verification tools for fee routing, holder accounting, reserve distribution, and contract behavior. They demonstrate the mechanism without claiming that this exact consumer interface is the final form of the protocol.

03

Current V2 implementation

FeeRouterV2 takes the protocol cut and splits the resulting mock NVDA across three current buckets.

Holders (60%). HolderStaking accounts for the current testnet holder share. Users stake MEME, accrue rewards as fees arrive, and claim mock NVDA.

ReserveVaultForever (20%). The vault is append-only. There is no withdraw, sweep, or rescue path.

Creator Treasury (20%). This is the visible operational bucket. In the future standard, this allocation belongs to the project creator.

The current demo uses SWAP because that is the deployed FeeRouterV2 action. The future production concept is broader eligible trading activity with a fixed 20 Creator / 60 Trader Community / 20 Forever split; its exact accounting and canonical reserve asset are not yet selected.

04

Honest limits of testnet

  • Mock NVDA is not NVIDIA stock and will not become it by renaming the UI.
  • Demo USD uses a fixed mark — a label for the landing, not a price feed.
  • The Giltmark terminal and valley animations illustrate the mechanism; they do not move the chain.
  • A live reading of 0 is a real reading. Empty is allowed. Empty is honest.
  • Testnet state can vanish. Do not plan a treasury around it.

05

Who it is for

  • Traders. You already create fee flow. The protocol can turn part of it into a visible reserve.
  • Testnet stakers. HolderStaking currently demonstrates accounting for the 60% bucket. Staking is not the intended production trader experience.
  • Creators. The future product is for pre-launch meme projects that choose the fixed Reserve standard from the beginning.

06

Contracts + how to verify

The current implementation is deployed on Robinhood Chain Testnet 46630. Use the explorer links below to verify balances and contract roles against the live protocol status. Technical identifiers remain exact, even where the product narrative is broader.

07

Risks

  • Testnet can reset, stall, or lie. Treat every number as a demo until mainnet.
  • Mock NVDA is an ERC-20, not NVIDIA equity. Demo USD is a sticker, not an oracle.
  • Smart contracts can be wrong. The forever vault is immutable by design — bugs cannot be patched by a friendly admin.
  • The protocol does not make a meme ticker safe. It only defines a fee flow.
  • No airdrop, no points, no promised token. If someone DMs you otherwise, they are not us.

08

Part B · Future Reserve standard

Giltmark Protocol is being built primarily for creators who choose the Reserve standard before launching a meme project. Eligible trading activity would create an additional 1% reserve fee with one fixed split: 20% Creator, 60% Trader Community, and 20% Forever. This is the Reserve standard we are building; it is not creator-configurable and is not yet an adopted industry standard.

The future 60% share is based on each trader’s own eligible trading activity. The intended product lets the trader claim the Community Share created by that activity, and the entitlement should remain associated with past activity even if the trader later sells the meme token. The production experience should not require stake → claim → unstake. HolderStaking is the current testnet accounting mechanism, not the final trader-accounting architecture.

Exact eligible-trade rules, buy/sell coverage, venue integration, wash-trading resistance, and claim accounting remain future engineering work. The final canonical reserve asset is also not selected. Mock NVDA is only the current testnet demonstration asset.

20% Creator

The project allocation under the fixed future standard.

60% Trader Community

A trading-based reserve entitlement created by each trader’s own eligible activity.

20% Forever

Reserve value irreversibly committed to the project’s Forever metric.

09

Future protocol example

Concept only — not the current deployed HolderStaking behavior.

Eligible trading volume$10,000
1% reserve fee$100
20% Creator$20
60% Trader Community$60 entitlement
20% Forever$20 irreversibly committed

10

Forever · commitment and status

Forever measures how much reserve value a project’s trading activity has irreversibly committed. The creator voluntarily accepts that the 20% Forever flow cannot later be reclaimed through normal treasury discretion.

FOREVER CONTRIBUTED is the primary lifetime metric: the cumulative reserve value actually routed into Forever. It remains a stable historical contribution measure when asset prices move. FOREVER VALUE TODAY is secondary: the current market value of assets inside the reserve, which may be higher or lower. The two must never be presented as the same number.

Future project comparisons may use objective reserve metrics such as largest Forever Contributed, milestones, historical records, or growth records. That status layer is not live and is not a reward program. Forever does not prove honesty, token quality, project safety, organic volume, or guaranteed longevity.

11

Future pre-launch creator path

A creator would launch with the fixed 20 / 60 / 20 Reserve standard from the beginning. Existing-token integration may be researched later; it is not the primary model and there is no instant self-service launcher today.

01

Pre-launch creator

02

Launch with the Reserve standard

03

Eligible trading activity

04

1% reserve fee

05

20% Creator

06

60% Trader Community entitlement

07

20% Forever

08

Public Project Reserve Profile

12

Project Reserve Profile · future concept

A future profile should separate lifetime contribution from market-dependent current value. All values below are explicit placeholders, not live metrics.

Project name
EXAMPLE
EXAMPLE MEME
Status
NOT LIVE
FUTURE
Lifetime eligible volume
FUTURE METRIC
$—
Total reserve fees generated
FUTURE METRIC
$—
Creator allocation
FUTURE METRIC
$—
Community allocation
FUTURE METRIC
$—
Forever Contributed
PRIMARY
$— LIFETIME
Forever Value Today
SECONDARY
$—
Reserve asset
NOT SELECTED
TBD · CANONICAL
On-chain proof
FUTURE
FUTURE VERIFICATION
Milestones
FUTURE
FUTURE

13

Open production questions

These are deliberate research and engineering questions for demand validation and a future development team — not deployed capabilities.

  • Wash-trading resistance and the final definition of eligible trading activity
  • Buy/sell accounting and production trading-venue coverage
  • Exact trader entitlement and claim accounting
  • Production execution, oracle, and pricing architecture
  • Selection of a durable, liquid, legally feasible canonical reserve asset
  • Mainnet stock-token infrastructure, security, and legal model
  • How broader multi-asset architectures preserve a comparable Forever metric

14

The evolution

The Roadmap moves from the current proof to an early pre-launch creator pilot, then production trader accounting, security and integration work, canonical reserve asset selection, creator launch infrastructure, reserve profiles, and a broader ecosystem.

Read the roadmap →