I · What FAVUS is
FAVUS (Latin: honeycomb) is an openly experimental token on Ethereum mainnet with an ancient-Roman temper. It does two things, mechanically and on-chain, with nobody at the controls: buyers build the walls, sellers feed the veterans.
Every buy pays a 3% tax in ETH that becomes a wall of buy orders under the price. Every sell pays a 3% tax in $FAVUS that is shared, automatically, with the holders who have stayed — weighted by how much they hold and how long they have held it. There is no wallet to connect, nothing to claim, no owner, and nothing that can be changed after deployment.
It is a fun experiment with full disclosures. You can lose everything. The floor starts near zero and is not a guaranteed price. Read the disclaimer before anything else.
II · The tax
Every swap in the FAVUS/WETH Uniswap V4 pool pays 3%. The tax is taken by the pool's V4 hook, not by the token: $FAVUS is a plain ERC-20 apart from the honey accounting, and wallet-to-wallet transfers are not taxed.
- Buys pay 3% in ETH (WETH). It goes to the wall (section III).
- Sells pay 3% in $FAVUS. It goes to the honey (section IV).
- All four swap routes are taxed — exact-input and exact-output, buy and sell. The exact-output sell route is the one hooks usually miss; this one does not.
III · The wall
The ETH from buy tax is kept by the hook as single-sided WETH positions inside the same pool, just under the current price: resting buy orders, a bid wall. When price dips into it, the wall buys $FAVUS from sellers and burns what it buys. That level is what we call the floor.
Brick courses. The wall is layered like Roman brickwork. ETH already laid stays at its level; new buy tax is laid as a new course on top, just under the current price (behind a lagged, manipulation-resistant reference — never same-block spot). So as price climbs, the wall grows upward course by course, and the lower courses remain as deeper bids. Laying a course costs gas on mainnet, so it happens on thresholds (tax accrued, price moved, time elapsed), inside swaps or through a poke() anyone may call.
Regroup. If a dump eats the whole wall and price falls below it, the wall does not wait up there: new buy tax lays a fresh course just under the new price, so a bid is always catching sellers. The record floor — the highest level the wall has ever reached — only ever goes up. The live wall can sit below the record after a regroup.
The floor starts near zero and is not a guaranteed price. It is not your entry price. It is a wall of real orders, and real orders can be used up by enough selling — after which price can trade below the record floor until the regrouped wall catches it.
IV · Veterans' honey
The $FAVUS from sell tax is Veterans' honey. It is shared among holders in proportion to weight = balance × ripeness (section V). Nobody claims anything: balanceOf already includes the honey you have accrued, and it settles into storage whenever your account is touched.
- Selling or sending tokens out settles your accrued honey first, then resets your ripeness to zero for what remains. You are a recruit again.
- Buying or receiving settles first, then blends your age: the new start time is the balance-weighted average of the old start and now.
- Excluded from honey: the Uniswap PoolManager, the hook, the token contract, the launcher,
0xdEaD, and anything else that holds $FAVUS as plumbing. Ordinary contracts and multisigs are included. - Anti-sniping: a wallet that buys right before a honey drop has near-zero ripeness and captures almost nothing.
Honey is redistributed sell tax, not income or yield. It depends entirely on other people selling. If nobody sells, there is no honey.
V · Ripening
Ripeness grows with time since your last reset: r(age) = 1 − e−λ·age with λ = ln 2 / 7 days. Half-ripe after one week, effectively full after a month.
| Time held | Ripeness | In plain words |
|---|---|---|
| 1 day | ≈ 10% | A recruit. Almost nothing yet. |
| 1 week | 50% | Half-ripe. The curve's half-life. |
| 2 weeks | 75% | Most of the way there. |
| 1 month | ≈ 95% | Effectively full. A veteran. |
| Any sell or outgoing transfer | 0% | Reset. You start again as a recruit. |
| Constants are fixed at deployment and cannot be changed by anyone. | ||
VI · Launch
- Fixed supply of 1,000,000,000 $FAVUS. No mint function, ever.
- A single-sided Uniswap V4 pool: token-only liquidity in four bands, split 30 / 30 / 25 / 15 across 1×→3×→10×→100×→1000× of a 1.5 ETH opening market cap. No ETH is seeded by anyone.
- All liquidity positions go to
0xdEaD. The deployer ends with zero tokens. No team allocation, no presale, no treasury. - Everything deploys in one atomic transaction (token, hook, pool, bands), sent privately so it cannot be front-run, after a full fork rehearsal.
The contract address will appear on the homepage, and only there, at launch. Until then any address claiming to be $FAVUS is a scam.
VII · Immutability
There is no owner, no admin key, no upgrade path and no tunable parameter from block one. The 3% tax, the ripening constants and the wall logic are fixed at deployment.
This cuts both ways. Nobody can rug, pause, or change the rules on you — and nobody can fix a bug, pause, or refund either. Immutable means immutable, including mistakes. The contracts will be audited by AI agents, not by a professional audit firm, unless one is commissioned and its report published.
VIII · Reading the chain
This website is read-only. It never asks you to connect a wallet or sign anything, and it never will. The only outbound action anywhere on it is a link to Uniswap, where you trade in your own wallet as you would for any token.
- The treasury plaques read the wall size, the record floor, burned supply, honey shared, holders and supply from a public Ethereum RPC, once the pool exists.
- The veteran check takes an address you type and reads its balance, ripeness and accrued honey. Nothing you type is sent anywhere but a public RPC.
- If the chain is unreachable, the plaques show a dash and say so. They never show a stale number as if it were live.
IX · Integrations
- Balances change without transfers. Wallets, indexers and exchanges that only refresh on transfer events can show a lagging number. The chain is right; the display is behind.
- Hook pools and routing. Pools with hooks may not be routed by every aggregator or by the Uniswap app unless allow-listed. You may need to trade the pool directly.
- No affiliation with Uniswap or anyone else. The Roman theme is decoration.
X · Glossary
- Favus
- Latin for honeycomb. The token's name.
- Mel
- Latin for honey. The sell tax that is shared with holders.
- Apis
- Latin for bee. The traders whose activity builds the comb.
- The wall
- The layered single-sided ETH buy positions the hook lays under the price from buy tax, course by course. Also called the floor. Not a guarantee.
- Record floor
- The highest level the wall has ever reached. It only goes up. The live wall can be below it after a regroup.
- Regroup
- What the wall does after being used up: new buy tax lays a fresh course just under the new, lower price.
- Veteran
- A holder whose ripeness is near full — about a month without selling.
- Recruit
- A holder who just bought, or who just sold and was reset. Near-zero ripeness.
- Ripeness
- The share of full honey weight a position has reached since its last reset. Half at one week.
- Hook
- The Uniswap V4 contract that runs on every swap in the pool and takes the tax.
XI · Risks
Experimental software; total loss is possible. The floor starts near zero and is not a guaranteed price. Honey depends on others selling. Nobody can fix a bug. Ethereum gas, MEV, smart-contract and Uniswap V4 risks apply. Some apps may display balances wrongly.