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$WIRE is a token on Ethereum. Every hour, holders vote an X handle. The 5% Uniswap tax funds a USDC bounty that's wired to that handle through X Money.

How it works

Trade on Uniswap. $WIRE trades on a single Uniswap v4 pool (WIRE/ETH). 5% of every buy and sell accrues to the WireHook.
Anyone sweeps. sweep() sells the WIRE stash to ETH, then ETH to USDC (Chainlink-floored, max 2% below oracle), and forwards to WireTreasury.
Treasury splits. 5% to the dev wallet, 19% to buyback-and-burn $WIRE, 76% to the hour's bounty pool.
Holders vote. Every hour, $WIRE holders propose and vote on one X handle. Voting weight is snapshotted at the epoch open. Winning needs ≥0.5% of supply.
Disburse. When the hour closes, anyone can call disburse(epoch) to move the bounty pool into the winning handle's on-chain USDC bucket.
Payout worker. Our worker off-ramps USDC via Kraken, funds the @UseWire X Money balance, and sends to the winning handle.
Notarize. markPaid(handle, epoch, txHash) records the X Money txHash back on-chain for full transparency.

Launch parameters

Supply: 1,000,000,000 $WIRE, fixed, burnable
Starting FDV: $9,000
Pool: Uniswap v4 WIRE/ETH, single-sided, ~100× range from spot upward
LP fee: 0.30%
Tax: 5% on both sides, unspecified currency
Epoch: 1 hour
Proposal threshold: 0.1% of supply at snapshot
Winning floor: 0.5% of supply
Reclaim window: 30 days

Contracts

Ethereum mainnet deployment pending. Verified addresses will appear here at launch.

$WIRE — ERC20Votes, 1B fixed, burnable, timestamp clock, auto self-delegation
WireHook — Uniswap v4 5% tax hook, oracle-floored sweep + buybackAndBurn
WireGovernor — hourly epoch propose/vote on X handles, ≥0.5% winning floor
WireTreasury — 5/76/19 USDC split, dev lane, payout-worker interface, 30-day reclaim, on-chain markPaid
HandleRegistry — attestor-signed handle → wallet linkage for direct-claim v2

Trust model

Step	Who can call	What bounds it
Tax skim	Uniswap pool	5% of unspecified currency in the hook
sweep()	Anyone	Chainlink floor, 2% max slippage
Split	Treasury	Fixed 5/76/19 BPS constants
buybackAndBurn()	Anyone	Oracle-floored, capped at burnPending
Vote	$WIRE holders	Snapshot weight, ≥0.5% floor
disburse()	Anyone	Only after epoch close, once per epoch
reclaim()	Anyone	Only after 30 days of no payout
X Money send	Payout worker	Public identity, on-chain markPaid receipt

FAQ

Does the recipient need an X Money account?

No. X Money holds the payment as claimable and notifies the handle. If they don't claim within ~14 days, the payment can be reclaimed and returns to the bounty pool.

Can I hold $WIRE without voting?

Yes. Voting is optional. Every $WIRE also benefits from the 19% hourly buyback-and-burn.

What if the same handle wins repeatedly?

Nothing prevents it. Buckets accumulate on-chain; the payout worker sends the aggregate.

Why single-sided at $9k FDV?

All 1B $WIRE seeds a v4 pool from spot upward with no ETH required. Buyers move the price up through the range; the 5% tax kicks in from the very first swap. Low starting FDV means the first hourly bounty can meaningfully outpace market cap.

Is Wire affiliated with X or X Money?

No. Wire is an independent protocol that uses X Money as the payout rail, the same way PAID does. Not affiliated with X Corp.