$WIRE is a token on Robinhood. Every hour, holders vote an X handle. The 5% Uniswap tax funds a USDC bounty that's wired to that handle through X Money.
sweep() sells the WIRE stash to ETH, then ETH to USDC (Chainlink-floored, max 2% below oracle), and forwards to WireTreasury.disburse(epoch) to move the bounty pool into the winning handle's on-chain USDC bucket.markPaid(handle, epoch, txHash) records the X Money txHash back on-chain for full transparency.| 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 |
If your handle wins the vote, the payment lands in your X Money as claimable. If you'd like the option to withdraw the on-chain USDC bucket directly instead, register your wallet with the HandleRegistry:
cast call $WIRE_REGISTRY 'nonceOf(bytes32)' <handleHash> (next nonce = current + 1).wire.link 0xYourWallet n<nonce>cast send $WIRE_REGISTRY 'link(string,address,uint64,bytes)' \
'@yourhandle' 0xYourWallet <nonce> 0x<signature>
Rotating the wallet works the same way with a higher nonce. This is optional — payouts still route through X Money by default.
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.
Yes. Voting is optional. Every $WIRE also benefits from the 19% hourly buyback-and-burn.
Nothing prevents it. Buckets accumulate on-chain; the payout worker sends the aggregate.
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.
No. Wire is an independent protocol that uses X Money as the payout rail, the same way PAID does. Not affiliated with X Corp.