$MADNOMICS
The Engine of Madness $MAD is the lifeblood of Madhoney.fi, designed to reward traders, gamblers, and liquidity providers through a self-reinforcing economic system.
Last updated
The Engine of Madness $MAD is the lifeblood of Madhoney.fi, designed to reward traders, gamblers, and liquidity providers through a self-reinforcing economic system.
Last updated
Madhoney.fi is a self-fueled degen ecosystem bound together by $MAD:
Trade perpetuals on MadPerps β Fees pump $MAD.
Gamble on MadMachine β Burns dump supply.
Treasury buybacks β Buys pump $MAD.
No VCs. Just dollar-backed chaos.
$MAD is 100% minted via a bonding curve tied to $dbUSD (MadPerpsβ LP shares).
Backed by USD (e.g., $Honey, $NECT): All liquidity is dollar-denominated.
Price Formula:
p(K)= $MAD price in $dbUSD
K= $dbUSD in the bonding curve
K = additional investment of $dbUSD
d= valuation factor (set to "degen mode")
Translation:
More trading volume β price of $dbUSD pumps β price of $MAD goes up
The more people buy $MAD β the more the price goes up.
= UP Only.
Trade-to-Earn: the more you trade, the more $dbUSD goes up. The more $dbUSD goes up, the more $MAD pumps. Your trades thrive the flywheel
Gamble-to-Burn: the more people gamble on the MadMachine, the more $MAD supply is burnt.
Buybacks-to-Valhalla: MadHoney profits are put into the bonding curve β $MAD pumps.
Bonding curve spread: Every time a trader buys/sells to the bonding curve, a small fee is kept in the curve.
Trade Berachain ecosystem tokens with leverage on dollar-denominated perps.
Fees (0.05%) & exchange PnL: Split between:
$dbUSD pool (pumps bonding curve): 2bps & 75% of exchange PnL (slippage, PnL)
Default pool (to keep Beraβs safe): 2bps & 25% of exchange PnL (slippage, PnL)
Buyback & burn $MAD (scarcity go brrr): 1bps
Pro Tip: The more you trade, the more you pump your own $MAD bags. This isnβt adviceβitβs math.
Buy $MAD with stables.
Spend 1$ worth of $MAD to spin the wheel, 3% of the $MAD you spent is burned.
If you lose, the $MAD you spent goes into the jackpot. If you win, you can earn big time.
Provably fair.
Win: Jackpot paid in $MAD.
House Edge: βFuck no, we are not a shady casino. We donβt keep anything, but burn baby burn. Burns = fewer tokens = $MAD up. Stay mad.β
Launch details will be revealed thoon. MadBears, you're first in line for the $MAD launch! The more MadBears you hold, the earlier you get in.
100% of total supply is sold over the bonding curve. Even treasury and team tokens are bought from the bonding curve. The supply bought by the team will be allocated to long term team incentives (5%), and treasury (20%). The treasury will be vested and focused on building stable long term incentives for the $MAD Ecosystem.
Category
Supply
Vesting
Team
5%
3-month linear
Treasury
20%
Community-governed, 12-month linear
Mad Buyers
75%
No vesting
Note: $MAD is earned, not printed.
Trade on MadPerps: Fees β $dUSD β $MAD price up.
Gamble on MadMachine: Buy $MAD β Burn tokens β Scarcity up.
Buy $MAD through the bonding curve and Hodl.
Delay on large withdrawals (>10% of perpetual liquidity pool).
A: Leverage on the finest of Berachain on MadPerps. Youβll get your volatility fix.
A: Weβre anon, not clowns. Stay paranoid.
A: Bonding curveβs liquidity (backed by USD) ensures exits. But why sell when burns = fewer tokens, and trades = higher price?