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How ELYCLAIM works
Overview
ELYCLAIM launches coins on Montra, the launchpad on Kinetiq's Elysium, whose creator fees belong to the people holding them. Every coin launched here names one fee recipient: the ELYCLAIM claims pool. So every trade's creator fee, paid in HYPE, lands in the pool instead of in one person's wallet.
A keeper collects those fees, credits them to the coin's holders in a ledger, and keeps the HYPE in the pool. Holders claim whenever they want: as HYPE on Elysium, or carried off Elysium by Relay and delivered as another asset on another chain by NEAR Intents.
Launching on Montra
The launch is one transaction from your wallet to Montra's factory (0x38D3ef3A06D18fA3286Fb5dEAfe611be725fcD15): a standard Montra token with a Uniswap v4 pool quoted in HYPE, 1,000,000,000 supply, and the claims pool as its only fee recipient. Montra charges no launch fee; a dev buy, if you set one, happens in the same transaction. The coin shows up on Montra like any other, and trades on Montra or here.
| Trading fee | Montra | To the fee pot | After graduation |
|---|---|---|---|
| 1% | 0.4% | 0.6% | 0.5% (LP 0.1%) |
| 2% | 0.4% | 1.6% | 1.3% (LP 0.3%) |
| 3% | 0.4% | 2.6% | 2.1% (LP 0.5%) |
| 5% | 0.4% | 4.6% | 3.6% (LP 1%) |
Where the fees go
| Part | Share | Goes to |
|---|---|---|
| House cut | 10% | The house pot, credited to $ELYCLAIM holders once that coin exists |
| The coin's part | 90% | Its holders, pro rata; the creator can keep up to 50% of this part, chosen at launch |
The holders' share is fixed when the coin launches and written into its metadata (elyclaim.holdersBps). The default is all of it. A creator who keeps a share is credited the same way holders are, and claims the same way.
The $ELYCLAIM coin itself, if launched here, has no house cut: all of its fees go to its holders, and they also get the house pot.
Epochs
Every 10 minutes the keeper checks each coin's pending creator fees on Montra's hook and claims them once at least 0.002 HYPE is waiting (the claim's own gas comes out of what it collects). It books the house cut, and runs an epoch once at least 0.001 HYPE is waiting and the last epoch is 10 minutes old.
- Snapshot: every wallet holding at least 0.01% of supply, from balances replayed off the token's Transfer logs. Contracts (the pool manager, routers, lockers) drop out; EIP-7702 wallets count as wallets.
- Credit: each holder gets floor(holders' part × their balance ÷ all eligible balances), in whole gwei. The epoch, every credit line and every balance are written in one database statement.
- Nothing moves on chain for an epoch. The HYPE is already in the pool; the ledger now says whose it is.
Credits never expire. Selling your tokens stops future credits but keeps what you have earned.
Claiming
On the claim page you pick an asset and chain, enter the address it should go to, and sign one message with your wallet (personal_sign). The message names the route, the destination, a one-time nonce and the time; the server checks the signature against your address before anything happens, smart-contract wallets included. Signing is free and moves nothing from your wallet.
- HYPE on Elysium: the pool sends your whole balance, minus 0.00002 HYPE for gas, straight to the address.
- HYPE on HyperEVM, USDC on Arbitrum: the pool signs Relay's deposit for a live quote, and a Relay solver fills the asset on its chain in seconds. If Relay can't fill, it refunds the HYPE to the pool and the claim goes back into your balance.
- Everything else: Relay carries the HYPE to USDC on Arbitrum, straight into a one-time NEAR Intents deposit address from a live 1Click quote (FLEX_INPUT, so whatever Relay lands is swapped). A NEAR Intents solver delivers the asset on its own chain. Refunds from that leg go to your own address on Arbitrum, as USDC.
Your balance is debited and the claim recorded in the same statement, before the pool signs anything, and the signed transaction is stored before it is broadcast. So every claim ends one of two ways: it goes out, or the keeper sees it reverted or was dropped and puts the HYPE back into your balance.
Routes
17 routes:
| Asset | Chain | Via | Address |
|---|---|---|---|
| HYPE | Elysium | Elysium transfer | 0x… |
| HYPE | HyperEVM | Relay | 0x… |
| USDC | Arbitrum | Relay | 0x… |
| USDC | Base | Relay → NEAR Intents | 0x… |
| USDC | Ethereum | Relay → NEAR Intents | 0x… |
| ETH | Ethereum | Relay → NEAR Intents | 0x… |
| ETH | Base | Relay → NEAR Intents | 0x… |
| ETH | Arbitrum | Relay → NEAR Intents | 0x… |
| SOL | Solana | Relay → NEAR Intents | Solana address |
| USDC | Solana | Relay → NEAR Intents | Solana address |
| USDT | Solana | Relay → NEAR Intents | Solana address |
| BTC | Bitcoin | Relay → NEAR Intents | bc1q… |
| ZEC | Zcash | Relay → NEAR Intents | t1… |
| NEAR | NEAR | Relay → NEAR Intents | name.near |
| DOGE | Dogecoin | Relay → NEAR Intents | D… |
| LTC | Litecoin | Relay → NEAR Intents | ltc1q… |
| XRP | XRP Ledger | Relay → NEAR Intents | r… |
Bridged routes have minimums set by Relay and the NEAR Intents solvers; Bitcoin's is the highest. The claim page shows the quote, or the minimum, before you sign. Small balances can always go out as HYPE on Elysium (from 0.001 HYPE).
What can go wrong
- Relay doesn't fill: Relay refunds the HYPE to the pool and the keeper puts the claim back into your balance.
- No NEAR Intents solver fills: 1Click refunds the USDC to your address on Arbitrum. The claim shows as refunded.
- The pool's transaction reverts or is dropped: the keeper reverses the claim and your balance is back, usually within a couple of minutes.
- A wrong destination address cannot be undone. The page checks the format for each chain, and Relay and NEAR Intents reject addresses they can't deliver to, but a valid address that isn't yours is still valid.
Wallets and records
The claims pool is one Elysium address derived from a server seed. It is every coin's Montra fee recipient, it holds the HYPE owed to holders, and it signs every payout. The house pot is a line in the same ledger, held in the same pool.
Claims pool 0xA0dD39fF7fA700299AFB5EBe0fB256beef30d0b0
On chain: 0.000000 HYPE · owed to holders, waiting for epochs and in the house pot: 0.000000 HYPE
The pool always holds at least everything it owes: every unclaimed credit, everything waiting for an epoch, and the house pot, plus a little HYPE for gas.