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How does.fun works.
Every coin is a yes/no question with a deadline. Trading it builds a pot. If it happens, holders split the pot. If it doesn't, the pot burns $DOES.
1. Launch a question
Pick one of three kinds and a deadline between 2 and 30 days away. Every coin has 1,000,000,000 tokens, opens at a $10,000 market cap and its liquidity is locked forever. You can make the first buy in the same transaction, so nobody trades ahead of you. There is no creator reward: launchers earn like any holder.
- Price: does BTC, ETH or a stock token reach a price, either at any moment before the deadline (touch) or at the deadline (close)? Settled by Chainlink.
- Market cap: does this coin itself reach a market cap? Measured as a 30-minute average, so one spike does not count. Targets start at 110% of the opening cap.
- Anything: any real-world event. Our AI judge screens the question first and writes exact resolution criteria, which are locked into the coin. No questions about harm, death or private people.
2. Trade and build the pot
Every buy and sell pays 3% in ETH: 2% goes into the question's pot, 1% buys and burns $DOES. The pot is live on the question page and grows with every trade. The protocol takes nothing from trading.
| Item | Amount | Goes to |
|---|---|---|
| Launch fee | 0.0005 ETH | Treasury |
| Pot fee | 2% of every trade | The question's pot while it is open |
| Burn fee | 1% of every trade | $DOES burn, always |
| After resolution | 2% of every trade | $DOES burn |
| $DOES trades | 2% | $DOES burn |
| Liquidity fee | 0 | Liquidity is locked forever |
3. Resolution
- The first day: nothing in a question's first 24 hours pays the pot, so nobody can launch minutes before an event they know is coming. Price touches and market caps only count from day two; a free-form event (or a stock close) in the first day still resolves YES, but its pot burns $DOES.
- Price touch: YES as soon as anyone submits a Chainlink round at or past the target, dated before the deadline (rounds are accepted until 1 hour after it). Otherwise NO.
- Price close: the last Chainlink round at the deadline decides, checked 10 minutes after the deadline.
- Market cap: YES when the 30-minute average reaches the target before the deadline. Otherwise NO.
- Anything: post evidence with links in the question's chat. The AI judge reviews it and, when it is confident, proposes YES on-chain with an event time. A 24-hour dispute window follows (0.01 ETH bond). Evidence is accepted until 24 hours after the deadline, but the event itself must happen before it.
Anyone can trigger resolution; a keeper does it automatically. Trading continues after resolution, and its pot fee then goes to the $DOES burn.
4. Payouts
On YES the pot is split among holders by their time-weighted balance over the 7 days before the event. It is pushed to wallets automatically; you can send it to another wallet (for example your fomo wallet) in your Portfolio. A VOID question refunds the pot the same way. On NO the whole pot buys and burns $DOES — see $DOES.
5. Badges
Verify up to 15 accounts (X, TikTok, Instagram, YouTube, GitHub, Farcaster, fomo and more) on Connections. Badges show next to your chat and evidence posts. They are reputation only; payouts never depend on them.
FAQ
Do I have to claim?
No. When a question resolves YES, a keeper pushes every holder's share to their wallet in batches of 150. Shares under 0.0001 ETH, or sends that fail, stay claimable in your Portfolio for 90 days.
Why did I get less than my balance suggests?
Shares are time-weighted over the 7 days before the event (or since launch, if shorter). Holding for the whole window earns the most; buying late or selling early earns less. Anything bought after the event earns nothing.
Can the team take the pot?
No. Pots sit in the hook and the vault and can only move along the rules above: to holders on YES or VOID, to the $DOES burn on NO. The team can settle disputes and void broken questions, nothing else.
What if the AI judge is wrong?
Anyone can dispute a proposal within 24 hours by posting a 0.01 ETH bond. The team then confirms, overturns or voids it. If you were right, the bond comes back.
It happened, why did the pot burn?
Because it happened within 24 hours of launch. The first day never pays the pot, so launching a question minutes before a known event earns nothing. The question still resolves YES; its pot buys and burns $DOES instead.
Is this a bet?
It is a coin. Its price moves with trading like any other coin and can go to zero. The pot is a share of trading fees, not a payout you are owed.
Coins are volatile and can go to zero. Nothing here is financial advice. Terms.
