The BotBot Token
The BotBot token is backed the same way a fleet token is: by assets it owns. Its floor (MAV) grows from two sources:
- The platform's 1% of the levy on every fleet trade.
- Fleets that the treasury funds.
What backs it
BotBot MAV = treasury assets ÷ token supply
| Asset | Counted at |
|---|---|
| USDC | Face value |
| Fleet tokens | That fleet's MAV, not its price |
| Loans out | What is still owed |
New tokens are sold only above MAV. Buybacks pay MAV − 1.5% and burn. The floor only goes up.
Flow 1: the levy
Every fleet trade pays 2%. 1% stays in that fleet's reserve. 1% goes to the BotBot treasury and raises BotBot MAV. More fleets and more trading mean a higher floor.
Flow 2: owned fleets
- The treasury buys into a new fleet's raise or pays its vendor escrow.
- It gets fleet tokens at that fleet's MAV, so BotBot MAV doesn't change on day one.
- The robots earn, the fleet's MAV rises, and so does BotBot MAV.
- That fleet also pays the levy back to the treasury, so the treasury earns twice from it.
Rules
- Fleet stakes are counted at MAV, never at market price.
- At most 10% of the treasury goes into one fleet. At least 40% stays in USDC for buybacks.
- Only fleets with hirers lined up and a good-grade manager are funded.
- Fleets can't hold BotBot tokens, so nothing is counted twice.
- Treasury stakes follow the same lock and payback gate as everyone else.