Phase 1 · Floor Defender
Try to dump it.
We dare you.
A treasury that programmatically buys $COCKY when price drops below the on-chain floor — and burns what it buys. The floor ratchets up as cumulative buybacks grow. It strengthens with the project.
Activates in Phase 1 (week 2–3 post-genesis)
Reserve seeds from 20% of every transfer fee starting at genesis. Once seeded, the program goes live and anyone can permissionlessly trigger a defense check.
Mechanism
- 01Anyone calls defend() — the call is permissionless.
- 02The program reads Pyth (SOL/USD) and the pool's 5-minute TWAP.
- 03If current price < on-chain floor, the program CPI's into Jupiter to market-buy with up to max_per_trigger SOL.
- 04Bought $COCKY is burned. Defense is deflationary.
- 0510-minute cooldown between triggers. Reserve refills automatically from every transfer.
- 06Floor = base + ratchet × cumulative_buybacks. As more is burned, the floor rises.
Honest disclosure: if the reserve empties faster than fees refill it, the floor becomes psychological. The reserve is finite — the mechanism is not a price guarantee. It's a programmatic bidder that scales with volume.