Most tokens punish patience. Early holders watch supply inflate, insiders exit, and value erode. The market has trained participants to sell early — and it is usually right to do so.
Project Diamond is an experiment built on a single thesis: what if the mechanics were designed so that every exit made the remaining holders richer? Through on-chain fee routing, automated wBTC accumulation, and a 5-year time-locked vault, Diamond is designed so that time itself becomes the yield.
The paradox at the heart of Diamond: If everyone holds, vault shares are scarce but deeply valuable. If paper hands dominate, the vault fills rapidly. Either outcome rewards holding.
Project Diamond is a direct descendant of protocols that took market psychology seriously as a design constraint — chief among them PNKSTR, whose closed-loop buyback mechanic demonstrated that a token could reward conviction rather than speculation.
What PNKSTR proved is that when mechanics align with human psychology, communities self-organize around the token without being told to. Holders become advocates. Paper hands become a cautionary tale. Project Diamond inherits that philosophy and extends it with a concrete endgame: a Bitcoin vault that grows with every exit, claimable only by those patient enough to reach the finish line — with no deadline, ever.
Every buy and sell of DIAMOND generates a 1% swap fee routed to the deployer wallet by the TTT protocol. That 1% is itself divided: 50% is retained by the deployer as a direct operational fee, and the other 50% flows entirely into the DiamondFeeReceiver contract — the protocol's redistribution layer. It is this 50% that accumulates and is split automatically on every qualifying batch. No portion of the redirected 50% returns to the deployer except through the hardcoded 12% net share described below.
The deployer's 15% is itself split into two parts. A 3% caller bounty is paid immediately to whichever wallet triggers the convertAndSplit() function — this incentivises keeper bots and community members to run conversions autonomously without any action required from the deployer. The remaining 12% net goes to the deployer wallet to cover ongoing costs: gas, infrastructure, and site maintenance. All splits are hardcoded at deployment and cannot be changed.
| Recipient | Share | Purpose |
|---|---|---|
| wBTC vault | 65% | Accumulates for 5-year lock · diamond hands claim |
| Buyback burn | 20% | Buys DIAMOND on-market · sends to dead address |
| Caller bounty | 3% | Paid to whoever triggers the conversion |
| Deployer net | 12% | Gas · infrastructure · site costs |
| Trigger | Threshold | Notes |
|---|---|---|
| Manual | 0.1 ETH | 7-day window must have elapsed |
| Auto | 0.2 ETH | Fires immediately at any time |
65% of every batch converts to wBTC via Uniswap V3 and deposits into DiamondVault — a fully immutable smart contract with no admin keys, no upgrade path, and no escape hatch. The vault accumulates for exactly 5 years from the TTT burn timestamp, then opens for claims permanently.
The mechanic in one sentence: Every time someone sells DIAMOND, they fund the Bitcoin reward for the people who didn't.
Claims are proportional to each holder's Time-Weighted Average Balance (TWAB) over the full 5-year period. This is computed by a public subgraph indexing every DIAMOND transfer from launch block to unlock. Every second of holding counts. The longer and larger your position, the greater your claim.
As the 20% buyback burn reduces circulating supply, each remaining holder's TWAB share grows automatically — without any action required. Every paper hand that sells simultaneously funds the vault and increases the proportional claim of every holder who stays.
| Behaviour | Effect on claim |
|---|---|
| Hold all 5 years | Maximum TWAB accumulated |
| Hold through burns | Share % grows as supply shrinks |
| Sell early | Lose all future balance-seconds |
| Buy late | Few days to accumulate balance-seconds |
Every claim in this document is verifiable on-chain. Trust is not required — verification is.
| Property | Guarantee |
|---|---|
| Vault contract | Immutable. No admin keys. Verified on Etherscan. |
| Fee split | 65/20/15 hardcoded at deploy. Cannot be changed. |
| Buyback burns | Tokens sent directly to 0x000...dEaD in same transaction. |
| TWAB indexing | Open-source subgraph. Anyone can verify computation. |
| Merkle root | 7-day public challenge window before finalising. |
| Claims | No deadline. No expiry. No sweep. Never. |
This is an experimental project. It does not constitute a financial product, investment, or security of any kind.