A memecoin where every trade quietly buys US Treasury bills for the holders.
The floor is live-readable, or it is nothing.
Every figure below is a live on-chain read via this site’s own RPC calls, cached 60 seconds. Before launch the floor fields say so. We will not show a floor number before one exists.
The floor only climbs. Watch it chase the price.
The floor climbs every hour while the price moves with the market. It appears here at launch.
Every point, including the history, is a real on-chain read at that block: vault balance, redeemable supply, Chainlink prices, and a live curve quote. Nothing is interpolated or stored off-chain. Log scale, since the vault came online.
Everything, including what the operator earns.
Most token sites bury the fee switch. Here it is, in gold. If any disclosure below turns out to be false, the contracts are on-chain to prove it.
Redeem FLOOR, take your T-bills.
Two transactions: approve the vault, then redeem. Your FLOOR is locked in the vault forever, and you receive SGOV, the T-bill token itself, directly: in-kind, pro-rata, no oracle, no swap in the money path.
Redeeming locks your FLOOR in the vault forever (the token has no burn function) and sends your pro-rata share of the vault's SGOV (tokenized 0–3 month US T-bills) directly to your address: you receive the T-bill token itself, in-kind, no oracle, no swap in the money path. The 2% fee is retained by the vault, so every exit raises the floor for everyone who stays.
Turn your SGOV into ETH, right here.
Redeemed and want out entirely? Sell your SGOV for ETH or the Paxos dollar (USDG) at the professional market-maker price without leaving this page. Quotes are compared live against the same Chainlink price the vault uses, so you can see exactly how fair the fill is.
Quotes come from professional market makers via the LI.FI aggregator (the same liquidity behind Robinhood Wallet swaps) and are compared above against the same Chainlink SGOV price the vault uses; recent fills clear at roughly 99.6% of the oracle price. The approval goes to LI.FI's verified router contract and this site never holds your funds. Quotes expire in seconds; if a sell misses its window, pressing Sell again fetches a fresh one. USDG is the Paxos-issued Global Dollar and can be bridged to USDC on major chains in seconds via Across.
The floor defends itself, automatically.
An automated keeper watches the gap between $FLOOR’s market price and its redemption floor 24/7. The instant the price falls to the floor, it buys below floor and redeems at the floor in one atomic transaction, and the profit goes to vault depositors. Nothing here is simulated: every number is a live on-chain read, and every strike is a real transaction you can open on Blockscout.
Verify it yourself: the vault 0x0E39A420…45d7 ↗ holds real SGOV, its source is verified, and every strike above is a real transaction. The keeper runs continuously; strikes are also permissionless, so the entire market backs it up.
Own the floor’s defense.
Deposits are held as SGOV and earn the T-bill drift while the vault waits. Withdrawals pay your pro-rata SGOV in-kind, any time, with no oracle and no swap in the exit. Depositing ETH routes through LI.FI's verified router (about 0.4% market-maker spread each way); depositing SGOV directly has no spread. Honest risks: the strike may never fire, in which case you still earn the T-bill yield and the vault stands as the floor's defense; every strike locks FLOOR forever, raising the floor for all holders; a self-dealing strike caller can, in the worst case, reduce a single strike's gain to the 1% minimum; and this is a US-yield product, so holding ETH could outperform if ETH pumps. SGOV per share only ever rises.
Pre-sign your exit. The floor is the fill.
Non-custodial: your FLOOR stays in your wallet, and the contract only pulls it in the same transaction that redeems it at the floor and pays you the SGOV. The payout is an in-kind redemption (2% redemption fee stays in the vault), so it cannot slip below the floor no matter what the market does; the real payout can only be higher than the preview above, because the floor never falls. The take-profit trigger reads only the vault and works even when price feeds freeze; the stop’s trigger uses Chainlink feeds as a gate and a manipulated pool can at worst fire your exit early, still at full floor value. Executed FLOOR is locked forever: even the exits raise the floor.
Exit through the pool. Every fill feeds the floor.
Exhibit G exits you by redeeming against the vault, which pays you out of the floor. This one sells into the market instead, so your exit pays the 4% sell tax and about 1.4% of what you sell lands back in the vault as new T-bills. Orders fill in slices, each one held to your own limit price, so a large order gets worked rather than dumped.
The 4% sell tax means the price has to clear your target by more than the tax before a fill is possible. That tax is not lost to you as a holder: it is what pays into the vault and lifts the floor.
The honest part.
- The floor starts near zero. There is no pre-funded backing. At launch the vault is empty; the floor is built over time by the trading tax, exit fees, and yield. Early on, the redeemable value of FLOOR will be very small.
- The floor is funded by a tax that expires. The 2% buy / 4% sell trading tax has a fixed duration, set at creation to roughly 100 years. Effectively permanent is not literally forever: after expiry, the floor grows only from exit fees, T-bill yield, and donations.
- We depend on the Flap launchpad, a third party.The token contract and the tax routing are Flap’s: its Portal and tax processor are upgradeable by Flap, which could in principle redirect the tax beneficiary away from our converter. Our keeper checks the beneficiary on every run and this site can read it live; SGOV already in the vault can never be touched by Flap.
- The floor grows only with usage.No trading means (almost) no growth: only SGOV’s own yield on whatever the vault already holds. The mechanism is honest, not magic.
- Market price can still fall. The floor bounds redemption value, not the market price above it. Whatever premium you pay over the floor is ordinary memecoin risk and can go to the floor, which may be near zero.
- SGOV is economic exposure only. The tokenized T-bill ETF confers no shareholder rights and carries jurisdictional restrictions. Its Chainlink feed updates 24/5, so USD figures can be stale on weekends (redemption is in-kind and unaffected).
- Robinhood Chain is new and thin. Liquidity is shallow, infrastructure is young, and on-chain conditions can change quickly.
- The contracts are unaudited at launch. They are deliberately small, immutable, and unit-tested in this repository; an external audit has not been completed. Immutability cuts both ways: bugs cannot be patched.