A memecoin on NEAR, backed by every memecoin it eats. Feed it yours from any chain, earn $CONSUME, and burn $CONSUME any time for your share of the pile.
Everything it has eaten. It backs every $CONSUME, and only redeeming takes it out.
| Memecoin | Held | Worth | Price |
|---|---|---|---|
| DOGEfrom Dogecoin | 0 | $0 | $0.0694 |
| SHIBfrom Ethereum | 0 | $0 | $0.00000443 |
| PEPEfrom Ethereum | 20M | $106 | $0.00000528 |
| PENGUfrom Solana | 0 | $0 | $0.00628 |
| SPXfrom Ethereum | 0 | $0 | $0.3616 |
| TURBOfrom Ethereum | 0 | $0 | $0.000700 |
| BOMEfrom Solana | 0 | $0 | $0.000608 |
| BLACKDRAGONfrom NEAR | 0 | $0 | $0.00000000635 |
| SHITZUfrom NEAR | 0 | $0 | $0.00143 |
| NearKatfrom NEAR | 0 | $0 | $0.0000852 |
Pick a memecoin, feed it, get a Bond.
PEPE lives on Ethereum. The Serpent takes up to $1,000 of it in one feeding.
No PEPE yet?
Enter an amount.
Anything over a memecoin’s feeding limit comes back to you. Each Bond takes a little NEAR for storage, paid from a refundable credit. Your first feeding adds 0.1 NEAR to it, and a little of that pays to register you for $CONSUME and to open the credit itself.
NFTs that pay you $CONSUME over 30 days. The card is the NFT: sell it and the payout goes with it.
Connect a wallet to see the Bonds you hold.
Burn $CONSUME, get memecoins back.
Locked $CONSUME counts too, so nobody can empty it first.
Weighing the Stomach…
NEAR Intents brings memecoins from Dogecoin, Ethereum and Solana to NEAR, so one contract can eat them all.
Asking NEAR Intents for prices…
Latest feedings.
| No. | Memecoin | Fed by | Amount | Worth | $CONSUME | Date |
|---|---|---|---|---|---|---|
| 1 | PEPE | consumecash.testnet | 20M | $106 | 105,039 | 10 Nov |
All enforced by the contract.
$CONSUME is minted at its backing, so what you feed is what you could redeem, less a tithe of 1% to 10%.
Paid out over 30 days. Break the seal early and lose 50% of what is still locked.
Burn $CONSUME for your share of the Stomach, paid in memecoins. Nothing else takes them out.
The Assayer sets prices from NEAR Intents quotes. Its prices decide what every feeding mints, so a dishonest Assayer could mint itself most of the Stomach. This is the biggest trust here.
The guardian can seal a memecoin and swap the Assayer. Nothing else: the list, the limits and the rates were fixed at launch, and nobody can withdraw.
NEAR Intents holds the memecoins that arrive through it, in the Stomach's own balance. Which Intents contract that is was fixed at launch.
Ten memecoins, all reachable through NEAR Intents from their home chains: DOGE, SHIB, PEPE, PENGU, SPX, TURBO, BOME, and the NEAR natives BLACKDRAGON, SHITZU and NearKat. Anything else is refused.
Every feeding mints $CONSUME at the current backing, so a late feeder gets the same deal as an early one: what you feed is what you could redeem, less the tithe. The first feeding sets it at 1000 per dollar. The tithe is the part of a feeding that mints nothing and so belongs to everyone already holding: 1% at the start, 1% more with each famine (every $10,000 eaten), never above 10%. A feeding can never lower the backing.
Your $CONSUME arrives in an NFT that releases it evenly over 30 days. Sell or give the Bond and the rest goes with it. Break the seal early and you take what has been released plus half the rest; the other 50% is never minted, which raises everyone else's share.
Fed memecoins never leave except through redemption. Burning $CONSUME pays your share of every memecoin inside, measured against all $CONSUME including what is still locked in Bonds.
The memecoin fed most in a week pays no tithe the next week. Each memecoin has a largest feeding and a daily limit; thin markets get small ones, so little of an overpriced memecoin can be fed in a day.
Prices come from one price-feeder account, the Assayer, which reads NEAR Intents quotes. Feedings are refused when any price they depend on is more than 15 minutes old. It cannot move what is in the Stomach, but its prices decide what a feeding mints. The limits cap a price that is too high on the memecoin fed. They do not cap a price that is too low on what the Stomach holds: a feeding made then mints more than its share.
The ten memecoins, their limits, the tithe and its famines, the feast and the 30 days were set when the contract launched, and it has no way to change them. One role is left, the guardian, with two powers: seal or unseal a memecoin on the list, and replace the Assayer. It cannot mint or withdraw, and it can give the role up for good. A bad guardian could still appoint a dishonest Assayer. The contract account's keys are to be deleted once it is set up.