The Safety Net
Redeem
Burn LOOT for its exact pro-rata share of the floor. No fee, no queue, no pause — provably never pays out less per token than before.
Current Floor Price
0.000000WETH / LOOT
Burn LOOT
LOOT
You Receive
0.00 WETH
No fee. Anyone, anytime. This is the floor — not the market price.
LOOT / WETH — 30D
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LOOT Price Floor
Why this is safe
FormulanewFloor = B/S
Fed ByExpansion sales, sell tax, Treasury
A redemption burns x LOOT and pays exactly x·B/S WETH — the same pro-rata share the pot always held. Supply and balance shrink together, so the ratio never falls. Sell tax and Treasury inflows always push it up too, since neither mints matching LOOT against the WETH they add.