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How the loop works

$IUG pays its holders in USDC. The money comes from a 5% fee charged on trades in its Uniswap pool, and it reaches holders every 15 minutes without them doing anything.

The 5% pool fee

$IUG trades against USDC in a Uniswap V4 pool. Buying or selling through that pool costs 5%, taken by the pool itself.

The fee is charged on trades, not transfers. Moving $IUG between your own wallets, or holding it, costs nothing. The 5% only applies when you swap against the pool.

Conversion to USDC

The fee builds up inside the pool as a mix of $IUG and USDC. Every 15 minutes the protocol collects it and swaps the $IUG portion for USDC, so what’s left to hand out is all in one currency.

The split

That USDC is divided by fixed percentages, written into the contract as constants. There is no owner and no setter, so these numbers cannot change after launch:

  • 80% to holders
  • 10% to growth — raid rewards, plus buybacks that compound the pool
  • 10% to infrastructure — the cost of running the keeper and the reward services

As a fraction of trade volume, the holder share works out to about 4% of everything traded.

How you get paid

Every 15 minutes the keeper takes a snapshot of who holds $IUG and sends each qualifying holder their pro-rata cut of the 80%, in USDC, to their wallet. You don’t claim it or pay gas to receive it — it arrives on its own.

To qualify for a round you need at least $25 of $IUG at the moment of the snapshot. That is the whole gate. There is no hold-time requirement, so a wallet that qualifies this round gets paid this round.

If a payment can’t be delivered — for example a contract address that rejects the incoming USDC — the amount is recorded on-chain against your address and you can withdraw it yourself at any time. What you are owed never depends on the keeper, or anyone, choosing to pay you.

What keeps it running

The fee is taken on volume, not on price direction, so the pool earns on sells as heavily as on buys. A falling market that is still being traded still pays holders. The buyback portion pushes liquidity back into the pool as it goes. And because the split is fixed and the owner is renounced, the flow of USDC to holders cannot be rerouted once the token is live.