the rules
all of them. there is nothing in the contract that is not on this page.
one crown
there is exactly one crown and one holder of it. holding it is not a token, not an NFT, not transferable and not redeemable for anything. it is a single address stored in a single contract, and a picture the contract draws for whoever that address is.
anybody can take it
at any moment, without an auction, a deadline or the holder's consent, anybody can take the crown by paying 110% of what the sitting holder paid for it. the empty crown costs 25,000 THRONE; every price after that is set by the last one.
the price only ever goes up. take it for 25,000 and the next person pays 27,500; take it for 27,500 and the next pays 30,250. there is no ceiling and no reset.
the holder is paid, in the same transaction
when the crown is taken, the payment splits like this:
- the holder it was taken from gets everything they paid, plus 70% of the 10% premium;
- 20% of the premium is burned to 0x…dEaD and is gone;
- 10% of the premium goes to the treasury.
so losing the crown is never a loss of the money you put in — it comes back with a profit, automatically, in the transaction that removes you. what you lose is the crown.
the very first taker has nobody to pay, so that one payment splits 50/50 between the burn and the treasury.
the treasury, and the vigil
the treasury is the contract's only balance. it belongs to whoever is wearing the crown, and they can empty it into their own wallet — but only after holding the crown for 24 uninterrupted hours.
lose it at 23 hours 59 and you get nothing from it: the wait, and the pot, pass to whoever took it. claiming restarts the clock, so a holder who is never removed can claim it once a day.
the owner key cannot touch the treasury. there is no withdraw function, no sweep, no admin path to it — the only function that can move it is the one the sitting holder calls.
what it costs
the crown is priced in THRONE, not ETH. the contract is not payable anywhere: it cannot receive ETH, has no withdraw function and holds no ETH balance of any kind. all you spend in ETH is gas.
you approve THRONE to the contract once, then each take moves the price out of your wallet in a single transaction. the seize(maxSpend) call takes a cap — the site sets it 15% above the quoted price — so if somebody takes the crown while your transaction is in flight, yours reverts instead of silently paying more.
if nobody ever takes it again
the holder keeps it. forever. there is no clock that forces a change of hands, no expiry, nothing that can be lost by not paying attention. a crown nobody wants is a crown that sits still — that is the resting state of this contract, not a failure of it.
the crown is drawn on chain
a crown's metal, its number of points and its three stones come out of keccak256(holder, reign index). it is struck the moment you take it, it is different for every holder, and no function can change it — not yours, not anybody's.
crownSvg() returns the current crown as an SVG from the contract itself. this site draws the same shape from the same numbers so the page is fast, but the picture lives on chain either way.
what the owner can do
two things, each exactly once: setFuel wired the token and the base price, and open put the crown up for sale. both are spent. after that the owner key has no callable function in this contract at all.
there is no pause, no upgrade, no proxy, no fee switch, no mint, no way to take the crown without paying for it and no way to reach the treasury.
risks, plainly
the price ratchets forever, which means at some point the next take is expensive enough that nobody makes it. if you are the holder when that happens, you are the holder forever and the money you paid stays paid. the crown is not an investment and holding it does not entitle you to anything except the treasury rule above.
the token is a pons launch with a transfer tax. the contract handles that correctly — it splits what actually arrives rather than what was sent — but it means you receive slightly less than the numbers on this page when the token taxes a transfer.