MicroTape
MicroTape is a fair-launch meme on BNB Chain. Buys and sells pay a trading tax into a treasury. The treasury turns that BNB into TapeOut miners. Mined $BEM is paid to eligible holders.
Thesis: a trading tax can be a production levy if it buys irreversible capital goods whose output is a distinct, already-existing asset.
That is a design goal, not a promise of volume, yield, or price. Buy, sell, and claim are transactions your wallet signs.
At a glance
| Chain | BNB Chain |
| Token | $TAPE, 1,000,000,000 supply, 18 decimals, all on the curve at launch |
| Trade tax | 5%, immutable. 4% miner share to the treasury, 1% protocol fee |
| Treasury spends on | Firsto parts and the TapeOut tape-out fee. Nothing else |
| Yield asset | $BEM, emitted by PodMining. Not $TAPE inflation |
| Claim floor | 1,000 $TAPE |
| Graduation | Real quote reaches 18 BNB. LP sent to 0xdead |
| Team / VC allocation | None |
Reading order
- Market Problems: what tax coins, reflection tokens, and rented liquidity each fail to pin down.
- Design Goals: five constraints. Each one points to a later mechanism page.
- Comparison: live designs, not hypothetical ones.
- Flywheel: how tax, miners, and
$BEMfeed each other. - Token & Curve, Treasury, Capital Flows, Dividends: identities, formulas, parameters.
- Control Surface, Risks, Contracts: who can call what, and what the contracts do not contain.
Full definitions live in the Glossary.
Identities
$TAPE is not a treasury share. Holders cannot redeem treasury BNB at book. Authorized uses of treasury BNB are two: fill Firsto part orders, and pay the TapeOut tape-out fee. Definition: Treasury.
$BEM is the reward token TapeOut / PodMining already emits. It is not an inflation of $TAPE. Accounting identity: Dividends.
Graduation LP is sent to 0xdead. That is permanent depth, not rebalanceable protocol-owned liquidity. Comparison: Comparison.
Hard facts
- Total supply is 1,000,000,000. At launch it sits on the curve. There is no team share and no VC allocation.
- Trade tax on this launch is 5%, immutable after deploy. 4% enters the treasury to buy miners. 1% is the protocol fee, counted inside that 5%, and does not enter the treasury.
- Balances below 1,000
$TAPEcannot claim$BEM. - Graduation LP is sent to
0xdead. The project cannot withdraw it, and does not promise to add depth later. - Mainnet contracts are not deployed. Names can be copied. Trust Contracts.
- There is no audit. This is not investment advice.
Path
The kit is fixed: 1 NAND and 9 LATCH per machine. Once a machine is started, it cannot be stopped. Queue: Treasury.
Fees
| Fee | Rate | Destination |
|---|---|---|
| Trade tax | 5%, immutable after deploy | Split below |
| Miner share | 4%, inside the 5% | Treasury |
| Protocol fee | 1%, inside the 5% | Development and operations. Not the treasury |
| Launch surcharge | Buys only, 5 seconds, 99% down to 0 | Treasury. Sells have none |
Split order and curve math: Token & Curve. Sources and uses: Capital Flows.
Curve and machine parameters
| Parameter | Value |
|---|---|
| Virtual quote | 4.5 BNB |
| Graduation | Real quote reaches 18 BNB |
| Kit reserve | 0.35 BNB. Topped up from the quote if the treasury is short |
| Machine | 1 NAND + 9 LATCH |
| Task | 220 (Johnson-8) |
| Batch cap | 10 machines per buy or tape-out call |
These values live in MicroTapeFund and MicroTapeTreasury. After deploy the tax cannot change, and treasury BNB cannot be withdrawn. See Control Surface.