the archives.

flint ($flnt) is a strategy token on ethereum mainnet. every trade of $flnt on uniswap pays a 10% toll. the toll is collected in eth by a treasury contract that cannot be changed.

the treasury uses that eth to buy nfts from ethereum's earliest years, 2015 to 2017. we call them relics. each relic is put back up for sale 20% above what the treasury paid.

when a relic sells, half of the profit buys back $flnt and burns it. the other half is paid to holders in eth. then the treasury digs again.

that's the whole loop: trade, toll, relic, resale, holders.

• every buy and every sell of $flnt on uniswap pays the toll.
• the toll is 10% of the trade, taken in eth and sent to the treasury contract.
• the treasury holds it until it has enough to buy the next relic.
• during launch the toll starts higher and steps down to 10%. see card 06.

a sell works the same way: 10% of what you sell for goes to the treasury. a full round trip (buy, then sell) costs about 19% in tolls.

the treasury buys from a fixed list of collections written into the contract. it works through them in order, one relic at a time:

1. etheria (2015)
2. curio cards (2017)
3. mooncats (2017)
4. etherrock (2017)
5. cryptopunks (2017), unlocks once the treasury is large enough

how a purchase is priced:

• it buys at floor price: the cheapest listing available.
• the price is capped against recent real sales, so a single inflated listing can't drain the treasury.
• if a collection has too few listings, it is skipped and the treasury moves to the next one.
• it only spends eth it already holds. it never borrows.

the exact cap, the minimum number of listings and the cryptopunks threshold are set in the contract.

• every relic is relisted at 1.20× the price the treasury paid.
• when it sells, the profit is the sale price minus the purchase price.
• 50% of the profit buys $flnt on uniswap and burns it, removing it from the supply for good.
• 50% of the profit is paid to $flnt holders in eth, in proportion to what they hold.
• the original purchase price stays in the treasury and funds the next dig.

examples ignore gas and any marketplace fees, which make the profit smaller. the exact way holder payments are distributed will be published with the contract.

• no debt, no leverage. the treasury only spends eth it has already collected. it cannot borrow, so it cannot go insolvent.
• four actions only. it can buy relics, relist them, burn $flnt and pay holders. nothing else.
• immutable. the treasury contract can't be changed after it is deployed.
• price cap. the buy price is checked against recent real sales.
• thin markets are skipped. a collection with too few listings is passed over.
• anti-bot launch fees. fees start high and decay to 10% (card 06).

bots try to buy the first blocks of every launch. to make that expensive, the fee on $flnt trades starts higher than 10% and decays down to 10% shortly after launch. after that it stays at 10% for good.

the exact starting fee and decay schedule are written in the contract and will be published with the contract address.

the simulation uses the long-run 10% toll.

• launch: monday 12 oct · 17:00 cet.
• the contract address will be published only on x (@flintrelics) and on this site.
• any other address, in any dm, group or reply, is not flint.
• once live, check that the address on x and here match, and that the contract is verified on etherscan.

• relics can lose value. if the nft market falls, the relics in the vault are worth less, and relisted relics may not sell. when nothing sells, nothing is paid to holders.
• no insolvency, but no guarantee. the treasury has no debt and only spends eth it already holds, so it cannot go insolvent. that is not a price guarantee.
• the $flnt price is never guaranteed. it can fall, and it can go to zero.
• contract risk. smart contracts can have bugs. because the treasury is immutable, a bug cannot be patched.
• the toll cuts both ways. buying and selling each cost 10%, so a quick round trip loses about 19% before any price move.
• liquidity. early nfts trade thinly. relics can take a long time to sell.

nothing in the archives is financial advice. only use money you can afford to lose.

what is a strategy token?

a token whose trading fees fund a strategy that runs on-chain, inside a contract. for flint, the strategy is buying early ethereum nfts at floor price and reselling them 20% higher.

does the simulation send transactions?

no. connecting a wallet only lets the page read your eth balance to personalize the example. nothing is signed, nothing is sent, and the numbers are examples you choose.

why these five collections?

they are among the first things anyone could own on ethereum, all launched between 2015 and 2017. the list and its order are written into the contract and cannot be changed.

who controls the treasury?

the contract does. its rules are fixed when it is deployed: it can buy relics, relist them, burn $flnt and pay holders. it cannot send eth anywhere else.

when are holders paid?

when a relic sells. if no relic sells, nothing is paid. there is no fixed schedule and no minimum.

what if a relic never sells?

it stays in the vault, listed at its price. the treasury keeps collecting the toll and keeps digging with new eth.

where is the contract address?

not live yet. it will be posted on x (@flintrelics) and on this site at launch, and nowhere else.

is $flnt an investment?

flint makes no promises about price or returns. read the risks card before buying anything.