Elastic supply · Uniswap v4
ForeverUP is an elastic-supply token whose USD price target ratchets up every five minutes and is held there on-chain by automatic supply and liquidity management.
Mechanism
Six on-chain behaviours, all permissionless. Anyone can call them; no one can stop them.
When the time-weighted price trades below target, the protocol tightens supply until price returns to the peg. The move is atomic and fully collateralised — the hook owns all liquidity, so it can never leave the pool short.
A single 3.27% fee bends with distance from the peg. Selling below target costs more; buying the dip costs less. Long-term holders sell at half the rate of fresh wallets.
Half of every fee builds a concentrated ETH bid beneath the price — a real standing order, not a promise. Anything sold into it is bought and burned on the spot.
The other half market-buys UP and destroys it. Total supply falls without touching any holder's balance — a lift that accrues to everyone still holding.
100% of supply sits in a single position owned by the hook itself — single-sided at launch, so no ETH is ever deposited by the team; buyers supply it. There is no withdraw function, not for anyone. The position can only grow, and no new tokens can ever be minted.
At ×1,337,000 the target stops rising and every fee drops to zero, permanently. UP then trades freely over a locked pool and its accumulated ETH floor.
Fee & supply
The 3.27% fee is split evenly between two engines that both work for holders. Nothing is skimmed.
When the target reaches its ceiling, all fees end for good and UP becomes a plain free-trading token backed by its locked pool and ETH floor.
Participate
Buy through the Uniswap v4 pool, or trigger any of the protocol's public actions yourself. Every action below is permissionless — the buttons just save you the call.
Native ETH in, exact-input, 10% slippage guard.
Selling works on any Uniswap v4 interface — exact-input only (exact-output sells are rejected to close fee-free paths).
Public keeper calls — anyone can run them.
Ready.
ForeverUP guarantees the movement of the price target, not the value of your holdings. When demand is weak, the protocol contracts supply to hold the target — your token balance can fall while the quoted price rises, leaving your position's value unchanged.
Real value comes from trading volume, the buyback-and-burn, and the growing ETH floor — not from supply adjustments, which only redistribute. This is a transparent, fully on-chain experiment with real economic risk. Only commit what you can afford to lose.