How Weload Works

The first memecoin launchpad with a real treasury. Every trade builds value.

→ Overview
→ The Treasury Model
→ Platform Fee (Pre-Graduation)
→ Treasury Fee & Halving
→ Graduation
→ Burning & Redemption
→ mNAV (Floor Price)
→ Creating a Token

Overview

Weload is a memecoin launchpad on Base that solves the biggest problem in crypto: memecoins have no intrinsic value.

Every Weload token is backed by a real treasury of BTC or ETH. When you buy or sell, a portion of each trade goes into the treasury — and it never comes out(except through burning).

This creates a guaranteed floor price that only goes up over time. We call it the MicroStrategy model — because like MicroStrategy accumulates Bitcoin, Weload tokens accumulate real assets.

The Treasury Model

Treasury Assets

• cbBTC — Coinbase Wrapped Bitcoin
0xcbB7C0000aB88B473b1f5aFd9ef808440eed33Bf ↗
• wETH — Wrapped Ethereum
0x4200000000000000000000000000000000000006 ↗

Token creators choose which asset their treasury accumulates.

How It Accumulates

• Every buy/sell pays a treasury fee
• Fee is swapped to treasury asset
• Treasury balance only increases
• Creates ever-rising floor price

Platform Fee (Pre-Graduation)

Before graduation, a 1% platform fee is charged on every trade. This fee goes to Weload (similar to pump.fun).

Pre-Graduation

1% platform fee on every trade

Goes to: Weload protocol

Post-Graduation

0% platform fee

Trading on Uniswap (standard DEX fees apply)

Treasury Fee & Halving

The treasury fee is charged on every transfer (including buys and sells). This fee goes directly to the token's treasury — forever, even after graduation.

Fee Halving Schedule

The fee starts high and halves as market cap grows — rewarding early participants while reducing friction at scale.

Market Cap	Fee Rate
MC ≤ $1M	4.00%
$1M - $10M	2.00%
$10M - $100M	1.00%
$100M - $1B	0.50%
>$1B	0.25%

Graduation

Tokens start on a bonding curve — a simple buy/sell mechanism within the Weload contract. Once the token collects enough ETH, it graduates to Uniswap V3.

6.9 ETH

Graduation Trigger

~$21.5K

Market Cap at Graduation

56%

mNAV/MC at Graduation

What happens at graduation:

• 1% goes to Weload protocol
• 50% goes to treasury (swapped to cbBTC/wETH)
• 49% creates Uniswap V3 liquidity pool

Burning & Redemption

After graduation, token holders can burn their tokens to redeem their proportional share of the treasury.

Example

• Treasury holds: 10 wETH

• Total supply: 1,000,000,000 tokens

• You hold: 10,000,000 tokens (1%)

• You burn all → receive: 0.1 wETH

Burning is optional. You can always sell on Uniswap instead. But burning guarantees you get at least the floor value (mNAV).

mNAV (Floor Price)

mNAV (minimum Net Asset Value) is the guaranteed floor price of each token, calculated as:

mNAV = Treasury Value ÷ Total Supply

Since the treasury only increases (never decreases), mNAV only goes up. This means:

• Early buyers get a lower floor price
• Late buyers get a higher floor price
• Everyone benefits from volume
• No rug pulls possible — treasury is on-chain and immutable

Creating a Token

Anyone can launch a Weload token. Here's what you need to decide:

1. Token Name & Symbol

Choose a memorable name and ticker symbol.

2. Treasury Asset

Pick cbBTC (Bitcoin) or wETH (Ethereum) as your backing asset.

3. Image & Description

Upload a logo and write a description for your token.

FAQ

Is this a rug-proof platform?

Yes. The treasury is controlled by the smart contract, not by any person. No one can withdraw treasury funds — they can only be redeemed by burning tokens.

Why Base chain?

Base has low gas fees (~$0.01 per trade), deep liquidity for cbBTC and wETH, and strong ecosystem support from Coinbase.

What happens if token price goes below mNAV?

Arbitrage opportunity! If price < mNAV, anyone can buy tokens and burn them for instant profit. This creates natural buy pressure at the floor.