litepaper_

Version 1.0 · 2026-05-05 · PDF

01 · the idea

Problem

Most crypto tokens are zero-sum games. Holders earn only when others sell. There's no underlying productive activity. When trade volume dies, the token dies.

Reflection tokens (SafeMoon, BabyDoge) tried to solve this with trade-tax redistribution. But they still depend entirely on speculative volume — no organic yield.

Yield-bearing tokens (Lido stETH, Aave aTokens) generate real yield, but require active management, are non-composable with reflection mechanisms, and pass yield to the wrapper, not directly to holders of a community token.

Solution

SMRT Protocol combines both: a community-driven token where the ICO capital itself becomes the yield source.

  1. Buyers send ETH to SMRT contract during the ICO.
  2. Every 42.5 ETH raised triggers an automatic milestone deployment.
  3. 70% of each milestone is auto-staked across blue-chip DeFi protocols (Lido + Aave) via a modular adapter registry.
  4. The yield is harvested permissionlessly and distributed to SMRT holders as ETH dividends.
  5. On top, every trade pays a 1.5% tax that reflects 0.5% as ETH back to holders.

Result: hold SMRT → earn ETH from real on-chain yield + trade reflections + a monthly SMRT bonus pool. All passive. All claimable.

Why it works

  • ▸ Yield is real · Lido + Aave manage $20B+ TVL combined.
  • ▸ Compounding · 10% of each harvest re-deploys for compound effect.
  • ▸ Modular · future yield protocols plug in without redeploying SMRT.
  • ▸ Trustless · contracts immutable, LP burned at trading enable, ICO closeable by anyone after 90 days.
02 · mechanism & tokenomics

Token Basics

NameSMRT Protocol
SymbolSMRT
StandardERC-20
NetworkEthereum mainnet
Total Supply19,000,000 SMRT (fixed)
Contract0x969836EBd2E31A50fb39d27F130659222896fa79

Distribution

AllocationAmount%
ICO Public Sale17,000,00089.5%
Bonus Pool1,000,0005.25%
Liquidity Reserve620,0003.26%
LP (auto-burned)380,0002%
Team Allocation00%

ICO Mechanics

  • Rate: 1 ETH = 5,000 SMRT (fixed, no bonding curve)
  • Hard cap: 3,400 ETH = 80 milestones × 42.5 ETH
  • Min purchase: none
  • Max single buy: 34 ETH (anti-concentration)
  • Distribution: instant on buy, no vesting
  • Close: hard cap reached, owner manual, or anyone after 90 days

Per-milestone Allocation (42.5 ETH)

Lido stETH staking35%
Aave aWETH lending35%
Marketing wallet8%
Team wallet7%
Liquidity wallet4%
Listing wallet4%
DeFiUnited contribution5.5%
Auto-LP fund (burned at launch)1%
Gas reserve0.5%

Trade Tax · 1.5% per trade

ETH Reflections to holders0.5%
Yield Boost (compound to Lido + Aave)0.3%
DeFiUnited contribution0.5%
Auto-LP burn0.1%
Gas reserve0.1%

Anti-Snipe Sell Tax (first 5 min)

0–30s
25%
30–60s
15%
60–180s
8%
180–300s
3%
5min+
1.5%

Holder Income Streams

  1. ETH yield from Lido + Aave (89% of harvest, pro-rata)
  2. ETH reflections from every trade (0.5% × your share of supply)
  3. SMRT bonus monthly emission (10,000 SMRT/month, pro-rata to ≥100 SMRT holders)
03 · security

Smart Contract Guarantees

  • ✓ Verified contracts on Etherscan
  • ✓ Immutable by design (no proxy, no upgrade)
  • ✓ LP automatically burned at trading enable
  • ✓ Pull-only dividend model (no forced push, no griefing)
  • ✓ Anti-snipe sell tax (5 min) and anti-whale limits (48 h)
  • ✓ 72-hour timelock on all yield adapter changes
  • ✓ Permissionless ICO close after 90 days
  • ✓ Permissionless harvest (1% keeper fee)
  • ✓ Permissionless rescueStuckEth (forces flow to holders)

Owner Cannot

  • ✗ Mint additional tokens
  • ✗ Withdraw yield funds (recall returns to YieldDeployer for holders only)
  • ✗ Change tokenomics or distribution
  • ✗ Pause trading post-launch
  • ✗ Modify dividend distribution logic
  • ✗ Withdraw from Lido or Aave directly