Token Migration Guide

pSAVE → SAVE Migration

You bought pSAVE in the Fjord LBP. Here is exactly what happens next — every step, every timeline, every detail.

The Short Version

1 pSAVE = 1 SAVE. After the Fjord LBP closes, the Flat Protocol team will deploy the production SAVE smart contracts, complete a security audit, and airdrop real SAVE tokens to every pSAVE holder's wallet. You do nothing except hold your pSAVE — the SAVE arrives automatically.

Key Facts at a Glance

Conversion Ratio1 pSAVE = 1 SAVE (exactly)
Migration MethodAirdrop to your wallet — no action required from you
Vesting Schedule30-day cliff after LBP, then 6-month linear vest (enforced by Fjord)
Expected Migration Window3–6 months after LBP close (within vesting period)
ChainEthereum Mainnet
Cost to YouZero — the team covers all airdrop gas costs
Your Private KeysNever needed, never requested — you keep full custody
What Triggers MigrationCompletion of smart contract audit + RISE/SAVE deployment

The Complete Timeline

From the moment the LBP closes to the moment SAVE tokens land in your wallet — here is every phase of the migration.

STEP 1Day 0

LBP Closes

The 72-hour Fjord LBP ends. All purchases are finalized. The market-discovered price is locked in.

Fjord records every buyer wallet address and token amount in an immutable CSV
Raised USDC (minus 5% Fjord fee) is transferred to the protocol treasury
Your pSAVE tokens are subject to a 30-day cliff — they cannot be transferred yet
Unsold pSAVE tokens are returned to the team wallet and burned
STEP 2Days 1–30

Vesting Cliff Period

Your pSAVE tokens are locked during the 30-day cliff period. During this time, the Flat Protocol team begins the smart contract development and audit process.

pSAVE is non-transferable during the cliff — this is enforced by Fjord's vesting contract
The team uses this period to finalize RISE and SAVE smart contracts
A reputable security auditor is engaged to review all contracts
The team publishes weekly progress updates on @flat_cash
STEP 3Day 30 → Month 6

Linear Vesting Begins

After the 30-day cliff, your pSAVE tokens begin vesting linearly over 6 months. You can claim vested pSAVE from Fjord's interface at any time.

Vesting is linear: ~16.7% of your pSAVE unlocks each month after the cliff
Claim vested tokens at fjordfoundry.com — connect your wallet and click 'Claim'
Claimed pSAVE is a standard ERC-20 — you can hold it or trade it on Uniswap
The team seeds a pSAVE/USDC Uniswap pool within 1 hour of LBP close for immediate liquidity
STEP 4Month 2–4 (estimated)

Smart Contract Audit Completes

The security audit of the RISE and SAVE contracts is completed. The audit report is published publicly for full transparency.

Audit report published on flat.cash and linked from @flat_cash
All critical and high-severity findings must be resolved before deployment
Contract source code is verified on Etherscan — anyone can read it
The community has time to review the audit before migration proceeds
STEP 5Month 3–5 (estimated)

RISE & SAVE Contracts Deployed

The production RISE and SAVE token contracts are deployed on Ethereum Mainnet. The Genesis Split allocates the initial RISE supply.

425 million RISE tokens are created in the Genesis Split
The 50-49-1 allocation: 50% to public circulation, 49% to protocol treasury, 1% to the RISE-ETH liquidity pool (seeding the market that manifests the singularity)
SAVE contract is deployed — the irreversible lock vault governed by P(α) = C/(1−α)
Uniswap liquidity pools for RISE are seeded from the treasury allocation
STEP 6Month 3–6

pSAVE → SAVE Airdrop

The Flat Protocol team airdrops real SAVE tokens to every pSAVE holder. The airdrop uses the Fjord CSV — every wallet that purchased pSAVE receives SAVE at a 1:1 ratio.

1 pSAVE = 1 SAVE — the conversion ratio is exactly 1:1, no exceptions
SAVE tokens are sent directly to the same wallet you used to buy pSAVE
You do not need to do anything — the airdrop is automatic
The team covers all gas costs for the airdrop transactions
An announcement is posted on @flat_cash with instructions to verify your SAVE balance

What You Receive: SAVE

SAVE is not just a token — it is a position in the Singularity Equation. Here is what makes it fundamentally different.

Irreversible Lock

SAVE represents RISE tokens locked in the SaveVault irreversibly forever. Once locked, they can never be withdrawn. This permanently removes supply from circulation, driving the absorption ratio (α) toward 1.

Hyperbolic Price Growth

As α increases, the price of RISE follows P(α) = C/(1−α). Every token locked as SAVE pushes α higher, making the remaining floating supply more valuable — a self-reinforcing mathematical loop.

Yield from Scarcity

Treasury revenue is distributed to floating supply holders. As α approaches 1, the same revenue is shared among fewer tokens. At α = 99%, your yield share is 100× larger than at α = 0%.

Backed by Real Assets

The FLAT Protocol treasury holds a diversified reserve: 45% BTC, 45% gOHM, 5% ETH, 5% SOL. SAVE is backed by real, verifiable on-chain assets — not promises.

The Singularity Equation

P(α)=C1αP(\alpha) = \frac{C}{1 - \alpha}

As α1\alpha \to 1, price \to \infty

Migration FAQ

Do I need to do anything to receive SAVE?

No. The airdrop is automatic. SAVE tokens will be sent to the same wallet address you used to purchase pSAVE on Fjord. You do not need to claim, stake, or interact with any contract.

What if I sell some of my pSAVE before the airdrop?

The airdrop is based on a snapshot of pSAVE holdings at the time of the airdrop. If you sell pSAVE before the snapshot, you will not receive SAVE for the sold tokens. The buyer of your pSAVE will receive the SAVE instead.

What happens to pSAVE after I receive SAVE?

pSAVE becomes a historical token with no further utility. You can hold it as a memento or ignore it. The value transfers entirely to SAVE.

What if the audit finds critical issues?

If the audit reveals critical vulnerabilities, the team will fix them and re-audit before deploying. This may extend the timeline, but security is non-negotiable. The team will communicate any delays transparently via @flat_cash.

Can I trade pSAVE during the vesting period?

Only vested pSAVE can be traded. After the 30-day cliff, tokens vest linearly over 6 months. You can claim vested tokens from Fjord's interface and trade them on Uniswap (a pSAVE/USDC pool will be seeded by the team).

What is the Genesis Split?

The Genesis Split is the initial distribution of 425 million RISE tokens: 50% to public circulation (including pSAVE holders), 49% to the protocol treasury (backing the Singularity Equation), and 1% to the RISE-ETH liquidity pool. This 1% seeds the on-chain market where the singularity equation is manifested — the pool through which all buy and sell pressure flows. The allocation ensures the protocol treasury is well-funded and the market is liquid from day one.

Will there be future pSAVE sales?

Potentially. The initial LBP sells ~4.8% of the eventual SAVE supply (10M out of 208.25M). Future rounds may be conducted at higher implied valuations, but no commitments are made. Each round will be announced publicly.

Important Security Notices

The Flat Protocol team will never ask for your private keys or seed phrase. The airdrop is sent to your wallet automatically — no approval transactions, no "migration portals," no third-party sites.

Beware of scams. If anyone contacts you claiming to be from the Flat Protocol team and asks you to connect your wallet to an unfamiliar site, send tokens to an address, or share your seed phrase — it is a scam. Report it immediately.

Official channels only: All migration announcements will be posted on @flat_cash and flat.cash. Verify all information against these sources.

Ready to Participate?

The pSAVE LBP is your entry point into the Singularity Equation.