FlapTaxTokenV3, $AI clones Whetstone's DopplerERC20V1. What remains unverified is what happens outside the tokens — both vaults are external addresses whose behaviour no contract enforces.| Pair | Liquidity | Vol 24h | DEX |
|---|---|---|---|
| AI / NVDA | $3.4M | $5.4M | uniswap |
| AI / WETH | $1.0M | $12.8M | uniswap |
| Date | Holders | Liquidity | Market cap |
|---|---|---|---|
| Aug 23 | 9,783 | $1.4M | $20.2M |
| Aug 28 | 16,672 | $2.4M | $55.7M |
| Aug 29 | 20,767 | $3.4M | $101.8M |
Source read and state confirmed via Robinhood Chain RPC
(chain 4663). $AI is a clone of Whetstone Research's DopplerERC20V1 launch template.
The single most important fact: there is no tax, no fee logic and no vault anywhere in the token
contract. Everything the site describes about the Vault happens outside it.
| Claim | Verdict | Evidence |
|---|---|---|
| No team allocation or vesting overhang | ✓ | The template supports pre-mints of up to 80% of supply. $AI uses none:
vestedTotalAmount = 0, vestingScheduleCount = 0, and the contract
holds 87 tokens. No insider unlock cliff exists. Genuinely clean. |
| Supply is being burned | ✓ | totalSupply is 991,721,653 of 1B — 8,278,347 retired (0.83%).
Real, but small. |
| Anti-whale limit | ? | isBalanceLimitActive = false and maxBalanceLimit = 0 — the feature
was never configured, not merely expired. |
| Vault / burn enforced in code | ✕ | The token has only a permissionless burn() that burns the caller's own balance.
“Burned outright or locked away permanently” is a policy someone executes, not a rule the contract
enforces. The Vault is an external address with no on-chain guarantee. |
| Logic can't be swapped | ✓ | 44-byte Solady minimal clone — deployed bytecode
3d3d3d3d363d3d37363d73… hardcodes implementation
0x3be8b97f… (13,927 bytes, DopplerERC20V1). Same immutability as MarsCoin: the code
cannot change, only what that fixed code permits the owner to do. |
| Ownership renounced | ✕ | owner() = 0xeb7c0347…, a 5,695-byte contract (itself owned by
0x21e2ce70…). Live, not renounced — the opposite of MarsCoin. |
_beforeTokenTransfer reverts whenever to == pool && isPoolLocked. Right now
pool() points at the dead address and isPoolLocked is true, so the only
thing blocked is burning-by-sending — trading is unaffected and this looks benign.
unlockPool() and then lockPool(<the real LP>), after
which every transfer into that pool reverts — which is every sell. There is no timelock on this and no
renouncement. Nothing suggests intent to use it; the point is that the capability exists and is undisclosed.| Pair | Liquidity | Vol 24h | DEX |
|---|---|---|---|
| MarsCoin / SPCXB | $989.5k | $2.1M | pancakeswap |
| MarsCoin / USDT | $350.9k | $2.0M | pancakeswap |
| MarsCoin / USDT | $317.1k | $3.7M | pancakeswap |
| Date | Holders | Liquidity | Market cap |
|---|---|---|---|
| Aug 28 | — | $926.9k | $38.4M |
| Aug 29 | — | $1.0M | $50.1M |
Contract source read and every claim checked against live state
via BSC RPC. MarsCoin is not a bespoke contract — it is a minimal clone of Flap's generic
FlapTaxTokenV3 template, so everything here applies to any Flap tax token.
| Claim | Verdict | Evidence |
|---|---|---|
| 3% buy / 3% sell tax | ✓ | buyTaxRate() and sellTaxRate() both return 300 bps. |
| 338.55 SPCXB in the vault | ✓ | balanceOf on the dividend contract 0xbba9d212… returns
exactly 338.55 SPCXB. The marketing number is real and checkable. |
| Tax rate can't be raised later | ✓ | No setter exists in the contract, and owner() is
0x000…000 — ownership renounced. |
| Logic can't be swapped | ✓ | 45-byte EIP-1167 minimal clone; the implementation address is hardcoded in bytecode. No beacon, no proxy admin, not upgradeable. |
| Rewards run indefinitely | ✓ | taxExpirationTime is year 2126. The template supports an auto-expiring
tax that flips rates to zero — this token effectively disabled that. |
| All trading funds the vault | ✕ | This is the finding. See below. |
BondingCurve → Migrating → TaxEnforcedAntiFarmer →
TaxEnforced → TaxFree. During the anti-farmer window every pool is taxed. That window
expired 2026-08-26 and the token is now in TaxEnforced (state 3), where tax applies
only to mainPool — the MarsCoin/SPCXB pair.
Reusable screen: for any Flap tax token,
read state(), mainPool() and antiFarmerExpirationTime(), then compute
what share of DEX volume actually routes through mainPool. That ratio is the real yield, and it
silently collapses the moment the anti-farmer window closes.
Both accumulate real equity from trading. What they do with it could not be more different — and that difference is the single most important thing on this page.
| $AI — accrue & burn | $MarsCoin — accrue & distribute | |
|---|---|---|
| Fee source | LP swap fees on AI/NVDA and AI/WETH | 3% buy + 3% sell transfer tax |
| Stock side goes to | Community Vault — retained, not claimable | Rewards vault → paid out to holders of 10K+ |
| Meme side goes to | “burned outright or locked away permanently” | Not disclosed |
| Holder gets | Scarcity + a treasury narrative | SPCXB — actual tokenized SpaceX |
| Proven to date | ≈8.3M of 1B supply retired; Vault holds 668 NVDA | 21.6K SPCXB distributed (~$3.04M) |
| Failure mode | Value is a story about a treasury nobody can touch | Yield decays with volume; tax deters traders |
Traits shared by both, turned into something we can run against smaller tokens before they win. ✓ present · ✕ absent · ? unmeasurable.
| Trait | $AI | $Mars | Why it matters |
|---|---|---|---|
| Semantic fit with the stock | ✓ | ✓ | The meme is the company's thesis, not a random pairing. NVIDIA→compute/AI; SpaceX→Mars. This is what makes a ticker the Schelling point for its lane. |
| Owns its lane outright | ✓ | ✓ | $AI leads NVDA by ~18×; MarsCoin leads SPCXB and is the only BNB name with a stock-native identity. Every confirmed winner we track consolidated its lane rather than splitting it. |
| Sustained holder growth, not a one-day spike | ✓ | ? | $AI: 9,783 → 20,767 holders in six days while price rose — demand broadened as it went up. BNB exposes no reliable holder count, so MarsCoin cannot be verified on this axis. |
| A vault that accrues the tokenized stock | ✓ | ✓ | Both accumulate real equity exposure from trading. This is the mechanic that does not exist anywhere else in crypto — fees denominated in shares. |
| Holders can actually claim it | ✕ | ✓ | The sharpest difference. MarsCoin wires a dividend contract into the token itself and pays SPCXB to holders of 10K+. $AI states plainly that “holders cannot redeem assets from the Vault” — and its contract contains no distribution logic at all. |
| Contract can't be changed against you | ✕ | ✓ | Inverts the naive read. Both are immutable minimal clones — neither's code can be swapped. The difference is what that fixed code permits: MarsCoin renounced ownership and has no tax setter; $AI keeps a live owner that can freeze selling in two calls. The smaller token has the stronger guarantees. |
| Real project surface (site + X + named identity) | ✓ | ✓ | Both run a domain and an active X account and describe their own mechanics publicly. Most lane front-runners we scan have neither. |
| Standard ~1B supply, no supply games | ✓ | ✓ | $AI 991.7M of 1B (≈8.3M retired); MarsCoin ~999.7M. Neither uses rebasing, reflections into supply, or mirror-to-share-count tricks. |
| Multi-pool depth, not a single pool | ✓ | ✓ | $AI runs NVDA + WETH; MarsCoin runs SPCXB + three USDT pools. Single-pool tokens die when that one pool is pulled — as $Seyclops did, $11.9M → $0 in a day. |
| Graduated beyond the stock pair | ✓ | ✕ | $AI's WETH pool now does 2.4× the volume of its NVDA pool, and other tokens ($SIT, $CLANKER) quote themselves against $AI. It became an asset in its own right. MarsCoin is still stock-anchored — arguably purer, but a lower ceiling. |
Every one of these is something we watched happen this month.
| Age under ~7 days | $AU cleared every metric bar at 1 hour old; $Seyclops hit a $102M cap at 2.4 hours and went to $0 liquidity the next day. Both winners here are 30+ days and grew into it. |
| Volume ≫ market cap | MOONCOIN traded 23× its own cap in a day on $19k of liquidity. Bot loop, not demand. |
| Few, large trades | $Seyclops did $19.4M across 1,011 trades — $19,189 each. $AI averages $362 and $BONER $104. Crowds move in small tickets. |
| Liquidity parked, not traded | 8 BNB tokens hold $8.7M on under $10k of daily volume between them. |
| Ticker squatting in the lane | Six separate $HOTDOG contracts split the Costco lane and none of them won. |
The pairing has to mean something. Both winners chose a stock whose thesis is the meme — compute for NVIDIA, Mars for SpaceX. That is what makes a ticker the obvious answer for its lane, and lane consolidation is what every winner we track has in common.
A vault of tokenized stock is the genuinely new primitive. Nowhere else in crypto do trading fees accrue in equity. Both of these built one. Whether holders can claim it is the open question: MarsCoin pays out, $AI explicitly does not — and $AI is the larger of the two, so the market has not yet priced distribution as superior.
Graduating beyond the stock pair may be the real ceiling test. $AI's WETH pool now trades 2.4× its NVDA pool, and other tokens quote themselves against $AI. It stopped being a stock-paired meme and became an asset. That is the step from $100M toward $1B, and MarsCoin has not taken it.
Neither is a business. No revenue, no product, no cash flow. $AI says so outright. These are attention assets with an equity-accrual mechanic bolted on — which is interesting and genuinely novel, but should not be mistaken for a protocol earning money.
FlapTaxTokenV3, $AI clones Whetstone's DopplerERC20V1. What remains unverified is what happens outside the tokens — both vaults are external addresses whose behaviour no contract enforces.P2 Ventures · sources: project sites (artificialinu.com, marscoinbnb.com), DexScreener, Robinhood Chain Blockscout, and our own daily snapshots · Master board