How it works

The Slop Machine · Ethereum mainnet

The Slop Machine is a fixed collection of 5,000 artworks, each a picture and a caption made for each other, minted as ERC-721 tokens on Ethereum. Minting art is the only action in the system. There is no team allocation and no roadmap. The dev takes no cut of mint proceeds — every mint drives a closed loop around a companion token, $SLOP. The dev's only revenue is a 1% fee, in ETH, on every $SLOP swap — including the buy each mint performs — routed to the deploying wallet (see below).

EVERY MINT GIVES YOU A FIXED 100 $SLOP — THE SAME FOR EVERY MINTER, WORTH ABOUT THE 0.01 ETH MINT PRICE FROM THE FIRST MINT TO THE LAST. OF THE 1,000,000 SUPPLY, HALF GOES TO MINTERS AND HALF SEEDS THE POOL AND IS BURNED OVER THE MINT. YOUR MINT ETH BUYS $SLOP FROM THE POOL AND BURNS IT. SELLS ARE ALWAYS OPEN; EXTERNAL BUYS OPEN AUTOMATICALLY WHEN ALL 5,000 MINT OUT.

Minting

5,000 pieces, fixed. Price 0.01 ETH each.
Mint in batches of 1, 10, or 100.
Connect an Ethereum wallet, choose a batch, confirm. Each artwork is a unique token.

The $SLOP loop

Every mint gives you a fixed 100 $SLOP — the same for every minter, whether you mint first or last. There is no early-mint advantage. (500,000 total, 50% of supply, drawn from a reward reserve.)
100 $SLOP is worth about the mint price — start to finish. The pool is seeded flat so that 100 $SLOP is worth roughly the 0.01 ETH you pay, for every mint, reaching about the mint price at the 5,000th.
The other 500,000 $SLOP seeds the pool and is burned over the mint. At launch, half of supply is placed into the $SLOP/ETH pool as single-sided liquidity (that liquidity position is burned and can never be pulled out). Each mint's ETH (less the 1% fee) buys $SLOP from that pool and permanently burns every token it buys — over the full run, nearly the entire tranche burns (~half of all supply), and the ETH you paid accumulates as locked liquidity in the pool.
Sells are always open. From the moment the pool is live you can sell $SLOP back into it at any time — there is no lock and no gate on selling, ever.
External buying opens at mint-out. While the collection is minting, the only buyer is the mint itself (the buy-and-burn above). When all 5,000 pieces mint out, external buying opens to everyone automatically — triggered in code by the final mint, not by any switch the dev controls. Only then can $SLOP appreciate, on real demand.
A 1% fee, in ETH, applies to every $SLOP swap — including the buy each mint performs, so it is charged from the very first mint — and goes to the deploying wallet as the dev's only revenue.

What this means

During the mint, $SLOP can be earned by minting art and sold at any time, but not bought from outside — the only buyer is the mint's own buy-and-burn, which removes nearly the whole pool tranche while your ETH accumulates as locked liquidity. The pool is flat, so 100 $SLOP stays worth about the mint price for the whole run. When the collection mints out, external buying opens and $SLOP becomes a normally tradeable token — about half of supply burned, backed by the locked ETH — free to move on real demand. It still has no promised value; treat anything you spend as spent.

Contracts

The contracts are immutable and autonomous once deployed — they cannot be paused, upgraded, or reversed by anyone, including the dev. Addresses are published here at launch:

$SLOP token — 0x1eBdEFAB372efe3300c02AB72f0996C6eC316EED
Mint (ERC-721) — 0x7D9E257050287B58708fB05886Ac15B2eE4B93b6
v4 hook — 0x0FCC0302907D38bd76aEFc0E2960672A6870e444

All three are live on Ethereum mainnet, immutable, and ownership-renounced — they cannot be paused, upgraded, or reversed by anyone, including the dev. The 1% swap fee routes to the deploying wallet permanently.

Risk

This is an experimental artwork, not an investment. Smart contracts may contain bugs. Blockchain transactions are irreversible. You are responsible for your own wallet security, taxes, and legal compliance. You may lose everything you spend. See the Terms and Privacy Policy.