Community Takeover (CTO)

What Is a Community Takeover?

A Community Takeover (CTO) is a process where the community may elect a new leader for a coin when the original anonymous creator becomes inactive. The elected leader - the CTO Lead - may take over the creator role and receive creator fees going forward, subject to platform policies.

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How the CTO Election Works

1. Election Is Initiated

Currently, CTO elections are initiated by the platform. Once CTO elections go fully live, anyone will be able to nominate themselves.

2. Nominations

• Anyone can nominate themselves by signing up on the platform with their X account

• Your X account will be doxxed - your identity becomes public as a candidate

• All candidates are shown publicly for the community to evaluate

3. Voting

Community members vote using their existing wallets:

Aspect	Detail
Wallet support	Phantom and any Solana wallet
Vote weight	Proportional to your coin holdings
Dynamic weight	If you sell during the election, your vote weight decreases
Duration	24 hours

4. Quorum Requirement

For a CTO Lead to be elected:

• A minimum of ~69 million tokens (~6.9% of supply) must be cast as votes

• If quorum is not met → the original anonymous dev continues

• If quorum is met → the highest-voted candidate wins

5. Fee Handling During Election

• During the 24-hour election, creator fees are paused (not claimed by anyone)

• After the election, fees are redirected to the winner

6. Post-Election

• The CTO Lead begins receiving creator fees, subject to platform policies and applicable law

• The original dev can also participate - if they win, they continue receiving fees

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Election Flow

CTO Election Initiated
  (Creator fees paused)
        │
        ▼
  Candidates Nominate (X accounts doxxed)
        │
        ▼
  Community Votes for 24 hours
  (Vote weight = coin balance)
        │
        ▼
  ┌────────────────────────────┐
  │  Quorum Met (≥6.9% supply)?│
  └──────────┬─────────────────┘
         ┌───┴───┐
        YES     NO
         │       │
         ▼       ▼
   CTO Lead    Original Dev
   Elected     Continues
         │       │
         ▼       ▼
   Fees → CTO   Fees → Dev

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