Cash-out floor

Unlimited downside

Traditional token launches also share a darker feature: there is no built‑in way to get your money back from the thing you funded. Once your ETH has been swapped for a token, your fate is in the hands of secondary markets and large holders; if they decide to leave, the price can blast to zero. Cobuild hardcodes a different deal.

Cobuild token floor

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Every token comes with an cash‑out floor: at any time you can return tokens and receive a slice of the assets sitting in the token's treasury. When cashing out, you pay a small fee that stays in the treasury. You get slightly less than the pro‑rata share and the remainder is left behind, so the floor value per token can only move up. You are no longer dangling over a bottomless pit or subject to pump-and-dump schemes. Your downside is bounded by a real pool of assets the system is committed to buying back your tokens with.

Real revenue

On a typical bonding curve, the only thing propping up the price is the willingness of later buyers to subsidize earlier ones. Hype is the main input. With Cobuild, the input that matters most is real economic activity.

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Whenever a community routes revenue or raises money, the treasury grows, and with it the cash-out floor for every holder. The “worst case” for holders improves as the project actually does business, sells products, runs campaigns, charges fees, because those flows are captured onchain instead of leaking out to intermediaries.

The incentive flips from pure greater‑fool speculation to something much closer to ownership: help the network earn and propagate, and the minimum you can walk away with increases as long as money keeps flowing through the rails.

AMMs

Markets are free to trade above the floor, automated market makers can sit between the issuance ceiling and the redemption floor, but the core guarantees stay the same: early buyers get permanently cheaper entry than anyone who comes later; every token comes with a built‑in way to cash out against the treasury; and as real revenues accrue, that worst‑case exit ratchets upward. Cobuild tokens wrap these mechanics so communities can focus on building culture and products while the underlying system keeps the funding game fair.