No monarch makes the trip alone.
Every autumn, monarchs leave Michoacán. None of them sees the whole trip: it takes four generations to fly to the Great Lakes and back. Monarch gives your coin the same journey, carried by four generations of holders.
Four generations
A holder joins the count with 0.01 % of the supply on three snapshots in a row, ten minutes apart. Each palier opens a generation, and the next palier judges it.
- Forty holders open the first leg, Michoacán to Texas.burns 1 part in 12
- A hundred and twenty open the second, on to the Midwest.2 parts in 12
- Three hundred open the third, up to the Great Lakes.3 parts in 12
- Seven hundred fly the last leg home, judged seven days later.6 parts in 12
A generation that sells burns nothing. The monarch turns a shade paler, and everyone can see it.
The arrival
When the fourth generation lands back in Michoacán, every holder who made the trip becomes one dot in the swarm, and the coin's page keeps the record: which waves held, which tranches burned.
Why not launch straight on Stonks?
You can, and you get the same launch and the same fees. Launching here adds three things Stonks alone does not give you.
| On Monarch | Stonks alone | |
|---|---|---|
| The full launch | Free | Same launch, same fees |
| A living object | The monarch on its route | None |
| Burns | Pre-signed, sent in public | By hand, if any |
| A coin page | Public, with every tranche | The Stonks page |
A few questions
Who signs the burns?
The dev, in their own wallet, before launch. Each burn sits on its own durable nonce; the site sends that exact transaction when its generation holds. No key ever leaves the wallet.
What if the dev sells, or backs out?
The tranche turns CANCELLED, in red, on the coin page, for good. A generation that fails leaves its tranche SKIPPED.
Can a coin launch without burns?
Yes. A dev can set the reserve to 0 %: nothing is reserved and no burn is signed. The coin page says "No burn on this coin" where the tranches would be, and the four generations are still tracked.
Who counts as a holder?
Any wallet with 0.01 % of the supply on three snapshots in a row. The dev wallet and the pool never count.
Does Monarch hold any funds?
No. No treasury, no vault, no site wallet, no launch fee.
Does a burn make the price go up?
Nobody can promise that. A burn removes a fixed share of the supply from the dev's wallet. That is all it does.