$LOOM
The $LOOM token
This page states what exists, what is planned, and what is deliberately not being promised. It will always be conservative; announcements happen here and on official channels only.
What exists today
- Genesis points — the live accounting of participation, with public rules.
- Protocol revenue — real and already flowing: a 5% performance fee on yield at redemption, plus a marketplace fee switch (currently off, capped at 5%). Both accrue on-chain to protocol-controlled addresses.
There is no $LOOM token yet. Any token claiming to be $LOOM today is a scam — check official links and addresses.
What is planned
- A $LOOM token at a future TGE (token generation event), after mainnet launch.
- Genesis points are expected to convert at TGE. Mainnet-season points are the basis; conversion mechanics, rates, and any treatment of testnet participation will be announced before TGE — not retroactively invented after it.
- Revenue sharing: the intended design routes protocol fee revenue to staked $LOOM as revenue share — paid from what the protocol actually earned, month by month. The fee plumbing was built for this: fee recipients are already switchable to a distribution contract without touching live assets.
What is not promised
- No conversion rate, no supply, no distribution percentages, no dates — until they are published here.
- No fixed yield on $LOOM, ever: fee revenue is variable (it follows redemptions), so any distribution is a share of real earnings, not an interest promise.
- Nothing on this page is an offer, a solicitation, or investment advice. Points confer no ownership, no governance right, and no claim on the protocol or its revenue unless and until a published conversion says otherwise.
If a message, site, or "team member" tells you more than this page does, it is not us.