06 Phase Two: MiauSwap

Tokenized creator revenue shares. This revolutionary innovation transforms the creator economy from consumption-based to participation-based, allowing fans to invest in creator success while providing creators immediate access to growth capital.

Creator Account Tokens (CATs

CATs represent ownership shares of a creator's future revenue. Smart contracts enforce transparent revenue distributions, trading rules and holder rights. Each CAT represents 0.1% of creator revenue (maximum 200 CATs = 20% of revenue).

How CATs Work

1

Creator chooses tokenization percentage

Creator decides tokenization percentage (maximum 20% of revenue).

2

Smart contract mints CATs

Smart contract mints a fixed supply of CAT tokens based on the chosen percentage.

3

Initial sale

Initial sale provides the creator with immediate capital.

4

Weekly distributions

Weekly distributions are sent automatically to all holders.

5

Secondary market trading

Secondary market enables trading and liquidity for CATs.

6

Price discovery

Price discovery occurs through supply/demand dynamics on the secondary market.

Distribution Mechanics

Every Monday at 12:00 AM UTC, smart contracts automatically distribute the previous week's revenue share to all CAT holders. Distributions occur in ETH (Base network) and are proportional to CAT holdings.

Distribution Calculation Formula

Creator Net Revenue × CAT Percentage = Total CAT Distribution Total CAT Distribution ÷ Number of CATs = Per-CAT Distribution

chevron-rightExamplehashtag

Creator earns $10,000 net revenue in a week Creator has 100 CATs outstanding (10% of revenue) Total distribution: $10,000 × 10% = $1,000 Per-CAT distribution: $1,000 ÷ 100 = $10 per CAT Holder with 10 CATs receives: $100

Value Propositions

For Creators

  • Immediate access to growth capital without debt

  • No repayment obligations or interest charges

  • Maintain full business control and creative freedom

  • Market-based valuation of creator business

  • Aligned incentives with engaged fan community

  • Multiple offering opportunities over time

For Fans / Investors

  • Financial participation in creator success

  • Weekly passive income from distributions

  • Trading liquidity through secondary market

  • Portfolio diversification across multiple creators

  • Early supporter rewards as creators grow

  • Transparent on-chain verification of distributions

Trading Infrastructure

Miauswap employs a professional-grade order book system (not an AMM) for superior price discovery.

Order Types and Matching

  • Limit orders: Set specific price and quantity

  • Market orders: Execute immediately at best available price

  • Order matching: Price-time priority algorithm

  • Real-time order book: Full market depth transparency

ALL CATs trade exclusively against the MIAU token, creating constant demand for MIAU and unified liquidity.