Throughout my time in crypto I’ve avoided most ponzis. Most recycle their own token and call it “rewards,” with nothing backing it. When cashouts start, the loop dies.
$ALCH flips that. It’s a gamified ponzi flywheel that routes into a real RWA: vaulted gold via @orogoldapp.
How it works:
- Hold $ALCH.
- Burn it through in-protocol mechanics (Runes, Spells, multipliers).
- Each burn also stacks you points. Points count the same as holdings toward eligibility.
- Burns push fees from the ALCH/SOL pool, which are converted into $GOLD via Jupiter.
- Once the distributor wallet hits 0.5 $GOLD, rewards stream out to anyone with >1,000 $ALCH or >1,000 points.
$GOLD itself is redeemable through Oro which is backed and integrated by @MeteoraAG
Since launch:
- 26.68 $GOLD distributed (> $110K)
- ~7.5% of supply burnt
What’s different from the usual ponzi loops?
Oro is the anchor. Oro’s $GOLD is vaulted and backed, tied into Meteora infra. ALCH connects directly to that system. Rewards aren’t just useless points like every other ponzi. Here they translate to vaulted gold.
And the macro lines up: gold ripping ATHs, breaking resistance, safe-haven flows picking up.
On-chain game loop + real-world asset redemption is a narrative that stands out.
Me and my friends will keep buying dips and burning 🧙♂️
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