🔍 What Is the ASYLUM Project?
ASYLUM is a decentralized, cyclical ecosystem that revolves around meme creation, token burning, and multiplier-based rewards. It operates through repeating 30-day cycles where users compete to push meme content, earn token multipliers, and strategically trade between tokens. The system uses two primary tokens:
- t0 – the base token used for burning, voting, and minting
- tn – meme tokens created in each cycle based on community votes
At its core, ASYLUM gamifies token interactions and meme culture by rewarding active participation and timing.
🔧 Bootstrap Phase – The Launchpad
- The system starts with t0 tokens available at $0.002.
- For the first 12 months, the price of t0 doubles each cycle.
- After 12 months, the price increases at a slower rate, using the formula:
Price Factor after n cycles = 1 + (1 × 0.25^(n-1)), making it gradually less aggressive over time.
This sets the foundation and incentive for early adopters to buy in while t0 is still cheap.
🔁 System Cycle – 30 Days, Two Steps
Each cycle is broken into two 15-day phases, creating a predictable and engaging loop:
📤 Step 1: Nomination & Selection Phase (15 Days)
- Users burn t0 tokens to:
- Vote or nominate memes
- Qualify for multipliers in the next minting phase
🔥 How Multipliers Work:
The reward multiplier for Step 2 is based on two factors:
- Burn Ranking (How Much You Burn):
- Lowest 25% of burners: 2.1x base multiplier
- Second lowest 25%: 2.25x
- Second highest 25%: 3x
- Highest 25%: 4x
- Timing Bonus (When You Burn):
- For each day remaining in the 15-day period, you get +0.1x added to your multiplier
- Max timing bonus: +1.4x (if you burn on Day 1)
✅ Combined Multiplier Ranges (Best-case scenario):
- Lowest tier: 2.1x to 3.5x
- Second tier: 2.25x to 3.65x
- Second highest tier: 3x to 4.4x
- Top tier: 4x to 5.4x
At the end of Step 1, the meme with the most votes is selected as the next cycle’s mintable meme token (tn).
🧬 Step 2: Minting Phase (15 Days)
- During this window, users can mint the selected tn token.
- Users burn t0 tokens to mint tn at the multiplier they earned in Step 1.
- Formula:
tn minted = t0 burned × multiplier
- Formula:
⚠️ Multiplier Limitations:
- Your earned multiplier only applies to the amount of t0 burned in Step 1.
- Any extra t0 burned in Step 2 (outside your Step 1 burn amount) gets only a 1x multiplier.
🔁 Reverse Burn – Anytime Redemption
The system allows users to burn tn tokens at any time to mint t0, depending on the current supply of that tn token.
The fewer tn tokens remain, the higher the return multiplier:
| Remaining tn Supply | Reverse Burn Multiplier |
|---|---|
| 100% to 50% | 1x |
| 50% to 25% | 2x |
| 25% to 12.5% | 4x |
| 12.5% to 0% | 8x |
This incentivizes users to hold tn tokens and strategically burn them when supply is low for maximum gain.
♻️ Continuous Loop – Perpetual Cycles
After each cycle:
- A new meme token (tn+1) is introduced
- The process repeats with new voting, burning, and minting
- Old tn tokens remain active for reverse burn at any time, creating lasting value for past cycle participants
🧠 Key Takeaways:
- ASYLUM is a token ecosystem fueled by meme culture and economic strategy.
- Users are rewarded for early and strategic participation.
- The platform encourages community engagement, content creativity, and token burning as the core mechanics.
- The cyclical structure keeps the system fresh, while reverse burns ensure older tokens still have value.