# Research record: More Paperwork / STAPLR

Research date: 2026-11-10. This is a design study for a future company launch on Base, not a deployment report. Primary project documentation supports technical claims. Indexer observations support only what those indexers returned. Mechanism choices, scores and volume scenarios are our proposals, not source claims.

The assignment prohibits websites, domains and social links in deliverables. Citations therefore use source IDs, publisher, identifiable title or explicitly marked title excerpt, publication date where available, and section or record identifiers. No outbound links are included. Source titles are bibliographic references, not endorsements. No real person is named as a project founder, owner or team member.

## What the chain's culture gives us

| Evidence | Attribution | Design inference, explicitly not a measured fact |
| --- | --- | --- |
| Zora's posting guide says each post is also a coin; its protocol documentation distinguishes content, creator and trend coins. | [R1], guide edited 2026-05-13; protocol overview accessed on research date | A transaction receipt is a natural object to circulate in a social setting already accustomed to coin-shaped posts. We do not assume all social apps currently coin all posts. |
| Clanker's v4 contract repository describes deploying ERC-20 tokens on Base through social requests, interfaces or direct contracts. Its current fee documentation distinguishes several versions. | [R2], repository overview and version-specific fee sections | A launchable company whose previous work was a counter is a useful self-directed joke. We do not copy a current launcher's fees or claim thousands of launches per day. |
| DEGEN describes a Farcaster-channel origin and the introduction of tipping; it uses the slogan "The Social Coin of Base." | [R3], opening and history sections | A small repeatable action can become a cultural cue. That supports trying a filing ritual, not assuming it will spread. |
| The chain's messaging guide lists "Bringing the world onchain" among its taglines. | [R10], Taglines | Paperwork literalizes the ambition: even administration has arrived onchain. Our line is original; we copy neither a chain logo nor its visual identity. |

The cultural hypothesis is affectionate self-satire about automating administration, social coin creation and unnecessary transaction rituals. It does not require accusations about insiders, a retelling of an early liquidity withdrawal, mockery of any person or group, or unsupported claims about how many bots launch tokens. Existing meme characters and their logos are research context, never design assets. DEGEN and the observed PAPER tokens demonstrate existing Base token identities [R3, R12]; this is not a claim about their quality or relative popularity.

## Assets and pools: available ingredients versus proposed desks

| Candidate | Sourced fact | Existing route or pool evidence | Decision and uncertainty |
| --- | --- | --- | --- |
| ETH | Native ETH can be a v4 pool currency [R9]. | The Uniswap interface's indexed Base ETH / USDC pool record identifies pool 0xb4cb800910b228ed3d0834cf79d697127bbb00e5 [R11]. Opening that interface directly returned a JavaScript-only shell. | Required launch quote asset. The indexed record is a discovery lead, not authenticated current depth. Seed ETH is developer-funded and set at deployment. |
| Native USDC | Circle's mainnet address table lists Base USDC at 0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913; its risk factors discuss transfer blocking and market deviations from a dollar [R4]. | ETH / USDC appears in [R11]; cbBTC / USDC appears in [R11]. | First satellite quote. Use native USDC, not an unverified wrapper. A familiar USD reference is not an absence of issuer risk. |
| cbBTC | The issuer announcement describes a BTC-backed ERC-20 supported on Base and identifies 0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf [R5]. | DEX Screener identifies a Base Aerodrome cbBTC / USDC pool at 0x9c38b55f9a9aba91bbcedeb12bf4428f47a6a0b8 [R11]. | Third satellite quote. Useful separate market, but BTC and ETH may move together. Custody dependency persists. Indexer data is not a current executable quote. |
| PAXG | The issuer's 2026-11-06 announcement says PAXG is live on Base and across DeFi venues there; its overview describes gold backing [R6]. Terms reserve freeze and upgrade powers [R7]. | The issuer announcement does not identify a pool, pair, fee or usable depth. Its availability claims are evidence of deployment, not enough to whitelist a route. | Second satellite quote, conditional on authenticated native Base contract and viable routes at initialization. No gold address or pair is invented. If checks fail, its allocation waits. |
| Tokenized stocks | The chain's B20 technical article describes policy-based transfer blocking, pauses, seizure, corporate-action multipliers and eligibility constraints [R8]. A launch article names Aerodrome as a stock-liquidity venue [R8]. | Venue availability is reported by the chain; no stock pool depth was authenticated here. The technical article also qualifies geographic access. | Excluded. Freeze and transfer-policy integration costs outweigh the extra reference markets for this design. Do not interpret "ERC-20 compatible" as unrestricted or immune to seizure. |
| Other real-world assets | The B20 article lists bond accrual and reference-asset events as other uses of the standard [R8]. | That is a capability example, not evidence that a specific treasury, bond or credit token has a permissionless Base pool. | No bond, treasury or credit position is included. Avoid fictional pool listings or treating an interface standard as a live asset. |

The three STAPLR satellites do not already exist. They are pools this design proposes to open using the vault's budget, after the main launch. Existing ETH / USDC and cbBTC / USDC markets are candidate conversion routes and reference checks, not vault positions and not promises of ongoing liquidity. Their balances, pool settings and asset authenticity must be verified at the execution block. Do not hardcode an indexer's displayed depth into a contract.

USDC, gold, BTC and ETH have different reference markets; this study estimates no correlation matrix. Calling them statistically uncorrelated would exceed the evidence. Even ideal quote-asset diversification cannot remove the common STAPLR exposure. Divergent quotes are only potential reasons for an arbitrage transaction, not proof it will happen or replenish the vault.

## Implementation facts that materially affect the concept

- V4 supports native ETH, configurable pool fees, liquidity callbacks and separate hook accounting [R9]. The proposed hook's additional fee is 0%. The assignment's fixed 1.25% launch fee is split from the sole seed LP's actual fee claims, not added again as a hook fee.
- V4 protocol fees are a separate governance-controlled mechanism [R9]. A regular fee splitter cannot declare them nonexistent. The primary hook must reject swaps if a nonzero underlying protocol fee would violate the specified split. This dependency is disclosed rather than silently changing the fixed facts.
- V4's liquidity callbacks can gate additions and removals [R9]. Restricting this design's LP accounts does not restrict plain token transfers or stop unrelated pools from being created.
- Chainlink documents feed timestamps and L2 sequencer status handling, including a recovery grace period [R13]. The exact feed addresses, heartbeat parameters, routes and liquidity observations for this design were not authenticated here. Its time windows, dollar thresholds and caps are design parameters, not claims about defaults or available liquidity.
- No cited documentation establishes a permissionless daily scheduler. Keepers must submit transactions and pay gas. Their reimbursements depend on the vault's funded operations reserve.

## Ticker collision check

Chosen name: More Paperwork, 14 ASCII characters including its space. Chosen ticker: STAPLR, 6 uppercase Latin letters. It is not one of the assignment's forbidden tickers [B1]. The name is our invented memecoin title; the ticker is a deliberately abbreviated reference to a stapler, not another token's identity.

| Check, performed on research date | Observed result | Scope and limitation |
| --- | --- | --- |
| DEX Screener search API, query STAPLR | Empty pairs array | No indexed pair found on any returned chain, including Base. This does not enumerate all ERC-20 deployments. |
| CoinGecko search API, query STAPLR | Empty coins, exchanges, categories, NFTs and ICO arrays | No entry found in this provider's search. |
| CoinGecko markets API, USD market-cap order, page 1, 100 entries | Exactly 100 records; case-insensitive symbol comparison found no STAPLR | This is a provider-specific top 100 snapshot, not every possible ranking. |
| Web searches for quoted STAPLR with token, coin, crypto and Base | No matching token surfaced | Search returned unrelated material, including a software-package name; that is not a Base-token collision or a trademark clearance opinion. |
| Indexed Base explorer, DEX Screener, GeckoTerminal Base and CoinMarketCap domain-restricted searches for quoted STAPLR | No matching indexed token surfaced | These were search-engine checks, not a full explorer database export. |

Collision decision: no STAPLR token was found on Base or among the retrieved top 100. This meets a researched "not found" standard within the recorded coverage, not mathematical uniqueness. Indexing gaps, inactive tokens and later deployments remain possible. Repeat the check before launch. Search results are not a trademark opinion.

### Tickers checked as taken

| Ticker | Evidence of an existing token | Result |
| --- | --- | --- |
| PAPER | DEX Screener's PAPER search returned Base tokens named PaperTrade_ at 0x8Cbd8327714f21007F474d957b1d126C31d8B230 and Paper Hands at 0x11dB2aC297478F176e16Cf07709FcFe6485dA56A [R12] | Taken on Base; reject as a brand ticker |
| DEGEN | Its own project page describes its token on Base and tipping history [R3] | Taken on Base and also explicitly forbidden by the assignment |
| ETH | Present in the retrieved top 100 market-cap snapshot [R12] | Taken; required quote asset, never a candidate brand ticker |
| USDC | Present in the retrieved top 100 and Circle's Base address table [R4, R12] | Taken; quote asset only |
| PAXG | Present in the retrieved top 100 and issuer Base announcement [R6, R12] | Taken; quote asset only |

STAPLE was also queried in the DEX Screener API and returned no pairs. It was not selected, not checked as thoroughly and is not claimed to be taken or available. A later batch of unrelated follow-up API requests received HTTP 403; those responses establish no additional ticker or pool facts and do not negate the earlier successful STAPLR, PAPER and top-100 responses. The checked-as-taken table uses only successful observations or identifiable primary sources.

## Source register

All sources below were accessed or queried on 2026-11-10. A missing publication date is left unknown, not inferred from a search engine's crawl time. Some search-result excerpts and live pages disagreed in freshness; mutable market numbers were therefore excluded from the design. No project traffic, market-cap total, pool depth, realized fee level or number of launches is asserted from a stale snippet.

### [B1] Assignment facts and context

The requester-supplied task, "Invent a memecoin for Base that the IMD swarm will launch as a company." Source of chain 8453, supply, decimals, allocation, developer manual transfer, launch fee split and prior counter-launch context. These are constraints, not independently verified deployment records. No contract for this proposed coin exists in this task.

### [R1] Zora: posts as coins

Publisher: Zora. "Making your first post on Zora," edited 2026-05-13, opening and posting instructions. Companion: "Zora Coins Protocol," sections Creator Coins, Content Coins and Trend Coins, publication date not stated. Supports the existence of post-level tradeable coins and distinguishes coin types. We do not import its distributions, fee model or claim about what all social posts do elsewhere.

### [R2] Clanker: social token deployment

Publisher: clanker-devco. Repository "v4-contracts," README overview describing token deployment on Base and the available request paths. Companion: DOCS repository, general / creator-rewards-and-fees.md, "Creator Rewards & Fees," sections "Clanker v5" and "Clanker v4 and earlier." Both publication dates unknown; current text accessed on research date. These sources establish deployment and version differences. No Clanker fee is represented as the fee of this new token, and no automatic token burn or transfer restriction is imported.

### [R3] DEGEN: social identity and ritual precedent

Publisher: DEGEN project. Main project page, opening slogan and Roadmap / "The Beginning" section; publication date not stated. Supports its self-description as a social token on Base, Farcaster-channel origin and introduction of tipping. Marketing claims elsewhere on that page are not treated as independent evidence of scale, quality or future activity.

### [R4] Circle: USDC on Base and issuer risk

Publisher: Circle. Developer documentation "USDC contract addresses," Mainnet table, Base row; publication date not stated. Companion: "USDC Risk Factors," last updated 2023-10-27, sections about deviations from dollar value and "Blocked Addresses & Forfeited Funds." Supports the native Base address, the dollar reference and issuer blocking risk. The market dollar mark in scenario arithmetic is a modeling assumption, not a stablecoin guarantee.

### [R5] cbBTC issuer: BTC representation

Publisher: cbBTC issuer. Announcement title excerpt: "Wrapped BTC (cbBTC) is now live," published 2024-09-12, marked updated 2024-09-23; opening description and contract-address table. Supports BTC custody backing, ERC-20 representation, Base support and the quoted Base token address. This source does not establish today's pool liquidity or make the custodian's backing claim independently verified by us.

### [R6] Paxos: gold reaches Base

Publisher: Paxos. Announcement title excerpt: "PAXG Launches on Base," published 2026-11-06; opening, "How PAXG is backed" and "Get PAXG on Base" sections. Companion: issuer developer documentation "PAXG Overview," publication date unknown. Supports Base deployment and the issuer's gold-backing description. The announcement says DeFi venues are available but provides no route-depth guarantee. The older product-page body still referred only to two other chains while newer availability headings included Base; the dated chain-launch announcement is stronger evidence for Base availability. No inferred pool address is supplied.

### [R7] Paxos: freeze authority

Publisher: Paxos. "PAX Gold Terms and Conditions," section 14, "Freezes and Upgrades," and section 16, "Illegal Use of PAXG"; page publication date not relied upon. Companion: issuer repository "paxos-gold-contract," README discussion of assetProtectionRole, accessed on research date. Supports the power to freeze token balances and the existence of issuer controls. These controls cannot be defeated by the proposed vault.

### [R8] Chain documentation: tokenized stocks and other RWAs

Publisher: Base chain. "Stocks just got updated.," published 2026-08-24, opening, builder discussion and eligibility disclaimer. Companion: "B20: The Standard Behind Tokenized Stocks on Base," published 2026-08-27, sections "Why real world assets need a purpose-built standard," "Corporate actions" and "Compliance and transfer controls." Supports stock availability claims, a named venue, the multiplier approach and explicit freeze/seize and transfer-policy powers. The launch article's general composability language does not override its disclaimer or the technical description of restrictions. Other RWA examples in the standard are not treated as proof of deployed liquid assets.

### [R9] Uniswap: fees and hooks

Publisher: Uniswap developer documentation. "Fees," sections "Dynamic Fees (v4)" and "Hook Fees (v4)" and protocol-fee discussion; "Liquidity Hooks," sections beforeAddLiquidity and beforeRemoveLiquidity; "Custom Accounting," fee and delta discussion; v4 whitepaper, native-ETH and hook sections. Publication dates vary and are not inferred; current pages accessed on research date. Companion: Uniswap protocol-fees repository, docs / V4FeePolicy-governance-guide.md, governance-operator guide. Supports distinct LP, protocol and hook fees, callback surfaces, native ETH support and governance-related fee configuration. It does not certify this design's splitter, keeper policy or security.

### [R10] Chain messaging: cultural vocabulary

Publisher: Base chain. "Messaging," sections "Critical Style Conventions" and "Taglines"; publication date unknown. Supports the chain's use of "onchain" and the attributed tagline in the culture table. This is cultural evidence, not a license to use its visual identity or imply endorsement.

### [R11] Pool discovery observations

Uniswap interface indexed pool record: Base ETH / USDC, pool identifier 0xb4cb800910b228ed3d0834cf79d697127bbb00e5. Search title displayed "ETH/USDC: Buy and sell on Uniswap"; direct opening exposed only a JavaScript requirement. Treat the pair label as indexed discovery evidence only.

DEX Screener pair record: Base, Aerodrome, cbBTC / USDC, pool 0x9c38b55f9a9aba91bbcedeb12bf4428f47a6a0b8. The directly retrieved page identified that chain, venue and pair. The indexer's older crawl and newer search excerpt had differing market figures; no such figures are used. This is a primary observation of an indexer's record, not a direct chain-state verification or a technical claim about Aerodrome's contracts.

### [R12] Ticker discovery observations

DEX Screener public search API, query parameters q=STAPLR, q=PAPER and q=STAPLE. Successful STAPLR and STAPLE responses returned no pairs. Successful PAPER response included the two Base token records listed above. CoinGecko public search API query=STAPLR returned no entries. CoinGecko public markets API, vs_currency=usd, order=market_cap_desc, per_page=100, page=1, sparkline=false returned 100 records. Their symbols were compared case-insensitively with STAPLR, with no match.

Top-100 symbol snapshot, normalized to uppercase for the collision comparison only; these are other assets' provider symbols, not alternate spellings of our ticker:

```text
BTC ETH USDT BNB USDC XRP SOL TRX FIGR_HELOC ZEC
HYPE XMR DOGE USDS LEO WBT LINK ADA XLM USDE
BCH NEAR DAI UNI LTC AVAX CC SUI USD1 XAUT
RAIN HBAR GRAM QNT PYUSD RLUSD USDG TAO SHIB CRO
USDY PEPE ENA USYC AAVE OKB EURSAFO PAXG ONDO USDF
M BUIDL ASTER PUMP U BTW WLFI USDD MNT DOT
SKY MORPHO HTX ICP BFUSD ARB BGB WLD JST ETC
USDGO VVV GT KCS POL OUSD RENDER JUP ALGO KAS
INJ LIT PI ATOM NEXO CAKE GHO NIGHT FIL USTB
ETHFI DASH ZRO STX XDC PEARL PIEVERSE JAAA BDX USD0
```

The quoted web-search queries and restricted indexes are described in the collision table. No matching result is not proof of nonexistence. No token search service offers a reservation of STAPLR by this document.

### [R13] Chainlink: reference-data handling

Publisher: Chainlink developer documentation. "Using Data Feeds on EVM Chains," feed-reading examples and timestamp fields; "L2 Sequencer Uptime Feeds," supported networks and example consumer contract. Publication dates unknown; accessed on research date. Supports checking data and sequencer availability rather than blindly trusting a quote. The concept's exact 30-minute window, 2-hour history and 1-hour recovery grace are chosen parameters; this study has not proved that each proposed asset feed is fresh, available or appropriate for this strategy.

## Unanswered implementation questions with defined handling

Actual developer, swarm and network recipients: configure and authenticate before deployment. No address has been invented. Seed ETH amount: a developer-settable launch input, checked against the published liquidity gate. Authentic gold address and usable route: verify before activating that desk; otherwise leave its allocation queued. Live feed addresses, heartbeats, current v4 protocol fee and gas feasibility: validate at initialization and execution; unavailable conditions delay or reject actions. No live-chain audit, legal availability review for every user, statistical correlation study, trademark clearance or security certification has been performed.

Those limits do not prevent delivery of this documents-only concept. They do prevent representing it as deployed, universally accessible, audited or self-sustaining. The strongest supported conclusion is that the cultural ingredients and contract primitives exist; the proposed meme and its operation remain a design to build and test.