POTS Bid Module
The bridge between Pots Money and Pots Market. PBM transforms IBS protocol revenue into $POTS governance tokens — not through a sale, but through a transparent, on-chain 500-day auction that rewards long-term IBS stakers.
- PBM converts IBS protocol revenue into $POTS governance tokens — not a sale
- Revenue is collected as BTCB and injected daily into the POTS/BTCB pool over 30 days
- 500-day deflation auction: 0.5%/day removed, shifting from 80% burn → 80% redistribution
- Only IBS stakers receive redistributed POTS — general users cannot participate
- After 500 days: taxes removed, ownership renounced, POTS becomes free-floating DAO token
From IBS Revenue to POTS Distribution
Four stages, each building on the last — from unlock tax to permanent DAO governance.
Revenue Collection
When an IBS staker unlocks, a Co-Building Fund Tax is applied — 30% for immediate unlock, 0% for 30-day linear unlock. This USDT tax is automatically converted to BTCB and stored in the PBM Treasury. BTCB serves as the hard reserve: non-inflationary, globally recognized.
Scheduled Daily Injection
Each settlement cycle's revenue is divided into 30 equal portions. One portion is injected daily into the POTS/BTCB liquidity pool. This prevents large destabilizing liquidity events and creates a steady, predictable capital flow — 30 days of controlled injection per cycle.
500-Day Deflation Auction
Once POTS enters the pool, the auction begins. Every day, 0.5% of the current pool balance is removed and split between burning and redistribution to IBS stakers. The split shifts gradually — early days heavily favor burning, late days heavily favor staker redistribution. Stakers who sell POTS back into the pool replenish it, extending the auction.
Full Decentralization
When the 500-day auction concludes, four irreversible actions execute: protocol-owned liquidity migrates to a standard DEX pool, all POTS buy/sell taxes are permanently removed, transfer restrictions are fully lifted, and contract ownership is renounced. No entity can ever modify the POTS contract again.
How the Burn/Redistribution Ratio Shifts
The 500-day auction is path-dependent — daily outcomes depend on pool balance and staker sell-ins.
In a pure deflation scenario (no sell-ins), the pool reaches approximately 8.2% of its initial size after 500 days. In practice, staker sell-ins replenish the pool continuously — extending the auction and increasing total POTS distributed over time. More active stakers → larger daily redistributions.
PBM Is Not a Public Sale
Access to POTS through PBM is gated by IBS staking — not open to general purchase.
IBS vs POTS — Two Different Assets
Same ecosystem, fundamentally different roles. Understanding the difference matters before participating.
PBM Questions
What stakers and researchers ask about the POTS Bid Module.