$GOONER token terms

$GOONER has not launched yet. These terms apply from launch.

What it is

A token on Solana (SPL) with a supply of 1,000,000,000 at launch that can never grow (the mint authority is revoked) and shrinks with every burn. You can hold it in your GoonerTube Wallet, stake it there, and withdraw it to any Solana wallet.

Staking

Staking $GOONER (at least the minimum, default 1,000) is what lets you earn from watching, and your stake tier boosts your watch points. Flexible stakes return to your balance after a cooldown (default 7 days); locked stakes (30, 90 or 180 days) cannot be withdrawn before their unlock date. By default there is no passive share of income for simply holding a stake; GoonerTube may switch on a stakers' pool (paid in US dollars by stake weight: amount × lock weight × time staked) and may change the shares, locks and tiers for future weeks. There is no fixed or promised return.

Watching and uploads

Ad revenue is what advertisers pay GoonerTube on the platform (plus any revenue from deals made off the platform), counted per weekly epoch. Only stakers earn from watching: qualified views earn points, boosted by your stake tier, and the watch pool (by default 25% of ad revenue) is paid in $GOONER each week. Uploaders share 50% of ad revenue in $GOONER by qualified views. Ad revenue earned before launch is set aside and included in the first weekly split. Rewards are credited to your GoonerTube Wallet and can be auto-staked. They come only from real income: they change every week and can be zero. Rewards are for watching videos, never for watching or clicking ads.

Risks

GoonerTube holds staked and unstaked $GOONER for you (custodial). The value of $GOONER can fall to zero, and staking income depends on GoonerTube's revenue. Sharing platform income with token holders may make $GOONER a regulated financial instrument in some countries; staking may be limited where it isn't allowed.

Where the rest goes

By default the rest of the ad revenue (25%) and the 15% of each GoonerFans payment that creators don't keep go to GoonerTube, to build and run the platform.

Buyback and burn

GoonerTube may buy $GOONER on the market (through Jupiter on Solana) and burn it, either from its own share or by setting part of ad revenue or GoonerFans payments aside for it; by default no share is set aside. Bought tokens are destroyed with an on-chain SPL burn, so the total supply goes down, and every burn is listed on the $GOONER page with its Solana transaction. Burns are at GoonerTube's discretion, depend on income and market liquidity, may be delayed, skipped or stopped, and say nothing about the future price of $GOONER.

White paper

The crypto-asset white paper required under the EU MiCA regulation will be published here before any offer to the public in the EU.

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