@if
$SIGNET token economics explained 🧵
The app is dead simple. Fully on-chain. Permissionless.
Want to feature your Farcaster cast on the on-chain spotlight?
You buy 100 $SIGNET, your cast takes the spotlight, and those 100 $SIGNET go straight into your wallet. That’s literally it.
More traffic → more spotlight value → more motivation to mint → higher token price → more traffic → (the loop keeps turning)
But here’s the cool part 👇
Every $SIGNET is backed by $HUNT through Mint Club’s bonding-curve system. When you mint $SIGNET, the contract locks an equivalent amount of $HUNT inside the curve.
So both tokens move together:
more spotlight action → more HUNT locked → deeper liquidity → rising value for both SIGNET and HUNT.
Thick liquidity, tight supply, and a feedback loop powered by community attention.
Current numbers:
- The #1 Trending Mini App on Farcaster
- Market cap ≈ $82 K
- Liquidity on Mint Club ≈ $18 K in HUNT (96 000 HUNT locked)
- Liquidity on Uniswap ≈ $22 K in ETH + SIGNET
That’s roughly a 48 % liquidity ratio - unusually thick for a microcap.
✅ Low slippage for buyers
✅ Price grounded in real reserves
✅ A sustainable, not hype-driven, loop for both $SIGNET and $HUNT