INDEPENDENT PROTOCOL · INSPIRED BY FWA · NOT AFFILIATED WITH FWA OR ROBINHOOD
SEAL MEMECOINS.
DRAW A BAG.
CHOOSE THE ENDING.
FWA's verifiably random market DNA, rebuilt for memecoin Bags on Robinhood Chain. An independent public randomness network called drand produces the draw; MemeBag verifies its cryptographic proof onchain before selecting a Bag. You keep its tokens or take 85% of its backing.
UNTIL DRAWN
ONE REQUEST. ONE VERIFIABLE DRAW. TWO OUTCOMES.
The same journey everywhere: LIST → REQUEST → VERIFY → CHOOSE → CLAIM.
Seal a Bag
Seal allowlisted memecoins, attach ETH and make the Bag eligible for the draw.
Pay the public price
Pay the public request price. The contract escrows the payment while randomness is pending.
Verify public randomness
drand publishes an unpredictable random value. MemeBag checks the proof onchain before any Bag can be selected.
Tokens or backing
Keep the Bag's tokens or take 85% of its ETH backing as withdrawable credit.
Settle to wallet
Claim the tokens or withdraw the ETH credit to your wallet.
A PUBLIC RANDOM NUMBER NOBODY CAN PICK.
drand is an independent network that publishes signed, unpredictable random values at fixed intervals. If you know Chainlink VRF, it serves a similar purpose here: supplying randomness. MemeBag then verifies the drand proof directly on Robinhood Chain before the draw can continue.
ETH backing is not the value of the tokens and is not insurance. It is ETH supplied by the lister, used for selection weighting and settlement.
REQUEST PRICE ≠ WALLET MAXIMUM The public price is weighted backing plus the protocol's 10% surcharge. Your wallet maximum adds a 5% execution buffer and the separate randomness fee; unused buffer returns as withdrawable credit.
KEEP You receive the Bag's tokens; the lister receives the backing minus the keep fee.
CASHOUT You receive 85% of the selected Bag's backing as credit; the lister keeps the tokens.
WAIT / EXPIRE A request can wait for the relayer or expire at its deadline — the escrowed price then returns to you as withdrawable credit.
THE SEALED LEDGER
No Bags are eligible yet. Configure an asset, seal a Bag, then attach ETH backing.