Most coins die.
Yours can leave
something behind.
Every coin launched on Wake names an heir. When it goes quiet — no trades, no holders moving, nothing — whatever liquidity and fees it still holds pass to the coin it named. Nothing is stranded. The line continues.
Dead coins are where liquidity goes to be buried.
Almost every token launched this year is already dead. Not rugged, not exploited — just quiet. The chart flatlined, the chat emptied, and the last few holders stopped checking.
What none of them do is release what is left. Residual liquidity, uncollected fees, a treasury nobody has the keys to care about — it all sits in a contract that no longer does anything, forever.
That is not a moral problem. It is a plumbing problem. The value is real and it is stuck, and there is no reason it has to be.
The only thing a dying coin still owns
Liquidity that nobody will ever trade against. Fees that will never be claimed. A community that has already moved somewhere else — usually together, usually to one specific place.
Wake's whole argument is that the coin should be allowed to say, in advance, where that goes.
How succession works
A coin launches and names its heir
At creation the coin points at another coin already on Wake. That pointer is written on-chain and cannot be changed afterwards — an heir named under pressure later would be worth nothing.
It lives, and the clock watches it
Every trade resets a dormancy timer. An active coin is never at risk; the timer only runs when genuinely nothing is happening.
It goes quiet
When the timer runs out, the coin is declared dormant. This is permissionless — anyone can call it, and the chain decides, not us.
What it holds passes to the heir
Residual liquidity and unclaimed fees move to the heir's pool in a single public transaction. The dead coin's holders keep their tokens and keep whatever claim the contract gave them. The heir gets depth it did not have to buy.
A line of succession, watched in real time
Four coins, each naming the next. Advance the clock and watch what happens when one stops trading.
Notice what the line does not do: it never takes tokens from holders. Succession moves the pooled liquidity and the uncollected fees — the things a dormant contract was going to sit on forever.
What counts as dead
Dormancy has to be boring and mechanical, because the moment it involves judgement it becomes something people argue about — and then something people game.
So the rule is a single number with no exceptions. A trade of any size resets it. No trade for the full window, and the coin is dormant. There is no committee, no vote, and no discretion.
A coin that wakes up a week before the deadline is simply alive again. There is no penalty for nearly dying, and no way to be declared dead while people are still trading you.
What passes, and what never does
| Item | On succession |
|---|---|
| Pooled liquidity what is left in the coin's own pool | passes to the heir |
| Uncollected trading fees accrued and never claimed | passes to the heir |
| Tokens held in wallets whatever holders bought | stays with the holder |
| The heir pointer set once, at launch | can never be changed |
| Anything in a private wallet including the launcher's | untouched, always |
The protocol can only ever move what the protocol already holds. It has no power over anybody's wallet, and the contract has no function that could give it one.
Why anyone would name an heir
You are choosing where your community lands
Communities migrate together whether or not anyone plans it. Naming an heir just makes the destination explicit, and sends the liquidity with them instead of leaving it behind.
Being named is worth something
An heir inherits depth it never had to pay for. Coins will compete to be named, and that competition is a reason for them to be useful to the coins naming them.
It costs nothing while you are alive
The pointer does nothing at all until dormancy. A coin that keeps trading never gives up a single unit of anything.
Built on Robinhood Chain
Wake runs on Robinhood Chain — an Arbitrum Layer-2 built on Ethereum, using Ethereum blobs for data availability, with ETH as the native gas token.
Succession needs cheap, frequent, unglamorous transactions: timers being reset, dormancy being declared, pools being merged. An L2 is the only place that arithmetic is worth doing.
What is not settled yet
The dormancy window is not chosen
Too short and live coins die on a quiet weekend. Too long and the liquidity everyone is waiting on sits there for a season. This number decides whether the whole thing feels fair, and it should be argued about in public before it is set.
Succession can be farmed
Launch a coin, name yourself as heir from a second wallet, let the first go quiet. The contract cannot tell that apart from a genuine bequest, and any honest version of this protocol has to say so out loud and design against it.
Nothing is audited
A contract that moves pooled liquidity between coins on a timer is exactly the kind of thing that needs an external audit before it holds real money. It has not had one.
Nothing is deployed
This page describes a mechanic, not a live product. There is no contract address, no pools and no coins yet, and anything claiming otherwise under this name is not us.