> For the complete documentation index, see [llms.txt](https://nad-fun.gitbook.io/nad.fun/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nad-fun.gitbook.io/nad.fun/hypeboard.md).

# Hypeboard

\*will be updated once season2 goes live\
\
**Hypeboard** is a feature designed to support tokens launched through Nad.fun. It highlights top tokens from trending categories, making it easier for users to discover emerging trends and opportunities. 

## Mindshare Voting Model

Users earn **Round Points** (→ which convert into **Hype Points**) based on their trading activity. These Round Points can be used to vote for tokens during a 3\~4 day voting window.

* A portion of this treasury is used to **buy back the winning token** each round.
* Token projects can also offer **additional bribes/rewards** to encourage votes.

After each round, there is a **3-day cooldown period** where no voting occurs and fees accumulate for the next cycle.

> <mark style="color:purple;">running “Strategic Meme Reserve”, driven by user governance</mark>

Platform revenue flows back into community token buybacks, creating a dopamine-driven event loop where users can speculate not only on price action, but also on **which community will win the next round**.

## How Hypeboard works

#### \<VOTE>

1. &#x20;**Earn Round Points**\
   Earn Round Points by: trading, creating coins, and graduating your coin
2. &#x20;**Vote to Earn Hype Points & Rewards**\
   Use your Round Points to vote for the tokens you support.

* When you vote, your Round Points are **converted 1:1 into Hype Points**.

3. **Use Them or Lose Them**\
   You must use all your Round Points **before the round ends**.

* Any **unvoted** Round Points **expire** when voting closes.

#### \<ROUND>

**Round Phase**\
A limited-time window where you can use Round Points to vote.

* After the Round ends, voters can **claim rewards** for the tokens they voted on,\
  proportional to the amount of Round Points they spent.

**Cooldown Phase**\
A short break before the next Round begins, allowing fees to build up in the treasury again.

## FAQ

**Q. How can a token be listed on Hypeboard?**\
**A.** Tokens are selected based on their performance at the time of listing.\
Key factors include:

* Market cap
* Trading volume
* Holder distribution / holder count

**Q. How much buyback does the platform do?**\
**A.** Each round, we plan to use **10–20% of the community treasury** for buybacks of the winning token.\
We may also **add external funds** to increase the buyback size.\
\
**Q. What if same token keeps winning ?**\
**A.** The token that won a round can't be listed on hypeboard for the next round, and can comeback the round after if it still fits the criteria above.&#x20;


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