Pre-launch. Namehold is building its first ledger. The token described on this site is planned, subject to legal review, and not an offer. Disclosures
nameholdfrontier domains, held in public Treasury
The token, as planned · Solana · Subject to legal review

A fee that buys names, and a ledger that proves it.

Namehold plans a token whose transfer fee funds the company's first domain acquisitions. The fee is symmetric and hard-capped, at a rate to be set and published before launch. It flows into a timelocked multisig with a published split, and every dollar of it is traced to a purchase on the public ledger. The token is designed to fund a treasury, not to pay a yield. Nothing launches before legal review, a named audit, locked liquidity and onchain vesting are in place.

Purpose

Why a fee, and why now

No lender finances domain names at scale, and the window to buy a frontier extension cheaply is short: .si went from 190,000 to 299,422 names in a single month. A transfer fee raises acquisition capital in the period right after launch, when it is most useful, and ties the amount raised to the activity of the people who hold the token. In return, Namehold publishes what no domain company publishes: every name it owns, what it paid, what the names are appraised at and by which method, and every sale with a verifiable reference.

Fee is withheld

Every transfer of the token withholds a fee, enforced by Solana's Token-2022 program itself, so no exchange, wallet or pool can route around it.

Fees are harvested

On a published schedule the withheld fees are swept into the treasury, a multisig behind a timelock, and split by rule into three addresses.

Names are bought

The acquisitions address buys names of the current frontier and a few .ai and .com anchors in the first year, each entered on the ledger with its cost and reference.

Fee sunsets

When domain sales cover renewals, the fee is removed. The ledger, the reserve and the company continue.

Mechanics

How the fee works on Solana

Token transfers buys, sells, wallet moves fee Withheld fees Token-2022, harvested on schedule Timelock → multisig published split, public addresses Domain acquisitions · 60% spent in the first year Renewal reserve · 25% three years of renewals, held liquid Operations · 15% capped; staff, tools, audit Company holds registrations own registrar accounts, registry lock Sales escrow, marketplaces, lease-to-own Public ledger verified sales, dated and referenced proceeds fund the next thesis; the fee is removed once sales cover renewals
Percentages are the planned split. The final rate and split are published before launch, with one address per recipient.
Fee
A fee on every transfer, symmetric on buys and sells, set in the Token-2022 transfer-fee extension. The rate is not yet decided and is published before launch. The authority to change it is held by the timelocked multisig, so any change is public and takes effect only after a notice period of two epochs. The per-transfer maximum fee is set high enough that large transfers pay the full rate.
Treasury
A Squads multisig behind a timelock, with a small signer set named on the Verify page. Spending above a published threshold requires a token-holder vote.
Split
60% to acquisitions, executed in the first year while the fee is most productive; 25% to a reserve sized to three years of renewals for the names bought; 15% to operations, capped. Each share has its own address and appears in the fee ledger.
Supply
Fixed at launch, with the mint authority revoked so no further issuance is possible. Team tokens vest onchain with a 12-month cliff and 36 months of linear release. Liquidity is locked for a long, published term.
Reporting
"Cost basis plus cash per token" and "appraised value plus cash per token" are published separately, with appraisals shown as ranges. They are information, not a redemption value.
Sunset
The fee is removed once domain-sales income covers renewals. It is launch funding, not a permanent levy.
What we will not promise
  • No redemption right, net-asset-value floor or buyback commitment. Domain names cannot be sold on demand to defend a price.
  • No yield, APY or distribution funded by the fee. If a distribution is ever introduced, it will be programmatic and funded only from realised domain sales and lease income.
  • No burns in the early years. Cash in the reserve is what lets the company hold names for years.
  • No further issuance after launch, no freeze authority, no permanent delegate.
  • No launch before the conditions below are met and published.
Launch conditions
  • Legal review completed, with its conclusions reflected in the final design and in the Disclosures page.
  • Named audit of the mint configuration, the treasury and the harvest process, with the report linked.
  • Liquidity locked onchain for a published term; lock contract linked.
  • Team vesting live in an onchain vesting contract; address linked.
  • Mint address, fee authority, treasury addresses and signer policy published on the Verify page.
  • Final fee rate and split published, together with the first names already on the ledger.
Questions

About the token

Is this an investment?
We cannot tell you how to treat it, and this site is not advice. We can tell you what the token is designed to do: fund domain acquisitions through a fee, and make the company's holdings public. It is not designed to pay a yield and it carries no claim on the names. See the Disclosures page.
Why Solana?
Because the Token-2022 transfer fee is enforced by the token program on every transfer, including deposits to exchanges, rather than by custom code that only works in certain pools. The trade-off is that some integrators find transfer-fee tokens harder to support; we will confirm venue and wallet support before launch rather than assume it.
Can the fee be changed?
Only by the timelocked multisig, in public, with the change taking effect after a notice period of two epochs. The plan is to lower it to zero once sales cover renewals, never to raise it.
What stops the treasury being spent on something else?
The split is fixed by rule and each share has its own address. Spending above a threshold requires a holder vote. Every outbound transaction is labelled against the ledger, so anyone can reconcile fee collected with names bought.
What happens if the token never launches?
Namehold continues as a domain company. The ledger, the registrations and the sales do not depend on the token; the token is a way to fund the first year faster.