I. Origins of the Mechanism: What Is the Harberger Mechanism?
1. Core Concept and Rules
In 1962, economist Arnold Harberger proposed a floating-property-rights economic model that broke free from the constraints of traditional permanent private ownership. The core idea is that asset holders declare their own valuations and pay taxes accordingly; anyone in society can acquire the asset at its publicly listed price, with no conditions.
The ultra-simple operating rule (Harberger tax): Set a price for your asset and pay tax based on that price. You cannot refuse anyone who wants to buy it at that price.
· Price it too high: You pay a hefty tax every year.
· Price it too low: It can easily be bought out from under you.
· These two-sided constraints encourage holders to declare a truthful price, direct resources to those most willing to use them, and return tax revenue to the community.
Tokenomics ($SENDOVER)
· Launch platform: http://sender.family
· Total supply: Fixed at 1 billion tokens, with no further issuance.
· Trading pool: A live Uniswap V4 trading pool (ETH pair) will open at launch. Liquidity will be permanently locked by the contract and cannot be withdrawn.
· Anti-sniping: Anti-bot sniping protection will be enabled for the first 3 blocks after launch. Each wallet can hold a maximum of 5% of the total supply.
· Trading fee distribution: 70% goes to the 100 seat holders (automatically executed by the contract via http://sendover.fun); 30% goes to the project treasury (24% of which is used to burn tokens, and 6% goes to the creators).
· Summary: Holding a seat lets you earn ongoing returns from token trading volume. A seat is your entry pass to participate in the project.
Key Project Advantages
1. Truly scarce: There will only ever be 100 seats—not tens of thousands of PFPs.
2. A strategy game: It’s not just about trading tokens and watching charts. The Harberger tax turns ownership into a game of pricing, defending, and competing for assets.
3. Dual yield streams: Seat trading activity generates dividends for holders + token trading volume generates dividends for holders.
4. Anti-stagnation mechanism: Seats left idle for a long time will be repriced and returned to the market, keeping the landscape in continuous rotation.
5. Secure and transparent: Deployed on the Ethereum mainnet, with verified contracts; reviewed in 3 independent security audits and passed 65 tests.
CA:0x9925805b9b0dda34418798ccf95bcff5633f9176
1. Core Concept and Rules
In 1962, economist Arnold Harberger proposed a floating-property-rights economic model that broke free from the constraints of traditional permanent private ownership. The core idea is that asset holders declare their own valuations and pay taxes accordingly; anyone in society can acquire the asset at its publicly listed price, with no conditions.
The ultra-simple operating rule (Harberger tax): Set a price for your asset and pay tax based on that price. You cannot refuse anyone who wants to buy it at that price.
· Price it too high: You pay a hefty tax every year.
· Price it too low: It can easily be bought out from under you.
· These two-sided constraints encourage holders to declare a truthful price, direct resources to those most willing to use them, and return tax revenue to the community.
Tokenomics ($SENDOVER)
· Launch platform: http://sender.family
· Total supply: Fixed at 1 billion tokens, with no further issuance.
· Trading pool: A live Uniswap V4 trading pool (ETH pair) will open at launch. Liquidity will be permanently locked by the contract and cannot be withdrawn.
· Anti-sniping: Anti-bot sniping protection will be enabled for the first 3 blocks after launch. Each wallet can hold a maximum of 5% of the total supply.
· Trading fee distribution: 70% goes to the 100 seat holders (automatically executed by the contract via http://sendover.fun); 30% goes to the project treasury (24% of which is used to burn tokens, and 6% goes to the creators).
· Summary: Holding a seat lets you earn ongoing returns from token trading volume. A seat is your entry pass to participate in the project.
Key Project Advantages
1. Truly scarce: There will only ever be 100 seats—not tens of thousands of PFPs.
2. A strategy game: It’s not just about trading tokens and watching charts. The Harberger tax turns ownership into a game of pricing, defending, and competing for assets.
3. Dual yield streams: Seat trading activity generates dividends for holders + token trading volume generates dividends for holders.
4. Anti-stagnation mechanism: Seats left idle for a long time will be repriced and returned to the market, keeping the landscape in continuous rotation.
5. Secure and transparent: Deployed on the Ethereum mainnet, with verified contracts; reviewed in 3 independent security audits and passed 65 tests.
CA:0x9925805b9b0dda34418798ccf95bcff5633f9176