The flywheel
How the marketplace, the DAO, and the $HOLYSHIT token feed each other.
Most NFT products have one primitive (a marketplace, or a DAO, or a token). Pantheon.meme has three, and they're deliberately wired into a loop.
The loop
Marketplace generates royalties
Every trade on Pantheon routes a royalty cut on-chain to the DAO treasury. The more the marketplace trades, the more the treasury grows — denominated in native $M (MemeCore). (Dumped $SHIT is separate — it flows to the Pool that deities claim from, not to the treasury.)
DAO decides what to do with the money
Deity holders vote on how to spend the treasury — feature drops, creator grants, LP & self-reward, parameter changes, diversification. 100% of the royalty flow sits under the DAO's control.
Deity holders claim $HOLYSHIT
Every 69 hours, each deity can claim its share of the live pool (0.069% per shit). This is pure schedule-based distribution — no staking, no lockups.
Holders dump $HOLYSHIT on collections they believe in
Dumping burns $SHIT from your wallet and recycles 100% of it back into the pool. The collection you dumped on climbs the boost leaderboard and gains visibility on /explore.
Boosted collections trade more → loop closes
Visibility drives trades. Trades generate royalties. Royalties flow back to the DAO treasury. The next claim cycle starts with a fatter pool because everyone who just dumped recycled their $SHIT back in.
Why this is different
Token-weighted governance drifts toward whales. One-deity-one-vote caps governance influence at the collection's size (1,696 voters max), regardless of secondary trading.
Most marketplaces send royalties to a company. Pantheon sends them to a multisig-less, on-chain DAO treasury that only a proposal can spend.
Most tokens inflate or dilute. $HOLYSHIT is hard-capped at 69,696,696 and recycles on every dump. The "circulating" number breathes — up when holders hoard, down when the community dumps on collections.
The liturgy
The product frames the loop with a three-step slogan that you'll see repeated across the UI:
Shit → Hold or Dump → Repeat.
- Shit — claim your deity's payout every 69 hours.
- Hold — let the pool grow and claim more next cycle, or Dump — spend $SHIT to boost a collection and recycle it back to the pool.
- Repeat — the cycle never ends, the mechanics never change.
The product is deliberately not promising anything else. There's no roadmap (the landing FAQ literally lists the roadmap as ████████████ [redacted]). The mechanics above are the entire thing.
Core concepts
the vocab. deities, holy spirits, $HOLYSHIT, dumps, cooldowns, the RDA, DAO governance. learn once, the rest makes sense.
Reflexive Dutch Auction
The continuous, self-regulating Dutch auction that prices each Holy Spirit — one per round, with each clearing price setting the next round's ceiling.