Everything you need to understand how the Proof of Community Protocol works — from the bonding curve to launch day.
Proof of Community (PoC) is a token launch protocol that replaces speculation with verifiable community growth. Instead of unlocking token supply through arbitrary schedules or team decisions, supply unlocks only when real milestones — measured in on-chain registered members — are reached.
Think of it as a consensus mechanism for trust. No single entity controls the launch. The community itself, by growing to predefined thresholds, triggers each phase of token availability. Every rule is encoded in the smart contract and enforced automatically, with no admin override after the authority burn.
Most token launches share the same structural problems: a team pre-mines a large allocation, insiders get early access at low prices, then retail buyers absorb the sell pressure. PoC is architected to eliminate all three.
The result is a launch where incentives are structurally aligned — early participants win only if the community actually grows.
A bonding curve is a pricing formula built directly into the smart contract. Instead of setting a fixed token price, the curve automatically adjusts price based on supply and demand in real time.
The core idea: as more tokens are bought, the price rises incrementally. As tokens are sold back, the price falls. Every buy and sell happens against the curve itself — there is no order book and no counterparty needed. The contract always stands ready to buy or sell at the mathematically determined price.
In PoC's implementation, the curve is parameterized to reward early community members while still allowing new participants to enter at fair market rates. Price is always transparent and predictable — you can calculate exactly what any buy or sell will cost before you confirm the transaction.
PoC gates token supply and protocol features behind three community growth milestones, measured in verified on-chain registrations:
Progress toward each milestone is tracked transparently on-chain. Anyone can verify the current member count and the distance to the next tier at any time.
PoC implements a graduated sell tax — a small percentage fee applied when tokens are sold back to the bonding curve. The tax rate decreases over time and as the community grows, eventually reaching zero at full maturity.
The purpose is structural, not punitive. In early-stage token launches, a small number of participants can acquire tokens cheaply and immediately dump them, destroying price stability and discouraging genuine community growth. The graduated sell tax creates a cost to rapid exit that aligns holders with the protocol's long-term trajectory.
Proceeds collected from the sell tax flow directly into the protocol treasury, which is governed by multisig and used exclusively for protocol development and ecosystem growth — as defined in the on-chain rules. No sell tax revenue can be directed to the founding team's personal wallets.
The protocol treasury is controlled by a multisig wallet requiring approval from multiple independent signers — no single key holder can unilaterally move funds. This eliminates the single-point-of-failure risk common to team-controlled treasuries.
Beyond multisig, all treasury transactions are subject to a timelock delay. Any outgoing transfer must be queued on-chain and publicly visible for a defined waiting period before it can execute. This gives the community time to observe, verify, and raise alarms if a transaction is unexpected or suspicious.
Additionally, per-transaction spending caps are encoded in the contract. No single transaction — regardless of who approves it — can exceed the protocol-defined spending limit without a formal governance upgrade, which itself requires community approval and a timelock.
During the initial 90-day period after mainnet launch, the founding team retains a limited upgrade authority. This window exists specifically to allow rapid response to critical security vulnerabilities or unforeseen edge cases discovered in the wild — not for policy changes or economic restructuring.
All upgrades during this window are still subject to the timelock delay and are publicly visible on-chain before they execute. Community members can monitor all queued transactions in real time.
After 90 days, the upgrade authority is permanently burned. The private key is destroyed and the renouncement is verifiable on-chain. From that point forward, the protocol is immutable. No entity — including Chain Reaction Crew — can alter the token economics, supply schedule, tax rates, or governance rules. The protocol runs exactly as written, forever.
Right now, the best step you can take is joining the waitlist at poc-protocol.com/#register. Waitlist position is recorded on-chain and will determine your priority access when the protocol launches on mainnet.
When we go live, participation will require:
No KYC. No whitelists beyond the waitlist priority queue. No geographic restrictions beyond what applicable law requires. If you hold SOL and your wallet is connected, you can participate at the contract level without any gatekeeping from the team.
An internal security review of the smart contracts has been completed. This review covered the bonding curve mathematics, supply gating logic, multisig and timelock implementation, sell tax distribution, and the authority burn mechanism.
An independent third-party audit is scheduled and will be completed before mainnet deployment. We will publish the full audit report — including any findings and our remediation responses — on-chain and on this site. There will be no hidden findings or selective disclosure.
Devnet testing is ongoing. Community members are encouraged to interact with the devnet deployment and report unexpected behavior. All bug reports are taken seriously and will be addressed before mainnet launch.
Version 1 of the Proof of Community Protocol is built on Solana. Solana was chosen for its sub-second finality, low transaction costs (fractions of a cent per transaction), and a developer ecosystem that has matured significantly for DeFi and token launch primitives.
The bonding curve and all on-chain logic are written as Solana programs using the Anchor framework. The low cost of transactions is important to us — we want community members in any economic circumstance to be able to interact with the protocol without prohibitive gas fees pricing them out.
Cross-chain expansion is on the long-term roadmap. After the Solana v1 launch proves the model at scale, the protocol design will be evaluated for deployment on additional EVM-compatible chains. No specific timeline or targets are committed at this stage.
Proof of Community is designed and built by Chain Reaction Crew, a team focused on building infrastructure for communities that want verifiable, trustless coordination at scale.
We built PoC because we kept seeing the same playbook in crypto: a team with an idea, a white paper promising fairness, an insider pre-sale, and then a launch that immediately advantages those with the most capital and connections. We wanted to build the alternative — a launch mechanism where the code enforces the promises so the team doesn't have to be trusted to keep them.
You can follow our work on X @Chain_R_Crew, join the community on Telegram, or learn more at chainreactioncrew.com.
The protocol is currently in active devnet testing. This phase focuses on contract stability, bonding curve accuracy under load, and stress-testing the tier milestone triggers with simulated community growth.
A public devnet period — where community members can interact with a testnet deployment using mock SOL — will be announced through our official channels before mainnet launch.
Mainnet launch timing is not yet committed publicly. We will announce a date only after the third-party audit is complete, remediation of any findings is verified, and the devnet testing phase has concluded without critical issues. We would rather launch right than launch on schedule. Follow @Chain_R_Crew on X and join the Telegram for updates as they happen.
Read the full protocol documentation or join the community on Telegram.