Backed by Backed.
The double rising floor.
$BACKEDD is a fixed-supply token sitting on a vault of $BACKED. Every trade buys more BACKED from the market and deposits into the reserve — so the floor only rises. All while the BACKED floor rises. Redeem any time for your share of the vault.
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3% tax on every trade · 3% slippage
How it works
The tax buys BACKED. BACKED buys Stocks.
Value accrues to the vault instead of being paid out — so the token appreciates and the floor climbs with every trade.
Every Trade Pays 3%
A Uniswap v4 hook takes a 3% tax on each buy and sell of $BACKEDD, straight into the vault.
It Buys BACKED for Reserve
A keeper spends tax proceeds, and buys $BACKED from the open market. That BACKED stays in the vault as backing.
The Floor Rises Twice
Supply decreases when someone redeems, leaving a fee behind. Backing per token can only rise. The underlying asset price floor also rises, making the reserve floor rise even faster.
Why it can't go to zero
A price can fall to nothing. A claim on BACKED can't.
Because $BACKEDD is redeemable for its share of the vault in BACKED, and $BACKED is itself redeemable for tokenized equities, pinning value to real backing. The floor isn't a promise — it's the balance anyone can withdraw, anytime.
Open the vault→