REDD — Litepaper (v1)

TL;DRThe short version

Trade Robinhood Chain by talking to REDD in plain language — install once, run in your own terminal.
It remembers your strategies, trades and preferences across sessions, anchored on-chain, and carries a soulbound identity that earns karma.
A Fee Guardian times gas, batches transactions, caps your spend and shows true cost before anything is signed — built for the moment Robinhood Chain's gas subsidy ends.
Non-custodial by design: your keys never leave your machine; every action is simulated first.
$REDD is the token: hold for your flair (tier), the 2% pons creator fee is shared to $REDD holders (handled by pons, claim from your profile), and paid API calls (REDD X402) settle in $REDD to the treasury that funds long-term development.

01The problem

Two problems collide on Robinhood Chain today. First, trading terminals are stateless — they forget your watchlist, strategies and history every session, so you re-explain yourself constantly. Second, the chain's 90-day gas subsidy is ending; users are about to pay real gas on top of hot pons trading fees, and most tools happily let you overpay.

An agent that (a) remembers, and (b) guards every transaction's cost, solves both — if it can act, not just advise.

02What REDD is

REDD is a command-line AI agent for pons. You tell it a goal in plain language; it plans the route, waits for cheap gas, bundles the transactions, and hands you one thing to confirm — with the real cost shown up front. Nothing is custodial: signing happens locally with a key that never leaves your device.

Three pillars

Copilot + memory — natural-language trading with persistent, encrypted memory and an on-chain identity.
Fee Guardian — gas-aware timing, batching, a fee-budget cap, and true-cost preview.
REDD X402 — the same engine exposed as a paid service other agents call, settled in $REDD.

03Fee Guardian

Fees can't be deleted — but a smart agent can minimize them honestly.

Gas-aware timing — fires when gas is cheap; the daemon runs DCA in low-gas windows while you sleep.
Batching — bundles multiple actions into one transaction (buy five tokens as one tx, not five).
Fee budget cap — set a ceiling; REDD refuses or queues anything over it.
True cost up front — every action is simulated first; real gas plus real pons fee shown before you confirm.

Honesty rail: fees are minimized, never claimed to be zero. Once the subsidy ends, everyone pays gas — REDD's edge is timing, batching, caps and transparency, not zero-fee magic.

04Memory & identity

Your watchlist, trade history, realized PnL and named strategies live in an encrypted local store. A commitment (root hash) is anchored on-chain — cheap, verifiable, portable across devices. The full memory stays with you; only the commitment is public.

Each operator mints a soulbound ReddAgent — a non-transferable on-chain identity that carries your memory pointer, tier, and karma (reputation earned from real trades). Reputation is built, not bought.

05REDD X402 — REDD as a service

The agent economy is converging on one pattern: agents discover and call services over a standard interface (MCP), and pay per call. REDD does not try to be that marketplace — it plugs into it. REDD exposes pons execution as an MCP service that any host (Claude Desktop, other agents) can call. Nobody else offers execution on Robinhood Chain — that is REDD's lane.

Settlement uses a prepaid-credits escrow (ReddCredits): a caller tops up $REDD once, then each call is settled by a per-call voucher the caller signs. The relayer can never charge more than signed, and unused credit is withdrawable any time — non-custodial, and it works with the plain pons $REDD token.

The same rails let REDD host its LLM brain: users pay $REDD per natural-language request while the model key stays server-side. Usage becomes real, recurring demand for $REDD.

06$REDD token

$REDD fair-launches on pons, paired with tokenized Reddit stock ($RDDT). It is a hold-stack, not a ticket:

Pillar	What it does
Hold-tier (flair)	Just hold $REDD for your flair — Bronze 50k / Silver 250k / Gold 1M. Unlocks deeper memory, a smarter model tier, more automation slots. No lock, no stake.
Creator fee → holders	The 2% pons creator fee is shared directly to $REDD holders, handled by pons — each holder claims their share from their pons profile.
Usage → treasury + burn	Paid API calls (REDD X402) settle in $REDD via ReddCredits: 70% to the treasury that funds long-term REDD development, 30% burned.

Pair: $RDDT 0x05b37Fb53A299a1b874A619e1c4C404D52C36F4C

07Architecture

REDD CLI — natural language to intent to action on pons; local keystore, isolated signing.
Memory — encrypted local store + on-chain root commitment.
Identity — soulbound ReddAgent (ERC-721) with tier + karma.
Immortal daemon — DCA and stop-loss / take-profit; simulate-first, fuel-gated, capped, fail-safe.
On-chain — ReddAgent (identity) + ReddCredits (X402 escrow, splits usage revenue 70% treasury / 30% burn), all on Robinhood Chain.

Every automated action: simulate (eth_call) → fuel-gated → capped → execute → record. Out of fuel, over cap, or a failed simulation pauses the agent and pings you — never a blind send.

08Roadmap

Phase 1 — Copilot + Fee Guardian core + memory + identity + $REDD launch.
Phase 1.5 — first automation: DCA + stop-loss / take-profit, gas-aware off-peak.
Phase 2 — REDD X402: pay-per-call pons API + MCP server + hosted brain, settled in $REDD.
Phase 3 — agent-to-agent: share and sell strategies, karma leaderboard, micropayments.

09Security & honesty

Non-custodial: keys and funds stay with the user, on the user's machine.
Private key / mnemonic is never logged, served, or committed.
Hosted-brain LLM key stays server-side and is never returned to a client.
Simulate before broadcast; per-transaction and daily spend caps.
Fees are minimized, never claimed to be zero.
REDD follows its own reddiquette: simulate first, cap spend, never a blind send.

This document is provided for informational purposes only and does not constitute financial, investment, legal, or tax advice, nor an offer or solicitation to buy or sell any asset. The mechanisms described are under active development and remain subject to change. Readers are responsible for their own due diligence and for compliance with the laws and regulations of their jurisdiction.