BUKIT tokenomics

Plain text (.md)

HyperBukit · hyperbukit.com · updated 10 October 2026

Not investment advice. BUKIT is a utility token used on hyperbukit.com to fund and settle events. It is not a security, a deposit or a financial instrument, and holding it gives no equity, profit share or claim on HyperBukit or its treasury. Nothing here is financial, legal or tax advice.

At a glance

NetworkSolana
Mint address5eBfe7DVixqaQUYsv39RFi23A7mMcACQQPJxXqcWu9wr
Supply100,000,000 BUKIT, minted once — fixed
Decimals6
Freeze authorityNone, permanently — no account can ever be frozen
Mint authorityA hardware wallet (Ledger), kept offline
Internal rate1 SOL = 100 BUKIT — a fixed rate, not a market price

The only live BUKIT mint is the address above. An earlier mint was retired in August 2026 and is labeled HyperBukit (Retired) / BUKITOLD; anything else offering "Bukit" is not us.

Where the supply is

  • About 99% is in cold storage on the hardware wallet.
  • About 1% (1,000,000 BUKIT) is a working float in the treasury, which pays out deposits automatically.
  • A small remainder is held by people who have deposited.

The hot float holds only what deposits need, so a compromise of a server key cannot reach the rest of the supply. The live split is on the dashboard: https://www.hyperbukit.com/dashboard.

How BUKIT moves

  • Deposit: send SOL on the site, receive BUKIT from the treasury float at the internal rate. No deposit fee. One purchase is capped at 1,000 SOL.
  • Events: a guest deposits BUKIT into an event's escrow bucket. When the event meets its goal, the host is paid; if the deadline passes first, everyone is refunded in full.
  • Leaving early: where the host allowed it when creating the event, a guest can take their whole deposit back until the goal is met.
  • Calling off: a host can call off an event that has not met its goal; every deposit can then be taken back at once. A met goal cannot be called off.
  • Burn: a filled event keeps back a fee, part of which is burned on chain, and the Redemption Center burns the whole price of what you redeem. Nothing new is minted, so burns only shrink the supply.
  • Rewards: small BUKIT rewards for using the site, paid from the float.

Fees

WhatFee
Deposit SOL for BUKITNone
Events (BUKIT)3% today when an event fills: 1% burned, 2% treasury. Nothing if it doesn't fill or is called off.
RedemptionsThe whole price is burned
Card tickets5% processing fee — added at checkout or absorbed by the host, as the host chooses. Refunded too if the event doesn't fill.

The event fee is set on chain and bounded by the escrow program for good: it can never exceed 40% of a fill (the most ticketing platforms charge today), and the burned share can be anything from 0% to the whole fee. Any change is announced at least 14 days before it takes effect and is visible on chain; the aim is for the community to vote on it. The card fee is a platform setting, not on chain, and changes only with notice in the Terms.

Risks

  • The only market is a small SOL/BUKIT pool on Raydium (since 4 October 2026), which Hyperbukit does not operate. BUKIT may not be sellable in size, and any dollar figure on the site is an estimate.
  • The price can fall, including to zero.
  • Smart contracts can fail, Solana can be congested, and transactions are irreversible.
  • Token rules and their tax and regulatory treatment can change.

Full details and the risk disclosure: https://www.hyperbukit.com/token

How it all works, and what is fixed in the program and why: the whitepaper, https://www.hyperbukit.com/docs/whitepaper

The docs aren’t available in the iPhone app.

Home ›