Declared value, and what it can honestly promise.
A trend coin's value is declared from an attention reading rather than discovered in a pool. That is a legitimate mechanism — it is also the one most often used to imply money that does not exist. This page is the difference, stated plainly.
01 The rule
Every qualifying term gets a coin. Its value is set by its attention level, on a fixed scale:
declared value = level / 100 (level is 1..100)When the attention reading moves, the level is re-posted and the declared value moves with it. No trade causes that move, and no trade is needed to make it happen. It is a re-labelling of the unit, applied to everyone at once.
02 Why the liquidity doesn't move
Because nothing was bought or sold. If a term's attention doubles and its declared value goes from
$0.40 to $0.80, not one cent has entered or left anything. Every pool holds exactly
what it held a second earlier. What changed is the number those holdings are quoted in.
This is the same arithmetic as an NFT floor. A thousand NFTs with a $100 floor are "worth" $100,000; one sells for $200 and the set is "worth" $200,000, on $100 of actual volume. The second number is real accounting and fake money at the same time, and everyone in that market knows it.
03 The line that must not be crossed
Declared value works precisely as long as nobody is promised they can redeem at it. The moment a holder can hand the coin back for real assets at the declared number, the arithmetic inverts and becomes a run:
| Level | Declared | Claims on 1,000,000 supply | Backing |
|---|---|---|---|
| 50 | $0.50 | $500,000 | $500,000 ✓ |
| 100 | $1.00 | $1,000,000 | $500,000 ✗ |
| 25 | $0.25 | $250,000 | $500,000 ✗ |
At level 100 the first half of holders to redeem take everything and the rest get nothing. At level 25 half the backing belongs to no one. Attention is unbounded, so no amount of collateral fixes this — the promise outruns any reserve you can fund.
04 So trendpair does not redeem
A trend coin is a unit of account. It carries no claim on any reserve, and the protocol never offers to buy it back at its declared value. That single omission is what makes the design solvent: there is no promise to break, at any attention level, ever.
05 What the declared value is actually for
It is a measuring stick. Coins launch priced in a trend coin, which makes one number visible that no other launchpad shows: whether a coin outran the attention it was launched against.
attention-adjusted = (price now / price at launch)
------------------------------
(level now / level at launch)
Above 1.00, the coin beat its own trend. Below it, the trend did the work and the coin lagged.
A coin flat in price while its term's attention halved has doubled in attention-adjusted terms — that is
information, and it is the number this whole design exists to produce.
06 Bounds on the oracle
The reading that sets a level is the one thing capable of moving every quoted number at once, so it is fenced:
- Levels clamp to 1–100. A dying term floors at 1 and is never zeroed.
- A level moves by at most 25 points per post, so a violent swing lands over several posts.
- Posts are rate-limited, and a stale or future-dated reading is refused.
- Every reading is derived from public sources and is re-derivable by anyone.
Note what these bounds do and do not do. They limit how fast the measuring stick can be redefined. They are not solvency protection, because solvency here does not depend on the levels at all.
07 What this does not claim
- A level is relative interest, not search volume, not revenue, not truth.
- Terms are noisy. Short strings collect unrelated queries; names catch every other person with that name.
- Declared value is not a price you can sell at. The pool decides that.
- Total value figures quoted through a trend coin are notional, and move when the unit is re-declared.
- trendpair is not affiliated with Google, Robinhood, or any platform or person named by a term.