Abstract

$LIST is a deflationary token on Solana where supply burns are triggered by real-world events verified through prediction markets. When names are publicly confirmed on the Epstein document list via Polymarket resolution, corresponding token burns execute automatically on-chain.

1. Introduction

In January 2024, a federal judge ordered the release of court documents naming individuals connected to Jeffrey Epstein. This unprecedented disclosure created a unique intersection of public interest, verifiable information, and prediction markets.

Polymarket, the leading decentralized prediction platform, created markets for each potential name: "Will [Name] be confirmed on the Epstein list?"

$LIST was created to bridge these prediction markets with tokenomics. Each confirmed name triggers a permanent, on-chain token burn proportional to that individual's public profile.

2. The Problem

Arbitrary Tokenomics

Most deflationary tokens implement burns based on arbitrary triggers: time-based schedules, volume milestones, or team decisions. These mechanisms lack transparency and can be manipulated.

Disconnection from Reality

Cryptocurrency markets often operate in isolation from real-world events, creating purely speculative assets with no external validation mechanism.

Trust Requirements

Traditional burn mechanisms require trusting a team to execute burns as promised. This introduces counterparty risk.

3. The Solution

Event-Driven Burns

$LIST ties burn events to externally verifiable outcomes: real court documents, prediction market resolutions, on-chain execution, and public transaction records.

Trustless Verification

Polymarket serves as a decentralized oracle with community-driven resolution and public audit trails.

Permanent Deflation

All burned tokens are sent to a verified burn wallet with no recovery possible, verifiable on Solscan.

4. Tokenomics

Supply

Distribution

• No presale: Fair launch
• No team allocation: All tokens in circulation
• No mint function: Supply can only decrease
• Liquidity: Locked on Raydium

Token Details

5. Burn Mechanism

Executed Burns (8 Names - 25%)

Burn Execution Process

1. Polymarket market resolves "YES" for a name
2. Team verifies resolution via official Polymarket API
3. Burn transaction is executed on-chain
4. Transaction is announced with proof link
5. Supply updates reflected across all platforms

6. Verification System

Polymarket as Oracle

Polymarket provides decentralized price discovery, community-driven resolution, public audit trails, and API access for verification.

On-Chain Proof

Every burn includes a Solscan transaction link, timestamp, amount burned, and destination (burn wallet).

Transparency

All burn configurations are published on GitHub, the website burn schedule, Telegram announcements, and Twitter updates.

7. Current Status

8. Future Events

Epstein List Deadline

December 31, 2025 - 17 additional names tracked with ~19% remaining burn allocation.

Diddy Trial (May 2025)

Secondary burn event tied to the Sean "Diddy" Combs trial verdict:

Inverse probability burns: unlikely outcomes trigger larger burns.

9. Risk Factors

• Market Risks: Cryptocurrency volatility, liquidity constraints, exchange listing uncertainty
• Event Risks: Polymarket resolution disputes, document release delays, legal uncertainties
• Technical Risks: Smart contract limitations, Solana network issues, oracle reliability
• Regulatory Risks: Evolving cryptocurrency regulations, prediction market legality

Links