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Frequently Asked Questions

What is LaborCoin?

LaborCoin is a Polygon protocol for accumulating native POL and allocating treasury funds through constrained one-member-one-vote governance for worker support and mutual aid.

Is Revision 7.2 deployed?

No. Revision 7.2 is a seven-contract source candidate. Compilation, runtime commitments, tests, final addresses, permission migration, and production cutover remain pending.

Do I need Human Passport verification to buy or sell LABR?

Yes. Exchange V7 enforces permanent Identity Registry verification for official buys and sells. Frontend-only verification is not relied upon.

What score is required?

A score of at least 15.000 under the fixed scorer. Higher scores do not create additional rights.

Is verification permanent?

Yes. A wallet verifies once through an EIP-712 authorization. Status cannot be revoked, transferred, or recovered. Existing verified wallets continue during verifier or Passport outages.

Does verification prove one natural person owns one wallet?

No. It materially reduces simple Sybil behavior and requires each additional eligible wallet to pass the same scorer, but it is not mathematical unique-person proof.

How are dividends divided?

Equally per eligible verified holder, not by token balance. A verified wallet with 1 LABR and a verified wallet with 10,000 LABR each receive one equal share.

Can LABR be transferred to another wallet?

No. LABR is permanently non-peer-transferable. It can move only through the immutable official Exchange during a verified purchase or sale. Direct wallet transfers, direct deposits to Exchange, arbitrary approvals, liquidity pools, wrappers, bridges, and unofficial on-chain LABR markets are rejected.

Where are dividends claimed?

Available POL dividends are displayed and claimed on the Exchange page. Claims require the permanently verified direct wallet.

What happens if I sell below 1 LABR?

You stop receiving future dividend deposits. Dividends accrued while eligible remain claimable.

What is the official-exchange whale rule?

A wallet holding more than 10,000 LABR is completely barred from both buying and selling through the official exchange. At exactly 10,000 LABR it may sell but cannot buy more. Because LABR cannot be transferred peer to peer, a holder cannot move a completed balance aside and refill the original wallet.

What are the trade limits?

The maximum transaction is 5,000 LABR, the maximum permitted wallet is 10,000 LABR, and the official-trade cooldown is 12 hours.

How is Exchange V7 priced?

The marginal curve begins at 14 POL per LABR and reaches 210 POL at full distribution. Exact-token buys and sells use the integral of the quadratic curve.

Does Exchange V7 use Chainlink or USD pricing?

No. The candidate is denominated directly in POL and has no price-oracle dependency.

Where do purchase and sale contributions go?

Ten percent of purchase input goes to the Aragon DAO. Sales allocate 90% of gross redemption to the seller, 5% to the DAO, and 5% equally among eligible verified holders.

What is required to register for governance?

A permanently verified direct wallet, at least 1 LABR at registration, no prior registration, no existing LABRV, and a signed worker-centered attestation.

Can LABRV be transferred or delegated?

No. LaborVote V9.1 disables transfers, approvals, transferFrom, burns, delegation, checkpoints, and permit. Each registered participant receives exactly one membership unit.

Can someone join while a proposal is active and vote on it?

Yes. A participant who completes verification, acquires at least 1 LABR, registers, and receives LABRV before the voting deadline may vote while the proposal remains active.

How are governance thresholds calculated?

Participation is the ceiling of 25% of all members registered strictly before the voting deadline. The current target may rise as members join during voting, then becomes final at the deadline. Approval is the ceiling of 67% of votes cast. Registrations after voting closes cannot change the result.

What can Governance V15.1 execute?

One native-POL transfer through the existing Aragon DAO to the approved recipient. It cannot execute arbitrary calldata, token transfers, upgrades, or tokenomics changes.

Can the contracts be upgraded?

No upgrade path is planned. Temporary launch ownership exists only to bind exact cyclic dependencies and is renounced during finalization.

Where can I verify the design?

Read the technical whitepaper and the public source, compilation records, runtime commitments, deployment plan, test status, and Aragon permission records.