Abstract
Protocol intent: revive stranded value into MEGY via pool-proportional phases with verifiable accounting.
Coincarnation is a chain-agnostic contribution & distribution protocol that revives stranded crypto value (“deadcoins” & “walking-deadcoins”) into a common unit, $MEGY. Instead of relying on a volatile market price, each phase opens a fixed supply pool and allocates MEGY pro-rata by contributed USD value. The design emphasizes fairness, auditability, and resilience via multi-source valuation, a transparent floor policy, public dashboards, and explicit governance controls.
Practically, participants contribute supported assets; the protocol normalizes them to USD using a prioritized pricing stack with safeguards. At snapshot, MEGY is distributed according to each wallet’s share of phase demand. Optional vesting, caps, and anti-sybil controls can be enabled to smooth supply and protect the system.