e0a

a hundred names.
not one of them owned.

One hundred names,
one ring, one order.

e0a holds one hundred four-character .eth names. Every buy pays the ENS registrar and pushes the nearest expiry a full year out. Every sell takes its share of the treasury and pulls the next expiry closer. A name nobody pays for expires, clears its grace, and returns to everyone.

renewals walk the ring forward by exactly one. a renewal adds exactly one year.

100names in the ring
3.65 daysbetween two renewals
$160a name-year, paid to the registrar

The order was written once.
The ring never turns backwards.

Open the ledger Read the mechanism

e0a

One hundred names, one ring, one order.

The order was written once. The ring never turns backwards.

One hundred names,
one ring, one order.

The order was written once.
The ring never turns backwards.