Whitepaper
Pay The Debt Coin
1. What this is
Pay The Debt Coin is a meme coin that routes a fixed share of its own trading volume into a public Ethereum wallet earmarked for the United States Treasury. 36 trillion tokens exist — one for every dollar of the national debt.
We are not going to pretend this is a technology project. $PTDC is a meme coin, it lives or dies on attention, and it has no utility beyond the mechanism described in this document. What separates it from the rest of the category is that its central claim is checkable: the donation wallet is a public address, the tax is written into the contract, and anyone can verify both without asking us for anything.
2. The mechanism
Every buy and every sell pays a tax, taken automatically by the token contract. Buys are taxed less than sells, which makes entering cheaper than leaving.
| Destination | Buy | Sell |
|---|---|---|
| U.S. Treasury donation wallet (in ETH) | 2% | 2% |
| Project & Growth Fund | 1% | 1% |
| Burned to the dead address | — | 1% |
| Total | 3% | 4% |
The Treasury share is taken in ETH, not tokens. That matters — it means the donation wallet accumulates a liquid, recognised asset rather than a pile of our own meme coin that would have to be sold to be worth anything.
The burn makes $PTDC permanently deflationary. Every sell destroys 1% of the tokens involved — sent to an address nobody controls, unrecoverable by anyone including the project. The contract has no mint function, so that supply can never be replaced. Total supply started at 36 trillion and can only ever go in one direction from there. Every trade that happens makes the remaining tokens scarcer than they were the moment before.
The Project & Growth Fund covers marketing, promotion, exchange listings and the operating costs of running the project. Its wallet is published below, and every outflow from it is visible on-chain to anyone who cares to look.
On raising the Treasury share. Two percent may be low for a project whose entire purpose is the donation wallet. We are not raising it unilaterally.
The tax is symmetric on purpose — 2% whether you are buying or selling — because the mission should not cost more to join than to leave. If the share is ever increased, it will be put to the holders first, and any change will be announced with the transaction hash that makes it. The contract caps all fees at 15% and that cap cannot be bypassed by anyone, including us.
3. Token details
- Name
- Pay The Debt Coin
- Ticker
- $PTDC
- Network
- Ethereum
- Standard
- ERC-20, 18 decimals
- Total supply
- 36,000,000,000,000
- Mint function
- None — supply is fixed
| Address | Purpose |
|---|---|
0xFCfF1E1c…444E34a3 | $PTDC token contract |
0x83676392…16730a8e | Treasury donation wallet |
0xD092B985…68947EA5 | Project & Growth Fund |
0x00000000…000000dEaD | Burn address |
4. Supply distribution
| Allocation | Share | Tokens |
|---|---|---|
| Treasury · Reserve · Listings · Liquidity | 30% | 10.8T |
| Marketing & Partnerships | 20% | 7.2T |
| Founders | 20% | 7.2T |
| Unallocated (former presale block) | 30% | 10.8T |
Read this before anything else in this section. The table above describes intent. On-chain today, the overwhelming majority of supply still sits in a single project wallet, because the presale was cancelled and no distribution ever took place.
That concentration is the largest risk any buyer of $PTDC faces, and it is larger than anything in the code. We are stating it plainly rather than leaving you to find it on a holder chart. Splitting these allocations into separate, publicly-labelled wallets — so that this table describes reality instead of intent — is a committed step, listed in the roadmap below.
The 30% formerly reserved for the presale was never sold and never promised to anyone. It is uncommitted, and it is the cleanest source for liquidity, exchange listings, community airdrops or a headline burn. We will say publicly which of those it becomes before any of it moves.
5. Deflation
Supply can leave circulation three ways, all of them permanent.
- The 1% sell burn. Automatic, on every sell, for as long as the token trades.
- Burn events. Tokens sent from project wallets to the dead address, each published with its transaction hash.
- Buyback and burn. The contract can spend ETH it holds to buy $PTDC on the open market and send it straight to the dead address — buy pressure and supply removal in one transaction.
A precision point we would rather you hear from us. Tokens sent to the dead
address are permanently unrecoverable, but totalSupply() will still read 36
trillion, because the contract has no function that decrements it. Trackers report burned
balances separately. For that reason we say removed from circulation and never
reduced supply.
6. The donation wallet
The Treasury donation wallet accumulates ETH from the 2% tax. The project does not intend to retain ownership of it. The objective is to transfer custody to a party positioned to deliver it into the U.S. Treasury or the federal Digital Asset Stockpile.
No government entity has agreed to accept these funds. No agency, department or official has endorsed, approved or acknowledged this project. $PTDC is not affiliated with the United States government in any way. The transfer of custody described above is a stated objective and nothing more — it may never happen.
Anyone telling you otherwise, including anyone claiming to represent this project, is misrepresenting it.
7. Contract properties
The token contract has been reviewed line by line and the findings published in full. In summary, the properties that matter most:
| Property | Status |
|---|---|
| Hidden mint function | None — supply permanently fixed |
| Blacklist or holder freeze | None |
| Pause / sell-disable (honeypot) | None |
| Fee cap | Hard-capped at 15%, owner cannot bypass |
| Auto-liquidity LP tokens | Burned to the dead address |
| Owner can change fees and fee wallets | Yes — disclosed centralisation |
$PTDC has not had a formal third-party security audit, and we do not display a badge suggesting otherwise. What exists instead is a published review in plain language, including the defects we found and the things the review does not cover.
Read the full contract review →
8. Roadmap
- Rebuild and community. New site, published contract review, socials resurrected.
- Fee configuration. Set the on-chain tax to the 3%/4% structure in this document, and publish the transaction hash.
- Marketing. Influencer partnerships and paid campaigns, funded by the marketing allocation.
- Liquidity and launch. Deep liquidity on decentralised exchanges, then centralised listings.
- Wallet split. Move allocations into separate publicly-labelled wallets so distribution is visible on-chain.
- Donation wallet custody. Transfer to a party able to deliver it toward the Treasury.
9. Risks
This section is deliberately blunt. If it puts you off, that is a legitimate outcome and you should act on it.
- You can lose everything. Most meme coins go to zero. Only commit money you can afford to lose entirely.
- Supply is concentrated. Project wallets hold the overwhelming majority of tokens. Large sales would move the price sharply.
- There is no audit. The contract has been reviewed, not audited, and no one carries professional liability for what a review might have missed.
- The mission is an objective, not a commitment by anyone else. No government body has agreed to anything.
- The owner retains powers. Fees and fee wallets can be changed within the 15% cap.
- Success depends on attention. Marketing and luck matter far more than engineering, and neither can be guaranteed.
- Liquidity bounds everything. Market capitalisation is not money. What anyone can actually realise is limited by the depth of the trading pool.
10. What this document is not
Nothing here is financial or investment advice. $PTDC is not a security and not a currency. This document contains forward-looking statements resting on assumptions that may not hold, and actual outcomes may differ substantially from anything described. No outcome is guaranteed. Do your own research and make your own decision.
Version 2 · August 2026. This document supersedes the 2025 whitepaper, which described a different tax structure and a presale that was cancelled and has since been formally retired.