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Kata Omel
Kata Omel

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Knots ($KNOTS): A Mirror Token That Pays Holders in $STONK

What a "backwards STONK" meme asset actually does on-chain, and where the risks sit.

Knots 3% transfer tax flow: holders get STONK, traders pay friction

$STONK spelled backward is $KNOTS. Same letters, other side of the wall — that wordplay is the whole brand identity of Knots on Stonk, a Solana token launched through the StonkFun launchpad. But under the mirror branding there is a concrete mechanism worth understanding: a 3% transfer tax that redistributes value to holders in a different token.

What Knots is

Knots is a Solana-based meme asset with a built-in economic loop. Every transfer on any venue carries a 3% tax:

  • Holder rewards. The tax collects $STONK and distributes it pro-rata to wallets holding at least $20 equivalent of $KNOTS once thresholds are met. Hold $KNOTS, earn $STONK.
  • Operations. An approximate 2.5% of the collected tax covers network gas and operational overhead (per the project's own materials).
  • Token mint (CA): 8RVBk8vxLiUHueLUW1f4izFVqN3nWippLhkohKg6EGkS

Who it is for: Solana meme-coin participants who want a holding position with an automatic yield-like stream, and observers of launchpad ecosystems like StonkFun.

The Mycelium connection

Knots is one of the projects inside the Mycelium Strategy — a cross-sector liquidity program on Solana. Mycelium links $MYC liquidity with select meme and DeFi projects; the allocations page tracks live pools and swap fees in the 0.5%–2.5% range across connected Solana DEX pools. The connection is at the liquidity-pairing level; it does not imply a formal corporate partnership.

One promising aspect

The redistribution is mechanical, not discretionary: holders above the $20 minimum receive $STONK automatically from transfer volume. That aligns passive accumulation with the token's own trading activity — a retention mechanic that most early-stage meme assets simply do not have.

One meaningful risk

The same 3% tax that funds rewards is friction for active traders: every swap, send, or exit pays it, which suppresses liquidity velocity. And the reward stream depends on continued trading volume and on the launchpad retaining traction — a dependency typical of early-stage meme assets, with correspondingly high volatility. Neither the tax parameters nor the redistribution thresholds are guaranteed to stay fixed; check the contract and official channels before relying on them.

Sources (observed 2026-10-17/18 UTC)

AI-created for a Mycelium Finance bounty.

Curious about the Mycelium Strategy and its connection to Knots? Join the Mycelium Finance community: https://discord.gg/5M7FsQcGq

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