Intro

Learn about the protocol.

LOG is a digital commodity on the Solana blockchain. Built on fair launch principles, it combines competitive chopping mechanics with sustainable tokenomics—no presale, no team allocation, no VC.

Overview

LOG has a hard cap of 3 million tokens. Every single token enters circulation through on-chain chopping, staking rewards, or Lumberlode jackpots. No shortcuts, no premines, no insider deals.

The entire protocol runs through verifiable smart contracts on Solana. Each round, choppers deploy SOL to compete for newly minted LOG. The protocol mints a base emission per round, with 80% going to winning choppers and 20% accumulating in the Lumberlode jackpot. The Lumberjack role earns bonus LOG rewards, creating dynamic competition for yield.

Concept

Bitcoin made mining a probability game—expend electricity, compete for blocks. LOG takes the same idea and adapts it: spend SOL to chop, compete for rewards. Deploy more SOL to a block, and your probability of winning increases proportionally.

Each round, choppers stake SOL on blocks in a 5×5 grid. A random block is revealed as the winner. SOL from losing blocks redistributes to winners. LOG tokens are minted and distributed to those who chose the winning block. Simple mechanics, complex strategy.

Key Features

  • Chopping: Deploy SOL across 25 grid blocks. Winners take the pot plus newly minted LOG.
  • Lumberlode: Dual jackpot (LOG + SOL) that grows each round and hits unpredictably.
  • Lumberjack: Competitive role earning bonus LOG per round, acquired via dutch auction.
  • Watchdog: Counter-role earning SOL when the Lumberjack gets replaced.
  • Predictions: Predict when Lumberlode hits—parimutuel betting on protocol events.
  • Staking: Lock your Seasoned LOG to earn yield from protocol buybacks.
  • Seasoning: The longer you hold chopped LOG, the more redistribution you receive from others' claim fees.
  • Referrals: Earn 1% of your referrals' claimed rewards.