Questions people ask

NEAR is a blockchain, a shared record no single company controls. Testnet is its practice version, where nothing costs or is worth real money. A DAO decides by voting on a blockchain. Any DAO, with any approval rule, can govern a Wörgl token. The demo uses a small one with three members, where two must agree.

It was built for the memecoin track of NEAR HACKATHON, but it is not for speculating. There is no price and no way to buy coins. The meme is the idea: money that expires.

Because the loss is small and goes back to the community. If holding costs a little, a coin is more useful spent than kept. It suits budgets, grants and event credits, which are meant to be used.

The governor, which is chosen at deployment and is usually a DAO. The contract enforces a cap of 10% of the pot per day, whatever the governor decides. The governor cannot touch anyone's balance or change the melt.

Yes. The Max button uses a separate contract call, transfer_all. A balance melts every second, so a typed amount could be a little too large by the time it lands. transfer_all moves every share you hold, so you end at exactly zero and nothing is left behind. The page shows the amount the transaction reports. The receiver must be registered, and you cannot send to yourself.

Yes. Send them to the token account itself (worgl-token.testnet), with Send or Max. Those coins are removed from your balance and the treasury grows by the same amount. A grant that was not needed can go back this way. It does not raise today's payout cap until the next UTC day.

For testing on testnet, so visitors can try Wörgl without asking anyone for coins. A real DAO would not have an open claim. It would pay members through proposals its governor approves.

A little. Accounts are free, so one person can claim many times. The faucet has no limit of its own and is separate from payouts. It exists only for testing and would not be in a real deployment. That is one more reason a real deployment would pay out through the DAO.

This copy melts fast on purpose. It stays accurate for about 4.5 months. After that, large payouts fail, then claims stop, and finally every balance reads zero. The numbers page shows the exact dates. At the real rate of 1% a month it lasts for centuries.