WHITEPAPER · 2026-09-23

One $INTERN. Multiple hats.

This document describes what $INTERN actually does today, what's real vs. still in design, and where it's headed — written to be checked, not taken on faith. Every claim below either links to a live page you can use right now, or is explicitly marked as not live yet. Nothing here is investment, financial, or legal advice.

THESIS

An intern is never just one thing

The future of work runs on agents, not headcount. $INTERN is built the same way a real intern is useful — across whatever job needs doing, not locked to one — and every job it does spends $INTERN, which either burns supply directly or streams real value (BE, and now real stock tokens) back to the people staking it.

Fixed supply, 1,000,000,000 $INTERN, no mint function, ever. The token only ever gets scarcer as the utility gets used — that's the entire deflationary mechanism, and it doesn't depend on anyone believing a narrative, since the burned balance is a real number anyone can read off the dead address.

LIVE TODAY

What's actually running, right now

Every item here is deployed and usable today — not a mockup, not a roadmap bullet wearing a "live" badge it hasn't earned.

Autonomous burn engine

LIVE

Blaze claims creator fees off the $INTERN/ETH pool on a daily schedule and splits them 70/20/10 — no deploy step, no user action.

Staking asset

LIVE

Stake $INTERN, earn a time-weighted, pro-rata share of BE from every creator fee claim. Non-custodial — the contract only ever holds your $INTERN while staked, and only pays out BE it has actually received.

Choose your reward

LIVE

Convert claimed BE into real, tokenized TSLA, NVDA, or SPCX — one approval, one swap, straight to your wallet, via a real Uniswap V3 route with real slippage protection.

Roster Call

LIVE

The community pitches new intern personas through a real form, backed by a real database. Treasury reviews submissions and pays chosen ideas in $INTERN by hand.

Digital personas

LIVE

Rendo (text, gated by stake tier) and video generation across all four personas (burn-based) are both live today.

Inference credits

TOP-UP LIVE

Burn $INTERN at the live price for an instant, spend-capped OpenRouter key — usable on Claude, GPT, Gemini, and hundreds of other models.

MECHANICS

Where the money actually goes

Every real trade on Pons pays a 2% fee (1% base pool fee + 1% creator tax). Once claimed, that ETH splits three ways:

Buy-and-burn70%
Streamed to staked $INTERN, as BE20%
Treasury10%

If nobody is staked in a given cycle, the 20% distribution share folds into burn instead of sitting idle — checked fresh every cycle, so it reverts to the normal three-way split automatically the moment anyone stakes. See tokenomics for the full breakdown and docs for the exact contract addresses.

ROADMAP

Now, next, exploring

Three honest buckets instead of one long list that doesn't distinguish "shipping this week" from "an idea worth having." Nothing in Next or Exploring has a date attached — dates get added only once something is actually being built.

NOW

  • Burn engine running on its real daily schedule
  • Staking distributing real BE as fees accrue
  • Choose your reward: BE → TSLA / NVDA / SPCX
  • Roster Call accepting real community submissions

NEXT

  • Choose your reward, Phase 2 — open the target-asset list to any token with real onchain liquidity, not just an owner-curated three
  • A standing reward preference, so future claims land pre-converted instead of a manual step every time
  • Independent professional security review of InternStakingRewards and InternRewardsRouter
  • Shared, multi-approval control over both contracts' admin functions, instead of one wallet holding that access alone
  • Cache, the Yield & Borrow Intern — deposit USDG for real yield, or post a tokenized stock as collateral to borrow against it

EXPLORING

  • Tiered loyalty bonus on top of the core staking distribution (code exists, deliberately not deployed — see Security below)
  • Resource-sharing rewards for holders contributing resources they aren't using
  • Custom intern builds: launch your own $INTERN-powered agent for a burn fee plus a staking minimum
  • Staked premium intern templates

Full status grid, including everything still IN DESIGN or PLANNED, on the roadmap page.

SECURITY

Built carefully, still growing up

Every contract is unit-tested and reviewed in-house, including an automated security pass with zero findings on the router. An independent audit is next — real value already moves through these contracts, so verify the source yourself on Blockscout and stake what you're comfortable with, same as any young protocol.

Admin controls sit with one wallet for now, moving to shared control soon. Perky, our loyalty bonus, is built and in final review before it goes live.

VERIFY IT YOURSELF

Every address, every contract, every live number on this page is checkable right now — that's the actual pitch, not a slogan.