Meme RewardsBuilt on Bitcoin

Welcome to Welsh Street — a nod to Wall Street, rebuilt for WELSH, the first dog coin deployed on Bitcoin through Stacks.

Welsh Street introduces a purpose-built meme rewards system. Users provide WELSH and STREET to a liquidity pool and receive CREDIT, a tradable liquidity token representing their share of the market. Holding CREDIT receives STREET rewards and trading fees, activating WELSH within a Bitcoin-native DeFi exchange.

STREET emissions create continuous market participation. Holders can retain STREET, deploy it in new pools, or exchange it for WELSH within the market. This recurring interaction between fixed-supply WELSH and emission-based STREET forms the economic mechanics of the Welsh ecosystem — powered by meme rewards.

Most meme coins retain token reserves for liquidity mining and incentives. WELSH was built differently. Its entire supply is in circulation, with no treasury allocation, no ongoing emissions, and no centralized mint authority. The monetary policy is fixed and immutable.

That structure preserves scarcity — but it also introduces a challenge. Without new token issuance, there is no native incentive mechanism to attract and sustain liquidity providers. This tension between fixed supply and market incentives is what we call the Community Coin Paradox.

WELSH’s supply cannot change. Welsh Street builds the incentive layer around it.

As the minting of more WELSH is impossible, the exchange introduces a separate rewards asset: STREET. STREET is emitted into a rewards contract and distributed exclusively to WELSH / STREET liquidity providers.

When users provide liquidity to the WELSH / STREET pool, they receive CREDIT — a transferable liquidity token representing their proportional share of the market. Holding CREDIT enables users to claim STREET emissions.

No lock-ups. No staking contracts. No liquidity withdrawal required to claim rewards. STREET emissions are allocated to CREDIT holders every Bitcoin block, creating a recurring incentive layer while preserving WELSH's fixed supply.

The Welsh Street rewards model introduces a new market dynamic built specifically for WELSH. Economic activity on the exchange follows a simple cycle:

• Swap: Trade between WELSH and STREET on the custom DEX
• Provide: Add liquidity to receive CREDIT and participate in rewards
• Claim: Claim WELSH and STREET rewards at any time — no lock-ups and no liquidity withdrawal required
• Build: Reallocate STREET into WELSH or mint additional CREDIT

STREET emissions introduce recurring participation. As liquidity providers claim and redeploy rewards, ongoing swaps generate trading volume and fee activity within the WELSH / STREET market.

The interaction between fixed-supply WELSH and emission-based STREET creates a recurring liquidity cycle — the Meme Rewards protocol powering the WELSH ecosystem.

Welsh Street tokenomics are designed with community participation as the number one and only priority. The initial STREET distribution emphasizes liquidity, and community distribution. The protocol operates with no treasury, no reserves, no insiders, no revenue extraction, and zero developer allocation. True decentralization, just like WELSH.

The initial STREET distribution is split between two key components:

Genesis NFT Event - 3,000,000,000 STREET
Genesis establishes the initial market structure of the exchange. Early participants provide WELSH to pair against newly minted STREET, forming the foundation of the WELSH / STREET liquidity pool.

Initial Liquidity - 2,000,000,000
A portion of STREET is paired with WELSH to seed initial liquidity. The liquidity pool activates at the same time as the Genesis NFT event, ensuring that early participants can immediately provide liquidity and receive rewards.

A quick reminder: Welsh Street is not traditional finance. WELSH and STREET operate within Bitcoin-native DeFi, where markets are volatile and risks are real. Smart contracts can fail. Wallets can be compromised. Impermanent loss exists. Participation always carries the possibility of significant loss.

Providing liquidity requires thoughtful risk management. Market conditions change quickly, and no strategy guarantees returns. Allocation size, time horizon, and market behavior all influence outcomes. Only participate with capital you are prepared to lose.

Welsh Street is designed to be an innovative and engaging meme rewards experience, but risk should never be overlooked. Please review the full Risk Disclaimer and Terms of Service before using the Welsh Street Exchange or interacting with any associated tokens.

Welsh Street is a Bitcoin-native DeFi exchange built for WELSH — where meme culture meets structured liquidity participation. Whether you're here to engage with the community, explore the Meme Rewards protocol, or interact with the autonomous market mechanics, Welsh Street offers new experience in meme tokenomics.

Read the documentation. Launch the app. Connect your wallet. Acquire WELSH. Swap for STREET. Provide liquidity and receive CREDIT. Participate in the Meme Rewards protocol and become part of the Welsh Street economy.

We Welsh