SUBJECT01
LAPTOP, now on Ethereum.
Paired with sugar.
LAPTOP only exists on Base right now. SUBJECT01 brings it over to Ethereum, and pairs it there with a token that tracks the price of white sugar. Two things, one pool.
Every contract, in one place.
Nine contracts make up SUBJECT01: the token itself, and the bridge system that moves LAPTOP between Base and Ethereum. Addresses go live here the moment each one deploys.
What SUBJECT01 actually tracks.
The benchmark
ICE White Sugar No. 5 is quoted in US dollars per metric ton, with a 50-metric-ton contract size. It's the reference price the international refined sugar trade already runs on, and no token has tracked it before SUBJECT01. SUBJECT01 displays that same benchmark converted to dollars per kilogram.
No physical claim
SUBJECT01 doesn't custody sugar and doesn't hold a futures position. There's no warehouse receipt behind it, only a design goal: track the published benchmark as closely as the mechanism allows.
The bridge
LAPTOP only exists on Base right now. SUBJECT01 locks it there and mints a matching representation on Ethereum, which is what actually sits in the launch pool, not native Base LAPTOP directly.
SUBJECT01, bridged LAPTOP, one pool.
SUBJECT01's earliest liquidity and price discovery happen directly against LAPTOP bridged from Base, not a neutral base asset and not native Base LAPTOP.
LAPTOP is a separate project on Base with its own listing. SUBJECT01 locks it there and mints the bridged representation that actually opens the pool; once LAPTOP launches, the SUBJECT01 / bridged LAPTOP pool becomes SUBJECT01's primary market.
Nothing mints until it's checked.
Moving LAPTOP from Base to Ethereum isn't automatic. A set of independent verifiers has to agree first.
Verifiers check the lock
When LAPTOP is locked on Base, a fixed set of independent verifiers each confirm it happened before anything moves on Ethereum. No single party can approve a transfer alone.
Then it's released here
Once enough verifiers agree, the matching amount becomes available on Ethereum. Anyone can trigger that final step, not just the person who locked it.
Works both ways
Sending LAPTOP back to Base follows the same process in reverse: it's locked here, and the same verifiers confirm it before it's released back on Base.