Slop Cash (SLOP) Token Sale November 5: How to Participate?
2026-10-28
The Slop Cash token sale is officially scheduled to launch on the Umia platform on November 5, 2026, introducing a new open source funding protocol to the Robinhood Chain.
The project aims to solve the AI generated code problem by paying contributors only for work that is merged and accepted on GitHub. By securing a bid in this anticipated auction, participants can acquire SLOP tokens to govern the protocol treasury.
Key Takeaways
- The SLOP token sale runs from November 5 to November 10 on Umia.
- Bids are placed in USDG with a starting valuation under $1 million.
- Public sale tokens are fully liquid at launch with no vesting.
Official Slop Cash (SLOP) Auction Timeline & Schedule
Understanding the auction schedule is crucial for securing an allocation. Here are the key dates and times.
- October 29, 2026: X Spaces preview event at 14:00 UTC.
- November 5, 2026: Pre bidding opens at 17:00 UTC for verified contributors and whitelisted funds.
- November 7, 2026: Public bidding officially opens at 17:00 UTC.
- November 10, 2026: The auction closes at 17:00 UTC.
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What Is Slop Cash? Open Source Funding Infrastructure
Slop Cash is a non custodial funding rail for open source software. AI agents have made it easy to generate massive amounts of code, flooding repositories with unverified pull requests. This protocol uses GitHub as the source of truth.
It pays contributors for work that a human actually accepts. This includes merged pull requests, useful reviews, or confirmed critical security findings.
The platform features a free GitHub application called Slopbot for triage, signed receipts to track which AI models are shipping work, and private security bounties. Rewards are paid in stablecoins or project tokens, never in SLOP itself.
The founding team includes CEO Drew Pierson and CTO Shaw Walters, the creator of the widely used elizaOS AI agent framework.
SLOP Tokenomics & Supply Allocation Breakdown
The total supply is fixed at 100,000,000 tokens. There is no inflation or discretionary minting. Here is the detailed allocation:
At the Token Generation Event, 56,000,000 tokens will be liquid. This includes the auction allocation, contributor tokens, and the protocol owned liquidity pool.
The team allocation features a 12 month cliff followed by a 48 month vesting schedule. The performance reserve unlocks in five tranches tied to sustained price multiples of the auction clearing price.
Step-by-Step Guide: How to Participate in the SLOP Token Sale
Here is the process to participate in the auction:
- Set up an EVM compatible Web3 wallet and connect it to the Umia portal.
- Acquire USDG stablecoins, which is the required bidding currency for the auction.
- Complete zkTLS verification through Reclaim Protocol if you are an early open source contributor seeking pre bid access. Whitelisted funds do not receive a discount and pay the same clearing price.
- Place your bid on the Umia application between November 7 and November 10. Select your bid amount and limit price within the clearing channel of $0.008888 to $0.022 per token.
- Receive your SLOP tokens at the Token Generation Event. Public sale tokens have zero lockup and are fully transferable.
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Audit Status, Legal Structure & Risk Considerations
Investors must review the operational safeguards. The Umia auction and treasury contracts have been audited by Certora. However, the Slop payout contracts are currently only internally reviewed and have not been independently audited.
The project operates under a Cayman SPC legal structure managed by MetaLeX. As an early stage protocol, it is pre revenue at launch.
The token price is subject to market volatility, and reliance on open source adoption presents ongoing execution risks. The target raise for the auction is $400,000.
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Conclusion
The Slop Cash token sale offers a unique opportunity to support a new model for open source funding. With a low starting valuation and immediate liquidity at launch, the auction provides accessible entry for public participants.
Ensure you complete the necessary wallet setup and bidding steps before the November 10 deadline to secure your position.
FAQ
What is the Slop Cash launch date?
The auction opens for public bidding on November 7, 2026, and closes on November 10, 2026.
How to buy SLOP?
You must bid using USDG on the Umia platform during the active auction window. There is no fixed purchase button, as it operates as an auction.
What is the SLOP token price?
Bidding starts at a floor price of $0.008888 per token and caps at $0.022 per token.
When is the SLOP TGE?
The auction closes on November 10, with tokens distributed shortly after and fully liquid for public sale buyers.
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Disclaimer: The content of this article does not constitute financial or investment advice.
