> For the complete documentation index, see [llms.txt](https://docs.pinto.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.pinto.money/responding-to-state/flood.md).

# Flood

*This is a concise specification of the Flood. For a deep dive into the Flood's design and mechanics, see* [*The Flood: Biblical Returns to prevent Pump and Dumps.*](/pinto-mechanics/silo-the-perfect-complement-to-credit/the-flood-biblical-returns-to-prevent-pump-and-dumps.md)

The Pinto protocol sells newly minted Pinto on the open market during long run increases in demand for Pinto when [increasing the Pinto supply](/responding-to-state/classifying-state.md#bean-supply), [lowering the Maximum Temperature](/responding-to-state/temperature-changes.md) and [lowering the Crop Ratio](/responding-to-state/crop-ratio-changes.md) have not crossed the Pinto price over its value target.

At the beginning of a [Season](/resources/glossary.md#season) where TWA∆P > 0 and [Pod Rate](/responding-to-state/classifying-state.md#debt-level) < 3% (Excessively Low), it is Raining. At the beginning of a Season in which it Rains, the [Crop Ratio](/responding-to-state/crop-ratio-changes.md) is set to 33.33%. If at the beginning of a Season it continues to [Rain](/resources/glossary.md#rain) and the cumulative ∆P > 0, it Floods.

At the beginning of a Season during a Flood, the protocol mints additional Pinto and sells them directly in pools on the [Flood Whitelist](/responding-to-state/flood.md#current-flood-whitelist) with the highest Pinto price at the end of the previous Season until the [liquidity weighted](/resources/glossary.md#liquidity-weight) price is $1.&#x20;

At the beginning of each Season in which it Floods, up to 0.1% of the Pinto supply worth of [Pods](/resources/glossary.md#pods) that grew from Pinto Sown before it began to Rain become [Harvestable](/resources/glossary.md#harvestable-pods).

In total, during a [gm](/resources/glossary.md#gm) call in which it Floods, the following Pinto are minted:

1. Cumulative ∆P at the end of the previous Season, which are minted and sold directly in pools on the Flood Whitelist;
2. Up to 0.1% of the Pinto supply worth of Pods;
3. TWA∆P per the [target maintenance mechanism](/responding-to-state/classifying-state.md) (as with non-Flood gm calls); and
4. The gm reward (as with non-Flood gm calls).

Proceeds from the sale are distributed to [Stalkholders](/resources/glossary.md#stalkholders) at the beginning of Season in proportion to their Stalk holdings when it began to Rain (i.e., [**Stalk**](/resources/glossary.md#stalk) **minted after it began to Rain does not contribute towards ownership of the Flood proceeds**).&#x20;

#### **Current Flood Whitelist**

<table><thead><tr><th width="269">Name</th><th>Base Address</th></tr></thead><tbody><tr><td><a href="https://pinto.exchange/#/wells/8453/0x3e11001cfbb6de5737327c59e10afab47b82b5d3">PINTO:WETH Well</a></td><td><a href="https://basescan.org/address/0x3e11001CfbB6dE5737327c59E10afAB47B82B5d3">0x3e11001CfbB6dE5737327c59E10afAB47B82B5d3</a></td></tr><tr><td><a href="https://pinto.exchange/#/wells/8453/0x3e111115a82df6190e36adf0d552880663a4dbf1">PINTO:cbETH Well</a></td><td><a href="https://basescan.org/address/0x3e111115A82dF6190e36ADf0d552880663A4dBF1">0x3e111115A82dF6190e36ADf0d552880663A4dBF1</a></td></tr><tr><td><a href="https://pinto.exchange/#/wells/8453/0x3e11226fe3d85142b734abce6e58918d5828d1b4">PINTO:cbBTC Well</a></td><td><a href="https://basescan.org/address/0x3e11226fe3d85142B734ABCe6e58918d5828d1b4">0x3e11226fe3d85142B734ABCe6e58918d5828d1b4</a></td></tr><tr><td><a href="https://pinto.exchange/#/wells/8453/0x3e1133ac082716ddc3114bbefeed8b1731ea9cb1">PINTO:USDC Well</a></td><td><a href="https://basescan.org/address/0x3e1133aC082716DDC3114bbEFEeD8B1731eA9cb1">0x3e1133aC082716DDC3114bbEFEeD8B1731eA9cb1</a></td></tr><tr><td><a href="https://pinto.exchange/#/wells/8453/0x3e11444c7650234c748d743d8d374fce2ee5e6c9">PINTO:WSOL Well</a></td><td><a href="https://basescan.org/address/0x3e11444c7650234c748D743D8d374fcE2eE5E6C9">0x3e11444c7650234c748D743D8d374fcE2eE5E6C9</a></td></tr></tbody></table>