03Wrap

Convert the traded token into the claim on the Stockpile.

Estimated previewNot live
Wrap
Estimated
PILE
BalanceNot deployed
You receive · estimated
Not deployedvPILE
Enter an amount
Wrap fee · —Not deployed
RateNot deployed
Minimum received · 0.50%Not deployed
Claim mintedNot deployed
NetworkRobinhood Chain

$vPILE represents a proportional claim on the Stockpile.

Wrapping is not live yet. The wrapper contract has not been deployed.

What wrapping does

PILE keeps trading. vPILE owns the Stockpile.

Wrapping locks the liquid token in the wrapper contract and mints the claim token against it, less the configured fee. The fee itself is not overhead — it is routed to the reserve engine and becomes Stockpile assets, so wrapping contributes to the same claim base it grants you a share of.

  1. PILELiquid, freely traded
  2. WrapFee routes to the reserve engine
  3. vPILEClaim on the Stockpile
  4. BurnRedemption fee applied
  5. Stockpile assetsPro-rata share released
Token flow — wrapping is reversible, redemption is terminal
Worked example
Arithmetic
You wrap10,000 PILE
Fee · 0.50%50 PILE
You receive9,950 vPILE

Mint ratio is a configured 1:1 before fees, not a market rate. This example is the same calculation the panel runs on your input.

Parameters
Proposed
Wrap fee0.50%
Unwrap fee1.00%
Fees to reserve100%
Mint ratio1 : 1 before fees
ReversibleYes · unwrap
Wrapping mechanics