Liquid Token
PILE — the externally traded token that produces the protocol's revenue.
PILE is an ordinary ERC-20 by design. It has no transfer tax, no rebasing, no whitelist and no claim on the Stockpile. That ordinariness is deliberate: it makes the token trivially listable and gives venues nothing to work around.
Properties
- Fixed supply, set at genesis with no mint function reachable after deployment
- No transfer hooks, no reflection, no blacklist
- Freely tradable on any venue
- Carries economic exposure to the protocol, not a legal claim on it
Where the fee comes from
The protocol does not tax transfers. The trading fee applies to activity routed through protocol venues, which keeps the token itself clean while still capturing the value of its own volume.