veil

The token

What $VEIL is, and where every fee goes.

VEIL trades on Pons, paired with ETH. The creator fees it earns go to a contract that buys VEIL for holders every four hours. Where the money goes is in the contracts, and every round is on-chain.

CA 0x0e4427ca5eC8E26981F78577c5BdC9Ee941cDF33

Token on the explorer The fee router, verified source

Every trade

The creator fees, split in two.

40

Holders

Spent buying VEIL on the open market. All of it is paid out to every wallet holding at least 100,000 VEIL, pro rata.

60

Marketing

ETH, straight to the marketing wallet, to bring in the next buyers.

The split is set in the router, and changing it takes 48 hours' public notice on-chain, so holders see any change coming before it can happen.

Every deal pays a flat fee

0.005 ETH per deal, paid by the client, sent to the marketing wallet. More deals means more marketing, and more marketing means more trades on VEIL.

Holding is the only requirement

No staking, no claiming, no lockup. Hold 100,000 VEIL in a wallet and your share arrives every four hours.

Not happening

No governance. Nobody needs to vote to hire a designer.
No emissions. Every reward is VEIL bought with real fees; nothing is ever minted to pay it.
No hold-to-use gate. Anyone can hire or be hired without owning the token.

Every four hours

Holder rewards.
Bought, then paid.

The creator fees VEIL earns go to a contract, not a wallet. Every four hours it claims them, sends 60% to marketing as ETH, and buys VEIL on the market with the other 40%. That VEIL is then paid out to holders, in proportion to what they hold.

Reading the router…
  1. Hold at least 100,000 VEIL in a wallet. Contracts and pools are left out, so the pool never earns from itself.
  2. What counts is the lower of this round and the last. Buying just before a round and selling right after earns nothing.
  3. Every round is published in full. The list of who got what is hashed on-chain, so anyone can check it.
  4. Nobody can take the holders share. The only way VEIL leaves the router is the payout to holders.

On timing, plainly.

The token is worth nothing without Veils flowing through the protocol. The buyback is a credibility mechanism long before it is ever a price mechanism, and anyone who tells you otherwise is selling you something.