The token
Two jobs inside the protocol, a 2% tax on trades, and a fee on every Veil. All three are in the contracts, and so is exactly where the money goes.
A flat fee per side, payable in ETH or in VEIL at a discount. Nobody is forced to touch the token; the product works either way.
Both sides post one. End a Veil early and you forfeit it: half to the side you left, half burned. This needs no arbiter, because whether you ended it before the date is a fact.
Not happening
No governance. Nobody wants to vote on a protocol with forty Veils.
No emissions. Every reward is paid out of real trades and real fees; nothing is ever minted to pay it.
No hold-to-use gate. It throttles the growth we need.
Every trade
Destroyed in the same transaction, so the supply shrinks as volume grows.
Paid in VEIL to every holder, pro rata. It lands in your wallet with your next transfer, or claim it any time.
Sold for ETH in small pieces during sells, never more than 0.3% of the pool at once, straight to the marketing wallet.
Selling 1,000 VEIL costs 20: 8 burned, 4 to holders, 8 to marketing. Set 3 to 4% slippage when you trade.
Every Veil
Buys VEIL on the open market and burns it. Once a day, and it never moves the price more than 1%.
ETH, straight to the marketing wallet.
Buys VEIL on the open market and shares it out to holders.
None of this is a privileged action. Anyone may call distribute() on the splitter and buyback() on either buyback, and watch the money move.
What the code will not do.
Mint more VEIL: there is no function for it. Charge more than 3%: the ceiling is a constant. Tax a bond: honouring a Veil costs nothing extra. Pay holder rewards to the pool, the protocol or the treasury. Once the tax is locked, its rate and split are fixed for good.
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.