The Flywheel

Every fee the reserve earns has exactly one exit: market-buy $PAR and burn it. No withdraw function exists. Anyone can turn the crank — visiting this page just did.

—

$PAR bought & burned

fees queued for the next feed

dollars generating fees

The wheel is armed but not yet firing — $PAR hasn't launched. Every fee accumulates safely here and gets spent on $PAR the moment it exists.

step 1

Stable created

0.0001 ETH → wheel

step 2

Stable redeemed

0.30% → wheel

step 3

Pool trades

½ of LP fees → wheel

step 4

feed()

buys $PAR → burn address

Queued fees

Creation fees (ETH): —
On the flywheel (ETH): —

Contracts: Flywheel · StableFactory — every number on this page is verifiable on-chain.

The ledger

sweeps & burns, live from chain events

No sweeps yet — the ledger starts printing with the first fee.