de·base

/dɪˈbeɪs/ verb · debased; debasing; debases

69,000,000,000 DEBASE, fixed. No mint, no emissions, no team allocation.
All of it is in the pools, one against $CHAD and one against ETH, locked with no withdraw function.
Every trade pays a toll: 2% buy, 5% sell. The same on both pools.
The split is frozen: 50% burned, 45% to the $CHAD bonder vault, 5% to depth.
On a sell, 95% of the toll is destroyed.
No wallet is on that table. The creator share is zero.

From de- “down” + base “low, of little worth”, as in a base metal, the opposite of a noble one. The word has spent six hundred years meaning to make something worse while pretending otherwise. Four of its five senses describe things this token cannot do. The fifth is the oldest, and it is the only instruction the contract takes.

Senses: four struck, one standing

To reduce the intrinsic value of a coin by alloying it with base metal.

Nothing is alloyed in. There is no mint function, no admin key that can call one, and no upgrade path to add one later. The supply was fixed at 69 billion in the constructor and the only arithmetic the contract will do to it is subtraction.

See The ledger
To lower in quality, value, or character.

Quality here is frozen, not managed. The rate, the split it divides into and the burn address were written into the launch, and there is no function that can edit any of them. The hook has no tax setter at all, and the call that wrote them reverts if it is ever made twice for the same pool. The locker has no withdraw function either, so the floor is not a policy we maintain. One platform-level lever does exist; it is named in full under Verify rather than left for you to find.

See The toll
To lower in status, dignity, or esteem; to degrade.

It has no authority over you to abuse. No treasury, no multisig, no governance token, no vote that can reach your balance. Nobody can be demoted by a contract that cannot be persuaded.

See Verify
To adulterate; to mix with something inferior.

Two pools, one price. A $CHAD pool and an ETH pool, taxed identically, with the ETH side quoted off the $CHAD side at launch so the two open at one valuation instead of two. Nothing is diluted into the mix and there is nothing free to arbitrage. The $CHAD pool is two-sided and bids all the way down; the ETH pool opened as supply only, so below the opening price the bid is on the $CHAD side and a sale routes there.

See The toll
Archaic: to bring down; to lower physically.

This one still applies, and it is the whole design. Every trade feeds a fire that buys DEBASE off the market and destroys it. The supply is brought down, block by block, by the act of trading it, and there is no function anywhere that can raise it again.

Still true · the only sense the contract implements

Trade on ChadPad Bond $CHAD

the ledger only runs one way

Supply remaining · burning from the first trade

69,000,000,000

Burned so far: 0
Minted since launch: 0
Market cap: —
Cost of a trade: 2% / 5%

what the toll is spent on

Sink	What it does	Share
the fire	Spent buying DEBASE off the market and sending it to an address nobody holds the keys to. On a buy, this is the toll turning your own purchase into a smaller supply.	50%
the vault	Paid to the shared $CHAD bonder vault. Bond there and you earn from this token and from every other launch pointed at the same vault.	45%
depth	Added to the pool itself. The one slice that grows the venue instead of shrinking the supply. Without it a fixed position thins against the token as the price climbs.	5%

Nobody’s wallet is on this table. There is no creator row because there is no creator take. The creator share was set to zero at launch and frozen there, and the LP fee a creator would normally collect is routed back through this same table. It is the same split on both pools, frozen into the launch, and nobody can change it. There is no setter for the rate or the split anywhere in the hook, and the call that writes them reverts if it is ever made twice for the same pool.

On a sell, 95% of the toll is destroyed. The toll is taken from what you put in, so selling pays it in DEBASE: the 50% goes straight to the fire, and the vault’s 45% arrives as DEBASE too, and it burns that in full, every time, by a function anyone can call. Only the 5% that becomes depth survives. On a buy the 50% still buys DEBASE and destroys it; the vault’s share arrives as the other side of the pair and becomes bonder income and permanent depth instead.

The pool charges its own 1% on top of the toll, on every swap, and it is fixed the same way: the fee is part of the pool’s key, and the hook refuses any pool that carries a different one. It runs the same course. The DEBASE side of it is burned; the paired side goes to the vault, less a 20% platform skim (10% treasury, 10% developer). It is the one cut on this page that does not land in a sink above, named here so you do not have to find it.

One platform-level exception exists and is listed with the addresses under Verify, where you can check it yourself rather than take this page’s word for it.

stand on the mountain

Nearly half of every toll goes to a vault the whole platform shares. Bond $CHAD there and you are not betting on this one token staying interesting. You hold a single claim on the fee flow of every launch pointed at the same vault, this one included.

Bonded: —
In flight: —
Your rate: 1.0× → 5.0×

Nothing is locked: unbond any amount, any moment, paid in full on the way out
Staying is the whole edge: the rate is earned by time served, and resets if you leave
Reinvesting costs nothing: compounded rewards keep the start date they were earned under

Open the vault

take our word for none of it

DEBASE token: 0xdebA5eB570d0b7FF07c3d8c0d3692F95cF38262E
$CHAD bonder vault: 0x4637ab771e30C0Ad922dC37a8F6d7795F423f7bE
Burn address: 0x000000000000000000000000000000000000dEaD
Trade it: base.chadpad.basedchad.com
Platform governance take: 0%. The ChadPad hook can divert up to 50% of the $CHAD and ETH side of the tax to the protocol before the split above runs. It applies to every launch on the platform, it cannot raise what a trader pays, and it has never been set to anything but zero on any chain. Read it yourself: governanceTreasuryBps and governanceDeveloperBps.

Every sentence on this page is a function you can call. The split, the burn address, the locked positions and the vault's books are all readable without asking anyone. The claim that matters most, that nobody can make more of it, is the absence of a function rather than the presence of a policy.