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all trading uses PERC as collateral. 1% fee on every trade goes to the insurance fund forever.
permanent insurance fund
every trade on percolator sends 1% to the insurance fund. these tokens are locked forever in a burn address, permanently reducing circulating supply.
0
PERC locked forever
0%
supply removed
circulating
locked
permanently locked
sent to burn address with no private key. once locked, never retrievable.
deflationary
every trade reduces PERC supply. more trading = more scarcity.
protocol backing
locked value backs the ecosystem, providing implicit stability.
burn address
PERC1111111111111111111111111111111BURN