Watching it work.

Nothing on this property asks to be believed. Every rule can be checked on the explorer, in the vocabulary of these pages.

The supply

Open the token contract and read totalSupply. It reads 150,000 EBBL on day one and never rises; after the first Ebb it only ever falls or holds, because units that settle in the Silt are gone from circulation for good.

The Shallows

The hook holds the Draw. Its balance is visible like any contract balance: it grows with trading volume and falls only when an Ebb spends it. A balance that grows and never leaves except into buybacks is the fee rule, verified.

The Ebb events

Each settlement emits an event carrying the window’s outflow and what was spent and retired. One event per Ebb, in order, is the Record the Console shows — you can rebuild the entire Record from the event log alone.

The Silt

Watch the supply at any two moments: it can only have held or fallen. Pair that with the settlement events — one per Ebb, each carrying the amount retired and the supply after — and the retirement rule becomes something you can check in a minute, with no trust in anyone.

The fixed rules

The verified source is public. The Draw’s 2%, the window rule, and the supply appear as constants; the absence of mint, pause, and balance-moving functions is readable in the same file. What is not in the source cannot happen.