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Token and fees
What $PAI does, where fees go, and which parameters are still proposals.
$PAI launches on Pons, the launchpad on Robinhood Chain. The address will be posted on this site and nowhere else first. Until then, any token claiming to be $PAI is not.
Roles
Buyback and burn. Each paid order sends a protocol fee, in the asset it was paid in, to the pAI treasury: 0.50 % at deploy, never more than 2 % (a cap written in the contract). The treasury uses it to buy $PAI on the market and burn it. More orders settled means more $PAI removed from supply.
Prover stake. Heavy proofs (schema, test suites) can be delegated to provers. A prover stakes $PAI to register. Its stake caps the volume of orders it can serve at once.
Slashing. A prover that relays an invalid attestation, or withholds a proof it was paid to produce until the order expires, loses part of its stake. The slashed amount goes to the party that was harmed.
Proposed parameters
| Parameter | Proposal |
|---|---|
| Protocol fee | 0.50 % of each paid order, hard cap 2 % in the contract, fixed per order at open |
| Fee use | 100 % to buyback and burn, through the treasury |
| Prover minimum stake | set at prover launch |
| Slash on invalid attestation | a fixed share of stake, to the harmed party |
These are design proposals. Final values are written into the contracts at deploy and published on this page.