Keeper's Share

What it is for

A small part of every fee buys PAGU for one fixed wallet. Those tokens are not burned. They stay in circulation.

How it works

The budget builds up in ETH. One purchase serves both this and Ebb: the hook buys PAGU from the pool once, burns one share and credits the other to a reserve contract.

The reserve can pay one address and no other. Anyone may call its claim function, which sends what has been credited to that address. The address is beside this text, so you can watch it.

The same limits apply as for the burn: a purchase moves the price by about 1% at most, happens only while PAGU is near its recent average, and the rest waits.

Where it stops

The wallet can do what it likes with what it receives, including selling it. Nothing locks those tokens.

Neither the recipient nor the size of this part can be changed. Both are fixed: one in the reserve, the other in the hook's code.