Docs
How PURE works, where the fees go, and what to know before you trade.
How it works
Every coin on PURE is paired with a token: BNB, USDT, a tokenized stock, or any BEP-20 on the list. Coins trade on PancakeSwap and show up on GMGN, DexScreener and every BSC terminal from the first block. Holder rewards are paid in the paired token.
There is no bonding curve. A coin launches with a fixed supply of 1,000,000,000, no owner, no mint, and a starting market cap of about $20,000. The whole supply is placed as a single-sided PancakeSwap V3 position starting at the launch price, so the pool itself is the curve: every buy walks the price up the range. The LP NFT is sent to a locker contract that can only collect fees and has no function to remove liquidity, so it can never be pulled.
A creator can make a first buy in the launch transaction itself, so nobody can buy before them. On the launch form, that first buy is capped at 3% of the supply. The cap covers that one buy only.
Fees
Creators pick a trading fee tier of 1% or 0.25% per buy and sell (the PancakeSwap pool fee). PancakeSwap keeps its protocol share of the pool fee. The rest accrues to the locked LP position and is collected by the splitter contract, which splits it the same way for every coin:
Fees build up in the pool until someone presses Cycle fees on a coin's page (anyone can, and our keeper bot does it automatically). Cycling collects them, sells any token-side fees into the paired token through the same pool, and splits them on chain.
Rewards
Holders. Every few minutes the keeper bot pushes each coin's holder share to its holders in the paired token, pro rata, wherever they bought. Rewards accrue on chain the moment fees are cycled; you can also claim them yourself on the coin page or your Profile at any time. Wallets holding fewer than 1,000 tokens are not tracked (dust).
Traders. The traders' share collects in one vault and is paid out in the same token it was earned in, with no swaps: trade coins paired with BNB and you get BNB, trade coins paired with TSLAB and you get TSLAB. Each week, for every pairing token, the top 250 wallets by volume on coins paired with it, on any terminal, get a share proportional to their volume, published as a Merkle round. You claim all your rounds at once from your Profile. A token's pot under $10 rolls over to the next week. Bots (more than 300 trades in an hour, or more than 100 an hour in 5 or more different hours), wash trading and volume bots aren't eligible; the list is reviewed before each round.
Flagship. The flagship share is swapped into $PURE on PancakeSwap and sent to the burn address, automatically and on chain, with a cap per buy. The buyback vault is a contract no one can withdraw from; until the flagship token launches the share simply accumulates there.
Tickers
Tickers are 1 to 10 letters or numbers, in upper or lower case, and each one can be launched once for free. Case doesn't make a new ticker. Launching a coin with a ticker that already exists costs 0.1 BNB, which goes to the treasury; if that coin hits the 48-hour milestone, the launcher gets the 0.1 BNB back. The original coin is not affected and keeps trading.
Risks
- Coins are highly speculative. Most lose value, and you can lose everything you put in.
- Tokenized stocks are issued by third parties, not by the companies themselves, and those issuers keep powers over their tokens: they can pause transfers or add rules later. If an issuer pauses its stock, trading and rewards for coins paired with it stop until it resumes.
- PURE is not affiliated with, or endorsed by, the companies whose stocks coins are paired with. A coin is not a share and gives no rights in any company.
- The contracts have not had an outside audit yet. Admin settings are held by the team's deployer key and are moving to a multisig.
- When fees are cycled, token-side fees are sold through the coin's own pool. A trader who moves the price just before can take a small part of that swap.
- Prices and stats on this site come from on-chain data and third-party price feeds, and can be delayed or wrong.