Every coin a bell.
Every trade a toll.
Peal casts each coin as the hook of its own Uniswap v4 pool. It opens at a fixed 1.82 ETH market cap, takes a 0.5–3% toll in ETH on every trade — 80% to the ringer who cast it, 20% to the tower — and the ringer decides, at the cast, where the pool’s position NFT sits. The coin’s page shows that answer live.
opening market cap, a constant (tick 201 254)
coins per bell, minted once, all in the pool
of every toll to the ringer (and their band)
the ring-in: a 20% surcharge falling to 0
One transaction rings the whole round.
The Belfry deploys the Bell at a mined address carrying hook flags 0x20CC. Owner renounced in the same constructor.
Its ETH pool opens at fee 0, spacing 1, on tick 201 254 — 1.82 ETH for the whole billion. No oracle, no signer.
All 1,000,000,000 coins go into ONE position from the opening tick down. Optional clapper ETH sits one doubling above.
Every trade pays the toll in ETH into three tins: ringer, band, tower. Each bearer draws only their own.
Taken in ETH, split three ways, never touched by anyone else.
The ringer sets the toll between 0.5% and 3% at the cast; the house coin $PEAL tolls 1%. It is carved from the ETH side of every buy and sell by the Bell itself and kept as ERC-6909 claims inside the PoolManager. No transfer tax: wallet-to-wallet moves pay nothing.
the wallet that cast the bell; it may name a band wallet that takes any share of these 80
the operator's wallet, the same for every bell
For the first 60 seconds after a cast, every trade pays an extra surcharge on top of the toll: 20% at the cast’s second, falling in a straight line to 0 at 60 s. It makes a sniping bot’s first block expensive. It is booked into the same tins as the toll — so it goes to the ringer, band and tower. We say that plainly because it means a ringer earns from early buyers.
Who holds the pool. Chosen once, shown always.
The whole billion sits in one Uniswap position, and that position is an NFT. Peal does not burn it and does not keep it for itself. At the cast the ringer picks one of three answers, the Belfry records it on-chain, and every bell’s page reads the NFT’s owner live.
The NFT goes to the ringer's wallet. They can add to the position or pull it at any time. A pulled pool means the coin cannot be sold for ETH there. The page says “ringer-held · can be pulled”.
The NFT is minted into the Headstock, which can release it only to the ringer and only after the date. The ringer may extend the date, never shorten it.
The NFT is minted into the Headstock with no release date. No function in any Peal contract can move it again.
On GMGN’s four badges, expect Open Source, NoHoneypot and Renounced to read ✓ and Burnt to read ✗ for every bell — a time lock or a Headstock-forever position is not a burn, and we will not call it one. The clapper ETH position follows the same custody as the main one.
Bells cast so far
reading the belfry…
Peal is run by one operator. The operator’s wallet is the tower: it receives 20% of every toll on every bell and is the only wallet that can cast the house coin $PEAL, once. For $PEAL the tower is also the ringer, so the whole 1% toll on $PEAL goes to the operator. It chooses $PEAL’s custody like any ringer, and $PEAL’s page shows the answer. The operator does not buy through unnamed wallets; any operator buy comes from the tower address below.
Modelled on an existing hook-coin launcher on this chain, changed: fixed ETH opening instead of a signed oracle rate, a ring-in, a 3-tin split, and custody chosen by the ringer instead of a platform wallet.