Pioneer. Elysium — blk —

06 / PIONEER

PIONEER.

Collateral, not a coupon. A Pioneer cannot bid without it, and the only way to hold a claim on the layer's share is to stake it.

Supply—
Held by the liquidity manager—
Bonded by Pioneers—
Staked in the vault—

What the contract can do

Almost nothing.

The supply is minted once, when the contract is created. After that the only things that can change are balances, allowances, and the supply going down.

There is no owner, no minter, no pause, no blacklist, no transfer fee and no upgrade path. The mark you see is drawn inside the contract itself, so it travels with the token rather than living on a server.

Why it goes down

A no-show burns.

When a Pioneer wins a request and fails to deliver, part of its bond is taken. Half compensates the requester it kept waiting. The other half is burnt and never comes back.

That is the only mechanism that changes the supply, and it only fires when someone has let a requester down.

Addresses

PIONEER—
Execution router—
Verification vault—
Liquidity manager—
PIONEER. One execution layer. Multiple environments.