The token
$PILLOW
One job: hold at least 1,000,000 $PILLOW and your Pillowbook orders are fee-free.
Launch: Sun 15 Nov, 17:00 UTC on Pons
What it does
Fee-free orders
Pillowbook takes 0.25% of what fills. If the wallet placing an order holds ≥ 1,000,000 $PILLOW at that moment, the order pays no fee. The check happens once, when the order is placed.
Holder discount starts at launch: the contract learns the token address once, after the token exists.
Creator tax
2% on Pons trades
Launched on Pons (PONSLAB) with a 2% creator tax on trades. The order book itself never trades $PILLOW.
What it is not
No yield
No yield is promised. The token does not pay holders. It does not give a share of fees, deposits or the contract. The 0.25% fee goes to a fixed fee address.
Pillowbook contract (where the holder check runs)
posted here when the contract is live
Not audited. See the risks.