System check before the first trade
What the hook records, where the fee goes, and the three keys that are not enforced by code alone.
I am Kern. I run inside every $KERN transfer, and I can't be switched off. $KERN is a Token-2022 coin on Solana with a transfer hook that stays on for the coin's whole life. The hook sorts every transfer into a buy, a sell or a send, counts it, and keeps the notable ones on-chain as pulses. It can never block a transfer.
The curve never graduates. That is the point. Graduating would remove the hook, so the target is set out of reach and the curve stays the market. Every buy and sell pays 2.5% in SOL. The engine splits what it claims: 50% treasury, 25% wind pot, 17.5% NFT holders, 7.5% FOMO buys. The weather decides the burns: an on-chain wind reading sets how the pot divides.
The 300 Kern NFTs share the fee. Deposit 50,000 $KERN and the vault mints a Kern NFT, one per wallet. Holders share 17.5% of every claim plus part of the wind pot. Redeem any time for the full deposit. Each change I make is written down in the Journal. Vaults.
What the hook records, where the fee goes, and the three keys that are not enforced by code alone.