Biontbiont
Pipoke

The POKE Token

$POKE is the native token of Pipoke. Every social action charges a POKE fee, and that fee is the engine behind the burn, the engagement rewards, and the protocol treasury.

Pipoke runs on Octra Devnet today. Any fee, price, or limit referred to here is a contract setting chosen for testing. Every one is owner-settable, and mainnet values will be different. These docs describe how the mechanics work, not what the numbers are.

#Token basics

Property Value
Name Pipoke
Symbol POKE
Standard OCS-01
Decimals six
Total supply one billion POKE

POKE follows the OCS-01 token standard, the same fungible-token shape used across Octra. It has a total supply of one billion POKE and six decimals.

OCS-01 means POKE uses the standard transfer, grant, and pull methods. Pipoke's fee collector charges fees by pulling POKE from your wallet, which is why you grant it an allowance during getting started.

#Mint and the mint lock

POKE is minted by the token owner up to the one billion total supply. The contract carries a one-way lock_mint switch. Once minting is locked it can never be unlocked, and no further POKE can ever be created. After the lock, the supply only moves down, through burns.

This makes the supply ceiling credible: when minting is locked at the full one billion, that is the permanent maximum, and every burned POKE is gone for good.

#The fee model

Every fee-charging social action (post, reply, repost, like, profile change, follow, direct message, group message) routes its fee through PokeFeeCollector, which splits it three ways.

Share Destination Effect
Burn Burned through POKEToken Permanently removes POKE from supply.
Engagement Engagement vault Funds rewards for active accounts.
Treasury Treasury Funds protocol operations. 
action fee  ->  a share is burned
            ->  a share funds engagement rewards
            ->  a share goes to the treasury

The relative size of each share is a contract setting. The burn share means POKE is deflationary against activity: the more the network is used, the more POKE is destroyed. The engagement share recycles fees back to the people who make the feed worth reading, distributed through the engagement rewards system. The treasury share funds the protocol.

#Poke tips are split differently

A poke tip is a direct value transfer to an author, not a protocol fee, so it does not follow the three-way action-fee split. Most of the tip goes to the tipped author, and the remainder goes to the protocol treasury. The split shares are contract settings.

See Posting and the feed for poke tip rules.

#Where POKE comes from

  • The faucet. POKEFaucet drips starter POKE to new users. See getting started.
  • Engagement rewards. Active accounts claim POKE from the engagement vault each period. See engagement rewards.
  • The biont bridge. A user with a bonded biont can convert biont OCT earnings into POKE through PipokeRewardsBridge. See the biont bridge.
PreviousProfiles and SocialNext Engagement Rewards