Donut

What Is $DONUT? $DONUT is a store-of-value token on Base, mined through a continuous Dutch auction instead of proof-of-work or staking. Auction revenue increases $DONUT's liquidity and scarcity. How Mining Works Only one active miner at a time, called the King Glazer. The right to mine is bought with ETH through a continuous Dutch auction: Price doubles after each purchase Then decays to 0 over one hour Anyone can purchase control of emissions at the current price Fee Split 80% → previous King Glazer 15% → treasury (Blazery) 5% → provider (frontend host) Emission Schedule Starts at 4 DONUT / sec Halving every 30 days Tail emission: 0.01 DONUT / sec (forever) ~1.2M premined for community incentives, longterm treasury holding Proof of Just-In-Time Stake ETH is "staked" only while controlling emissions Profit if the next purchase pays more Lose if it pays less Earn $DONUT the entire time you hold control Treasury Treasury ETH is used to buy and burn DONUT-WETH LP in the Blazery. Once sufficient liquidity is established, the Glazery can be upgraded to buy and burn DONUT directly, or governance can decide to acquire other assets or reinvest the treasury. Builder Codes Anyone can host their own Donut Shop by deploying a frontend. Add your builder code to earn 5% of all purchases made through your shop.