Veilly

The rites

How the parlour works.

Summon it veiled. Unveil it when they come. Eight steps, in words. The figures that set them are constants in verified source, which is where they should be read.

Summon a spirit
  1. 1

    You seal a face

    A face is a name, a ticker, a picture, a few words and a link. Your wallet, a secret your browser makes up and the whole face are hashed into one veil. The parlour will record that hash and nothing else about the face. Anyone watching the chain sees a spirit was summoned; nobody can read what it is called.

  2. 2

    You summon, once

    One transaction does everything. The whole supply is minted at the summoning as Veiled Spirit, with a number for a name. The pool opens against ETH on Uniswap v4 with the hush in its key and no other fee, and the shrine goes in as one position between the summon price and the ascend price. The parlour owns that position and has no function to remove it: not you, not us, not the contract itself. Trading opens at once.

  3. 3

    You choose the hands and the patience

    At the summoning you say how many hands should lift the veil, from one to a hundred, and how long you are willing to wait, from an hour to seven days. A hand is a wallet that buys the spirit through the seance; each wallet counts once, however many times it buys. The veil lifts when the hands are reached or the patience runs out, whichever comes first.

  4. 4

    The spirit trades veiled

    While veiled, the spirit is a token with a number for a name and an open pool. Anyone can buy it and sell it through the seance or any other router. Buying walks the price up and leaves the ETH in the shrine; selling walks it back down and takes ETH out. The first thirteen hands to touch it are recorded as the circle, in the order they came, and a seat in the circle is for keeps.

  5. 5

    You lift the veil

    When the veil lifts, the same wallet that summoned shows the face and the secret. The parlour hashes them again and checks the result against the veil it recorded; if they match, the spirit takes its name, ticker, picture, words and link, and the token itself is renamed. Nobody else can do this, and nothing in the face can be changed from what was sealed.

  6. 6

    Or the veil stays

    The secret lives in the browser that summoned, and in whatever backup you copied. If both are lost, the veil cannot be lifted by anyone, and the spirit trades veiled for good. The parlour has no owner, no override, and no way to help.

  7. 7

    The spirit rises

    The shrine holds a set share of the supply between two prices. When buyers have taken every spirit it held, the price is at ascend and cannot go higher: the spirit has ascended. Sells still work, and the price comes back down the same way it went up. How far a spirit has risen is read off its pool and drawn as a ring.

  8. 8

    Every trade pays the hush

    The hook takes a small share of the ETH side of each trade, in ETH, whichever router carries it: out of the ETH a buyer pays in, out of the ETH a seller gets out. It is held in the hook and exhaled to the keeper. The seance on this site exhales after every trade; anyone may call exhale at any time.

Plainly

What can the summoner change after summoning?
Nothing. The face is sealed in the veil; it can only be shown, exactly as it was sealed. The hands and the patience are set at the summoning and recorded on chain.
What can anyone change, ever?
Nothing. The contracts have no owner, no setter, no pause and no upgrade. Every term is a constant in verified source.
Can the shrine be withdrawn?
No. The parlour owns the position and has no function to remove it. The hook refuses any removal of liquidity from a pool it keys.
Who gets the hush?
The keeper, a wallet named once in the hook at deployment. The address is under the Seal.
Does buying through another router count as a hand?
No. Hands are counted by the hook from trades the seance carries, because that is the only router that tells the hook who the buyer was. Trades from other routers still pay the hush and still move the price.
What does the seance charge?
Nothing of its own. It carries the trade, quotes it first, and exhales the hush after.