Holding and trading.

Holding asks nothing of you. Trading feeds the mechanism. Both are stated here exactly as the contract sees them.

Holding

EBBL is an ordinary token on Ethereum. It sits in any Ethereum wallet, and every rule runs inside the market itself. There is nothing to stake, nothing to register, and nothing to maintain. A holder’s balance is answerable to the holder alone — no function in the contract can move it.

Trading

EBBL trades in one place: a market on Uniswap v4, on Ethereum, where EBBL trades against ETH. One market is a design decision, not a limitation — it is what makes the reading honest. The steps of any trade:

1. You swap ETH for EBBL, or EBBL for ETH, in the pool.
2. The hook on the pool takes the Draw: 2% of the trade, which stays in the Shallows.
3. The hook adds the trade’s size to the window’s running reading — buys on one side, sells on the other.

What settles

Nothing settles per trade. Settlement happens per window: when the window closes, the hook reads its own tally. Net inflow, and the Draw keeps gathering. Net outflow, and an Ebb settles — the gathered Draw buys EBBL from the market and the bought units settle in the Silt. The contract address row for the market lives in the Console; the slot for it is part of every page of this property and fills the moment the address is real.