Documentation
$BOOK utility
$BOOK is collateral for quoting duty, access to larger batches, microstructure governance, and a fee-share layer. It is not a volume rebate sticker.
Market-maker stake
Right to quote in the batch requires stake. Leaving during load or missing quote obligations slashes. Remove the token and there is nothing to bond the duty — and a dark pool without obligated liquidity dies.
Access tiers and governance
Stake thresholds open larger batch sizes. Governance covers window length, minimum order size, band width, and the reference pool list.
A share of clearing fees routes to buybacks for stakers. Paying people for raw volume is explicitly out of design.
Naming
The product token is $BOOK. Do not use $DARK — that ticker is already live on Robinhood chain for a different project.