Straight
answers.

A token where a cut of the ETH people spend buying it is used to buy more of it, and the tokens that buy produces are handed to whoever has burned the most.

You call forge() with an amount. That many $ANVIL are destroyed from your wallet immediately — total supply goes down — and a separate contract records that you burned them. Your recorded weight goes up and never comes down again.

No. Nothing. Your balance appears nowhere in the reward calculation.

This is the single most important thing to understand about $ANVIL, and it is the opposite of how most reflection tokens work. If you buy a large bag and never forge, you are a holder of a token and nothing more.

Because you cannot burn what you do not own. Buying is how you get the ammunition; forging is how you turn it into a position. If you never intend to burn any, the honest answer is that this mechanic offers you nothing that any other token does not.

No. There is no unstake, no unwind, no cooldown to wait out and nobody with the power to return them. The tokens are gone from the total supply the moment the transaction confirms. Treat every forge as spending, not depositing.

No. Your weight is not attached to your balance in any way. You can sell everything the minute after you forge and you will still collect your share of every distribution that happens afterwards, indefinitely.

From buyers. A percentage of the ETH going into each buy is held back by the pool's hook instead of reaching the pool. That ETH accumulates, and a call to strike() spends it buying $ANVIL on the open market. Those bought tokens are the rewards. Nothing is minted for them.

$ANVIL — the same token you burned, bought at whatever the market price was at the moment of the strike. It is not an ETH yield and it is not stable. If the price falls, so does what your rewards are worth.

Anyone. There is no permission check on it and no scheduled keeper we operate. The contract pays whoever calls it a slice of the tokens that strike bought, which is the reason someone will. If nobody ever does, the ETH simply keeps accumulating and stays available for the next person who does.

Yes, and this is the one number that genuinely moves against you. Your weight never falls, but your share is your weight divided by everybody's, and that total rises every time anyone forges. Nothing caps how much someone else can burn. Being early buys you a bigger slice while the total is small; it does not protect you from the total growing.

No. Selling is charged nothing. Transferring $ANVIL between wallets is charged nothing. Providing or removing liquidity is charged nothing. The only charge in the whole system is on the ETH going into a buy, and it is capped at 5% by the contract.

No, and there never will be. There is no way to send anybody money for $ANVIL before it is on the open market, and there is no allocation, vesting schedule or unlock cliff to worry about because none was created. Anyone offering you early access is running a scam.

No. No independent security firm has reviewed this code. There is an internal test suite covering the token, the hook, the forge book and a rehearsal against a fork of Ethereum mainnet, but that is our own work and is not a substitute for outside review. If an audit happens, it will be linked here with the firm's name, the scope and the date.

It is not live. There is no contract address, no pool and nothing to buy. When it launches, the address and a link will be on this site — and until then any address, group or sale claiming to be $ANVIL is not us.

Yes. The forge book will not record burns below a set floor, so that it cannot be filled with dust entries that could never earn a payable share. The exact floor is chosen at deployment; the contract refuses to accept any value below 1 $ANVIL.

No. The thresholds and multipliers are passed into the forge book when it is deployed and there is no function of any kind that can alter them afterwards. The same is true of the cut on buys, the caller's tip, the per-strike cap, the slippage bound and the cooldown — all constructor arguments, none with a setter.

Nobody trades it. The pot stays near empty, strikes buy a trivial amount, and the tokens you burned are gone for a share of almost nothing. That outcome requires no bug and no bad actor — only a quiet market.

Beyond that: this is unaudited code handling money, it is a small speculative token, and it can go to zero like any other. Do not forge tokens you would mind losing entirely.

When the contracts are deployed, the source will be published and verified on Etherscan and the addresses will be on this site. Everything described here — the single burn path, the absence of setters, the cut applying only to buys, the caps — is readable directly in that source. Until then, take this site as a description of intent.