Official Docs
Everything you need to know about the Pickaxe protocol.
Introduction
Welcome to the official documentation for $PICKAXE, the apex reward-mining entity operating on the BESC Hyperchain.
Unlike traditional yield farming or staking protocols that dilute their own supply to pay users, $PICKAXE operates on a fundamentally different paradigm. We do not inflate. We extract. By participating in the $PICKAXE ecosystem, you are securing a perpetual share of the trading volume, paid out in hardened ecosystem assets.
Core Mechanics
The system is driven by a frictionless, fully automated tax protocol built into the core smart contract.
- 5% Tax on Buys: Automatically collected and sent to the Reward Vault.
- 5% Tax on Sells: Automatically collected and sent to the Reward Vault.
- Liquidity: Burned upon launch to guarantee absolute floor security.
The Reward Vault
The Reward Vault is the decentralized treasury that accumulates the collected taxes. Periodically, these accumulated funds are swapped on BESCSwap into the 5 designated reward assets and airdropped precisely to holders based on their $PICKAXE weight.
Fixed Yield (80%)
20% FUST
20% WAGMI
20% wBTCW
20% wBESC
Custom Yield (20%)
Through the integrated DApp, holders can select their final 20% allocation from the approved ecosystem list.
BESC Hyperchain
Why BESC? The BESC Hyperchain was selected for its unparalleled velocity, negligible transaction overhead, and deep integration with real-world yield narratives.
By deploying on BESC, $PICKAXE avoids the exorbitant gas fees of legacy networks, ensuring that microscopic micro-dividends can still be distributed daily to holders without value destruction.
Contract & Security
Trust is mathematical. The $PICKAXE contract is immutable and renounced.
Always verify the contract address before executing trades on BESCSwap to avoid interacting with malicious imitators.