Docs 09
The Paring: one charge, one purpose.
What is charged, what is free, where it goes, worked to the unit.
Tallystick charges exactly one fee: the 2% Paring on each trade, a buy charged the same as a sale.
What is free
- Keeping TALL costs nothing, for as long as you keep it.
- Receiving TALL to your wallet opens no obligation for you beyond the trade itself.
- Reading the state — scoreline(), cuttings(n), charred() — costs nothing.
- Calling a Tallage carries no fee of ours; the network’s gas for the call is all you pay.
Where the Paring goes
Nowhere except the queue. The gathered Paring can go toward one thing: buying TALL from the market so a Tallage can retire it, oldest Notch first. Withdrawing it, sending it elsewhere, or counting it as revenue: all impossible, for any account.
Worked example
| Trade size (TALL) | Paring (2%) | Notch opens with (TALL) |
|---|---|---|
| 1,000 | 20 | 20 |
| 10,000 | 200 | 200 |
| 250,000 | 5,000 | 5,000 |
The Paring cannot be raised, lowered, or switched off — it was written without a setter. There is no fee schedule to watch, because nothing in it can change.