Closed-loop. One token in, one token out. The protocol holds no opinion on which country wins - only that every trade burns.
PITCH is a single ERC-20 on Base. Fair-launched at $500K FDV. 960,000 total supply. No team allocation. No vesting. No mint function. Once deployed, the supply only goes one direction: down.
Phase 1 is acquisition. Phase 2 is price discovery. They never overlap.
Constant-product with virtual reserves. Asymptote at 20,000. Mathematically unreachable.
Every swap shrinks the only currency that can buy anything in the system.
Each country has an asymptotic cap of 20,000 tokens. The curve makes the price approach infinity as supply approaches 20,000, so the cap is never actually minted. There is no team allocation. No reserve. No backdoor.
Past ~95% supply, the curve turns parabolic. A handful of countries will get there. Most won't. The set is a market, not a checklist.