Where fees go

Trade → claim

We don’t invent a tax. We sit on locked Meteora LP fees.

Trade
Someone swaps in the pool. Fixed starting fee 2%: flat on the bonding curve, then market-cap taper toward 0.30% after graduation (not pre-bonding only).
Meteora cut
~20% protocol · ~80% LP-claimable.
Treasury claim
Permanent lock + claim authority → NeverLogOff treasury pulls LP fees on a schedule.
Vault split
80% named person · 15% NeverLogOff · 5% maker, or 80 · 10 · 10 if the person endorses the coin (creator coins; house and charity coins have their own fixed splits). The person’s slice accrues to their pot, keyed to their proven account id.
OIDC claim
The person proves control (Twitch today), binds a wallet, pulls attestation → payout. Built, not live yet: the 80% paid straight to their own wallet by the pool program instead.

At 2% launch rate on $1M volume

Trading fee$20,000

LP claimable ~80%$16,000

Named person 80%$12,800

NeverLogOff 15% (10% if endorsed)$2,400 ($1,600)

Maker 5% (10% if endorsed)$800 ($1,600)

Illustrative fee arithmetic at the starting rate, not a forecast. After graduation the pool fee tapers toward 0.30%.