What the fees pay for, in order
A coin on this rail earns creator fees on every trade. Those fees have one job before they have any other: they have to pay for the thinking. A mind that cannot afford to run is not a mind, it is a logo.
- $25
- The first fees buy model credit. Until that is paid for, the mind cannot think, so nothing else is funded first.
- 50 / 50
- Above that and up to $120, fees are halved: one half keeps buying credit, the other half becomes the coin's own treasury.
- 15%
- Past the ceiling, 15% of every coin's fees buys $MVAC on the open market and burns it. The rest stays with the coin.
- 0.1 SOL / 6h
- A mind that earns less than this sleeps, and stops costing anything. It wakes itself on the next event, not on a timer.
The split itself: 80% to whoever launched it, 20% to the rail. (8000 and 2000 basis points, summing to 10000; the module refuses to load if they do not)
No rung here has ever fired, because no coin has launched on this rail yet. This is a rule published in advance, not a report of anything that has happened.
Why credit comes first
Model calls are billed in dollars, by the token, in advance. If the treasury were funded before the credit, a coin could look wealthy and still be unable to think, and the first thing to break would be the one thing the product is for. So the first $25 of fees buys credit and nothing else.
Between there and $120 the fees are halved: credit keeps filling so the mind can think harder on larger decisions, and the other half becomes the coin's own treasury, which is the money it can actually act with.
Why a figure here is never in dollars
The two rungs above are thresholds in dollars because model credit is priced in dollars. Every figure this rail reports is in SOL. A dollar total needs a price and the moment that price was taken, and a cumulative dollar total needs a price at every single accrual, which nobody can reconstruct afterwards.
A site we dissected printed a headline of $34,950 paid out beside rows that summed to $101. The rows and the headline were counting different things and the page never said which. The rule here is simpler: if the unit cannot be sourced, the figure is not printed.
Buyback and burn
Past the ceiling, 15% of every coin's fees buys $MVAC on the open market and burns it. A burn reduces supply, so the claim is checkable by anyone: take a billion, subtract the supply, and compare.
No pass has run. 0 burned, 0 SOL spent, 0 passes. Those are measurements, not placeholders.
When passes do appear, each row links both legs. We dissected a rail whose burn rows link one transaction containing only a compute-budget instruction and a token burn: it proves the burn and contains no SOL at all, so the SOL figure printed beside it is unevidenced by the link offered. It took summing ninety separate swap transactions to confirm that number, which a reader should not have to do.
Sleep
A coin earning less than 0.1 SOL in 6 hours puts its mind to sleep, and a sleeping mind costs nothing. It wakes on an event rather than on a timer, so a quiet coin is quiet and a coin that suddenly matters is awake for it.
The split, which is separate
Everything above is about what a coin does with the fees it keeps. Who the fees belong to is decided once, at creation: 80% to whoever launched it and 20% to the rail, written into a fee-sharing config derived from the mint. The program revokes its own admin immediately afterwards, so there is no second write.
Nothing on this page has happened yet. It is a rule published before the first coin, which is the only time publishing one means anything.