Fees & escrow
One number
1% per trade. On the curve, and on the v4 pool after graduation. Fixed for every token — creators cannot configure it. A fee you can't predict is a rug you can't see, so there is exactly one number to know.
The split
Every fee is divided at the moment it arrives:
| Share | Goes to | When |
|---|---|---|
| 70% | Token creator | Escrowed while the bond runs; direct afterwards |
| 30% | Protocol treasury | Immediately claimable |
Escrow
During the bond period the creator's 70% accumulates in the FeeSplitter and cannot be touched. It releases in full the moment the bond ends cleanly. This means a creator's income during the bond is deferred fees, not sales — which is exactly the incentive the bond is designed to create.
What conversion does to fees
If the creator sells during the bond:
- the escrow is forfeited with the bond (PONS side donated to the pool; token side burned),
- and their fee rights are revoked permanently — every future 70% share is redirected to the pool, forever.
That second part matters more than the bond. For any successful token, a lifetime 70% fee stream is worth far more than the bond that was posted on day one. The fee stream is the real collateral — it scales with success, and it's what makes even a small bond meaningful.