The SURPLUS token

SURPLUS

The protocol’s whole fee share buys SURPLUS through Jupiter and burns it.

Supply1,000,000,000
Burned—
In the fee vault—

Where the fee comes from

Source
Sleeve earnings
Twin sleeves
swap fees
Lend sleeves
Kamino interest
Protocol share
—
Management fee
none

At harvest the protocol share goes to the fee vault; the rest stays in the fund for every US100 share.

The fee vault

a PDA no key signs for

The token

Launch
Fair launch
Supply
1,000,000,000
Developer allocation
its own first buy
Mint
—
Venue
—

The whole supply of 1,000,000,000 goes to a public fair launch on equal terms.

Buybacks and burns