ProtocolEnglish
Protocol revenue
Where the money goes and what nobody can touch
What the protocol earns
Two things:
| Source | Amount | Paid |
|---|---|---|
| Market creation | 10 USD per market | To the treasury, inside the creation transaction |
| Trade fee, platform share | 0.20 % of volume with a referrer, 0.30 % without | To the treasury, at trade time |
No listing fee, no withdrawal fee, no spread, no order-flow payment, no priority lane, no subscription, and nothing taken out of a reserve.
What nobody touches
The reserve. Every dollar paid into a curve stays in that market's contract and leaves only through a sale, to the seller. No role (creator, pauser, treasury, admin) has a function that withdraws it. The function does not exist in the code.
Accrued creator, talent and referrer earnings. They sit in the market contract under their recipient's name and are withdrawn by that recipient. No pause freezes them.
Watertight accounts
Profile reserves and the platform treasury are separate contracts with separate balances, and neither lends to the other.
Why the platform takes the smaller share
The platform keeps 0.20 % of traded volume, or 0.30 % when nobody referred the trader. The creator keeps 0.70 %, for life, whatever the size of the market. Four fifths of the fee leaves the platform on every single trade, and none of it depends on how big or how old a market gets.
That is a deliberate trade. A share that shrinks as a market grows punishes the exact outcome the platform wants, and it costs a creator the one thing that makes them repeat the offer to somebody else: a number they can say without a footnote. The bet is that a flat, quotable 0.70 % brings more markets and more volume than a bigger slice of fewer of them.
Separation of powers
Seven distinct addresses run the system. The deployment check fails if any two match.
| Role | Power |
|---|---|
| Admin | Sets the fee preset, the pauser, the treasury, the referral registry; records a verified talent; unpauses |
| Pauser | Pauses buys, or pauses a market. Nothing else |
| Treasury | Receives fees. Holds no power over any market |
| Deployer | Installs the contracts once, then is discarded |
| Faucet signer | Signs short-lived vouchers |
| Gas drip | Funds network fees for onboarding wallets |
| Referral operator | Records "this buyer came from this referrer". Server-side, never a user |
A leaked key grants one power, not all of them.
No token
UNPRICED has no protocol token. Nothing to buy back, nothing to burn, no emissions, no airdrop, no points programme convertible into one. Revenue is revenue.