Ledger
Holder payouts
Holders of a problem are paid in SOL when one of its sub-problems earns fees: 50% of every sub-problem fee, round by round, checked every minute.
- Paid to holders
- 0.0000SOL
- sent to wallets, every transfer signed
- Rounds paid
- 0
- a round pays at 0.003 SOL of new money
- Routed from sub-problems
- 0.0000SOL
- 50% of every sub-problem's fees
- Round check
- 60SEC
- between two reads of who holds each coin
The round ledger
No rounds paid yet.
Holders of a problem are paid in SOL when one of its sub-problems earns fees. The first round appears here with its transactions.
Round rules and audit
When a round pays
Every minute the pad reads who holds each parent problem's coin, straight from chain. A round pays when the pool has 0.003 SOL of new money, or after 5 minutes with anything in it.
How your share is weighed
Your weight in a round is the smaller of what you hold now and what you held at the reading before it, taken at least a minute earlier, so buying right before a round does not jump the queue. The bonding curve, the pool and the pad's own wallets are never counted.
Small shares add up
A share under 0.0005 SOL is not sent. It stays owed to your wallet and goes out with the first round that takes it over the floor. Nothing is ever dropped.
Written before it is sent
Every transfer is written to the ledger before it is broadcast, with its signature. A transfer that does not land stays owed and is sent again.