Secreteumsecrdocs

Fees

Every fee, who pays it and where it goes.


Fee table

FeeSizeGoes to
Pons creator fee on trades2%Arithmetic Circuit → Quadratic Arithmetic Program
Pons protocol feeSet by PonsPons
Relayer fee on signed operationsSigned by you, suggested from network feeThe submitter
Arithmetic Circuit caller tip0.5% of harvested ETHWhoever calls harvest()
Gas for direct transactionsNetworkRobinhood Chain

Fee allocation

After the 0.5% caller tip, the Arithmetic Circuit uses 30% of the remaining ETH to buy SECR and places 70% in its ETH reserve. Bought SECR is donated to the Quadratic Arithmetic Program, growing the backing per share.