Transparency

Where the SOL goes, what we've done about regulations, where the protocol still has rough edges, and which on-chain accounts matter.

This section is the part of the documentation we'd rather not need but think every serious protocol owes its users.

We are not anonymous. We are not deployed-and-walked-away. The protocol takes real fees from people who stake real money, and they deserve to know exactly where those fees go, what posture we've taken on the regulatory questions that surround prediction markets, what limitations the code has that we haven't fixed yet, and which wallets hold which kinds of authority.

There is no marketing language in this section. It is written to be useful in due diligence.

What you'll find here

  • Use of funds — fee schedule, where each fee goes, how the treasury is spent, and the operating posture we maintain for the next twelve months
  • Regulatory posture — the jurisdictional questions specific to prediction-market-gated launches, the homework we've done, and the things still under counsel review
  • Known limitations — single-key admin (no multisig yet), the stub IDL, the leaked deployer mnemonic, the Next.js CVEs, and what we've decided to defer
  • On-chain ledger — every privileged wallet, what it can do, current balance, and how to verify

If anything in this section is wrong or out of date, open an issue at github.com/aitankfish/pnl/issues. We'll fix it. The point of writing it down is to be correctable.

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