CAPITAL ARCHITECTURE / BAST × PUMP
CAPITAL HAS
SEPARATE ROLES.
The BAST/PUMP fee stream funds protocol resources. Lending capital, liquidation reserves and operating funds remain separate books.
01 / THREE PERCENT. THREE DESTINATIONS.
A FEE THAT FUNDS
THE CREDIT LAYER.
3.00%
BAST/PUMP creator fee
The split allocates net received fees in the ratio 200:75:25. It is not a tax on third-party LP positions. Platform, network and settlement costs are separate.
02 / FEE ASSET & MARKET CAPITAL
FEES IN.
CAPITAL AT WORK.
BAST trades against PUMP. Fee receipts arrive in PUMP and are allocated into separate protocol budgets. Approved conversions fund SOL or USDC credit markets; a trading pair does not determine every loan’s denomination.
Verify the PUMP mint, supported quote configuration, configurable-fee flag, maximum allowed basis points and actual 300 bps state at launch. Do not substitute a SOL/USDC schedule.
Official custom-pair creation reference03 / DO NOT MIX THE CLAIMS
Lender deposits
Capital converted into the approved asset of a specific credit market. Exposed to that market's borrowers, liquidations and losses.
Protocol capital
Fee-funded assets owned by the protocol. Allocation to a credit market makes them exposed to its risk.
Buffer assets
Separately accounted resources available only under a published, capped loss-allocation policy.
04 / BAST TOKEN ROLE
THE PROTOCOL TOKEN.
NOT A REDEMPTION CLAIM.
BAST is the protocol token associated with protocol capital formation. V1 does not promise dividends, guaranteed yield, automatic redemption or an enforceable governance vote. Protocol usage, rather than a token holding, creates loan and lender positions. Additional token rights require separate specifications.
Read the token and fee specification