Fees, auction, and lottery

How a Zora creator coin becomes a vault with tradable shares, fair-launch price discovery, fee sharing, and an instant lottery on qualifying buys.

Launch checklist · Creator coin, vault share, and tradable share are three separate token addresses.

What is 4626?

What 4626 adds

A creator coin alone does not provide:

Standardized ERC-4626 claims on vault TVL
Open fair-launch price discovery
Onchain fee sharing with share holders

4626 deploys vault, auction, ShareOFT, gauge, oracle, and lottery contracts per creator.

Token model

  Creator coin ($TICKER)          Vault share (▢TICKER)         Tradable share (■TICKER)
  ─────────────────────          ─────────────────────         ───────────────────────
  Zora ERC-20 deposit            ERC-4626 vault share          LayerZero ShareOFT (DEX)
  Goes into vault                Minted on deposit             Wrapped 1:1 from ▢

Rule: creator coin address ≠ share token address.

After trading is live

  DEX buy of ■ share on Base
           │
           ▼
  ShareOFT fee ──► gauge (tradeFeeCollector) ──► burn / jackpot / protocol split
           │
           └──► Qualifying buy → instant lottery (VRF)

  Zora creator earnings ──► PayoutRouter ──► vault ──► PPS accretion for holders

Trade fees — ShareOFT transfer fees on qualifying DEX routes.
Creator revenue — Zora payoutRecipient earnings (router mode) accrue holder value via vault PPS.
Jackpot — Gauge custodies reserves; CreatorLotteryManager pays winners on qualifying buys.

Lane names: Glossary.

Launch sequence

Step	Creator action	Result
1	Pay launch fee ($499 bundle)	Deploy unlocked
2	Deploy contracts	Vault stack onchain
3	Activate vault	Deposit + fair-launch auction seeded
4	Monitor auction	Price discovery
5	Finalize (app/chain)	`■` split 30% auction · 30% vesting · 30% Solana · 10% LP reserve
6	Strategies (automatic)	Charm 45% · Ajna 45% · 10% idle

Steps 1–3 are manual in the app. Steps 4–6 follow activation.

Trading live on Base requires auction graduation, sweep, migrate, and hook alignment — not activation alone. Completion checklist

The batcher wraps the activation deposit into ■ ShareOFT, then allocates supply 30/30/30/10:

Leg	%	What happens
CCA auction	30%	Fair-launch price discovery
Creator vesting	30%	365-day linear vest to creator
Solana bridge	30%	LayerZero bridge of `■` (at finalize)
LP reserve	10%	Held on CCA strategy for v4 migration after graduation

Details: CCA launch strategy · Glossary

Base is the primary chain for deploy, auction, and lottery. Solana is still part of every greenfield deployment: ~30% of ■ supply bridges at Phase 2 finalize (included in the launch bundle). Creator coin stays on Base.

Solana share bridge

Core contracts

Shared infrastructure: Addresses (v1.14.1). Per creator:

Contract	Role
CreatorRegistry	Creator coin → stack lookup
CreatorOVault	Vault · holds creator coin
CreatorOVaultWrapper	▢ → ■ wrap
CreatorShareOFT	Tradable ■ share
CreatorGaugeController	Fee split · jackpot custody
CCA launch strategy	Fair-launch auction
CreatorLotteryManager	Lottery on buys
CreatorOracle	TWAP for lottery sizing

Impairment: disclosures.

Launch checklist · Contracts · Glossary

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What 4626 adds​

Token model​

After trading is live​

Launch sequence​

Share allocation at finalize​

Solana share bridge​

Core contracts​

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