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Fees, auction, and lottery

How a Zora creator coin becomes a vault: auction tradable shares, run strategies, share fees, and run an instant lottery on qualifying buys.

Launch a vault · Creator coin, vault share (▢), and tradable share (■) are three separate addresses.

What 4626 adds​

A creator coin alone does not give ERC-4626 claims, open share auctions, or onchain fee sharing. 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 internal claim     LayerZero ShareOFT (DEX)
  ~1 → 1000 ▢ at bootstrap  Minted on deposit           1000 ▢ → 1 ■ via wrapper

Creator coin address ≠ share address. Token units.

After trading is live​

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

  Zora creator earnings → creatorCoinPayoutRecipient → vault PPS
  • Trade fees — ShareOFT fees on qualifying DEX routes → gauge split.
  • Creator revenue — creatorCoinPayoutRecipient can accrue holder PPS (router mode).
  • Jackpot — Gauge custodies; LotteryManager4626 pays on qualifying buys.

Personal boost: ve■4626. Formal math: 2.5× boost.

Share allocation at finalize​

Activation wraps the deposit into ■, then splits 25% vesting · 25% Solana · 50% EVM CCA (Base + spokes; each CCA leg 75% auction / 25% LP). Strategy deploy in the same session targets Charm 45% · Ajna 45% · 10% idle. Full table: Share allocation · Activate vault.

Trading live needs auction graduation + sweepCurrency() + migrate() + hook alignment — not activation alone. After activation.

Solana​

Base is primary for deploy, auction, and lottery. ~30% of ■ still bridges at finalize on every new launch. Solana share bridge.

Core contracts​

Shared infra: Addresses (v1.19.3 / v1.19.4 on v1.19.1 stack). Per creator: Registry · Vault · Wrapper · ShareOFT · Gauge · CCA arm · Lottery · Oracle.

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