A token that burns what its desk earns

Every swap pays a fee, and none of it is kept. The fees are posted as margin, levered into perpetuals on Drift, and whatever the desk makes comes home to buy BURN off the order book and put it in the fire.

Open the desk See the loop

Supply burned

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Margin deployed

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Cumulative P&L

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Epochs traded

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Search epochs, burns, addresses⌘K

pre-launch

The desk is open

Reading Solana…

Explorer ↗

Supply burned0 burns

— BURN

The vault

Fees waiting—

Margin deployed—

Queued for burn—

Cumulative P&L—

#	Opened	Margin	Result	Status
No epochs yet — the first appears when the keeper calls sweep().

Figures read straight off Solana with getAccountInfo. Pre-launch until the mint and program addresses are set.

The loop

Fees go out as risk and come back as ash

Most tokens treat the tax as revenue and it dies in a treasury wallet. Here it is working capital with a mandate, and the only way it returns to holders is through the fire.

Fee is collected

Token-2022 withholds 3% inside every transfer. Anyone can harvest it to the vault, and the vault is the only address allowed to receive it.

Fees become margin

The vault sells a capped slice into SOL through Jupiter and releases it as collateral — at most 10% at a time, once every four hours.

The desk trades

Collateral backs perpetual futures on Drift at 3x. Each round is an epoch, and its result — profit or loss — is written to its own account on-chain.

Profit buys and burns

Earnings return as SOL, buy BURN on the open market, and destroy it. Anyone can trigger the burn and earns 0.25% for the fee.

Security

What each key can and cannot do

The operator is a hot key running a bot, so the programs are written as though it will eventually be stolen. Every row below is enforced by the programs, not by policy.

Action	Owner	Operator	Guardian	Anyone

Programs

Programs and network details

Verify the program hashes on Solscan before you interact with anything here.