How trading affects the fee model
Original-market allocations and custom-pool trading fees have different destinations.
Official-market proceeds
With the current Pons fee policy, new V2 vaults allocate proceeds equivalent to 1.5% of original-market volume for liquidity, 0.5% for PAIR buybacks and burns and 0.7% for the creator. Pons receives its separate share. These depend on actual settlement.
Custom-pool fees
The custom V2 pool's trading fees remain in its reserves and accrue to LP holdings. Existing locked LP positions do not provide a separate fee withdrawal channel into the PAIR buyback engine.
As trading shifts toward a custom pool, original-market fee receipts can decrease. Pair adds no extra app trading fee. It compares execution for the trader and reports recorded burns separately from liquidity growth.
Older vaults
V1 routing and fee splits are fixed. Wider trading routes in the app do not upgrade how an old vault spends reserved ETH. Creators can directly contribute quote assets and add reserved liquidity through their existing controls, but those contributions remain committed and do not recover locked ETH.
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