# Fees

## Sale proceeds

Mint payments split at mint time: 65% VC vault, 35% Dev wallet.
No mint payment sits in a program vault awaiting a later split,
except for marketplace escrow tokens, which are seller tokens held
only until sale or cancel.

## Program marketplace fee

Trading fee: 2.5% on trades settled through the program
marketplace. Settlement for a sale at price P:

- Seller receives 97.5% of P.
- Fee is 2.5% of P.
- Fee splits 65% to VC vault and 35% to Dev wallet.

## Honest limit

The 2.5% fee applies only to trades settled through the program
marketplace. Peer to peer transfers and trades on other
marketplaces do not call this program and do not pay this fee.
Any claim of universal fee enforcement would be false, and this
docs set does not make it.

## Rounding

Fee math uses integer arithmetic in the smallest USDC unit.
Seller plus fee always equals price, and vault fee plus Dev fee
always equals fee, even under integer division. See the program
logic tests for exact cases, including small prices.