Fee vaults

pump.fun pays creator fees to one address: the coin’s creator. To run the fee split automatically, that address has to be something the engine can sign for. So every Veto coin gets its own fee vault, and the vault is set as the creator when the coin is created.

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What that means

• pump.fun and other explorers show the vault as the coin’s creator, not your wallet.
• Every coin has its own vault. Funds from one coin are never mixed with another’s.
• The vault address is listed on the coin’s page under Fee vault. Anyone can inspect its history on chain.

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What the vault does

The vault only ever:

• claims creator fees from pump.fun and PumpSwap,
• sends the platform fee,
• pays jackpots, holder rewards and the creator,
• buys the coin for buyback and burn or token rewards, and burns what it bought.

It keeps a small reserve of 0.005 SOL so it can always cover account rent. Network fees are paid by Veto’s operator wallet, not the vault.

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Custody

Vault keys are held by the Veto fee engine. That’s what makes payouts automatic, and it means you’re trusting Veto to run the split as published. Every payout is a public transaction, linked from the coin’s page and the live payouts feed, so the split can be audited at any time.