> ## Documentation Index
> Fetch the complete documentation index at: https://docs.veto.fun/llms.txt
> Use this file to discover all available pages before exploring further.

# Fee vaults

> Why your coin's creator on pump.fun is a Veto address.

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.

## 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.

## 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.

## 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](https://veto.fun/live) feed, so the split can be audited at any time.

> [!NOTE]
>
> Pots, credited rewards and escrow sit in the vault until they're paid out. A coin's page shows exactly how much is waiting in each pot.


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