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FAQ and risks

What happens when a pool stops trading or a stream ends, why never to send revenue tokens to a helper contract, and why the supply is fixed.

On this page

What if a pool stops trading?

A revenue token holds only the income of its locked fee rights. A pool that stops trading pays no fees, so its stream sends nothing. Nothing else pays the token for it.

What happens when a stream ends?

A stream locked for a term ends on its date: anyone can release it, and the launch's LP or the positions go back to the address named at mint. All income from the term stays claimable, and the token gets no more from that stream. A Pons fee right ends if Pons moves it, after three days' notice, and a Long fee right stops paying if its pool graduates. The token's page shows each stream's end. A stream locked forever never ends.

Can I send revenue tokens to a vault or another contract?

Only to one that can claim. Never send revenue tokens to a helper contract: the token's drop box and its doors cannot send them back. A vault, lending market or other contract that cannot claim keeps its share of every drop and every arrival where nobody can take it. To hold revenue tokens in a contract and keep their income, use Compound or time shares, which claim for you.

Can more revenue tokens be minted, or some be redeemed?

No. The supply is fixed at the mint, and the token has no second mint and no redeem. The add-ons wrap revenue tokens without changing the supply: a time shares lock gives the tokens back after its last day, a day wrapper mints and redeems wrappers for one day's units, and the compounder issues and redeems its own vault shares for deposits.

Can anyone change a token after the mint?

No. A token has no owner, no admin, no pause and no upgrade. Its streams, release period, sync tip and Hookr's leg are fixed at the mint.

Is income promised?

No. A revenue token pays what its fee rights earn, and that can be nothing. Nothing on these pages is a forecast of income.