Fee Splits

A split is a list of addresses and weights in basis points. The weights must sum to exactly 100%, there may be at most four of them, and no address may appear twice.

Max recipients

4

Weights

must sum to 10,000 bps

Duplicates

rejected

Zero address

rejected

Configured before launch, frozen afterwards

The splits are registered with the vault in the launch transaction and are part of the hashed configuration. Nothing in the protocol rewrites them.

Rounding

Each recipient's share is accrued × weight / 10000, rounded down, computed at claim time from the market's cumulative accrual. Rounding remainders stay in the vault rather than being assigned to whichever recipient claims first.

Transferring the stream

The recipient list cannot change, but the *entitlement* can be made transferable through a Fee Right, if that module is enabled. See Fee Rights.