Documentation Index
Fetch the complete documentation index at: https://docs.viva.dog/llms.txt
Use this file to discover all available pages before exploring further.
Read this first
This page explains how money moves in VIVA pools for traders and creators. Pools may use BNB or USDT (or another supported quote) as the settlement asset. Always confirm amounts on the Trade / Create screen before you sign — live rules can change with deployments.
In 30 seconds
Each meme token has its own pool. You trade and borrow against that pool, not a public order book of strangers.
| Mechanism | Summary |
|---|
| Buy / sell | Price blends floor price (redemption track) and a premium curve (more supply → higher price). |
| Trade fee | 1.25% on buys and sells (on the amounts shown in-app). |
| Borrow fee | 3% one-time when you open or add borrow — no daily interest. |
| Sell profit tax | 5%–30% on profit only when you sell above your tracked cost. |
| Fee split | Half to the protocol treasury; half shared between token creator and floor support (creator share set at launch, within app limits). |
| Profit tax split | Half strengthens the floor; half goes to a tax treasury used for community programs off-chain (e.g. points / platform token). |
| Anti-abuse | If you buy from the pool in the same block, you cannot sell back in that block. |
Fee table (typical)
| Action | Rate | What it applies to |
|---|
| Buy | 1.25% | Quote you pay in |
| Sell | 1.25% | Gross payout before profit tax |
| Borrow | 3% | New borrow amount (before fee) |
| Create token | ~0.01 BNB | One-time when launching a pool |
| Sell profit tax | 0–30% | Profit only — see Fees |
Where trade and borrow fees go
For every 1.25% trade fee or 3% borrow fee:
- 50% → protocol treasury.
- 50% → split between:
- Token creator — you choose up to 15% of the total fee at launch; claimable in the app when available.
- Floor support — at least 35% of the total fee; used to raise the floor over time.
Example: A trade generates 12.5 USDT in fees, and you set 10% of total fees to the creator → treasury 6.25, creator 1.25, floor 5.00 USDT.
Borrow fees follow the same split.
Sell profit tax
When you sell above your average cost in the pool, tax applies only to the gain:
| Profit vs your cost | Tax on the profit |
|---|
| Small gain | 0% |
| Moderate gain | 5% up to 25% (scales with how much you made) |
| Very large gain | up to 30% cap |
Half of that tax supports the floor; half goes to the tax treasury for off-chain community programs.
Floor vs trading price
Two ideas work together:
- Floor — a protocol-backed minimum redemption track that is designed to rise as fees and tax flow in, not fall from normal trading.
- Trading curve — the market price you see on charts; it moves as supply grows and is meant to stay at or above the floor under normal rules.
Memory aid: floor = backing and borrow reference; curve = “more buyers → higher next price.”
Details: Floor price and curve.
Borrowing (economic view)
- Collateral is valued at the floor, not a CEX ticker.
- 3% opening fee on new borrow; no protocol interest clock.
- See Borrowing.
Protections you may notice
| Rule | Why it matters |
|---|
| Same-block sell ban | Harder to sandwich yourself right after a buy |
| Sell liquidity check | Pool will not promise more quote than it can pay |
| Slippage limits in the app | Bad fills revert instead of executing silently |
Plain glossary
| Term | Meaning |
|---|
| Quote | BNB, USDT, or whatever the pool settles in |
| Floor price | Protocol minimum redemption reference |
| Market price | What the next trade roughly prices at on the curve |
| Floor support | Fee share reserved to lift the floor over time |
| Tax treasury | Pool of quote from profit tax; used off-chain for community programs |