MINUTES OF THE EMERGENCY SESSION · No. 001 · SEASON 0
- TO:
- ALL CHARTERED BANKS
- FROM:
- THE COMMITTEE
- RE:
- BAILOUT FUND
BAILOUT FUND.
Every trade pays a fee. The fee fills the fund.
Every $FED trade pays a Pump.fun creator reward (a share of every trade). 100% of it is shared to the public Bailout Fund wallet.
Once Season 0 play starts, the fund pays chartered banks every hour, in USDC, by their game capital that hour. Before play it only fills.
Entry is free. One bank per X account. A Solana wallet is needed to get paid.
The team holds the fund wallet. Every deposit and payout is on chain.
Payouts depend on volume and can shrink or stop. Bad banks get nothing.