On-chain facts
Transparency
Who controls what, read live from the chain. Every address links to the explorer, so you can check it yourself.
Program
Read from the program account and its programData account.
Program ID
Upgrade authority
can replace the program code, including vault logic
Audit
Not audited yet
Config
The program's Config account (§4).
Admin
can change the settings below and pause
Coordinator
signs epoch results
Paused
Min stake
Slash destination
Pending admin
two-step rotation: propose, then accept
Vaults
Program-derived SOL accounts.
reward_vault
eacc_lock
Fee token · ESC
Its pump.fun creator fees fund the vaults; e/acc is only the stake.
Official mint
not launched yet
reward_vault share
node rewards
90%
eacc_lock share
buys e/acc on PumpSwap and locks it
10%
These are the intended shares. To verify the live split, run fee-router status --mint <ESC mint> as described in docs/FEES.md; it reads the on-chain sharing config.
Buy-and-lock
What the creator and team can't change
- ›The ESC fee split (90% reward_vault, 10% eacc_lock), once the launch transaction revokes the sharing admin.
- ›The destinations: the same launch transaction points both shares at the two program addresses above.
What remains trusted
- ›pump.fun keeps protocol override powers over fee sharing (it can install a new sharing admin) and over its fee schedule.
- ›The program's upgrade authority (a multisig) can replace the program, including how the vaults and the locked e/acc are handled, until it is revoked.
- ›The coordinator scores work and signs each epoch's allocation; a wrong or dishonest coordinator misallocates rewards. The payout cap, challenge window and slash delay bound how much and how fast.
- ›The admin can pause, void an epoch's root, approve or cancel slashes, and queue loosening config changes behind the timelock above.
Risks
Rewards depend entirely on ESC trading fees: they vary, can be zero, and are not a return on your stake. Staked e/acc is exposed to e/acc's price and can be slashed if your node fails verification. Nothing here is financial advice.