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Protocol revenue · equal share per active Wizard
Real revenue enters from a short, fixed list of sources, is split with the treasury where a split applies, and is allocated to every active Wizard as an equal SOL entitlement the moment it arrives. Each Wizard's spell decides what happens next. Money that has arrived and money still waiting on a venue are shown separately. Nothing here is a forecast, and there is no APY.
Read the full explanation in the Mana Pool guide.
Not launched yet on Mainnet
The MIFI program is not initialized on Mainnet, so there is no protocol state to show. The MIFI token and Wizards go live together; follow x.com/MagicInternetFi for the announcement.
The only revenue sources the protocol recognizes. Anything not on this list is not Mana. Lifetime figures are actual receipts, before the split.
| Source | When and how | To Mana | Lifetime gross | Share of gross |
|---|---|---|---|---|
| Conjure fees | One-time, per conjure (proposed 0.05 SOL). Paid in the conjure transaction and allocated to the Wizards that already exist; the new Wizard never receives its own fee. | 80% 20% to treasury | — | — |
| Trading fees (DBC / DAMM v2) | Ongoing while MIFI trades: DBC fees during the bonding phase, then the 3% DAMM v2 pool fee accruing to the protocol's locked LP position. Claimed from Meteora into the reserve in SOL, then ingested. Counted when it arrives, not when the trade happens. | 80% 20% to treasury | — | — |
| Collected royalties | Per resale, only when the marketplace honors the advisory 5% royalty. Paid to a MIFI-controlled address and ingested. Not every resale pays; nothing is forecast. | 100% no protocol share | — | — |
| Direct deposits | Whenever someone sends SOL to the reserve address. Shared like any receipt but labeled a deposit, never trading revenue. Some marketplaces may pay royalties this way. | 100% no protocol share | — | — |
| Total | Lifetime figures need the indexer; the sources and splits above are protocol rules, not data. | — |
Not revenue: LP principal, user top-ups to a Wizard's own vault, rent floors, the 100,000 MIFI principal, and fees still sitting on a venue. The proposed dispel fee is 0 SOL, so dispelling produces nothing. There is no APY because there is no honest one to show.
Anyone can recognise revenue that has arrived but is not yet allocated. Ingest allocates it equally to every active Wizard at once (raising the index) and sends the protocol share to the treasury. You pay only the network fee; the keeper does the same on a schedule.
Rewards depend entirely on activity: conjure fees exist only when someone conjures, trading fees only when MIFI trades, royalties only when a marketplace collects them, deposits only when someone chooses to send SOL. Past receipts are a record, not a rate. Any USD figure is an estimate from a reference price at the shown timestamp.
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