How a fee becomes a burn

Fees are collected in SOL or USDC in a fee wallet that holds nothing else. When the balance is worth at least five dollars, 40 percent is swapped to DDAI through Jupiter and destroyed with the token program's burn instruction, which lowers the supply. The other 60 percent goes to the operator. Every burn is listed below with its signature. There is no promised burn rate: the ledger shows what happened, nothing more.

Fee wallet …

Ledger