Legal
Disclosures
Last updated 17 September 2026.
1How the fees are split
Every trade pays a fee to the token's registered fee recipient, and a repository's vault holds that role. A fixed share, set in the vault contract and readable on chain, is booked to the repository; the rest funds CO-FEE. The share cannot be changed for a token once it is launched.
2How payouts happen
A balance is released when someone proves they control the repository and CO-FEE's operator sends it. They are not automatic and not instant. Each one is published with the proof it relied on. CO-FEE can also hand a token's fee stream over permanently, after which the money never passes through CO-FEE again.
3Custody
Collected fees sit in the repository's vault contract until they are released. The operator key is held by the CO-FEE team. A balance booked to a repository has no expiry. It is released by verser, which only the operator key can call and which takes the destination address as an argument: that key can send a held balance to any address, including its own. Nothing on chain prevents it. What makes it contestable is that every payout is published with the proof it relied on.
4Who proves control, and its limit
No contract can read a file on GitHub. A human checks that the claim file exists on the default branch and records the reference of that commit with the payout. This is the weakest link in the chain and it is deliberately published, so that a maintainer or anyone else can contest a payout that should not have been made.
5Dependencies
CO-FEE depends on pons, where the tokens trade, and on Robinhood Chain, which is operated by a small set of parties and can censor transactions. Either may change, pause or shut down. CO-FEE controls neither.
6Smart contract risk
The vault factory and the vaults are software and may contain defects. They have not been audited. pons itself states that its own contracts are under review and not yet audited.
7How few repositories are reachable today
A repository is only paid once a maintainer publishes a claim file. Of the sixty most-starred repositories on GitHub, none had one when this was written. A balance can therefore sit unclaimed for a long time, or forever.
8Not financial advice
Nothing on this site is a recommendation to buy, sell or hold anything.
9Not affiliated
CO-FEE is an independent project. GitHub, Inc., pons and Robinhood have not reviewed, approved or endorsed it.