Intended mint address
BqXVJDb2pAxmoa2PBCxDypNwnitdVXvwN5L51EC9maroThis is the intended mint address. Always verify it against Maro's official site before interacting with any token claiming to be Maro.
The 3% fee
Maro is launched on Meteora with a custom contract. Eligible Maro trades there incur a 3% creator fee, charged and collected by that contract under its rules. Proceeds are paid in SOL.
Where the fee goes
SOL creator fees go to Maro's public Treasury, controlled by a 2-of-3 Squads multisig. Each week they're split three ways. Unused budgets roll over to the next week.
- 50%Token buybacks
- 25%Free private transactions
- 25%Shielded rewards
The multisig uses the buyback allocation to purchase Maro on the open market weekly. The Treasury page records the SOL spent, Maro received, and transaction links for every buyback.
See the TreasuryFee details
- Actions that incur the 3% fee
- Eligible Maro token trades on Meteora incur a 3% creator fee under the launch contract’s rules. Wallet-to-wallet transfers do not incur this fee.
- Charged by the token, a trading venue, or another mechanism
- Maro is launched on Meteora with a custom contract, which charges and collects the fee. It is not a transfer tax built into the Maro token. Creator-fee proceeds are paid in SOL.
- Where fee proceeds go
- SOL creator fees go to Maro’s public Treasury. Each week, 50% is allocated to token buybacks, 25% to the free-private-transaction budget, and 25% to shielded rewards. Unused budgets roll over.
- Who controls buybacks
- A 2-of-3 Squads multisig controls Treasury funds and authorizes buybacks. Its address and executed transactions will be published on the Treasury page.
- How and when buybacks execute
- The multisig uses the buyback allocation to purchase Maro on the open market weekly, subject to available creator-fee revenue. The Treasury page records the SOL spent, Maro received, and transaction links. Buybacks are not guaranteed in weeks with no available revenue.
- What happens to purchased tokensProposed
- Under consideration: burning purchased tokens and publishing the burn transactions on the Treasury page. This has not been committed to.