📘 RUNEBond – Finder Fee Vault
🧭 Introduction
The Finder Fee Vault is a mechanism designed to align incentives between node operators and the RUNEBond platform. It ensures that operators contribute to the platform’s sustainability in direct proportion to the revenue they generate through it.
💼 Business Model
Node operators benefit from a tiered fee model:
The first 800 RUNE of profit generated through RUNEBond is free of charge.
After this threshold, a 10% fee is applied on the profit generated exclusively through BOND operations closed via the RUNEBond platform.
"Profit" is defined as the total rewards received by the operator, based on their node operator commission, for transactions executed through RUNEBond.
🏦 Finder Fee Vault Mechanism
Each node operator (not individual node) has a Finder Fee Vault balance, which works as follows:
🎁 Initial Allocation
Upon joining the platform, each operator receives a Finder Fee Vault balance of 80 RUNE.
This balance corresponds to a free tier covering up to 800 RUNE in profit, since 10% of 800 RUNE = 80 RUNE.
🔁 Automatic Deduction
Every 24 hours, the system checks the rewards earned through RUNEBond-related activity and deducts 10% of those rewards from the operator’s Finder Fee Vault balance.
⛔ Visibility Lock
When an operator’s Finder Fee Vault balance reaches zero, all of their nodes are delisted from the RUNEBond interface.
This means the operator is no longer discoverable on the platform and cannot receive new bonds until their balance is topped up.
The nodes reappear automatically when the vault balance returns to positive.
🔄 Persistent Accounting
The Finder Fee Vault balance is associated with the operator, not with individual nodes.
The balance does not reset.
If an operator unlists all their nodes, the system continues to track the virtual revenue they would have earned through RUNEBond.
When they re-list a node, the previous balance is restored, and the system deducts any missed revenue accordingly.
💸 Top-Up Options
Operators can refill their Finder Fee Vault in two ways:
Via the RUNEBond Platform Interface Any registered node operator or moderator of a node can top up the vault through the official RUNEBond dashboard.
Via On-Chain Transaction By sending RUNE directly to the official RUNEBond address
thor1xazgmh7sv0p393t9ntj6q9p52ahycc8jjlaap9with the following memo format:
TB:FFV:${operatorAddress} 📌 Note: The Finder Fee Vault is tied to the operator address, not individual node addresses. Operators with multiple nodes share the same vault.
🔐 Technical Notes
The Finder Fee Vault is a persistent balance tracked per operator address, and is automatically updated every 24 hours based on recent rewards earned through RUNEBond.
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