Value per token = ZEC in the roots ÷ total unburned supply. It rises as tokens are burned. It exists only while there is ZEC in the roots.
Reading the roots…
Holder rewards: 0.80% of every trade paid in ZEC to holders, min $20 holding.
Permanent: nobody can change it.
Paid automatically when the pot is worth about $25, at most every 4 hours, to every wallet holding $20 or more at a snapshot taken at a random minute. Holders do nothing. Each run's snapshot and every transfer are on Rings.
pump.fun takes its own protocol fee on top: 0.95% on the curve, 0.25% after graduation. None of it reaches Sapling. The split can change within the program's bounds: the roots never below 0.50%, Sapling never above 0.40%.
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