📘 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 150 RUNE of profit generated through RUNEBond is free of charge.
• a 10% fee is applied on the operator commission generated by any bond provider that has used the RUNEBond platform at least once. Once a bond provider has been sourced through RUNEBond, its commission counts toward the fee on any node it later bonds to even if that later bond did not go through the platform.

• Note: the fee follows the bond provider across nodes. Any bond provider that has ever used RUNEBond remains billable on every node it later bonds to, regardless of whether that bond was made through the platform.

🏦 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 15 RUNE.
• This balance corresponds to a free tier covering up to 150 RUNE in profit, since 10% of 150 RUNE = 15 RUNE.

🔁 Automatic Deduction #

• Every 24 hours, the system checks the rewards earned earned from bond providers sourced through RUNEBond (per the eligibility rule above) 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:

1. Via the RUNEBond Platform Interface\
   Any registered node operator or moderator of a node can top up the vault through the official RUNEBond dashboard.
2. Via On-Chain Transaction\
   By sending RUNE directly to the official RUNEBond address thor1xazgmh7sv0p393t9ntj6q9p52ahycc8jjlaap9 with 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.

📌 Note: the fee follows the bond provider across nodes. Any bond provider that has ever used RUNEBond remains billable on every node it later bonds to, regardless of whether that bond was made through the platform. This prevents an operator from using RUNEBond to attract bond providers and then migrating them to a different node to avoid the fee.

🔐 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.