Capital flow

Creator fees from Flap are collected by the token's tax processor and forwarded to the WePay treasury in BNB, quoted in yuan, and sent as USDT to the wallet linked to the recipient's WeChat ID. The recipient cashes out to WeChat Pay themselves. The protocol keeps its share of every claim.

1

Flap tax token

Every buy and sell pays the token's tax. On the bonding curve it arrives as BNB; on PancakeSwap it accrues in the token and is liquidated to BNB.

2

Fees claimed

The tax processor forwards the marketing share to the treasury. Each increase in totalQuoteSentToMarketing is a claim in the ledger.

3

Quoted in yuan

Each claim is valued in yuan at that moment's BNB price and split 80/20. The recipient's share builds until a milestone.

4

Swapped to USDT

The treasury swaps BNB for USDT on PancakeSwap and sends it to the wallet linked to the WeChat ID. Automatic, on chain, hash published.

5

Cashed out to WeChat

The recipient sells USDT for yuan on Binance P2P, paid straight to their WeChat Pay or Alipay. WePay never touches this leg.

80% to the WeChat recipient20% to the protocol

Off-ramp

No conversions recorded yet.

A token on Flap points its fees at us

At launch, the token names the WePay treasury as its beneficiary with the whole marketing share (mktBps = 10000). Flap's tax token contracts have no setter for the beneficiary, so the destination is fixed the moment the token exists. We read the WeChat ID from the token's description and watch the tax processor's cumulative payout to the treasury.

Every claim splits

The recipient share and the protocol cut are computed when the claim is recorded, from that claim, at that moment's BNB/CNY rate. Neither is recalculated afterwards. The rate comes from the public BNB market and is stored on the claim.

Yuan arrives in the WeChat Pay balance

Treasury BNB is converted in batches rather than one conversion per payout. The yuan lands in the WePay merchant balance on WeChat Pay, which holds what is owed to recipients between a claim and its payout.

The recipient receives it through WeChat Pay

A payout is a merchant transfer to the recipient's WeChat balance. WeChat Pay addresses people by openid, not by WeChat ID, so a recipient links their WeChat ID once (see Link) and every later payout goes straight through. Until they do, their balance is held.

The protocol share

The protocol cut pays for the float, the conversions, the RPC and the servers. It is held in the treasury and reported on the analytics page. It gates nothing: holding anything does not change the split, who can launch, or who gets paid.