Fee economics
Where value from each market ends up, and what the app itself takes (nothing).
Volume on the Pons market
At current Pons settings each vault receives the equivalent of 2.7% of Pons-market volume and turns it into 1.5% for liquidity, 0.5% for $LINK buyback and burn, and 0.7% for the creator. Pons retains its own 0.3%. All of it depends on settlement actually happening.
Volume in the linked pool
The linked pool's 0.3% swap fee never leaves the pool; it raises the value of LP positions, most of which the vault owns and cannot withdraw. It therefore deepens the pool instead of paying the creator or funding burns. Volume that migrates from the Pons market to the linked pool reduces what the vault receives from Pons.
The app's cut
None. Beyond the Pons launch fee and the fixed on-chain split there is no Link charge. The buyback engine logs spend and tokens burned per run, separately from liquidity activity.