OWED
PRE-LAUNCH

What the keys can do

Every power, in one table.

Most products of this kind describe their trust model in a paragraph you have to parse. This is the matrix: every party that holds a key, against every thing that could go wrong. A yes is a power. A no is a contract reverting.

Can they… The launcher OWED attester key OWED registry owner pons The builder
Move money out of a box no no no no yesonly the bound wallet, only what is owed
Take back what is owed nothere is no recovery window, at launch or ever no no no no
Redirect the fee route away from the vault nothe factory is the deployer of record no no read the fine printpons's locker owner controls who may trigger collection, never where it goes; a future pons upgrade is pons's, not ours no
Change the builder's share no no no no no
Say which wallet a GitHub login is no propose onlyone signature, 48 hours in public, then anyone finalises nocannot propose, cannot bind no chooses the walletthe builder picks the address and posts it themselves
Cancel a pending binding no yesduring the 48 hours yesduring the 48 hours; the only emergency brake no no
Change a binding once it is final no no no no no
Rotate the attester key no no yesafter a 48 hour public notice no no
Decide when fees become collectable no no no yespons sweeps LP positions on its own cadence; claimable lags earned no
Harvest fees into a box anyone anyone anyone anyone anyone

Where a GitHub box is weaker than a wallet box, in plain words

Wallet box

  • Owed to one address, fixed at launch.
  • Reads no registry, trusts no key of ours.
  • If the builder loses that wallet, the box waits forever. That is the trade.

GitHub box

  • Owed to a login. The builder chooses the wallet later, once.
  • Depends on our attester saying the login is that wallet. That is the one trusted thing here, and it is bounded: propose only, 48 hours in public, permanent after.
  • If the builder's GitHub account is taken over inside those 48 hours, the registry owner can cancel the post. That is what the brake is for, and it is all the brake can do.