# Value Capture

Laika turns cultural activity into cash-flow and routes it to the right stakeholders — transparently, on-chain, and on a weekly cadence.

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### 1) Sources of value<br>

<mark style="color:yellow;">**Protocol/Module fees (governance-tunable):**</mark>

* LaunchOS — issuance/bonding-curve fees; post-launch LP/settlement hooks.
* StakeOS — pool admin & maintenance fees; optional incentives program fees.
* GovernOS — execution/service fees on certain proposal templates.
* ShillOS — escrow & verification fees on creator campaigns.
* DEX/infra integrations (e.g., BarkSwap) — revenue shares on swap/route fees where integrated.
* Partnerships & grants — ecosystem incentives and sponsored programs (when applicable).

<mark style="color:yellow;">**Non-fee inflows**</mark>

* Bribes (permissionless deposits) posted to influence veLAIKA gauge votes.
* Treasury returns — yields/realizations from treasury programs approved by governance.<br>

> All inflows settle to protocol revenue vaults per module, then roll into a consolidated accounting flow each epoch.

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### 2) Routing (what happens to the money)<br>

At each weekly epoch close, accumulated revenue is routed per on-chain Policy:

* Buybacks
  * Purchase $LAIKA via approved venues (TWAP/auction), then:
    * Distribute to veLAIKA (immediate or vested), or
    * Send to protocol treasury, or
    * Burn (retire supply)
* Ecosystem budgets
  * Grants to LaunchOS/StakeOS/Builder programs; Creator cohorts via ShillOS; security/audits.
* Reserves
  * Safety buffer until a governance-set threshold (runway) is met.

Bribes are not protocol revenue. They pay out pro-rata to the veLAIKA voters who supported the targeted pool for that epoch.<br>

> Routing, destinations, and splits are adjustable by vote. The live Policy is visible in the app (with change history and effective dates).

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### 3) Buyback mechanics (how we execute)

* **Schedule** — weekly/monthly/quarterly (set by governance).
* **Method** — TWAP or batch auctions with max-slippage and venue allowlists.
* **Blackout windows** — optional pauses around major governance events to reduce gaming.
* **Distribution path** — to veLAIKA, treasury, or burn (as defined by Policy).
* **Receipts** — on-chain proofs of execution; all trades and counterparties are auditable.