Funded by use, not by issuance.
The split fee and the yield fee are the protocol's only income. There is no emission schedule, no staking programme and no vesting cliff, because there is nothing to print โ the supply is fixed at mint and the mint authority is given up before the address is published here.
When $ELUTE launches, the contract address appears only on this page and @Elutefun on X โ anything else is a fake. No address is shown until it is real, and the address that appears here will have been checked against the chain before it was written.
Split fees and yield fees are protocol income. They fund exactly two things: deeper liquidity for the principal and yield tokens, and buying this one back. Both are paid for by usage.
Fixed supply, no minting, no staking rewards, no vesting. A token that pays you in more of itself is paying you with the thing you already hold.
Nothing here votes on the arithmetic. The identity is not a parameter and the classification bands are fixed at construction โ there is no proposal that could make the books stop balancing.