Can the fees change after I la…ctly as healthy as a live one.An address that names nothing …the Gateway returns an entity.That warning is worth reading … now pays its own network fee.

Can the fees change after I la…er that Proposal fee 500 XRD Flat, paidThe floor of the one fee a proposer pays, at creation, kept whether the… returned Proposal fee rate 10% The execution fee on the winning action’s XRD value, charged at the trOf the largest option’s XRD value; the proposer pays this or the floor, whichever is higgher – and waived when the ballot returns “treasury pays”, so any option under 50,000 XRD pays 500. Triggering a passed proposal is free Vote fee 100 XRD Charged per…egistries kept answering. The proposal fee rate is the figure the redeploy of 6 October 2026 set; the other values above were read live on… now pays its own network fee.

How does governance work once … the caper’s tokens, plus the 500 XRD legislative feeproposal fee: 1% of the largest option’s XRD value, at least 500 XRD. Phase one. The proposal car…ng (/wiki/governance/voting) .

Can the fees change after I la…he rate is half the peak by 1.0199% of supply sold, 1% by 10.821.4%, and halves every 120% sold after that Proposal f… now pays its own network fee.

Can the fees change after I la…lues above were read live on 215 September 2026 off component_tdx_2_1czqsy8n…aruhv43pmr40xf3…lj0szvu9, the CaperMain the registry n… now pays its own network fee.

How much does it cost to start…id into your own treasury. The 0.5%re is no trade fee is charged on buys only, and it is paid into the treasury of the caper being bought. A sell pays no trade fee: every buy and every sell pays the skim, and 49.5% of it goes into the treasury of the caper being traded, 50% to its founder and 0.5% to the $CAPER treasury. Raising funds (/wiki/markets/raising-funds) works the feeskim through, and Trading (/wiki/… buys another and so pays the fee onceskim on each leg.

Can the fees change after I la…ever Live value What it does Trade fee 0.5% Charged on buys only, into the treasury of the caper you buy. A sell pays none Collateralization peak 1 Sizes the founder reward (/wiki/markets/raising-funds) Collateralization peak 1 Sizes the skim (/wiki/markets/raising-funds) , which divides 49.5% to the traded caper’s treasury, 50% to the founder and 0.5% to the $CAPER treasury, a split compiled into the logic rather than stored; the rate is half the peak by… now pays its own network fee.

How do I join a caper without …llowlist. How pricing and the trade feeskim work is in Trading (/wiki/markets/trading) .

Can the fees change after I la…g. The values above were read live on 218 September 2026 off component_tdx_2_1cr3qm57…6d6g7zgg, the CaperMain named by the registry the link now points atzqsy8n…aruhv43pm, the CaperMain the registry named at that moment. A logic upgrade moves that address without touching the registry, and it has moved more than once since this line first carried a reading, so resolve current_main yourself rather than trusting the address printed here. Changing any of them takes … now pays its own network fee.

Can the fees change after I la…/component/component_tdx_2_1cr65qc2r33ky36j49lp3mdee7x45pzewr8dp0q6z2ya57mkajmtch9f8dl07k744cd0ekefyxf450r93jjwe9ewl6shl4zqr8vngjmnnxg) and read the fields off the… now pays its own network fee.

Can the fees change after I la…he rate is half the peak by 1.301% of supply sold, 1% by 10.8%, and never below 0.5%halves every 10% sold after that Proposal fee 500 XRD Flat, p… now pays its own network fee.

Can the fees change after I la… none Collateralization peak 0.051 Sizes the founder reward (/w… the rate is half the peak by 6.751.3% of supply sold and never reaches zero, 1% by 10%, and never below 0.5% Proposal fee 500 XRD Flat, p… now pays its own network fee.

The life of a caper Every cap…serve backs everytoken.3GOVERNAnyone holding the token proposes oneaction. The market settles it: holding isconsent, Holders rank up to four actions on aballot. The market ratifies the winner:selling is dissentthe veto.4GROWThe treasury compounds. …govern → grow · exit any time.

How do I join a caper without …llowlist. How pricing and the fee legstrade fee work is in Trading (/wiki/markets/trading) .

How much does it cost to start…0.5% trade fee is charged on both legs, but the two legs land in different places – the buy leguys only, and it is paid into the treasury of the caper being bought, the. A sell leg into the treasury of the root $XRD caper, where every sell, swap and exit fee on the platform pools. Nothing is split between the twopays no trade fee. Raising funds (/wiki/markets/raising-funds) works both legsthe fee through, and Trading (/wiki/markets/trading) covers what happens wa swap, which sells one caper and buys anothenr a swap firend so pays them at fee once.

Can the fees change after I la…s Trade fee 0.5% Charged on both legs – the buy leg intouys only, into the treasury of the caper you buy, the. A sell leg into the root $XRD caperpays none Collateralization peak 0.05 … now pays its own network fee.

Can the fees change after I la…er Collateralization peak 0.075 Sizes the founder reward (/wiki/markets/raising-funds) , and decays to nothing by 30% of supply sold; the rate is half the peak by 6.75% of supply sold and never reaches zero Proposal fee 500 XRD Flat, p…he values above were read on 168 September 2026 off component_tdx_2_1cq6jcm9…cq2wd3nar3qm57…6d6g7zgg, the CaperMain named by the r… now pays its own network fee.

Can the fees change after I la…per Collateralization peak 0.1075 Sizes the founder reward (/…/component/component_tdx_2_1cr7l4u0c6rwktxk89k2g5fsdexdjftnurllnxenz0kpzfasmndvzzv65qc2r33ky36j49lp3mdee7x45pzewr8dp0q6z2ya57mkajmtch9) and read the fields off the…ng twice, because this page hads earned it: until today twice. Until 12 September 2026 it cited a registry the genesis redeploy ofat the 11 September 2026redeploy had already retired, and that retired registry kept answer. The full redeploy of 15 September 2026 retired the next one, and the lingk andbove kept naming its own retired logicpointing at it until 16 September. Both retired registries kept answering. The values above were read on 126 September 2026 off component_tdx_2_1cq64v5tw…jjflhcrjcm9…cq2wd3na, the CaperMain the live registry names nownamed by the registry the link now points at. Changing any of them takes … now pays its own network fee.

Can the fees change after I la…he caper’s own treasury Vote rate 0.0mint 1 Soulbound v minted per XRD – of gross trade value on buys and sells, and of the vote fee, so a ballot mints exactly 1ranked ballot cast – the only member-facing source there is. Trading mints none; the vote_rate field this row named until 11 September 2026 is gone from the component altogether Voting period voting_period_…o/component/component_tdx_2_1cqtsx3p6kxwc7lc0av6x7k6rasf2lqwhcxhlr3zf2t32jff3hfv2ttr7l4u0c6rwktxk89k2g5fsdexdjftnurllnxenz0kpzfasmndvzzv) and read the fields off the… Gateway returns an entity. The values above were read that wayat warning is worth reading twice, because this page had earned it: until today it cited a registry the genesis redeploy of 11 September 2026 had already retired, and that retired registry kept answering and kept naming its own 7retired logic. The values above were read on 12 September 2026, off component_tdx_2_1cq64v5tw…jjflhcr, the CaperMain thate live registry then namednames now. Changing any of them takes …ath carries no waiting period todayon this deployment: the registry’s own upgrade_delay_seconds reads 0. One floor is worth understanding, because it is the only place a fee is pinned to something else. Settling a proposal is permissionless, and whoever calls it draws gas from the caper’s own treasury That is now fixed for the registry’s life rather than merely unset – the 11 September 2026 redeploy made the delay a constructor argument and deleted set_upgrade_delay, so not even the admin badge can shorten the window in which holders exit under known-good logic. scripts/redeploy.ts passes 48 hours on mainnet and 0 on Stokenet. One line this schedule used to carry is gone. Settling a proposal is permissionless, and until 11 September 2026 the caper’s own treasury reimbursed whoever called it – up to 5 XRD a call against …500 XRD per-proposal allowance. T pinned to the proposal fee is that allowance exactly, so a proposal can never cost more treasury to settle than the member who raised it paid in, so a proposal could never cost more to settle than the member who raised it had paid in. That subsidy was removed outright, along with lock_settlement_fee, the allowance ledger and every gas parameter on the crank path. It went because the engine draws locked fees in reverse lock order, so the treasury’s lock was consumed before the caller’s and quietly paid the first 5 XRD of any transaction that contained one settle-path call, whatever else that transaction did. Every crank now pays its own network fee.

How does governance work once …g are all permissionless, and the setteach caller path is reimbursed from the caper’s treasury, so the member who raised the proposal is not also on the hook for running itys their own network fee – the treasury reimbursement that used to cover the settle path was removed in the redeploy of 11 September 2026. The history of how this arra…ng (/wiki/governance/voting) .

How do I leave and get my mone…okens. Vote tokens are earned twoone ways: by trading (/wiki/markets/trading) , at 0.01 per XRD of gross value on buys and sells alike, and by voting (/wiki/governance/voting) , at one per ballot cast. So the exit opens from your first tradecasting a ranked ballot (/wiki/governance/voting) , which mints exactly one. Buying, selling, migrating and plain transfers mint none. Trading did mint them, at 0.01 per XRD of gross value, until the redeploy of 11 September 2026 removed the trade-side mint – so the exit now opens orn your first ballot, and a position that reached your account some other way – a transfer, a migration (/wiki/markets/raising-funds) –not before. A holder who has only ever bought can still be soldsell back to the curve whenever they like, but cannot claim a share of the treasury until its holder has traded or votedthey have voted on something. Influence and exit rights ca… drift apart because they are now the same quantity, and that quantity is now bounded by participation rather than by capital. The exit right (/wiki/dao-g…-period window has to be open.

The life of a caper Every cap…ON1LAUNCHOne transaction mintsthe token, treasury,and bonding curve —and hands you afounder badge.2TRADEAnyone buys or sellson the curve. Pricefollows supply; thereserve backs everytoken.3GOVERNAnyone holding thetoken proposes oneaction. The marketsettles it: holding isconsent, selling isdissent.4GROWThe treasurycompounds. Invest inothercapers. $CAPERindexes them all.Exit any time…govern → grow · exit any time.

Can the fees change after I la…ints exactly 1 Voting period 600 voting_period_in_seconds How long the ballot st…yment, not a production figure P – read the live value off the component rather than off this page Market window proposal_window 48 hour_in_seconds How long the market has to v…d a new package retunes both TWAP window 7 days TBaseline window twap_window_in_seconds The length of the trailing average that sets …e the window is judged against – a logic constant, retuned the same way Those are live values rather than documented ones, – the three windows are given as the field to read, because they are tuning that moves – and the point of the column i…s above were read that way on 67 September 2026, off the Caper… member who raised it paid in.

How does governance work once …the trigger locks the caper’s seven-daytrailing average token price as a baseline and opens a forty-eight-hourthe market window. When that window clos…ng (/wiki/governance/voting) .

Can the fees change after I la…gger rather than from creation. Drill tuning as well – it is declared beside the voting period in the same logic package, and a new package retunes both TWAP window 7 days The trail…o/component/component_tdx_2_1cpqacn370778ukah6zs08jyeunyu4t52hj8dnay8nmf5ny62yar3rvqtsx3p6kxwc7lc0av6x7k6rasf2lqwhcxhlr3zf2t32jff3hfv2tt) and read the fields off the…tly as healthy as a live one. The values above were read that way on 31 August 2026An address that names nothing at all is quieter still. The Radix Gateway answers state/entity/details for any well-formed address with an empty items list rather than an error, and an explorer renders a page for it at HTTP 200, so an address pointing at no entity on the ledger passes a link check exactly as a live one does; the only test that separates them is whether the Gateway returns an entity. The values above were read that way on 6 September 2026, off the CaperMain that registry then named. Changing any of them takes … member who raised it paid in.

How does governance work once …proposals) names exactly one executive action, and there are five kinds:option kind, and there are six: five executive ones – PAYOUT (send treasury funds t… caper’s own mutable metadata) – and one that executes nothing, DEBATE, a position in an argument that can be ranked and can win outright, and ends there. Raising one takes a proof th…islative pass does not execute. It, and where the winner is a DEBATE position there is no second phase at all: the contract refuses to trigger one, so the tally is the end of it. Where the winner is one of the five executive kinds, the pass makes the proposal triggerabl…ng (/wiki/governance/voting) .

Where next Start with What is…m-an-ai-agent) documents the read-only MCP servers and the plain-HTTP reads. Questions? Try the FAQ (/wiki/help/faq) .

How do I leave and get my mone…tokens. Vote tokens are earned two ways: by trading (/wiki/markets/tr… value on buys and sells alike, and by voting (/wiki/governance/voting) , at one per ballot cast. So the exit opens from your first trade or your first ballot, and a position that reached …ry until its holder has traded or voted. Influence and exit rights ca…-period window has to be open.

Can the fees change after I launch? No – not by you, not per caper…and never assigned again. The deployed CaperMain (https://dashboard.radixscan.io/component/component_tdx_2_1cqtt9nzqg5qtgzwh5uj89rn4287f458wnh6gcqfw99k2uydl2wq5fr) exposes eighteen public methods –exposes the trade paths, the proposalgovernance paths, exit, withdraw_founder and twoa handful of address reads – and not one o…the August 2026 redeployment. What the schedule holds today: Lever Live value What it does … of supply sold Proposal fee max(500 XRD, 10%) The greater of 500 XRD and a tenth of the Flat, paid at creation, kept whether the proposal passes or fails; overpayment is returned Proposal fee rate 10% The execution fee on the winning action'’s XRD value; overpayment is returned, charged at the trigger – and waived when the ballot returns “treasury pays” Vote fee 100 XRD Charged per ranked ballot, into the caper’s own treasury Vote rate 0.01 Soulbound v minted per XRD – of gross trade value, on buys and sells alike Proposal window 48 hours How long a proposal stays open before anyone can settle it, and of the vote fee, so a ballot mints exactly 1 Voting period 600 seconds How long the ballot stays open. Drill tuning for the Stokenet deployment, not a production figure Proposal window 48 hours How long the market has to veto, running from the trigger rather than from creation TWAP window 7 days The trail… that sets the price baseline a proposalthe window is judged against Those are …hem instead of trusting them: all six areevery one is a readable fields on whichever logic component …s above were read that way on 2831 August 2026. Changing any of them takes a w…ent and a move of the registry'’s current_main. That is the pl…ing period today: the registry'’s own upgrade_delay_seconds reads 0. One floor is worth understandi…ls it draws gas from the caper'’s own treasury – up to 5 XRD a…al allowance. The proposal fee's 500 XRD minimum is that allowance exactly, so a proposal can never cost… member who raised it paid in.

How does governance work once I hold a token? You do not vote. A caper has no ballot box, no ranking and no quorum, and the deployed contract has no vote method to callvote, and then the market votes. Holding a caper'’s token makes you a member whose trading is thetwice over: you can cast a ranked ballot on any proposal, and your trading is a second, continuous signal: – holding is consent, and selling is the vote against. A proposal (/wiki/governance/…INVEST (buy into another caper'’s curve), DIVEST (sell a held position back into that caper'’s curve), UPGRADE (swap the platform'’s shared logic, reserved to th…d METADATA (rewrite this caper'’s own mutable metadata). Raisi…hold at least one of the caper'’s tokens, plus the fee above. Creating the proposal500 XRD legislative fee. Phase one. The proposal carries between two and five options, one of which is always a “Do nothing”. Members rank all of them – 100 XRD a ballot, which mints them 1 soulbound v – and a permissionless crank folds the ballots into a Borda tally. The leading option passes only if its share of the weight actually cast clears 1.5 / option_count: 75% on a two-option ballot, 30% on a five-option one. There is no turnout quorum; the bar is a share of what was cast. Phase two. A legislative pass does not execute. It makes the proposal triggerable, and the trigger locks the caper'’s seven-day average token pric…rty-eight-hour window. When theat window closes, anyone can settlresolve it, and the test is one comp…n: the proposal passes if the live priceTWAP over the window itself is at or above the baseline it was created against. A market that held is consent; a market that fell is a rejection. Nobody counts anything, and there is nothveto on a decision the members had already taken. Tallying, to turn out for. Settlriggering, resolving and executing are bothall permissionless, and bothe settle path is reimbursed from the caper'’s treasury, so the member who …o on the hook for running it. What all of this replThe history of how this arrangement was reached – ranked ballots, a Borda count, a staked ballot box and a market veto – is described on voting (/wiki/governance/voting) , along with the one thing that survived it: the vote tokenincluding the two days in August 2026 when the ballot was removed entirely – is on voting (/wiki/governance/voting) .

The life of a caper Every cap…serve backs everytoken.3GOVERNHoldersAnyone holding thetoken proposes oneactions, rank-votewith sk. The marketsettles it: holding in the game,and execute on-chainsconsent, selling isdissent.4GROWThe treasurycompounds. I…govern → grow · exit any time.

How much does it cost to start…fee schedule for all of them. Raising aThe proposal and casting a vote are bothfee is paid into your own treasury. …hen a swap fires them at once.

Can the fees change after I launch? Yes, butNo – not by you and, not per caper. All four levers – the trade fee, the collateralization peak that sizes the founder reward (/wiki/markets/raising-funds) , the proposal fee and the vote fee – are, and as the platform is deployed today, not by anyone. Every lever is a stored fields on the one shared logic component everyach caper trades through, rewritten together by a single update_fees call restricted to the registry's protocol admin badge. Your caper's proposals (/wiki/governance/proposals) govern its treasury, not the schedule it trades under. What that badge cannot do is move them anywhere it likes. Every one of the four arrives with an assertion: Lever Live value What the contract enforces Trade fee 0.5% Must sit in [0, 10%] – a ceiling twenty times the current rateonce when that component is instantiated and never assigned again. The deployed CaperMain (https://dashboard.radixscan.io/component/component_tdx_2_1cqtt9nzqg5qtgzwh5uj89rn4287f458wnh6gcqfw99k2uydl2wq5fr) exposes eighteen public methods – the trade paths, the proposal paths, exit, withdraw_founder and two address reads – and not one of them is a setter. The component this replaced had one, update_fees, and it did not survive the August 2026 redeployment. What the schedule holds today: Lever Live value What it does Trade fee 0.5% Charged on both legs – the buy leg into the caper you buy, the sell leg into the root $XRD caper Collateralization peak 0.15 Must sit in [0, 0.15];Sizes the founder's sub-5% ceiling is derived from it reward (/wiki/markets/raising-funds) , and decays to nothing by 30% of supply sold Proposal fee max(500 XRD Must cover the per-proposal settlement-gas budget, which is itself 500 XRD Vote fee 100 XRD Must be non-negative – the one lever with no ceiling, 10%) The greater of 500 XRD and a tenth of the action's XRD value; overpayment is returned Vote rate 0.01 Soulbound v minted per XRD of gross trade value, on buys and sells alike Proposal window 48 hours How long a proposal stays open before anyone can settle it TWAP window 7 days The trailing average that sets the price baseline a proposal is judged against Those are live values rather… column is that you can check ithem instead of trusting ithem: all foursix are readable fields on whiche…e registry currently points at, so r. Resolve current_main on the registry (https://stokenet-dashboard.radixdlt.comscan.io/component/component_tdx_2_1crd7wmgsa465q4ceqnlcwh9pc8pmsxhdthat86379axx74cse5ml4dpqacn370778ukah6zs08jyeunyu4t52hj8dnay8nmf5ny62yar3rv) and read the fields off the component it names. R – resolve it there rather than copying an address:, because a retired registry keeps answ…s naming its own retired logic component, so a stale citation looks ex…e. The values above were read from the logic component that registry currently names (https://stokenet-dashboard.radixdlt.com/component/component_tdx_2_1cr0wpsnnfk3rkxzkn9e39n2su5sgd9nctfcxh4rmt9dtpre2ngalht) that way on 268 August 2026, and all four survived the platform's 25 August redeployment unchanged. Two numbers on that same component are not on the list, and the omission is the safeguard. voting_period_in_seconds and execution_delay_period_in_seconds – 600 each. Changing any onf the live deployment, the ten-minute window a proposal stays open and the ten-minute wait before a passed one can execute – are written once when a logic component is instantiated and never assigned again. CaperMain exposes exactly two admin setters – update_fees, whose four arguments are the levers above, and update_veto, which tunes the market veto (/wiki/governance/execution) 's drop threshold and tm takes a whole new logic component and a move of the registry's current_mailn. Neither takes a voting or execution-delay period, so the badge that can retune every fee in place cannot shorten the window you get to vote in. It can lengthen the wait before a passed proposal settles, through the veto tail, which is a different thing and a much less dangerous one. Moving either takes a whole new logic component plus a move of the registry's current_main, which is the platform-upgrade path: open toThat is the platform-upgrade path, and it is open to two callers: the protocol admin badge, and also to a settled $CAPER UPGRADE prop… (/wiki/governance/proposals) , which reaches the registry through propose_main_via_governance, which is – gated to the current logic component rather than to any operator key. Thate path carries no waiting period today –: the registry's own upgrade_delay_seconds read 0 at state version 424790388. The proposal-fes 0. One floor is the one worth understanding, because it is the only fee the badge cannot cutplace a fee is pinned to something else. Settling a proposal is permi…s, and whoever calls it draws the gas from the caper's own treasury – up to 5 XRD a call against a 500 XRD per-proposal allowance. That allowance is a fixed contract constant, and it is the proposal fee that is pinned to it rather than the other way round, so a proposal can never cost more treasury to settle than the member who raised it paid in. Cut the fee below it and the settle path would start bleeding the treasury; the contract refuses the calle proposal fee's 500 XRD minimum is that allowance, so a proposal can never cost more treasury to settle than the member who raised it paid in.

How does governance work once I hold a token? Holding a caper's token makes you a voting member. You can raise a proposal (/wiki/governance/proposals) or rank every option on someone else's. Proposals are settled by a Borda count over complete rankings (/wiki/dao-governance/concepts/voting/ranked-and-alternative-ballot-methods) , so partial or duplicated ballots are rejected outrighYou do not vote. A caper has no ballot box, no ranking and no quorum, and the deployed contract has no vote method to call. Holding a caper's token makes you a member whose trading is the signal: holding is consent, and selling is the vote against. A proposal that passes executes on-chain. Th(/wiki/governance/proposals) names exactly one executive actions a caper c, and takhere are Payoutfive kinds: PAYOUT (send treasury funds to a recipient), InvestNVEST (buy into another caper's curve), DivestIVEST (sell a held position back into that caper's curve), Vote (cast this caper's weight in another caper's governance) and Upgrade (swap the platform's shared logic, reserved to the $CAPER caper). Voting is two acts rather than one: you stake governance tokens into the caper's ballot box, then cUPGRADE (swap the platform's shared logic, reserved to the $CAPER caper) and METADATA (rewrite this caper's own mutable metadata). Raising one takes a proof that you hold at least one of the caper's tokens, plus the fee above. Creating the proposal locks the caper's seven-day average token price ast a completbaseline ranking agaid openst a proposal. Each accepted ballot earns a soulbound vote token, minted whenforty-eight-hour window. When the window closes anyone can settle it, and the test is one comparison: thate proposal's ballots are released r passes if the live price is at or above the baseline it was created against. A market thather than at the moment you cast, and your voting weight (/wiki/governance/voting) is the product of the staked balance and that accumulated record – so a large balance that has never voted counts for very little, and a long record with no stake counts for nothing eitherld is consent; a market that fell is a rejection. Nobody counts anything, and there is nothing to turn out for. Settling and executing are both permissionless and both reimbursed from the caper's treasury, so the member who raised the proposal is not also on the hook for running it. What all of this replaced – ranked ballots, a Borda count, a staked ballot box and a market veto – is described on voting (/wiki/governance/voting) , along with the one thing that survived it: the vote token.

How do I leave and get my mone…ing back your tokens and your vote recordtokens (/wiki/governance/voting) together —– the contract requires both —– and take your share of the treasury. The vote record has to exist first, and it is minted when a proposal'at share is (t · v) / (V · T): what you hand in, over the caper's whole vote supply and its circulating tokens. Vote tokens are earned by trading (/wiki/markets/trading) , at 0.01 per XRD of gross bvallots are released, sue on buys and sells alike. So the exit opens from your first released ballot rather than from your first cast. That share is your voting weight, the same product of stake and participation that decides your vote, so itrade, and a position that reached your account some other way – a transfer, a migration (/wiki/markets/raising-funds) – can still be sold to the curve but cannot claim the treasury until its holder has traded. Influence and exit rights can nevernot drift apart because they are now the same quantity. The exit right (/wiki/dao-g…-period window has to be open.

How do I start a DAO on Caper?…details below. - Connect. Tap Connectthe wallet icon in the top navbar and sign th…ontract rules for every caper.

What do I need before I can ta…wallet, and nothing else. Tap Connectthe wallet icon in the top navbar, – it carries no text label, and its accessible name is “Connect wallet” – then choose an account, and sign the connection chall…and linked, come back and tap Connectthe wallet icon.

Can the fees change after I la…m/component/component_tdx_2_1czd3cm28fkq6f08c9y52w0tw56p4k6dz5h3uf76jrmpgm8a8ashuey) and read the fields off the component it namesrd7wmgsa465q4ceqnlcwh9pc8pmsxhdthat86379axx74cse5ml4d) and read the fields off the component it names. Resolve it there rather than copying an address: a retired registry keeps answering, and keeps naming its own retired logic component, so a stale citation looks exactly as healthy as a live one. The values above were read from the current logic component that registry currently names (https://stokenet-dashboard.ra…m/component/component_tdx_2_1cpn5xl5esqkj2f72zs3svxav3awqp4yu768zzwd8ye7au06lt7xlcrr0wpsnnfk3rkxzkn9e39n2su5sgd9nctfcxh4rmt9dtpre2ngalht) on 1926 August 2026, at 09:12 UTC, at ledger state version 424789579, and every one of them was unchanged from the previous reading a day earliernd all four survived the platform's 25 August redeployment unchanged. Two numbers on that same com…ted and never assigned again. update_fees is CaperMain's only setter and it takes four arguments, none of them a period, so the badge that can retune every fee in place cannot shorten the window you get to vote inCaperMain exposes exactly two admin setters – update_fees, whose four arguments are the levers above, and update_veto, which tunes the market veto (/wiki/governance/execution) 's drop threshold and tail. Neither takes a voting or execution-delay period, so the badge that can retune every fee in place cannot shorten the window you get to vote in. It can lengthen the wait before a passed proposal settles, through the veto tail, which is a different thing and a much less dangerous one. Moving either takes a whole …the contract refuses the call.

Can the fees change after I la…sal allowance. That allowance was set deliberately equal to the proposal feeis a fixed contract constant, and it is the proposal fee that is pinned to it rather than the other way round, so a proposal can never cost…the contract refuses the call.

How does governance work once …eserved to the $CAPER caper). Each vote you cast mints a soulbound vote tokenVoting is two acts rather than one: you stake governance tokens into the caper's ballot box, then cast a complete ranking against a proposal. Each accepted ballot earns a soulbound vote token, minted when that proposal's ballots are released rather than at the moment you cast, and your voting weight (/wi…ce/voting) is the product of yourthe staked balance and that accumulated record —– so a large balance that has n…ake counts for nothing either.

How do I leave and get my mone…ke your share of the treasury. The vote record has to exist first, and it is minted when a proposal's ballots are released, so the exit opens from your first released ballot rather than from your first cast. That share is your voting wei…-period window has to be open.

Can the fees change after I la…u768zzwd8ye7au06lt7xlcr) on 189 August 2026 at 21:0909:12 UTC, at ledger state version 424323863789579, and every one of them was unchanged from the previous reading a day earlier. Two numbers on that same component are not on the list, and the omission is the safeguard. voting_period_in_seconds and execution_delay_period_in_seconds – 600 each on the live deployment, the ten-minute window a proposal stays open and the ten-minute wait before a passed one can execute – are written once when a logic component is instantiated and never assigned again. update_fees is CaperMain's only setter and it takes four arguments, none of them a period, so the badge that can retune every fee in place cannot shorten the window you get to vote in. Moving either takes a whole new logic component plus a move of the registry's current_main, which is the platform-upgrade path: open to the protocol admin badge, and also to a settled $CAPER UPGRADE proposal (/wiki/governance/proposals) through propose_main_via_governance, which is gated to the current logic rather than to any operator key. That path carries no waiting period today – the registry's own upgrade_delay_seconds read 0 at state version 424790388. The proposal-fee floor is th…the contract refuses the call.

Can the fees change after I la…ives with an assertion: Lever TodayLive value What the contract enforces T…he one lever with no ceiling Those are live values rather than documented ones, and the point of the column is that you can check it instead of trusting it: all four are readable fields on whichever logic component the registry currently points at, so resolve current_main on the registry (https://stokenet-dashboard.radixdlt.com/component/component_tdx_2_1czd3cm28fkq6f08c9y52w0tw56p4k6dz5h3uf76jrmpgm8a8ashuey) and read the fields off the component it names. The values above were read from the current logic component (https://stokenet-dashboard.radixdlt.com/component/component_tdx_2_1cpn5xl5esqkj2f72zs3svxav3awqp4yu768zzwd8ye7au06lt7xlcr) on 18 August 2026 at 21:09 UTC, at ledger state version 424323863. The proposal-fee floor is the …the contract refuses the call.

How much does it cost to start…sts to run a caper is separate, and set per caper: raising a proposal and casting a vote both carry fees that go to your own treasury, and tradeit is not a per-caper setting: every caper on the platform trades through one shared logic component that holds a single fee schedule for all of them. Raising a proposal and casting a vote are both paid into your own treasury. The 0.5% trade fee is charry a flat 0.5% split between yourged on both legs, but the two legs land in different places – the buy leg into the treasury andof the protocol's base caper. Those figures arcaper being bought, the sell leg into the treasury of the root $XRD caper, where every sell, swap and exit fee configurable rather than constants; Raising funds (/wiki/markets/raising-funds) carries the current schedul the platform pools. Nothing is split between the two. Raising funds (/wiki/markets/raising-funds) works both legs through, and Trading (/wiki/markets/trading) covers what happens when a swap fires them at once.

Can the fees change after I launch? Yes, but not by you and not per caper. All four levers – the trade fee, the collateralization peak that sizes the founder reward (/wiki/markets/raising-funds) , the proposal fee and the vote fee – are stored fields on the one shared logic component every caper trades through, rewritten together by a single update_fees call restricted to the registry's protocol admin badge. Your caper's proposals (/wiki/governance/proposals) govern its treasury, not the schedule it trades under. What that badge cannot do is move them anywhere it likes. Every one of the four arrives with an assertion: Lever Today What the contract enforces Trade fee 0.5% Must sit in [0, 10%] – a ceiling twenty times the current rate Collateralization peak 0.15 Must sit in [0, 0.15]; the founder's sub-5% ceiling is derived from it Proposal fee 500 XRD Must cover the per-proposal settlement-gas budget, which is itself 500 XRD Vote fee 100 XRD Must be non-negative – the one lever with no ceiling The proposal-fee floor is the one worth understanding, because it is the only fee the badge cannot cut. Settling a proposal is permissionless, and whoever calls it draws the gas from the caper's own treasury against a per-proposal allowance. That allowance was set deliberately equal to the proposal fee, so a proposal can never cost more treasury to settle than the member who raised it paid in. Cut the fee below it and the settle path would start bleeding the treasury; the contract refuses the call.

Topic Onboarding Requires Radix Wallet + Connector extension Auth ROLA — free, no transaction Related What is a caper (/wiki/foundations/what-is-a-caper) , Trading (/wiki/markets/trading)

You need a Radix wallet. Tap Connect in the top navbar, choose an account, and sign the connection challenge — caper uses ROLA (Radix Off-Ledger Auth), so signing is free and produces a session, not a transaction. Some surfaces are gated by an XRD balance check. Holding any XRD on the connected account unlocks them; you never send XRD to caper to authenticate. Get the wallet The Radix Wallet is a free, self-custodial app. Install it on your phone, then — on desktop — link it to your browser with the Radix Connector extension so dApps like caper can talk to it. The official portal at wallet.radixdlt.com (https://wallet.radixdlt.com/) links every download. Once installed and linked, come back and tap Connect.

Your first moves Back a caper. Browse the live capers and buy into one directly against its bonding curve (/wiki/markets/bonding-curve) — no order book, no counterparty, instant settlement. How pricing and fees work is in Trading (/wiki/markets/trading) . Launch your own. One transaction creates the token, treasury, and market. There's no allocation to configure and nothing to pre-fund — Raising funds (/wiki/markets/raising-funds) explains what happens at genesis and how founders actually earn. Take part in governance. Holding a caper's token makes you a voting member. Raise a proposal (/wiki/governance/proposals) or rank every option on someone else's – proposals are settled by a Borda count over complete rankings (/wiki/dao-governance/concepts/voting/ranked-and-alternative-ballot-methods) , so partial ballots are rejected. Each vote you cast mints a soulbound vote token, and your voting weight (/wiki/governance/voting) is the product of your stake and that accumulated record – a large balance that has never voted counts for very little. Leave whenever you want. You can always sell back to the curve, or exit outright by handing back your tokens and your vote record together – the contract requires both, and the treasury share it pays out is your voting weight, the same product of stake and participation that decides your vote. The exit right (/wiki/dao-governance/concepts/membership/rage-quit-and-exit-rights) is built into the contract, not granted by anyone. Where next Start with What is a caper (/wiki/foundations/what-is-a-caper) for the model in five minutes. If you're new to DAOs entirely, the knowledge base opens with What is a DAO? (/wiki/dao-governance/concepts/fundamentals/what-is-a-dao) and the history of how the industry got here (/wiki/dao-governance/concepts/fundamentals/history-of-daos) . Questions? Try the FAQ (/wiki/help/faq) .

Topic Onboarding Requires Radix Wallet + Connector extension Auth ROLA — free, no transaction Cost to launch 10 XRD for a 6-character cashtag, ×10 for each character shorter Related What is a caper (/wiki/foundations/what-is-a-caper) , Raising funds (/wiki/markets/raising-funds) , Trading (/wiki/markets/trading)

Starting an organization on caper takes one transaction and one payment. You connect a Radix wallet, pick a name and a cashtag, and submit; the transaction mints the token, opens the treasury, starts the bonding curve, and hands you a founder badge. The only money that leaves your wallet is the registration fee, which is 10 XRD for a six-character cashtag and rises tenfold for each character shorter. There is no allocation to configure, no treasury to pre-fund, and no application to be approved.

How do I start a DAO on Caper? Five steps, all of them in the browser: - Install the Radix Wallet and link it to your browser with the Radix Connector extension. Both are free; details below. - Connect. Tap Connect in the top navbar and sign the challenge. Signing in is off-ledger and costs nothing. - Choose a cashtag. One to six characters, uppercase letters or digits. This is the ticker your token trades under, and it fixes your registration fee. - Fill in the name and description on Create a caper (/create-caper) , then submit the transaction. You need the registration fee in XRD on the connected account before this step. - You are live. The token, treasury, and market exist from that block onward, and anyone can buy in against the curve straight away. Nothing about the organization has to be decided up front. Members arrive by buying the token, spending is decided by proposal afterwards, and the rules that govern the treasury are the same contract rules for every caper.

How much does it cost to start a caper? One payment: a registration fee in XRD, priced by how short your cashtag is. Shorter tickers are scarcer, so they cost more. Cashtag length Registration fee 6 characters 10 XRD 5 characters 100 XRD 4 characters 1,000 XRD 3 characters 10,000 XRD 2 characters 100,000 XRD 1 character 1,000,000 XRD The contract charges ten to the power of seven minus the length, and rejects the transaction if the payment is even slightly off. Cashtags must be uppercase letters A to Z or digits 0 to 9, and two are reserved by the protocol. Beyond that fee you pay only the Radix network fee for the transaction itself. There is no listing charge, no monthly cost, no minimum treasury, and no revenue share on the way in. Where the fee goes. Not to a company. Registration fees are banked in the treasury of the $CAPER caper — the first caper the protocol registered, and one whose own members hold tokens, vote, and can exit on the same terms as any other. The protocol funds itself through a caper rather than around one. What it costs to run a caper is separate and set per caper: raising a proposal and casting a vote both carry fees that go to your own treasury, and trades carry a flat 0.5% split between your treasury and the protocol's base caper. Those figures are configurable rather than constants; Raising funds (/wiki/markets/raising-funds) carries the current schedule.

What do I need before I can take part? A Radix wallet, and nothing else. Tap Connect in the top navbar, choose an account, and sign the connection challenge — caper uses ROLA (Radix Off-Ledger Auth), so signing is free and produces a session, not a transaction. Some surfaces are gated by an XRD balance check. Holding any XRD on the connected account unlocks them; you never send XRD to caper to authenticate. The Radix Wallet is a free, self-custodial app. Install it on your phone, then — on desktop — link it to your browser with the Radix Connector extension so dApps like caper can talk to it. The official portal at wallet.radixdlt.com (https://wallet.radixdlt.com/) links every download. Once installed and linked, come back and tap Connect.

How do I join a caper without launching one? Buy its token. Browse the live capers and buy in directly against the bonding curve (/wiki/markets/bonding-curve) — no order book, no counterparty, instant settlement, and the price follows supply rather than a quoted spread. Holding the token is what membership is; there is no separate application or allowlist. How pricing and the fee legs work is in Trading (/wiki/markets/trading) .

How does governance work once I hold a token? Holding a caper's token makes you a voting member. You can raise a proposal (/wiki/governance/proposals) or rank every option on someone else's. Proposals are settled by a Borda count over complete rankings (/wiki/dao-governance/concepts/voting/ranked-and-alternative-ballot-methods) , so partial or duplicated ballots are rejected outright. A proposal that passes executes on-chain. The executive actions a caper can take are Payout (send treasury funds to a recipient), Invest (buy into another caper's curve), Divest (sell a held position back into that caper's curve), Vote (cast this caper's weight in another caper's governance) and Upgrade (swap the platform's shared logic, reserved to the $CAPER caper). Each vote you cast mints a soulbound vote token, and your voting weight (/wiki/governance/voting) is the product of your stake and that accumulated record — so a large balance that has never voted counts for very little, and a long record with no stake counts for nothing either.

How do I leave and get my money back? Two routes, both open at any time and neither needing anyone's permission. You can sell back to the curve at the price the curve quotes, or exit outright by handing back your tokens and your vote record together — the contract requires both — and take your share of the treasury. That share is your voting weight, the same product of stake and participation that decides your vote, so influence and exit rights can never drift apart. The exit right (/wiki/dao-governance/concepts/membership/rage-quit-and-exit-rights) is built into the contract rather than granted by a vote. No majority has to approve it and no grace-period window has to be open.

Where next Start with What is a caper (/wiki/foundations/what-is-a-caper) for the model in five minutes. If you're new to DAOs entirely, the knowledge base opens with What is a DAO? (/wiki/dao-governance/concepts/fundamentals/what-is-a-dao) and the history of how the industry got here (/wiki/dao-governance/concepts/fundamentals/history-of-daos) . If you're reading this through an AI agent, Querying a caper from an AI agent (/wiki/foundations/querying-a-caper-from-an-ai-agent) documents the read-only MCP servers. Questions? Try the FAQ (/wiki/help/faq) .

Your first moves Back a caper…overnance/proposals) or rank theevery options on someone else's — each vote you cast also earns a soulbound vote token that permanently increases your voting weight (/wiki/governance/voting) , so showing up compounds. Leave whenever you want. You can always sell back to the curve, or burn your stake to claim your pro-rata share of the treasury — t– proposals are settled by a Borda count over complete rankings (/wiki/dao-governance/concepts/voting/ranked-and-alternative-ballot-methods) , so partial ballots are rejected. Each vote you cast mints a soulbound vote token, and your voting weight (/wiki/governance/voting) is the product of your stake and that accumulated record – a large balance that has never voted counts for very little. Leave whenever you want. You can always sell back to the curve, or exit outright by handing back your tokens and your vote record together – the contract requires both, and the treasury share it pays out is your voting weight, the same product of stake and participation that decides your vote. The exit right (/wiki/daos-governance/concepts/membership/rage-quit…ith What is a DAO? (/wiki/daos-governance/concepts/fundamentals/what-is…e industry got here (/wiki/daos-governance/concepts/fundamentals/history…ry the FAQ (/wiki/help/faq) .

The life of a caper Every cap…ndexes them all.Exit any time — burn your earned vote record to redeem yo– hand back tokens and vote record together; the treasury share of the treasuryis set by both.How a caper is born, traded, …govern → grow · exit any time.

Your first moves Back a caper…y — the exit right (/wiki/daos/concepts/membership/rage-quit-and-exit-rights) is…ith What is a DAO? (/wiki/daos/concepts/fundamentals/what-is-a-dao) and the histo…e industry got here (/wiki/daos/concepts/fundamentals/history-of-daos) . Questions? …ry the FAQ (/wiki/help/faq) .

The life of a caper Every caper moves through the same four stages — launch, trade, govern, grow — and a holder can exit at any point along the way. CAPER PROTOCOLThe life of a caper4 STAGESFROM ONE CLICK TO A LIVING ORGANIZATION1LAUNCHOne transaction mintsthe token, treasury,and bonding curve —and hands you afounder badge.2TRADEAnyone buys or sellson the curve. Pricefollows supply; thereserve backs everytoken.3GOVERNHolders proposeactions, rank-votewith skin in the game,and execute on-chain.4GROWThe treasurycompounds. Invest inother capers. $CAPERindexes them all.Exit any time — burn your earned vote record to redeem your share of the treasury.How a caper is born, traded, and governed.caper.networkLaunch → trade → govern → grow · exit any time.

Topic Onboarding Requires Radix Wallet + Connector extension Auth ROLA — free, no transaction Related What is a caper (/wiki/foundations/what-is-a-caper) , Trading (/wiki/markets/trading)

You need a Radix wallet. Tap Connect in the top navbar, choose an account, and sign the connection challenge — caper uses ROLA (Radix Off-Ledger Auth), so signing is free and produces a session, not a transaction. Some surfaces are gated by an XRD balance check. Holding any XRD on the connected account unlocks them; you never send XRD to caper to authenticate. Get the wallet The Radix Wallet is a free, self-custodial app. Install it on your phone, then — on desktop — link it to your browser with the Radix Connector extension so dApps like caper can talk to it. The official portal at wallet.radixdlt.com (https://wallet.radixdlt.com/) links every download. Once installed and linked, come back and tap Connect.

Your first moves Back a caper. Browse the live capers and buy into one directly against its bonding curve (/wiki/markets/bonding-curve) — no order book, no counterparty, instant settlement. How pricing and fees work is in Trading (/wiki/markets/trading) . Launch your own. One transaction creates the token, treasury, and market. There's no allocation to configure and nothing to pre-fund — Raising funds (/wiki/markets/raising-funds) explains what happens at genesis and how founders actually earn. Take part in governance. Holding a caper's token makes you a voting member. Raise a proposal (/wiki/governance/proposals) or rank the options on someone else's — each vote you cast also earns a soulbound vote token that permanently increases your voting weight (/wiki/governance/voting) , so showing up compounds. Leave whenever you want. You can always sell back to the curve, or burn your stake to claim your pro-rata share of the treasury — the exit right (/wiki/dao/concepts/rage-quit-and-exit-rights) is built into the contract, not granted by anyone. Where next Start with What is a caper (/wiki/foundations/what-is-a-caper) for the model in five minutes. If you're new to DAOs entirely, the knowledge base opens with What is a DAO? (/wiki/dao/concepts/what-is-a-dao) and the history of how the industry got here (/wiki/dao/concepts/history-of-daos) . Questions? Try the FAQ (/wiki/help/faq) .