Burns and the Storehouse
How buyback-and-burn works on Solana and the EVM chains, what the Burns page shows, and how the Storehouse reports Manna's revenue and payouts.
Two public pages show where money on Manna goes. Burns tracks every buyback-and-burn: coins buying themselves back with their fees and destroying what they buy. The Storehouse is Manna's own scoreboard: volume, launches, payouts to holders, and how Manna's 1% fee is split. This page explains both, and the mechanics behind them.
What buyback-and-burn is#
When a creator routes part of a coin's creator fee to Burn, that money is used to buy the coin on the open market and then destroy the coins bought. Two things happen:
- Buy pressure: the purchase is a real buy, at the market price.
- Less supply: the bought coins are gone for good, so every remaining coin is a slightly bigger share of the total.
Every Manna coin starts with 1,000,000,000 (1B) tokens, so a burn of 10,000,000 tokens is 1% of supply.
How burns run on Solana#
- 1Each trade's creator fee adds the Burn share to the coin's burn bucket.
- 2Every 15 minutes the keeper checks the bucket. Once it holds at least $1, the keeper buys the coin: on its launch curve before graduation, or in its Meteora pool after graduation.
- 3The keeper then burns what it bought. This is a token burn on Solana: the coins are removed and the coin's total supply goes down.
- 4The burn is logged with the amount spent and the number of tokens destroyed, with a link to the transaction.
How burns run on EVM chains#
On Robinhood Chain, Base, BNB Chain, Ethereum, Arbitrum, Optimism, Polygon and Avalanche, burns happen in Manna's factory contract.
- Before graduation: the burn vault buys the coin straight from its curve, with no trading fees, and sends the coins to the dead address
0x000000000000000000000000000000000000dEaD, where nobody can ever move them. A burn is never allowed to buy the last coins on the curve, so a burn can never be what graduates a coin. - After graduation: there is no curve to buy from, so the coin's burn share joins the holders' Harvest Drop instead. Holders get that money directly.
The keeper triggers burns once the vault holds at least $1 (more on chains with expensive gas). Anyone can call the contract's burn function; it only ever uses the coin's own burn vault.
The Burns page#
/burns shows every burn across Manna. It refreshes every 30 seconds.
| Stat | What it means |
|---|---|
| Bought back and burned | The dollar value of everything spent on buybacks, at today's prices |
| Tokens destroyed | The total number of tokens burned, across all coins |
| Burns | How many burns ran, and across how many coins |
| Last 24h | Dollar value and count of burns in the last 24 hours |
Below the totals:
- By coin: each coin with burns, ranked by dollars spent, with its share of supply burned as a percentage of the 1B supply.
- Latest burns: the 40 most recent burns, each with the amount spent, the tokens destroyed and a link to the transaction.
If no coin has burned yet, the page invites you to launch a coin with the Burn route.
Worked example#
A coin on Solana has a 2% creator fee with 30% routed to Burn. It trades $20,000 in a day.
Creator fee: $20,000 x 2% = $400
Burn share: $400 x 30% = $120Over the day the keeper spends about $120 buying the coin and burns what it gets. If the average price was $0.00002 per token, that is about 6,000,000 tokens, or 0.6% of the 1B supply.
The Storehouse#
The Storehouse is "Manna, by the numbers": everything launched, traded and paid out on Manna, live. It refreshes every 30 seconds.
Headline stats: Volume, Coins launched, Graduated, Trades, Traders and Wallets paid.
Payouts to holders: one tile each for Harvest Drops, Comeback Fund, Jackpots, Buyback and burn and Spread airdrops, with how many payouts ran and how many wallets they reached. A countdown shows the next drop, a feed lists the latest payouts by coin with links to each transaction, and a link opens the Burns page.
Manna Pass members: how many people have claimed a Manna Pass.
Where Manna's 1% goes#
On every trade of a Manna coin, Manna's 1% platform fee is split three ways:
| Share | Goes to | Status at launch |
|---|---|---|
| 40% | $MANNA buyback reserve | Held. Not spent until $MANNA is live. |
| 10% | $MANNA holders reserve | Held. Not paid until $MANNA is live. |
| 50% | Treasury | Runs Manna. |
On EVM chains the split happens inside the factory contract on every trade, and the two reserves sit in the contract. On Solana the keeper books the same split when it collects fees. The coin page shows it under About, Fees, as "40% $MANNA buyback · 10% $MANNA holders · 50% treasury".
For the first 100 coins to bond, a quarter of Manna's share of that coin (25 of the 50 points that go to the treasury) buys the coin back and burns it. The two $MANNA reserves don't change. These burns show on the Burns page too.
This split is separate from the creator fee. The creator fee goes to the creator and wherever they routed it. Manna's fee on trading-page swaps works differently again: part of it pays cashback and referrals and Manna keeps the rest.
Related#
Something wrong or missing? Tell us at hi@mannas.fun. Nothing in these docs is financial advice; see the Risk Disclosure.