Treasury Policy

1. The fee is enforced on-chain

Every sale and tip on Voicescape settles through the VoicescapeTips smart contract (Hedera mainnet account 0.0.10854060). The 2% fee is computed inside the contract from two public constants — FEE_BPS (200) and BPS_DENOMINATOR (10,000) — as (payment × 200) / 10,000, executed atomically in the same transaction as the seller's 98% share.

The fee ratio is a contract constant, not configuration. It cannot drift between transactions, and there is no per-call parameter that could change it. Anyone can read FEE_BPS directly from the contract with a single call — no transaction sampling required.

2. What can change: the treasury address

The destination of the 2% fee — the treasury address — is updatable by the contract owner via the setTreasury function. The fee amount never changes; only where it is sent can change.

Every treasury change emits a public TreasuryUpdated(oldTreasury, newTreasury) event on Hedera mainnet, permanently recorded and queryable by anyone.

3. Rotation rules

The contract owner's power to rotate the treasury address is governed by these commitments:

• Advance notice: any planned treasury rotation will be announced publicly at least 7 days before it executes, stating the old address, the new address, and the reason.
• Unannounced rotation means compromise: if the treasury address changes without 7 days' prior public notice, treat it as a security incident — not a business decision. Do not trust the new destination until the change is explained.
• Rotation history to date: zero. The treasury has never been rotated since the contract was deployed.

4. How to verify independently

You do not need our permission or our word for any of this:

• Read the fee: call FEE_BPS() and BPS_DENOMINATOR() on contract 0.0.10854060 (EVM address 0x571d6d0c5d5ee7fc1e47283ad864305b7f7a88e0) via any Hedera mirror node.
• Watch for rotations: poll the mirror-node contract logs endpoint for 0.0.10854060 filtered by topic0 0x4ab5be82436d353e61ca18726e984e561f5c1cc7c6d38b29d2553c790434705a (the keccak hash of TreasuryUpdated(address,address)). Any rotation appears there as a one-line diff.
• Check any past sale: every marketplace transaction's transfer list on the mirror node shows the 98/2 split explicitly.

5. Changes to this policy

Amendments to this policy will themselves be announced publicly at least 7 days before taking effect, and the effective date above will be updated.