Fees

Protocol ETH from trading and from the vault is collected onchain by GhostRevenueRouter. From there it is split between Ghost NFT rewards (active locked $GHOST) and the team. The team pulls its share; Ghost owners claim theirs on each NFT.

Protocol $GHOST fees are burned. NFT rewards stay ETH-only.

Vault actions

Action	How the fee works
Shield	Deposit into a note. No protocol fee.
Private send	Note to note. No protocol fee.
Feed from the vault	Lock private $GHOST into a Ghost you own. No protocol fee.
Reappear	Exit a note to a public address. Pays a protocol fee.
Private swap	Unshield, trade, reshield. Pays a protocol fee once.

Gas, relayer tips, and any public-market execution costs sit on top of that.

Ghost level

An active Ghost discounts the reappear and swap protocol fee. The owner may submit the exit themselves, or sign the exit hash so a relayer can. Higher lock tiers discount more. The token id is public — that Ghost links to the exit; the recipient can still be a fresh address.

See Rewards and Private accounts.