Operations

Treasury accounting

Read-only accounting of what PrimerPad earned, what it has claimed and what remains claimable, per quote Primitive. Nothing in this module claims, swaps or buys back.

Accounting model

accrued_curve = Σ claimed_partner + partnerQuoteFee

Curve phase: claimed amounts come from indexed partner-claim transactions (exact vault outflows); claimable is the pool's on-chain partner fee accumulator.

accrued_LP = Σ position.metrics.totalClaimedBFee + Σ unclaimed(position)

After graduation: each locked DAMM v2 position reports its own claimed total and its unclaimed fees.

Column	Source
Accrued	claimed + claimable
Claimable	pool partnerQuoteFee + unclaimed LP fees of PrimerPad positions
Claimed	indexed partner claims + LP totalClaimedBFee
Wallet balance	fee claimer token account for the quote mint
Reference value	Jupiter USD price (mainnet Primitives only)

CLI

primer treasury --network mainnet
primer treasury --network devnet --treasury <FEE_CLAIMER>

Current treasury data (public devnet)

PUBLIC DEVNET Each devnet test run minted its own disposable pPRIMEQUOTE, so lines are separated by mint. On every line the wallet balance equals the claimed total, as expected for a fee claimer that never moves funds.

Fee claimer 7DQmmuq4YsRKtTHp1MDowCB84Z5YGDhTQo4xXkxgqGy6, Tue, 06 Oct 2026 04:25:19 GMT. Test quotes have no USD reference.
Quote	Mint	Markets	Accrued	Claimable	Claimed	Wallet	USD
pPRIMEQUOTE	4FY3AP…9xyutm	1	0.030313	0.026154	0.004159	0.004159	n/a
pPRIMEQUOTE	HM9Qvw…SbkVc9	1	0.044026	0.026154	0.017872	0.017872	n/a
pPRIMEQUOTE	8ddK1K…a73hRY	1	0.030313	0.026154	0.004159	0.004159	n/a

Buyback ledger

PrimerPad volumetrading on PrimerPad markets

Quote-asset feesaccrue natively in each market’s quote Primitive

Primer treasuryclaimed by the fee claimer

Manual buybackfounder-operated, not automated

$PRIMER purchaserecorded in the buyback ledger

Burn / policy actionrecorded with its transaction

Buybacks are manual. The ledger records each one for transparent accounting and future analytics.

Field	Meaning
timestamp	When the buyback was executed
sourceAssets	Quote Primitives sold, with amounts
sourceValueUsd	USD value of the sold assets
primerPurchasedUi	$PRIMER bought
executionTx	Purchase transaction signature
primerBurnedUi, burnTx	Optional burn amount and its transaction

CLI (bookkeeping only)

primer buyback list
primer buyback add --source USDX:<mint>:12.5 --usd 12.5 --primer 15000 --tx <sig> [--burned 15000 --burn-tx <sig>]

Validation

The ledger rejects malformed signatures, duplicate execution transactions, non-positive amounts and burns larger than the purchase. No buybacks are recorded yet.