RevenueSplitter

Calculates and distributes realized PnL between followers, leaders, and the protocol treasury

RevenueSplitter

File: contracts/src/gov/RevenueSplitter.sol
Pattern: UUPS Upgradeable
Inherits: Initializable, OwnableUpgradeable, UUPSUpgradeable

The RevenueSplitter is called by CopyTradingVault.settleFollowerProfit() whenever realized profit needs to be distributed. It calculates and transfers the leader’s cut and the protocol fee, then returns the remaining amount to the vault for follower payout.

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State Variables

Variable	Type	Description
protocolTreasury	address	Destination for protocol fee cuts
leaderShareBps	uint256	Leader’s share in basis points (e.g. 1500 = 15%)
protocolFeeBps	uint256	Protocol fee in basis points (e.g. 300 = 3%)

Constraint: leaderShareBps + protocolFeeBps <= 10000 (100%)

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Events

ProfitSplit

event ProfitSplit(
    address indexed vault,
    address indexed token,
    uint256 totalProfit,
    uint256 leaderCut,
    uint256 protocolCut,
    uint256 followerRemaining
);

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Functions

initialize

function initialize(
    address initialOwner,
    address _treasury,
    uint256 _leaderShare,
    uint256 _protocolFee
) initializer public

Parameter	Example Value
_treasury	DAO multi-sig address
_leaderShare	1500 (15%)
_protocolFee	300 (3%)

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splitProfit

function splitProfit(
    address token,
    uint256 totalProfit,
    address leaderAddress
) external returns (uint256 followerRemaining)

Called by CopyTradingVault after approving the splitter to spend totalProfit of token.

Calculation:

$\text{leaderCut} = \frac{\text{totalProfit} \times \text{leaderShareBps}}{10000}$

$\text{protocolCut} = \frac{\text{totalProfit} \times \text{protocolFeeBps}}{10000}$

$\text{followerRemaining} = \text{totalProfit} - \text{leaderCut} - \text{protocolCut}$

The function:

1. Transfers leaderCut to leaderAddress
2. Transfers protocolCut to protocolTreasury
3. Returns followerRemaining — the vault then sends this directly to the follower

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Example Split

With leaderShareBps = 1500 and protocolFeeBps = 300, on a 1000 USDC realized profit:

Recipient	Amount	%
Leader	150 USDC	15%
Protocol Treasury	30 USDC	3%
Follower	820 USDC	82%

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Zero Management Fees

RevenueSplitter only processes realized profit. There are no recurring management fees. If a vault performs poorly, neither the leader nor the protocol collects anything — incentives are fully aligned between leaders and followers by design.