PUBLIC METHODOLOGY
What PAYDOWN proves—
and what it does not.
Verification method
Reviewers validate an obligation’s category, provider, target amount, starting balance and payment route from private source documents. Public proof publishes only the minimum facts needed to understand progress. A campaign cannot enter Explore until its application is approved and both Pump transactions are independently verified at finalized commitment.
Fee policy
Pump’s creator fee is protocol-defined and can change. PAYDOWN does not add a trading fee. For PAYDOWN launches, the official sharing configuration is permanently locked to two recipients: 8,000 basis points to the campaign vault and 2,000 basis points to the PAYDOWN platform treasury. Accrued fees are not the same thing as a paid bill.
Privacy
Identity documents, medical records, account numbers and unredacted invoices belong only in encrypted private storage. Production document intake fails closed without the configured encryption key and private object store. Public receipts must be redacted and are hashed so later alteration is detectable.
Risks and boundaries
Tokens are speculative and can lose all value. Trading may produce no creator fees. Solana, Pump, wallets, RPCs, swap routes and payment providers may fail or change. PAYDOWN cannot make a provider payment atomic with an on-chain swap and never describes it that way. Manual payments require an administrator and a redacted provider receipt; an on-chain transfer alone never counts as a paid bill.
Launch readiness
The application starts with zero production campaigns and totals. A live launch additionally requires a configured RPC, permanent metadata provider, encrypted document storage, platform treasury, regulated payment provider credentials, approved campaign, and the creator’s Phantom signatures.
Open launch checklist