Is this custody?
No. Your ZCAT stays in your wallet the whole time. The only thing you approve is a delegation on your ZEC account, and the program can use it for one purpose: buying you ZCAT.
What exactly am I approving?
A standard SPL token “approve” on your ZEC token account, with the Slawth's program address as delegate. Your wallet will warn that the allowance is unlimited; that is so it never needs re-approving. It covers ZEC in that account only, including any ZEC already sitting there.
What is the protected floor?
A ZEC amount the Slawth never dips below. It starts at whatever you held when you delegated, so only new payouts get compounded. It is manual on purpose: nothing lowers it automatically, so no bug and no bad guess can eat into ZEC you meant to keep.
I hold ZEC I don't want compounded. What then?
Set your floor. Raise it to shield more, lower it to release some, set it to your balance to pause without revoking. The change is one transaction you sign in the app; the Slawth and the team have no way to move it.
Can the team take my ZEC?
Not through the program. The delegate is a program-derived address that no person holds a key for, and the only code path that uses it hard-codes your own ZCAT account as the destination. The one residual trust is the upgrade key, which is burned before public launch.
Why 2%?
It pays for the gas on every Snooze and, once $SLAWTH exists, funds its buyback and burn. It is taken from the ZEC being compounded, never from your ZCAT.
Why is the fee so low?
Because the Slawth does one cheap thing, a swap, and pays for it itself. 2% of the yield covers the gas with room to spare. There is no vault to maintain, no deposit or withdrawal fee, and no fee on principal, ever.
Does it work for tokens other than ZCAT?
Yes. Any StonkFun reward token that pays out another token can be added as a market with one transaction and no new contract. USEFUL paid in USELESS is the second market; the plan is every top stonk token.
What if I revoke mid-cycle?
Compounding stops immediately. Any ZEC already in your wallet stays yours. Nothing is in flight between rounds; each Snooze is a single atomic transaction.
Why not just do this myself?
You can. Selling dust amounts of ZEC every hour by hand is tedious and costs gas each time. The Slawth times it so the fee covers the cost, pays that cost itself, and never forgets.
When does $SLAWTH launch?
After the Vawlt has run on real wallets and the proof is public. The fees collected since day one fund the buyback and burn, and every burn is published on-chain.
Is this financial advice?
No. It is a tool that automates a swap you could do yourself. ZCAT and ZEC can lose value, and payouts can stop.