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Fees and the locked split

A listed game's creator fees are split on-chain by pump.fun's fee sharing program: 60% tagger, 20% ops, 20% buys and burns $PLAYCD (6000 / 2000 / 2000 bps).

Every 5 minutes the engine re-reads each listed coin's SharingConfig and keeps it listed only if: the config is for that mint, admin_revoked is true, the shareholders are exactly those three addresses at those bps, and the coin's creator has moved to the config.

Then it calls distribute_creator_fees (graduated coins: transfer_creator_fees_to_pump_v2 first, then distribute_creator_fees_v2) when the vault holds at least 0.003 SOL and the program's own minimum. Distribute is permissionless: anyone can call it and it still pays the locked split. We do not use collect_creator_fee: on a fee-shared vault it fails with error 6050.