> For the complete documentation index, see [llms.txt](https://the-heist-1.gitbook.io/the-heist-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://the-heist-1.gitbook.io/the-heist-docs/faq.md). # FAQ ## Is LOOT's target price guaranteed? No open-market price is guaranteed by decree. What The Heist actually guarantees is mechanical: the [Printer](/the-heist-docs/how-it-works/the-peg-and-the-printer.md) automatically creates more supply and captures the premium whenever the market pushes LOOT above target, and [the Floor](/the-heist-docs/how-it-works/the-floor.md) gives every holder a permanent cash-out value that redemptions can never lower, and that's otherwise built to climb. The market price can still move around above that floor — the guarantee is on the floor itself, not on eliminating every price swing above it. ## What happens if I do nothing after staking MERRY? Your stake keeps earning — your loyalty bonus keeps building, payouts keep accruing. The one place doing nothing can actually cost you is an **unclaimed LOOT batch**: it sweeps away 90 days after you're allocated it, if you never claim it. See [The Hideout](/the-heist-docs/how-it-works/the-hideout.md). ## Why does selling LOOT sometimes cost more than buying it? Only below target, and only gradually — see [Trading & Dynamic Fees](/the-heist-docs/how-it-works/trading-and-dynamic-fees.md). Above target, buying and selling cost exactly the same. The extra cost below target exists to make buying back toward target relatively more attractive than continuing to sell into a dip, and whatever it collects funds the Floor directly. ## Can the team change the fees or create more MERRY later? MERRY's 100,000 cap is locked in the moment the token launches — there's no function that could create more, no matter who's asking. Core protocol fee rates (the ones on the [Fee Schedule](/the-heist-docs/tokenomics/fee-schedule.md) page) are just as fixed. [Yield vault](/the-heist-docs/yield-vaults/overview.md) performance fees are locked in when each vault launches, within a pre-approved range, and can never be raised afterward. Worth being upfront about: 25,000 of that fixed 100,000 (10,000 team, 15,000 treasury) is allocated to the team/treasury rather than earned through farming — see [MERRY](/the-heist-docs/tokenomics/merry.md) for the exact split. It's vested linearly over 24 months or released only through a timelocked governance process, never in one shot and never at anyone's discretion — but it's real, and it's not staking rewards. ## What actually backs the Floor? Three separate revenue streams feed it continuously: most of the WETH raised whenever the Printer sells a batch, 75% of the below-target sell tax, and 40% of every Treasury payout. See [The Floor](/the-heist-docs/how-it-works/the-floor.md). ## Why isn't there a fixed APY advertised anywhere? Every yield in this protocol — LOOT batch shares, WETH payouts, vault harvests — comes from real, changing protocol activity: trading volume, how much gets created, revenue collected. None of it is subsidized or promised at a fixed rate, so quoting one number would misrepresent how the system actually works. Rates shown in the app are always based on real, recent activity — never a projection. ## What's the difference between claiming a batch now versus later? See the full breakdown on [The Hideout](/the-heist-docs/how-it-works/the-hideout.md) — short version: claiming right away costs you a fee that shrinks to zero over 5 days and resets your loyalty streak; waiting it out (or locking it into liquidity instead) costs nothing and leaves your streak untouched. ## I have LOOT and WETH — how do I actually become a liquidity provider? Go to the **Trade** page, pick your pool, and switch to the **Create Liquidity** tab next to Swap. Deposit both tokens and you'll get a share token back. If you also want to earn MERRY on top of that, take the share token to the **Farms** page and stake it there — see [Gauge Farms & Voting](/the-heist-docs/how-it-works/gauge-farms-and-voting.md) for the full walkthrough. These are two separate steps on two separate pages, not one action. ## Where can I read the underlying code myself? The source is public. Start with [Protocol Architecture](/the-heist-docs/architecture/protocol-architecture.md) for a map of what everything does, and [Security](/the-heist-docs/security.md) for the engineering practices and review process behind it. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. 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