> ## Documentation Index
> Fetch the complete documentation index at: https://pnpprotocol.mintlify.site/llms.txt
> Use this file to discover all available pages before exploring further.

# Core Features

> Core features of PNP Exchange: creator revenue, permissionless launches, LLM oracle settlement, bonding curve liquidity, and the PNP DAO.

## Creator Revenue

Creators earn **30% of the 1% trading fee** their markets generate. As participants trade on the bonding curve, a share of volume accrues to the market creator — rewarding high-quality markets and ongoing curation.

* Earnings scale with market engagement
* Transparent on-chain accrual
* No minimum volume thresholds

## Permissionless Launches

Launch a market in seconds with a Solana wallet and USDC — no listings, no approvals. Markets become tradeable immediately after creation.

## LLM Oracle Settlement

Markets settle via structured, real-time LLM evaluation — no token-weighted dispute votes or third-party resolution councils. The oracle analyzes authoritative sources, extracts specific data points, and computes deterministic YES/NO outcomes that are committed on-chain.

* Evidence-first evaluation with time-bounded lookups
* Multi-provider consensus reduces single-model bias
* Permissionless settlement after deadlines

For markets outside the oracle's scope, the **PNP DAO** serves as the settlement backstop — DAO members review the evidence and vote on the outcome. 20% of all trading fees fund this responsibility.

## Prediction Market DEX Launchpad

Launch a prediction market on any topic: state the question, and our AI helps derive resolvability criteria. PNP bundles market creation, curve-based trading, and oracle settlement into a single protocol — no external order book, no third-party disputes, no manual hand-offs.

* One flow: create, trade, earn
* Unified UX for creators, traders, and resolvers
* On-chain primitives designed to compose together

## On-Chain Bonding Curve Trading

All trading uses an on-chain bonding curve. Prices adjust continuously with supply — so you can always buy or sell outcome tokens without needing counterparties or an order book.

* Bonding-curve AMM with predictable pricing mechanics
* Works even for long-tail, niche markets
* Always tradeable — guaranteed liquidity from creation

## Fee Distribution

PNP charges a 1% fee on all trading volume, distributed to reward the ecosystem:

| Recipient | Share |
| - | - |
| **Market Creators** | 30% |
| **PNP DAO** (settlement backstop) | 20% |
| **Protocol & Trading Incentives** | 50% |


This documentation is built and hosted on [Mintlify](https://mintlify.com), a developer documentation platform.