Buybacks

Subscription HYPE is the only protocol revenue.

Creator  --HYPE-->  QuiverSubscription
                  --HYPE-->  QuiverBuyback
                  --buy-->  KLEOS launchpad (QUIVER venue)
                  --QUIVER-->  QuiverTreasury

QuiverTreasury holds bought tokens. There are no silent withdrawals in v1.

If the $QUIVER address is unset, or KLEOS launchpad cannot be read, or the launch has left its curve and the pool path is not wired, HYPE stays in the buyback contract. Anyone may call executeHeld() after the venue is ready.

Creator-token volume never enters this path.