Where funds go
Where each NFT and wei of supporter backing goes after failure, a direct award, an FWA outcome, withdrawal, or deadline recovery.
A FWAIR campaign keeps supporter backing, artist earnings, and supporter reward tokens separate. Supporting a position does not immediately pay the artist. Its outcome determines who receives the NFT and backing.
Where each outcome sends the assets
| Outcome | Supporter receives | Artist receives |
|---|---|---|
| Campaign fails before full funding | Full backing refund | NFT entitlement |
| Direct backer award | NFT entitlement | The position’s full backing |
| Pool purchaser keeps or relists the NFT | The position’s full backing | Separate pool earnings |
| Pool purchaser takes the ETH or FWA bid | NFT entitlement; backing pays the pool settlement | Separate pool earnings |
| Supporter chooses NFT from an eligible Active listing | NFT entitlement | Backing returned by the pool |
| Supporter chooses refund from an eligible Active listing | Backing returned by the pool | NFT, or an NFT claim if delivery is delayed |
| Position remains unprocessed at the processing deadline | Full backing refund | NFT entitlement |
Settlement fees
FWAIR adds no separate campaign fee. Recognized launch listings are exempt from the owner settlement fee when a purchaser keeps or relists the NFT. The original supporter receives the full backing on those outcomes.
The exemption belongs to that launch listing. A collector who later relists the NFT creates an ordinary listing subject to the pool's usual admission and settlement rules.
The early-crown withdrawal fee still applies. Withdrawing a listing during its current crown tenure's first twelve hours deducts 1% of its backing. The campaign credits the actual returned amount: to the supporter for a refund, or to the artist when the supporter chooses the NFT. A position can have passed its campaign withdrawal delay but have become crown more recently.
Purchaser cashouts
Taking the ETH or FWA bid pays the pool's named purchaser and gives the original supporter the NFT entitlement. Under the constructor defaults, a position with 1 ETH of backing pays the purchaser 0.90 ETH through the ETH option, or spends 0.925 ETH buying FWA for them through the token option. The remaining backing follows the pool's retained-funds policy.
The pool owner controls the two rates independently, and settlement uses the current rate. The FWA rate describes ETH spent buying tokens, not a guaranteed token value. Swap fees, price impact, and the purchaser's minimum-output setting affect the swap. These purchased tokens belong to the purchaser; campaign reward tokens are shared separately among the original supporters.
Artist earnings
The artist receives ETH fees earned by the campaign's pool listings, including aggregate and crown credits. These earnings stay separate from supporter principal. Direct awards and supporters choosing an NFT at voluntary withdrawal also create artist backing credit.
Supporter token rewards
After full funding, each supported position gives its original supporter one fixed share of the campaign's harvested FWA depositor rewards. Higher backing does not create more shares. A supporter with three of one hundred positions receives three of the one hundred shares.
Shares remain with the original supporter when a position is awarded, settled, withdrawn, or refunded during a partial unwind. Selling or transferring an NFT does not transfer its campaign reward share. These are shares of rewards the campaign actually earns and harvests, not a fixed token payout.
Supporter backing is never spent on the campaign's randomness request. Its caller pays separately. See claims and recovery to collect the resulting assets.