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1. THE VAULT holds botBTC and mbotBTC and swaps them one for one, in both directions, for anyone. It has no owner, no fee and no pause, and nobody can change it. A swap only moves tokens between its two balances, so every mbotBTC outside the vault stays matched by a botBTC inside it.
2. THE LAUNCH was one transaction: mbotBTC launched on openlaunch, 95% of its supply was bought for the vault, and the vault was seeded with 51M botBTC. There was never a moment when mbotBTC traded without a botBTC behind it.
3. THE FEE: every buy and sell of mbotBTC on openlaunch pays 3%. A third goes to each of three contracts, which anyone can harvest (a keeper does every six hours):
   • POT: sold for cbBTC and added to the mining pot that the hourly blocks are paid from.
   • BUYBACK: buys botBTC on o1 with cbBTC in small buys, at least 15 minutes apart and near its recent median price, and burns every one. Every burn.
   • MEGAPOT: buys Megapot tickets. A win of $25 or more goes to a draw among the miners of the last 24 blocks, seeded by a Chainlink price nobody knows in advance. Smaller wins go to the pot. Every ticket and its result.
   Fees paid in mbotBTC are swapped back to botBTC at the vault and burned.
4. MINING stays with botBTC. Nothing is minted for mbotBTC, and holding it earns nothing by itself; the mirror is a second market whose fees feed botBTC's.
5. THE SWAP: approve the vault for the amount, then call mirrorFrom(amount) for botBTC → mbotBTC, or botBTCFrom(amount) for mbotBTC → botBTC. The panel above does both. The vault is verified on Basescan, so it works from there too.