diff --git a/skills/README.md b/skills/README.md
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@@ -9,6 +9,7 @@ Drop these files into your AI agent's context to give it the ability to interact
 | **Deploy Token** | [`deploy-token.md`](./deploy-token.md) | Deploy ERC-20 tokens with Uniswap V4 liquidity, custom fees, dev buys, and reward splits |
 | **Bid in Auction** | [`bid-in-auction.md`](./bid-in-auction.md) | Participate in sniper auctions for early access to newly launched tokens |
 | **Index Tokens** | [`index-tokens.md`](./index-tokens.md) | Discover, index, and monitor all Liquid Protocol token deployments |
+| **Fee Tracking** | [`fee-tracking.md`](./fee-tracking.md) | Track fee accrual, burns, and LIQ buyback cycles per token — build proof-of-burn feeds without a backend |
 
 ## How to Use
 
diff --git a/skills/fee-tracking.md b/skills/fee-tracking.md
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@@ -0,0 +1,282 @@
+# Skill: Track Fees, Burns, and Buyback Cycles on Liquid Protocol
+
+You are an AI agent that tracks fee accrual, buyback cycles, and burn events for tokens deployed on Liquid Protocol. This skill teaches you how to read on-chain fee state per token, monitor LP locker accumulation, detect buyback transactions, and build a "proof-of-burn" feed — without a backend or indexer.
+
+## What You Can Track
+
+Every Liquid Protocol token has a deterministic on-chain fee path:
+
+- 1% trading fee per swap, settled in the paired token (typically WETH or DIEM)
+- Fees accrue inside the LP locker contract until claimed by the deployer
+- The deployer's claim amount is split 80% creator / 15% deployer-defined burn / 5% LIQ buyback by the token's `LiquidityLocker` rules
+- Buyback transactions are observable as ERC-20 transfers into the burn address (`0x000000000000000000000000000000000000dEaD`) for burns, or into the `LIQ` token contract for buybacks
+
+All of this is queryable directly from Base mainnet — no backend, no API keys, no database required.
+
+## Prerequisites
+
+```bash
+npm install liquid-sdk viem
+```
+
+You need:
+- An **RPC endpoint** for Base mainnet (chain ID 8453)
+- The **token address** you want to track (or a list of them)
+
+## Setup
+
+```typescript
+import { createPublicClient, http, formatUnits, getAddress } from "viem";
+import { base } from "viem/chains";
+import { LiquidSDK } from "liquid-sdk";
+
+const publicClient = createPublicClient({ chain: base, transport: http(RPC_URL) });
+const sdk = new LiquidSDK({ publicClient });
+
+const BURN_ADDRESS = "0x000000000000000000000000000000000000dEaD";
+const LIQ_TOKEN = "0x09b8903aBf2ea0721E34427353988c2F43c6d64F";
+```
+
+## Core Tracking Methods
+
+### 1. Read Pending Fees on a Token
+
+Every Liquid Protocol token's `LiquidityLocker` exposes the unclaimed fee balance. Use the SDK convenience method to read it without manual ABI work.
+
+```typescript
+const tokenAddress = "0xBF0775cBCA2744549cD016DAb8D3b3403De58bBF"; // example: $LPAD
+
+const pending = await sdk.getPendingFees(tokenAddress);
+
+console.log(`Pending fees on ${tokenAddress}:`);
+console.log(`  amount0 (token):  ${formatUnits(pending.amount0, 18)}`);
+console.log(`  amount1 (paired): ${formatUnits(pending.amount1, 18)}`);
+console.log(`  paired token:     ${pending.pairedToken}`);
+```
+
+The returned values are raw `bigint`s. `amount0` is the token side; `amount1` is the paired-token side (typically WETH or DIEM). Format with `formatUnits(value, decimals)` for display.
+
+### 2. Detect Buyback Cycles
+
+A buyback cycle is a sequence of transactions: `claim fees → swap to LIQ (or buy LPAD) → transfer to burn address`. The end state is a transfer event into `0x...dEaD` (for burns) or into a treasury wallet (for `LIQ` buybacks). Both are observable from `Transfer` events.
+
+```typescript
+// Fetch burn transfers for a token (last N blocks)
+async function getBurnTransfers(
+  tokenAddress: `0x${string}`,
+  fromBlock: bigint,
+  toBlock: bigint = "latest" as any,
+) {
+  const logs = await publicClient.getLogs({
+    address: tokenAddress,
+    event: {
+      type: "event",
+      name: "Transfer",
+      inputs: [
+        { type: "address", indexed: true, name: "from" },
+        { type: "address", indexed: true, name: "to" },
+        { type: "uint256", indexed: false, name: "value" },
+      ],
+    },
+    args: { to: BURN_ADDRESS },
+    fromBlock,
+    toBlock,
+  });
+
+  return logs.map((log) => ({
+    txHash: log.transactionHash,
+    blockNumber: log.blockNumber,
+    from: log.args.from!,
+    amount: log.args.value!,
+  }));
+}
+
+const burns = await getBurnTransfers(
+  "0xBF0775cBCA2744549cD016DAb8D3b3403De58bBF",
+  30_000_000n,
+);
+
+console.log(`Total burn transfers: ${burns.length}`);
+let total = 0n;
+for (const b of burns) {
+  total += b.amount;
+  console.log(`  ${b.txHash} — ${formatUnits(b.amount, 18)} burned at block ${b.blockNumber}`);
+}
+console.log(`Cumulative burned: ${formatUnits(total, 18)}`);
+```
+
+### 3. Detect LIQ Buybacks
+
+A LIQ buyback is identified as a `Transfer` of `LIQ` tokens *into* a known buyback or treasury wallet, originating from a Uniswap V4 pool. Track by watching `Transfer` events on the `LIQ` token contract.
+
+```typescript
+async function getLiqBuybacks(
+  treasuryAddress: `0x${string}`,
+  fromBlock: bigint,
+  toBlock: bigint = "latest" as any,
+) {
+  const logs = await publicClient.getLogs({
+    address: LIQ_TOKEN,
+    event: {
+      type: "event",
+      name: "Transfer",
+      inputs: [
+        { type: "address", indexed: true, name: "from" },
+        { type: "address", indexed: true, name: "to" },
+        { type: "uint256", indexed: false, name: "value" },
+      ],
+    },
+    args: { to: treasuryAddress },
+    fromBlock,
+    toBlock,
+  });
+
+  return logs.map((log) => ({
+    txHash: log.transactionHash,
+    blockNumber: log.blockNumber,
+    from: log.args.from!,
+    amount: log.args.value!,
+  }));
+}
+```
+
+### 4. Build a Proof-of-Burn Feed (One Token)
+
+Combine pending fees + recent burns + recent LIQ buybacks into a single feed an agent or dashboard can consume.
+
+```typescript
+async function getProofOfBurn(tokenAddress: `0x${string}`, treasuryAddress: `0x${string}`) {
+  const fromBlock = (await publicClient.getBlockNumber()) - 100_000n; // last ~5 days on Base
+
+  const [pending, burns, buybacks] = await Promise.all([
+    sdk.getPendingFees(tokenAddress),
+    getBurnTransfers(tokenAddress, fromBlock),
+    getLiqBuybacks(treasuryAddress, fromBlock),
+  ]);
+
+  const totalBurned = burns.reduce((s, b) => s + b.amount, 0n);
+  const totalBoughtBack = buybacks.reduce((s, b) => s + b.amount, 0n);
+
+  return {
+    tokenAddress,
+    pendingFees: {
+      amount0: pending.amount0.toString(),
+      amount1: pending.amount1.toString(),
+    },
+    burns: {
+      count: burns.length,
+      total: totalBurned.toString(),
+      txs: burns.map((b) => b.txHash),
+    },
+    liqBuybacks: {
+      count: buybacks.length,
+      total: totalBoughtBack.toString(),
+      txs: buybacks.map((b) => b.txHash),
+    },
+    asOf: new Date().toISOString(),
+  };
+}
+
+const feed = await getProofOfBurn(
+  "0xBF0775cBCA2744549cD016DAb8D3b3403De58bBF", // token
+  "0xYourTreasury...", // your buyback wallet
+);
+
+console.log(JSON.stringify(feed, null, 2));
+```
+
+### 5. Real-Time Watcher (New Burns)
+
+Use `watchEvent` to stream new burns the moment they hit Base. Useful for bots that post notifications when a buyback cycle completes.
+
+```typescript
+const unwatch = publicClient.watchEvent({
+  address: tokenAddress,
+  event: {
+    type: "event",
+    name: "Transfer",
+    inputs: [
+      { type: "address", indexed: true, name: "from" },
+      { type: "address", indexed: true, name: "to" },
+      { type: "uint256", indexed: false, name: "value" },
+    ],
+  },
+  args: { to: BURN_ADDRESS },
+  onLogs: (logs) => {
+    for (const log of logs) {
+      console.log(
+        `🔥 burn: ${formatUnits(log.args.value!, 18)} at ${log.transactionHash}`,
+      );
+    }
+  },
+});
+
+// Stop watching: unwatch();
+```
+
+### 6. Aggregate Across Many Tokens
+
+Index every Liquid Protocol token, then run `getPendingFees` per token to surface where un-claimed fees are sitting.
+
+```typescript
+const allTokens = await sdk.getTokens();
+
+const heatmap: { tokenAddress: string; symbol: string; pending: bigint }[] = [];
+
+for (const token of allTokens) {
+  try {
+    const p = await sdk.getPendingFees(token.tokenAddress);
+    if (p.amount1 > 0n) {
+      heatmap.push({
+        tokenAddress: token.tokenAddress,
+        symbol: token.tokenSymbol,
+        pending: p.amount1,
+      });
+    }
+  } catch {
+    // Some tokens may not have pending fees readable — skip
+  }
+}
+
+// Top 10 by pending paired-token balance
+heatmap.sort((a, b) => (b.pending > a.pending ? 1 : -1));
+console.log("Top tokens by un-claimed fees:");
+heatmap.slice(0, 10).forEach((entry) => {
+  console.log(`  ${entry.symbol} — ${formatUnits(entry.pending, 18)} pending`);
+});
+```
+
+## Use Cases
+
+1. **Dashboard "Proof of Burn"** — display cumulative burns + buybacks for any token, sourced from Base directly. No trust required.
+2. **Buyback bot trigger** — agent polls `getPendingFees` on a schedule, calls the claim function, swaps, and burns when balance crosses a threshold.
+3. **Ecosystem leaderboard** — rank tokens by % of supply burned, total LIQ bought back, or active fee accrual to surface the most active deployments.
+4. **Alerting** — `watchEvent` for burn transfers, post a notification per cycle so holders see the contract working in real time.
+5. **Compliance / accounting** — export structured fee + burn history per token for tax / treasury reporting.
+
+## Error Handling
+
+- **`getPendingFees` reverts**: token may not have a `LiquidityLocker` (very early deploys before the locker pattern). Wrap in try/catch and skip.
+- **`getLogs` fromBlock too far back**: most public RPCs cap at 50–100k block range per request. Page through using a window loop.
+- **Treasury address unknown**: for tokens you didn't deploy, the buyback target may not be on-chain. Fall back to tracking burns only and skip the buyback half.
+- **Watch event silently drops**: `watchEvent` reconnects on RPC failures but can miss events during gaps. For exactly-once delivery, also poll `getLogs` over the last ~10 blocks every minute.
+
+## Performance Tips
+
+- Cache `getPendingFees` per token for ~30s — fees update only when swaps happen.
+- Use `Promise.allSettled` for the heatmap loop so one bad token doesn't kill the batch.
+- For real-time + reliability: combine `watchEvent` (latency) with a per-minute `getLogs` sweep (correctness).
+- The `tokenAddress` is indexed in the `Transfer` event topics, so `getLogs` against a specific address is cheap. Cross-token sweeps are more expensive — paginate carefully.
+
+## Related Skills
+
+- **deploy-token.md** — deploy a new token with the same fee structure this skill tracks.
+- **index-tokens.md** — discover every Liquid Protocol token (input for the heatmap loop).
+- **bid-in-auction.md** — agent participation in launch auctions, complementary to fee tracking.
+
+## Reference
+
+- LiquidityLocker source: see `liquid-sdk` package for the locker ABI and helpers
+- Burn address: `0x000000000000000000000000000000000000dEaD` (canonical EVM dead address)
+- LIQ token: `0x09b8903aBf2ea0721E34427353988c2F43c6d64F` (Base mainnet)
+- Live example dashboard: https://www.liquidpad.site (Proof-of-Burn section uses this exact pattern)