reading mainnet
When a holder redeems, their DOGA is routed to the project's recipient address for a buyback — circulating supply shrinks for the project, and the holder receives SUI at the fixed rate from the pool's reserve.
The exchange rate (price_mist_per_token) and the recipient address were locked at deploy time. The contract has no setter for either — no admin can change them, no governance can override them. Only the depth of the SUI reserve changes as people redeem and deposit.
Pandabox takes a 5% platform fee from the gross SUI on every redeem. The net SUI shown in the redeem panel already accounts for it.
Add more SUI to the pool's reserve so it can honour additional redeems. The pool's exchange rate and recipient don't change — only the depth.