Docs · 05

Fees

Every trade pays the pool 1%: 0.6% to the creator and 0.4% to the protocol, for as long as the coin trades.

Every trade in a coin's pool pays the pool 1%. The locked position earns all of it, and the split is fixed in the contracts, the same for every coin:

  • 0.6% to the coin's creator
  • 0.4% to the protocol

There is no launch fee. Creating a coin costs only gas.

In which currency

A pool fee is paid in what goes into the pool. A buy pays it in the coin's asset (ETH, a stock token, …); a sell pays it in the coin.

  • The asset side is credited on the launchpad: 60% to the creator's claimable balance, 40% to the protocol's.
  • The coin side goes out directly: 60% to the creator's wallet, 40% to the protocol's treasury.

Fees sit in the pool until someone collects them from the locker. Anyone can trigger a collection; a creator's claim does it automatically.

Claiming

Creator fees in the asset build up as a balance, and the creator claims them when they like, from Profile → Creator fees or the coin's page. A claim collects what is still in the pool and pays everything in one transaction, each coin in its own asset. Trades only add to what the pool owes, so a payment to a broken or hostile address can never block anyone's trade.

A creator can hand the role to another wallet. Unclaimed fees go with it.

What that adds up to

Trading volumePool feeCreatorProtocol
1 ETH0.01 ETH0.006 ETH0.004 ETH
10 ETH0.1 ETH0.06 ETH0.04 ETH
100 ETH1 ETH0.6 ETH0.4 ETH

A coin that people keep trading keeps paying. The best thing a creator can do is stay, and that is the only behaviour a launchpad should reward.