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 volume | Pool fee | Creator | Protocol |
|---|---|---|---|
| 1 ETH | 0.01 ETH | 0.006 ETH | 0.004 ETH |
| 10 ETH | 0.1 ETH | 0.06 ETH | 0.04 ETH |
| 100 ETH | 1 ETH | 0.6 ETH | 0.4 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.