nasdegen
Launch

Where the fees go

One dollar of fees, followed to the end.

Five steps, every number read from the deployed configuration. The whitepaper has the long form.

  1. 01

    A trade pays the pool's fee

    Every pool charges 100% to 300% of each trade, chosen by the creator at launch and fixed forever. On $1,000 traded that is $1000 to $3000. The fee is paid in the asset the trade brings in, so a stock-paired coin collects part of its fees in the stock.

  2. 02

    70% is the creator side

    The creator chose at launch where it goes, and cannot change it later: their own wallet, up to 6 wallets or handles in a split, a holder reward pool (on a stock-paired coin that is a stock dividend: holders are paid in the stock), a fee module such as buyback-and-burn or the lotto, an X, TikTok, Instagram, GitHub or Twitch handle's vault, or the burn. On $1,000 traded at 100%: $700.00.

  3. 03

    30% is the protocol side

    It reaches the FeeRouter, a contract that splits whatever it holds by a constant: 15% of the fee to the cold treasury, 15% to a second protocol wallet (the FeeRouter's payee). Neither number can be edited; the two addresses can only change through a 24 hour timelock that is visible on-chain before it applies.

  4. 04

    Where the protocol share sits

    Both protocol wallets, the cold treasury and the payee, are shown live on the treasury page, and every forward the FeeRouter makes is on-chain.

  5. 05

    Everything is a receipt

    Creator payouts, handle claims, holder rewards, module rounds, forwards and burns are indexed from the chain and listed on the receipts tape with their transactions. Referrers earn 10% of the protocol side on launches they brought, paid by the treasury against the referrals ledger. The launch fee itself goes to the treasury.