What the fee is paid in
The fee is taken from what the trade pays out. On a buy, that is the token being bought. On a sell, it is the pair. So everyone who earns a share of the fee, a fee address included, receives both: the token from buys and the pair from sells.Rates
A token at 1% on buys and 10% on sells pays the platform 0.5% of each buy and 1% of each sell.
Where each cut goes
Same rates, different destinations. Why →
The anti-sniper toll
Buys in a launch’s opening window pay a rate decaying from up to 99% to the buy tax. The platform’s cut stays capped at 1% throughout; everything above flows through the creator’s split. Sells never pay it. Launching →Nothing changes after launch
Rates and split are enforced by the pool’s hook and immutable - by anyone.The platform cut as a formula
The platform cut as a formula
, , for bps. The platform’s share as a proportion falls as the tax rises: 50% of 1%, 25% of 4%, 10% of 10%. No tiers, no discounts.
Why volume, not market cap, sets what holders earn
Why volume, not market cap, sets what holders earn
. Market cap is not in it. A $2M token turning over its cap daily pays more than a $50M token that barely trades.
What a trader receives
What a trader receives
. The tax composes with price impact inside the swap. An aggregator that quotes the curve alone and sets
minOut from it reverts every time.
