Fees and revenue
Fees
These are the current fees on GIWA Sepolia. Each launch keeps the rates it was created with, so later changes do not affect it.
Summary
| Fee | When | Rate | Paid to |
|---|---|---|---|
| Creation fee | Launching a token | 0.00078 ETH | Protocol |
| Base fee | Every curve trade | 1% | 30% protocol, 70% creator |
| Creator tax | Every trade, standard mode | 0% to 10%, set by the creator | Creator |
| Anti-snipe tax | Curve purchases in the first blocks, if switched on | Starts at 99% total, falls to normal | Shared like the base fee |
| Pool fee | Every pool trade, standard mode | 1% | 30% protocol, 70% creator |
| Platform fee | Every pool trade, reward mode | 1% | Protocol |
| Holder fee | Every pool trade, reward mode | 1% or 3% | Holders |
| Protocol fee | Pool trades, if switched on | 0% by default, up to 0.1% | Protocol |
| Payout charge | Automatic holder payouts only | The lower of 0.000001 ETH and 1% of the payout | Payout operations |
| Graduation fee | Graduation | None |
The creation fee is always paid in ETH. Every other trading fee is paid in the launch's pair token.
"Protocol" means the protocol's share, which is divided as described in Protocol revenue. "Creator" means the launch's current creator recipient. See Creator rights and buyback-vest.
Limits
- The base fee, creator tax, pool fee, platform fee and holder fee are each at most 10%. On an ordinary trade, the fees together are at most 20%.
- The holder fee is either 1% or 3%.
- Reward-mode launches have no creator tax.
- The anti-snipe tax is the only exception to the 20% limit. See Anti-snipe tax.
How the base fee is shared
On every curve trade, 30% of the base fee goes to the protocol and 70% to the creator. If the creator has switched on buyback-and-vest, half of the creator's 70% goes to buying back their token instead of being paid out.
With a 1% base fee, a curve trade therefore pays:
| Buyback off | Buyback on | |
|---|---|---|
| Protocol | 0.3% | 0.3% |
| Creator, paid out | 0.7% | 0.35% |
| Creator, bought back and vested | 0% | 0.35% |
The creator tax is always paid out to the creator in full. The standard-mode pool fee is shared the same way as the base fee.
Reward mode
Reward-mode launches pay the same 1% base fee on the curve, shared the same way, but have no creator tax. After graduation, the platform fee goes to the protocol and the holder fee is shared among holders. See Holder rewards.
Fee-free trades
Creator buybacks and the protocol's GAMA buybacks pay no trading fees.
Where fees are held
Fees are not sent out at trade time. They are recorded in the fee escrow, and each recipient claims their share from there. See Fee escrow and claims.