Fee tiers
0.01% spacing 10.02% spacing 10.03% spacing 10.04% spacing 10.05% spacing 10.1% spacing 100.15% spacing 100.16% spacing 100.18% spacing 100.2% spacing 100.25% spacing 600.4% spacing 600.6% spacing 600.8% spacing 601% spacing 1202% spacing 1203% spacing 1204% spacing 1200.01% spacing 10.02% spacing 10.03% spacing 10.04% spacing 10.05% spacing 10.1% spacing 100.15% spacing 100.16% spacing 100.18% spacing 100.2% spacing 100.25% spacing 600.4% spacing 600.6% spacing 600.8% spacing 601% spacing 1202% spacing 1203% spacing 1204% spacing 120
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Fees and the burn

Where the 1% platform fee goes, and how every movement is recorded on chain.

The split

per 100 SOL of curve volumeplatform fee 1 SOLcreator fee 0.5 SOL0.5 SOL to the coin's shape0.5 SOL buys and burns
Raydium's own protocol fee on the curve comes on top and goes to Raydium.

A keeper claims the platform fee every hour. It records each coin's share from the fee counter on that coin's LaunchLab pool. Half of each share is set aside for that coin's shape and spent at graduation. The other half goes to the burn.

The burn

The burn half buys the Feepad token on its own curve, or its pool once it has graduated, and burns exactly the amount it bought, in a separate transaction. Every trade of any Feepad coin therefore takes a little out of the supply, and the burn grows as more coins trade.

The ledger

After each action the keeper signs a memo from the Feepad key, for example feepad:v1 claim lamports=412000000 ref=<sig>. The ledger page reads these memos straight from Solana and links each one to the transaction that moved the funds. Kinds: claim, accrue, shape, compound, buy, burn.

PreviousGraduation: the CPMM pool and the drawn CLMM pool