Payout address
A fee recipient. The default.
The simplest destination for a coin's income: an address that receives it and holds it. The creation form prefills the creator's own wallet, and any address can be entered instead — a multisig, a treasury, a partner, someone else entirely.
Nothing else about the coin changes. A payout address is what a coin uses when the creator wants the income to arrive and be theirs to move.
What arrives, and when
Every stream the coin produces for its creator lands here, with nothing to claim:
| Stream | When it arrives |
|---|---|
| Curve fees | as trades happen |
| The graduation fee | in the transaction that fills the curve |
| The creator's side of each swap | as swaps happen |
| What the locked liquidity collects | in batches, which run on their own and which anyone can also trigger |
Handing it on
A payout address can be passed to another address later, and only by whoever currently holds it. Nobody else can reassign it, including the protocol team, so the destination cannot be taken away from the person holding it.
That is the one difference with the contract recipients: a staking vault, a buyback or a splitter is bound at creation and never moves at all.
Choosing something else
Picking a contract instead does not change how much the coin earns — that is decided by Fees & earnings and by volume. It changes what happens to the money on arrival, and it is a statement to the people holding the coin as much as a financial choice. See Fee recipients.