Fees and earnings
One step of the form decides the economics of the coin's market: what traders pay, and how what they pay is divided. Both are permanent.
What a swap costs
| Model | What it does |
|---|---|
| Dynamic | The fee follows the coin's volatility. Suggested at 0.30% when calm, 0.50% when active, 1.20% when the price is swinging, and retunable. This is the recommended setup. See Dynamic fee. |
| Flat | One rate, forever. Offered at 1% by default, and accepted at any value. |
Neither can exceed 10%, except inside a declared sniper tax window. The dynamic fee occupies one of the coin's four fee slots; a flat fee occupies none. See Fee calculators.
How each fee divides
The first cut is the LP share: the part of every swap fee that pays whoever provides liquidity to the pool. The default is 70%, and it can be set anywhere from 0% up to 99.97%.
What is left is the earning side, split three quarters to the creator and their community, one quarter to the protocol. At the default LP share:
| Slice | Share |
|---|---|
| Liquidity providers | 70% |
| Creator and community | 22.5% |
| Protocol | 7.5% |
Moving the LP share moves all three together. A higher share attracts outside liquidity at the cost of the creator's own income; a lower one does the reverse.
The protocol keeps an incompressible 0.03% of every fee, taken from inside it rather than added to it, and never out of the liquidity providers' share. Two consequences: a coin advertising a very low fee still costs 0.03%, and on a small fee that cut is worth more than the protocol's usual quarter — at a 0.30% fee with the default LP share, the creator and community side is 20% of the fee rather than 22.5%.
Where the earnings land
Everything the coin earns for its creator goes to a single destination, set here and permanent: the fee recipient.
| Destination | Behaviour |
|---|---|
| The creator's wallet | the default |
| Any address | a multisig, a treasury, another person |
| A contract from the catalog | receives the income and acts on it, see Fee recipients |
Two things are worth knowing about it.
Nothing has to be claimed. Curve fees and the per-swap share arrive at the recipient as trades happen. What the coin's locked liquidity collects is paid out in batches that anyone can trigger and that run on their own, so a creator who never opens the app still receives everything.
A plain address can be handed on, but only by whoever currently holds it, so it cannot be taken away. A contract recipient cannot be moved at all.
What this step does not change
How much there is to earn is set by trading volume and by the fee above. Where it lands changes what the coin says about itself, not the size of the stream. See Creator earnings.