03Where the fees goEvery trade pays a fee, and a fixed part of it belongs to the 100 shares.

On other launchpads that part goes to the coin’s creator. Here the creator is the program. Set the amount of trading below to see what a share collects in SOL.

Trading means every buy and every sell, added up in SOL. The rates are the ones every coin on Hundred launches with.

Each share collects

0.008 SOL

All 100 shares
0.8 SOL
Holders of the 37 minted
0.296 SOL
The launcher, for the 63 not minted
0.504 SOL

The 2% fee on that trading, 2 SOL

  • The 100 shares0.8%
  • The platform0.8%
  • Meteora0.4%

On the bonding curve

A new coin trades on a Meteora bonding curve with a 2% fee on every buy and sell. The fee is taken in SOL and split three ways:

The 100 shares
0.8% of every trade
The platform
0.8% of every trade
Meteora
0.4% of every trade

The split is written into the Meteora settings a coin is launched with, and those settings cannot be changed for a coin once it exists.

Checked in the proof run

  • 10 SOL of trades on the curve put 0.08 SOL in the coin’s vault: 0.8% of what was traded.

After graduation

When the curve has collected 30 SOL, the coin moves to a Meteora DAMM v2 pool with a 1% fee. The shares then collect 0.4% of every trade, half of the rate on the curve. More in After the curve.

Checked in the proof run

  • 10 SOL of trades in the graduated pool put 0.04 SOL in the vault: 0.4% of what was traded.

Shares nobody has minted

Each of the 100 parts always goes somewhere. A part whose share has been minted goes to that share. A part whose share has not been minted yet goes to the launcher.

So a launcher starts out collecting all of the creator’s part, and gives up 1% of it for every share that gets minted. When all 100 are minted, the launcher collects nothing unless they hold shares themselves.

Checked in the proof run

  • With 2 shares minted, each got exactly 1% of a harvest and the launcher got the other 98%.
  • The launcher claimed that amount straight to their wallet.

What the platform earns

  • Its part of the trading fee, shown above.
  • 2.5% of the price when a share is sold on the built-in market.

It adds no charge of its own for launching a coin, minting a share or claiming. A mint buys the coin, so it pays the trading fee like any other trade.