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Creator fees

Pick 1%, 2% or 3%. Traders pay exactly that, and the creator keeps 60% of it.

Every FOMOPRIME token has one trading fee, chosen by its creator at launch: 1%, 2% or 3%. Traders pay exactly that fee on each buy and each sell while the token is on its curve. Nothing is added on top.

60%
20%
20%
Creator
0.6% of volume
FOMOPRIME buy & burn
0.2% of volume
Meteora
0.2% of volume
Example: a 1% creator fee. Traders pay 1% of each trade and nothing else.

How the fee is split

ShareOf the feeGoes to
Creator60%The creator's wallet. The reward for building the community around the token.
Buy & burn20%FOMOPRIME, which uses it to buy back the FOMOPRIME token and burn it.
Meteora20%Meteora, the protocol that runs the bonding curve. This share is set by Meteora.

Every fee level

What each option means for a trader and for the creator, as a share of trade volume:

Creator feeTrader paysCreator earnsBuy & burnMeteora
1%1%0.6%0.2%0.2%
2%2%1.2%0.4%0.4%
3%3%1.8%0.6%0.6%

Example

A token with a 2% fee trades $100,000 of volume on its curve:

  • Traders pay $2,000 in fees in total.
  • The creator earns $1,200.
  • $400 buys back and burns FOMOPRIME.
  • Meteora receives $400.

Choosing a fee

  • 1% keeps trading cheapest and suits tokens that expect a lot of volume.
  • 2% balances what traders pay with what the creator earns.
  • 3% earns the most per trade. Active traders notice higher fees, so it fits tokens with a committed community.

Important

The fee is fixed at launch. It cannot be raised or lowered later, by the creator or by FOMOPRIME.

On chain

The fee is part of the token's Meteora Dynamic Bonding Curve configuration. The curve's base fee is the creator's pick, fees are collected in the pair asset, and the configuration gives the creator 75% of the share Meteora leaves after its own 20%, which is 60% of the whole fee. The remaining 20% goes to FOMOPRIME's partner wallet, the configuration's fee claimer. The social_gate program refuses to attach its hook to a pool whose configuration names any other fee claimer, so every FOMOPRIME launch carries the same split.

Note

These fees apply while the token is on its bonding curve. After graduation the token trades in a Meteora DAMM v2 pool, whose own pool fee applies to trades there.