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Ordinary single-currency launches can configure a creator fee and a holder reward fee. The two allocations serve different recipients and are added to the market’s baseline fees. FX-pair launches and the dedicated official $FX launch have holder rewards disabled.

Two independent choices

The contract accepts whole-basis-point holder rates from 3 to 1,000, plus zero for rewards off. The interface must respect the selected deployment’s version: older contracts can enforce a different minimum. Both rates are fixed at launch.

Where rewards come from

Holder rewards are funded by the selected fee on trades through that token’s registered pool. They are not an external yield source. Fees are collected in the pool’s quote currency. For a single-currency TOKEN/USDC market, holder rewards accrue in USDC. The holder fee is an additional percentage of trade consideration, not a share carved out of the protocol’s 0.10% fee.

Who accrues rewards

The reward ledger distributes backed fees across eligible balances. New balances mature in the next block; excluded protocol custody does not earn rewards. Accrued entitlements are tracked through transfers. Selling a balance does not erase rewards already earned. Token holdings do not guarantee a particular payout. Rewards depend on eligible balances, market activity, the selected fee, and integer accounting.

Claiming

A holder can manually claim any nonzero entitlement representable in whole raw token units. The implementation also supports bounded automatic delivery. Its automatic threshold starts at one whole quote-token unit, so smaller accrued balances may need a manual claim. Failed payouts are isolated rather than discarding the holder’s entitlement.

Creator fees and builder tokens

Creator fees are trading revenue attributed to the launch creator. They can be withdrawn separately from holder claims. A builder allocation is a vested portion of the initial token supply. It is separate from creator trading fees and from holder rewards.

Separate from $FX buybacks

Ordinary creator claims and holder reward liabilities do not fund $FX purchases. Their accounting remains separate from the protocol revenue collector and its reserved budget. The official $FX market’s 0.50% creator allocation is a special case: its beneficiary is permanently the protocol revenue vault. It is not an ordinary creator payout.