feekit

Launch a coin and decide what the fees do. Burn, draw, a floor, or graduate.

[feekit @feekitfun]

FeeKit is live.

Launch a https://t.co/uUPjiPXcvi coin and lock the creator fees to one job.

80% of fees stay in a given kit, 15% goes to buyback and burn $KIT

1. Pick a kit: Burn, Floor, Draw or Graduate.

2. Launch the coin.

3. That's it

The lock is permanent. Existing https://t.co/uUPjiPXcvi coins can be locked too.

https://t.co/QPILrvG0Gb

CA: 2KVxmvFFtAhWskHoEqxf5EsNbZYKeFWmKLPebKGNffee

https://t.co/vEvkHoWPDy

[feekit @feekitfun]

What is $KIT?

Every coin launched on https://t.co/QPILrvFsQD sends 15% of its creator fees to one place: buying $KIT and burning it.

A new coin launches and pumps, a lottery coin pumps, a Floor coin defends a dip. Doesn't matter which. Fees came in, so $KIT burns.

Every coin on FeeKit works for $KIT.

https://t.co/VNlD6ZqGBp

[feekit @feekitfun]

Anyone can run a FeeKit keeper.

The keeper is the thing that sweeps the fees and runs the fee modes. That's due to the contract being permissionless.

You run one the CLI with your own wallet. Every time your keeper collects fees from a coin, the program pays you 5% of what it collected.

https://t.co/lA98pRE2kY

https://t.co/SDnKbly870

[feekit @feekitfun]

New on https://t.co/8pZ8wnrt0a: a live activity feed.

Every fee, as it happens. Which coin it was swept from, what the mode did with it, who won the draw. Collects, burns, floor lifts, payouts, all with the transaction now visible live.

https://t.co/wIEHUt8EXB

[feekit @feekitfun]

So far, 6.5% of the supply has been burned.

80% of fees go to the coin chosen fee mode. 15% from every token launched on the platform buys back $KIT. The remaining 5% goes to the protocol.

Launch on https://t.co/8pZ8wnrt0a

[feekit @feekitfun]

Launch a coin on https://t.co/QPILrvFsQD, where every fee works for the holders.

On pump, every trade pays the dev. Holders make the volume. The wallet behind the coin collects.

On FeeKit, the fees never leave the coin. They burn the supply, pay a holder, or buy the dip. Whatever the job is, it's done for the people holding.

[feekit @feekitfun]

Every FeeKit coin splits creator fees the same way.

80% is locked to the kit you picked. That is the part that burns, holds the draw, defends the floor, or pushes the coin to graduation.

15% goes to the platform. That share is used to buy back the main token $KIT.

5% goes to the keeper. That is what keeps the program active. Anyone can run one

https://t.co/QPILrvFsQD

[feekit @feekitfun]

https://t.co/KOCE9210CC so far

$130,000+ of volume traded.

2,900+ trades.

4.06 SOL in creator fees passed through the program.

2.9 SOL of that was spent buying $KIT and burning it. Which is 1.8% of the supply gone for good.

https://t.co/VNlD6ZqGBp

[feekit @feekitfun]

Burn mode is as simple, as it sounds.

Fees come in. Once there's enough in the vault, the program buys the coin and burns what it bought.

Supply only goes down.

[feekit @feekitfun]

You can lock fees to https://t.co/QPILrvFsQD of an already existing https://t.co/uUPjiPWEFK coin.

1. Go to https://t.co/tVOAs5egCC

2. Pick "Existing Coin"

3. Choose a mode and confirm transaction in the wallet.

From then on, every creator fee runs the kit.

Fees you already collected stay yours. Future fees are tied to the program and go towards the kit.

[feekit @feekitfun]

Locked Dev Supply for 67 years

https://t.co/bHwxNvSm3C

[feekit @feekitfun]

Until the coin graduates, the dev earns nothing.

Every fee goes into buying the curve and burning the tokens. The dev's own fees push the coin toward migration.

Only after it graduates do fees start going to the dev.

So the dev's paycheck is on the other side of the finish line. Abandon the coin and the fees were spent on the holders, not on the dev. Carry it through and the dev gets paid like normal.

[feekit @feekitfun]

$KIT has been launched in Graduate mode.

This means that, before the coin migrates, all generated fees go towards buying back the curve and burning.

Once such coin migrates, all the fees go to the creator.

So far, 1.53 SOL have been used to buy back the coin and burn.

Launch your own coin on https://t.co/QPILrvFsQD

[feekit @feekitfun]

What is Draw mode?

Fees pile up in the vault for one hour.

When the hour is up, the program picks one holder and sends them the whole pot. The pick is weighted by balance. Hold 5% of the supply, you have a 5% chance. Hold 20%, you have 20%.

The SOL instantly lands in the winners wallet.

Then the pot resets and the next hour starts.

Got an idea? Launch it on https://t.co/QPILrvFsQD

[feekit @feekitfun]

What is Floor mode on https://t.co/QPILrvFsQD?

The program tracks the coin's all-time high. The creator sets a drawdown at launch, say 15%. The floor line sits 15% under that high and moves up with every new high.

Above the line, fees pile up in the vault.

At or below the line, the vault buys the coin and burns the tokens. It spends only what's needed to push the price back to the line. The rest waits for next time.

When the coin dumps, the program is buying with the coin's own fees.

[feekit @feekitfun]

The FeeKit contract and the cranker are open source.

The program on Solana was deployed with a verified build, so the on-chain code matches the public repository. You can read the program, the cranker, and the fee route yourself.

It's verified on https://t.co/gAzGVcy4Ie

https://t.co/0WeTY3jQXW

https://t.co/vEvkHoWhO0

[feekit @feekitfun]

On https://t.co/QPILrvFsQD, there are currently 4 fee modes:

Burn: Fees buy the coin, then the tokens are burned.

Draw: Every hour, one holder wins the pot, all of the collected fees, weighted by balance.

Floor: Fees buy only after price falls under a rising line.

Graduate: Fees buy the curve first and burns, then pay the creator after it migrates.

80% of fees stay in a given kit, 15% goes to buyback and burn $KIT

[feekit @feekitfun]

@CryptoCent01 Already paid

[feekit @feekitfun]

$KIT has been launched in Graduate mode.

This means that, before the coin migrates, all generated fees go towards buying back the curve and burning.

Once such coin migrates, all the fees go to the creator.

So far, 1.53 SOL have been used to buy back the coin and burn.

Launch your own coin on https://t.co/QPILrvFsQD