StonkFun Update!
Rewards V3:
Rewards increase
Platform revenue increases
4% Tax (stays the same)
Rewards V2: 2.785% fees to holders
Rewards V3: 2.925% fees to holders
We now use transfer tax, please note if you transfer tokens to another wallet you are also taxed.
Coins now launch as token2022 tokens with transfer tax, this solves for pool fee undercutting that has been happening and causing decaying rewards on some pools.
Instead of collecting the reward tax via a 4% Raydium CLMM pool, the tax is collected via a transfer fee for rewards
Meaning no matter where someone trades the token, the trade is taxed.
Designed similar to any other EVM reward tokens.
Platform Fees:
Rewards V2: 0.504%
Rewards V3: 0.756%
Increased Revenue & $STONK buybacks
Previously platform fees were derived from 15% of the 4% Raydium CLMM pool
Now platform fees come from a 1% Raydium CLMM pool
As previously stated, there is no change in the total 4% tax. Total fees are saved by using transfer tax vs Raydium CLMM 4% pools, on the protocol fees.
Creators:
As highly requested, we added creator buys capped at 2.5%
We also completely rebuilt the launch logic, launches happen through a atomic transaction bundle, solving for failed launches & safety.
Launch speeds are also much faster.
Launch fees reduced from 0.342 SOL to 0.29 SOL
Ecosystem Flywheel:
To support communities building, 0.084% of pool fees go towards buying back and burning the top 10 tokens on the platform, market cap weighted.
This benefits all V1, V2 & V3 tokens!
All swaps route directly through the Raydium CLMM pools to support reward distributions on current pairs.
We built this feature to incentivize communities to grow projects, and support existing communities
Developer API:
We have updated the API to handle creator buys & Atomic deploy transaction submissions
Frontend Updates:
All new pairs should be near instant now on the frontend, volume, market cap, & price data streams instantly.
All of these updates solve for current issues, further support ecosystem tokens, $STONK
Wohoo! We launched our first native crypto platform for all the learners. If you want to support, here is the CA: 0x6bE9F32b3Edca7D329edB15Dc4b2daB41d583EED and here is the direct link https://t.co/ID3Jwi74Aq