> ## Documentation Index
> Fetch the complete documentation index at: https://blank.build/docs/llms.txt
> Use this file to discover all available pages before exploring further.
# Fee Structure
> Every fee on Blank — creation, bonding, graduation, post-graduation trading, staking, buybacks, liquidity compounding, Price Prediction, and how distributions work.
# Fee Structure
Every fee on Blank is defined in code and verifiable on-chain. This page walks
through the full token lifecycle: creation, bonding, graduation,
post-graduation trading, staking, buybacks, liquidity compounding, Price
Prediction, and how the distributions get paid out.
Use the Fee Calculator to project creator payouts, staking rewards, buybacks,
liquidity compounding, and token position value from a market-cap and volume
assumption.
## Creating a token
| Fee | Amount | What it covers |
| ------------------------- | --------------: | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Basic Launch | No seed buy | No fixed setup fee. The creator just covers network and account costs. |
| Tokenomics Launch | 0.05 SOL | One-time setup fee for the advanced launch flow. |
| Network and account costs | About 0.015 SOL | Solana account rent and transaction fees. Add \~0.01 SOL on top if you also enable staking. Buyback, Liquidity Compounding, and Price Prediction route future fees and do not add a separate launch setup fee. |
| Vested supply | Variable | Depends on how much supply is vested through tokenomics — anywhere from 1% to 30%. |
## Trading on the bonding curve
Every buy and every sell on the bonding curve has a flat **2% trading fee**. Meteora keeps about 20% of that (their protocol fee) before Blank can claim the rest.
| Recipient | Slice of the trade | Note |
| ----------------- | -----------------: | ---------------------------------------------------------------------------------------------------- |
| Total trading fee | 2.0% | Charged on every bonding buy and sell. |
| Meteora protocol | 0.4% | Meteora keeps it. Not controlled by Blank. |
| Blank platform | 0.4% | 25% of the Blank-controlled portion. Eligible net platform revenue may fund trader referral rewards. |
| Creator | 1.2% | 75% of the Blank-controlled portion. |
A token graduates from the bonding curve once it's raised **85 SOL** (in production).
## Launch protection
New launches can opt into a **2-minute launch-protection window**. Trading opens at a **50% fee** that decays exponentially back down to the normal **2%** over the first two minutes. The earlier the buy, the more it costs — regardless of size.
| Time after trading opens | Trading fee | Note |
| ------------------------ | ----------: | ----------------------------------------- |
| 0s | 50% | The opening cliff. |
| 30s | 22.4% | Still expensive for fast money. |
| 60s | 10.0% | Halfway through the window. |
| 90s | 4.5% | Almost back to normal. |
| 120s and after | 2.0% | Steady-state fee for the rest of trading. |
The fee steps down every 10 seconds (12 steps in total).
Fees collected inside the window are split in two parts. The portion equal to the normal **2% baseline** is distributed exactly like any other trading fee — 25% platform, 75% creator side. Everything above that baseline is the **launch-protection premium**, and it goes **100% to the platform** to fund the protection. Concretely, for a fee paid at a rate of `fee_bps`, the premium is `fee_paid × (fee_bps − 200) / fee_bps`. Once the window closes and the fee is back at 2%, there is no premium and every fee splits 25/75 as usual.
This replaces the older size-based rate limiter. Snipers defeat size-based
pricing by splitting a buy across many small wallets, but nobody can avoid
being early. On Basic Launch every buy inside the window pays the decaying
fee, including yours. On Launch With Tokenomics your dev buy is bundled into
the launch transaction itself and executes at the normal 2%.
## Graduation
When a token hits 85 SOL raised (in production), it graduates from the bonding curve onto a Meteora DAMM v2 pool.
| Item | Value | Note |
| ------------------ | ------------: | ------------------------------------------------------------------------------------------------------------------------------------------------- |
| Migration fee | 5% | Roughly 4.25 SOL gross at the 85 SOL production threshold. The relayer's actual migration cost is paid first, the rest goes to platform treasury. |
| LP allocation | 25% of supply | Paired with the SOL left over after migration costs and protocol fees. |
| Bonding curve sold | 75% of supply | Already sold during the bonding phase. |
## After graduation
Once graduated, the token trades on Meteora DAMM v2 with the same **2% trading fee** as before.
| Recipient | Slice of the trade | Note |
| ----------------- | -----------------: | ------------------------------------------------------------------------------------------------------------------------------- |
| Total trading fee | 2.0% | Charged on every trade. |
| Meteora protocol | 0.4% | Meteora keeps it. |
| Blank platform | 0.4% | 25% of the Blank-controlled portion. Eligible net platform revenue may fund trader referral rewards. |
| Creator side | 1.2% | 75% of the Blank-controlled portion — split by creator, staking, buyback, liquidity-compounding, and Price Prediction settings. |
## Creator-side fee allocations
Creators can decide what slice of their **75% creator share** routes to staking rewards, Auto Buyback and Burn, Liquidity Compounding, and Price Prediction prizes. Each configured slice is 1% to 100% of the creator portion, and the four configured slices cannot exceed 100% combined.
| Recipient | Share |
| ----------------------- | -------------------------------------------------------------------------------------------------------------------------------- |
| Platform | 25% gross platform allocation. Referral rewards are funded from eligible net platform revenue and never reduce the creator side. |
| Creator | 75% minus staking, buyback, liquidity-compounding, and Price Prediction shares. |
| Stakers | Configured staking share, while stake exists. |
| Auto Buyback and Burn | Configured buyback share. |
| Liquidity Compounding | Configured liquidity-compounding share after graduation. |
| Price Prediction prizes | Configured launch-time prediction share. |
A couple of examples:
* **50% staking share:** platform gets 25%, creator gets 37.5%, stakers get 37.5%.
* **20% staking + 10% buyback + 5% liquidity compounding + 5% Price Prediction:** platform gets 25%, creator gets 45%, stakers get 15%, buyback gets 7.5%, liquidity compounding gets 3.75%, and Price Prediction gets 3.75%.
If nobody is staking at the moment, the staking slice doesn't pile up waiting for someone to join — it just routes to the creator for that period instead.
## Trader referral rewards
When a new trader explicitly accepts a referral, eligible net platform revenue
from that trader's authenticated Blank trades splits 20% to the referrer, 10%
back to the trader as cashback, and 70% to Blank. This allocation comes from the
platform side and does not change creator-side fees or add a separate trading
fee.
Only successful, finalized trades built and submitted through Blank count.
Direct wallet and external aggregator activity is not wallet-wide attributed.
There is no minimum trade size, required trading volume, or minimum claim
amount. See [Trader Referrals](/docs/features/trader-referrals) for eligibility,
acceptance, and claim rules.
Auto Buyback and Burn, Liquidity Compounding, and Price Prediction never redirect to the creator. Those shares accrue in dedicated on-chain buckets. Buybacks execute when the buyback bucket crosses its threshold; liquidity compounding executes only after graduation when the liquidity bucket crosses **0.1 SOL**, then adds paired liquidity to the token's Meteora DAMM v2 position and permanently locks the added liquidity. Price Prediction opens its first round at token launch and keeps filling the prize bucket while rounds are live.
Staking, Auto Buyback and Burn, and Liquidity Compounding shares can be set at
launch and increased later. Price Prediction can be set only at launch and is
fixed after launch.
## What each allocation does
Routes the configured share to stakers while active stake exists. If nobody
is staking, that share routes to the creator for that period.
Routes the configured share to `buyback_claimable`. When enough SOL accrues,
Blank buys the token and permanently burns the bought amount.
Routes the configured share to `liquidity_claimable`. After graduation,
Blank adds paired liquidity to the Meteora pool and permanently locks it.
Routes the configured launch-time share to `forecast_claimable`. Daily UTC
rounds pay the closest eligible holder predictions for the price 24 hours
after entries lock.
## How distributions work
Trading fees accrue in Meteora until someone progresses that token's fee pipeline. Blank now uses **pull-based claims** instead of the old broad automatic payout job.
When a creator claims fees from the dashboard, their wallet-paid transaction claims upstream Meteora fees for that token, books the platform / creator / staking / buyback / liquidity-compounding / forecast buckets, settles staking if staking is active, and pays the active creator-fee split recipients. Creator claims require at least **0.01 SOL** in pending creator fees before the claim button is enabled.
Stakers claim through the staking flow and do not need to wait for the creator. Platform treasury collection is handled separately by Blank's daily thresholded keeper, which only touches tokens whose platform bucket is large enough or stale enough to be worth collecting. When attributable referral rewards are due, the same platform collection funds the exact reward liability before sending the remainder to treasury. Buyback, liquidity-compounding, and Price Prediction keepers run separately from creator/staker claims.
Public token pages still show lifetime creator, staking, buyback, liquidity-compounding, and Price Prediction fees, paid/injected/payout amounts, vault amounts, and pending upstream fees so the totals stay visible before anyone claims.