Bonding curve fees
Every buy and sell on the bonding curve incurs a platform fee, deducted before the swap calculation.
| Detail | Value |
|---|
| Rate | Configurable, max 10% |
| Charged on | ETH in (buys) and ETH out (sells) |
| Paid to | Factory owner (standard launches) or Prepool contract (prepool launches) |
| Timing | Sent immediately at trade time — no accumulated balance to claim |
Uniswap V4 fees
After graduation, the token trades on Uniswap V4 with a standard pool fee.
| Detail | Value |
|---|
| Rate | 0.3% |
| Earned by | The LP position holder |
| Standard launch | LP is burned — fees are effectively unclaimable |
| Prepool launch | LP is held by the Prepool — fees are collected and distributed |
Prepool-specific fees
Prepool launches have additional fee mechanisms that reward contributors:
Hook fee
The Prepool acts as a Uniswap V4 hook, capturing a portion of every swap on the graduated pool.
| Detail | Value |
|---|
| Rate | 1% of swap output |
| Applies to | Every swap after graduation (ETH and token side) |
| Distribution | 50% Makx team / 50% active contributors |
Fee distribution
All ETH fees flowing to the Prepool (platform fees + LP fees + hook fees) are split:
- 50% to the Makx team
- 50% to active contributors, proportional to their contribution
Contributors who have withdrawn their tokens are excluded from future fee distributions. If all contributors exit, 100% of fees go to the Makx team.
Token-side fees from the LP position accumulate separately and are swept by the Makx team after all contributors have exited.
Claiming fees
Contributors call claimFees() at any time to withdraw their accumulated ETH. Fee collection from the Uniswap LP position is triggered by calling collectLPFees(), which anyone can call.
Fee earnings continue indefinitely as long as you keep your contribution in the Prepool. Withdrawing your tokens permanently ends your fee stream.
Summary
| Fee | Rate | Who pays | Who earns |
|---|
| Platform fee | Up to 10% | Bonding curve traders | Makx (standard) or Prepool (prepool) |
| Uniswap LP fee | 0.3% | Uniswap traders | LP holder (burned or Prepool) |
| Hook fee | 1% | Uniswap traders (prepool tokens) | 50/50 Makx and contributors |
