Fees
This page details the fee structure for the SC Bonding Curve component of the Something Cool platform.
Platform Fee
SC Bonding Curve charges a platform fee on all buy and sell operations:
Fee Rate: 1% of the transaction amount in SOL
Fee Recipient: TBA
Fee Application
Buy Operations
For buy operations, the fee is deducted from the input SOL amount:
Example:
User spends 100 SOL
Platform fee = 1% = 1 SOL
Amount used for token calculation = 99 SOL
Sell Operations
For sell operations, the fee is deducted from the output SOL amount:
Example:
Calculation determines user should receive 100 SOL
Platform fee = 1% = 1 SOL
User receives 99 SOL
Fee Configuration
The platform fee is configurable.
The current platform fee is stored in the properties account and is specified in basis points (1/100th of a percent). For example, a value of 100 basis points represents a 1% fee.
Post-Migration Fees
When creating a token, you can specify the fee structure that will apply after migration to the CoolDEX:
after_migration_fee
: Fee percentage (0, 0.25%, 0.5%, 1%, 2%, or 5%)after_migration_burn_bp
: Percentage of fees allocated to burningafter_migration_holders_bp
: Percentage of fees allocated to token holdersafter_migration_lp_bp
: Percentage of fees allocated to liquidity providers
These parameters determine how fees will be distributed after the token migrates to the CoolDEX, but they do not affect the platform fee charged on SC Bonding Curve operations.
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