Fees and burns
Fees and burns
Launching is free
There is no platform fee to create a token. You pay network gas and nothing else.
When you see "zero-fee minting" in the app, that is what it refers to — minting only. Trading carries a fee.
Every trade costs 1%
One percent of every buy and every sell, in both directions, split three ways:
| Share | Of the trade | Paid in | Where it goes |
|---|---|---|---|
| Protocol | 0.4% | ETH | Sent to the treasury immediately |
| Creator | 0.3% | ETH | Accrues inside the token contract until the creator claims it |
| Burn | 0.3% | Tokens | Destroyed — total supply drops |
A worked example
You buy 1 ETH of a token.
- 0.01 ETH is taken as the fee.
- 0.004 ETH goes to the treasury.
- 0.003 ETH is credited to the creator.
- The token equivalent of the remaining 0.003 ETH is burned, so you receive slightly fewer tokens than the raw curve price would suggest — and everyone's share of the supply goes up a little.
The quote in the trade panel is already net of both the fee and the burn, so what it shows is what you get.
The graduation fee
When a token migrates to Uniswap, a fixed fee is taken out of the ETH raised before the pool is funded. On the mainnet configuration that is 0.01 ETH. It is paid once per token, out of the curve proceeds, not by any individual trader.
After graduation
The Uniswap pool uses the 1% fee tier, so trading costs the same as it did on the curve. Those pool fees are split the same way — protocol, creator, burn — with one exception: on the ETH side of the pool there is no burn, because burning ETH would destroy real value rather than reduce token supply. That side splits 30% creator / 70% protocol.
Pool fees do not distribute automatically. Anyone can trigger the collection, and the contract sends each share to its fixed destination.
Can the fees change?
The protocol owner can adjust the split, the launch fee and the graduation fee — but only for tokens launched afterwards. Every token snapshots its fees at the moment it is created and keeps them for life. A token you bought yesterday cannot have its fees raised today.
The contract also caps what the owner can set: the trade fee can never exceed 25%, and the graduation fee can never exceed 1 ETH.
Where it all ends up
The creation fee, the protocol's 0.4% and the graduation fee all land in a single treasury address. Half of that revenue funds the $ANSEM buyback — see Protocol revenue and the $ANSEM buyback.