AltitudeWhere a trading fee goes.
Fees are collected in SOL by the Meteora program on every trade. Altitude never holds the SOL in a curve. It stays in the pool until the coin graduates, and each fee share waits in the pool until its owner claims it.
1% base fee, outside the anti-sniper window. A dynamic fee can add to this in fast markets.
On the curve
- The buyer or seller pays the trading fee in SOL. The base fee is 1%; in the first 120 seconds the anti-sniper raises it to as much as 50%.
- Meteora's protocol keeps 20% of every fee.
- The other 80% is split by the creator share set at launch. A creator who chose 70% receives 56% of each fee, Altitude 24%.
- Each share accrues inside the pool. The creator claims theirs with their own wallet; Altitude claims its share as the pool's partner.
After graduation
The coin moves to a Meteora DAMM v2 pool with a fixed 1% fee. All of its liquidity is locked permanently: 50% belongs to the creator, 50% to Altitude.
Locked liquidity cannot be withdrawn by anyone. It still earns the pool's trading fees, which both sides can claim.
Altitude's share
Planned, not live: part of Altitude's share buys back the Altitude token. How large that part is has not been decided. The token pays no dividends and promises no return.
Launch cost
A launch costs 0.0195 SOL in network rent and fees, paid by the creator. Altitude charges no launch fee on top.