Launchpad Fee Distributions
See: Overview of Launchpad Fees Fee Distribution Structure Detailed Allocation Breakdown Momentum Reserve Utilization
The Flareporium Launchpad is designed to provide creators with streamlined tools to bring their NFT collections to the Flare Network. In return for these services, the Launchpad applies an 8% fee on each NFT minted through the platform.
These fees play a crucial role in sustaining the Flareporium ecosystem. They help fund the team’s ongoing development efforts, support community rewards, and contribute to a treasury for future platform improvements and governance initiatives.
Overview of Launchpad Fees
When a user mints an NFT via a collection hosted on Flareporium NFT Launchpad, an 8% fee is charged. This fee is paid in the native Flare Network.
Key Points:
Fee Trigger: Occurs at the time of NFT minting from the Launchpad.
Fee Amount: 8% of the NFT’s mint price.
Payment Asset: Depends on the network where the NFT resides:
(On Flare Network: Fee is paid in $FLR)
Fee Distribution Structure
The Launchpad fees, once collected, are allocated to three core areas within the Flareporium ecosystem. This distribution model ensures a balanced approach, rewarding both the team that drives innovation and the community that engages, participates, and supports the platform.
50%
Funds ongoing development, platform improvements, and ensures long-term sustainability.
40%
A dedicated reserve designed to reward active participants, fuel $FOTON Buybacks, and bolster staking rewards across the ecosystem.
10%
Serves as the platform’s treasury, supporting strategic initiatives, ecosystem enhancements, and future governance-driven deployments.
Detailed Allocation Breakdown
Flareporium Team (50%) Half of the Launchpad fees are allocated to the Flareporium Team. This ensures that continuous improvements, development of new features, and long-term platform stability can be sustained without relying solely on external funding.
Flareporium Momentum Reserve (40%) The Momentum Reserve is a dynamic reserve designed to directly reward the ecosystem’s participants. The fees allocated here can be utilized to:
Conduct $FOTON Buybacks, supporting token price stability and overall market health.
Enhance rewards for the Oracle Vault and Yield Vault, creating attractive opportunities for stakers and LP providers.
Engage users through special events, promotions, and incentives that encourage long-term platform participation.
Flareporium Foundation Fund (10%) As the treasury for the Flareporium ecosystem, the Foundation Fund ensures that resources are available for strategic growth, cross-chain expansion, user experience improvements, and other initiatives determined by future community governance processes.
Momentum Reserve Utilization
Since the Flareporium Momentum Reserve plays a critical role in sustaining ecosystem rewards, below is a table showcasing how the assets allocated there can be deployed:
50% for $FOTON Buybacks
Supports $FOTON Token price stability and liquidity.
20% to Oracle Vault
Boosts staking rewards generated through FTSO delegation.
30% to Yield Vault
Enhances staking rewards for $FOTON Token holders in Yield Vault pools.
By distributing a significant portion of Launchpad fees to the Momentum Reserve, Flareporium ensures that active participants, whether stakers, NFT collectors, or liquidity providers, are consistently rewarded. This dynamic approach incentivizes ongoing engagement, long-term holding, and growth within the ecosystem.
Further Reading:
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