Fees
There are exactly three, and none of them flow to a team or platform wallet.
Burn fee
1%
Every buy and every sell during the curve phase
Buys back tokens and destroys them — see Buy Back & Burn
Creator reward
1% of 192M PLS = 1,920,000 PLS
Once, at graduation
To the creator's wallet — see Graduation
DEX fee
0.25%
Every trade after graduation
To the liquidity position — which is locked forever, see Migration to LibertySwap
What Does Not Exist
❌ No platform fee, listing fee, or withdrawal fee.
❌ No configurable fee recipient — nobody can redirect where the money goes.
❌ No treasury, no war chest, no multisig holding funds.
The Real Cost of a Round Trip
Buying costs 1%, selling costs 1% → roughly 2%, plus the price impact your own order has on the curve. Trading in and out repeatedly is guaranteed to lose money. That is by design.
One Small Note
On orders below 100 wei of PLS, 1% rounds down to zero, so nothing is burned. The amounts involved are too small to matter in practice; it is mentioned only for completeness.
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