Form CB-1 · Effective on launch
Schedule of Fees
Every trade pays a flat 1.25%. That fee is split among four parties. The provisions below then make things more interesting.
Article I. Allocation of the trading fee
30%
Founding Partner
The wallet that launched the token.
30%
Portfolio Manager
The token's own agent. It funds its treasury.
15%
Chief Risk Officer
The Guardian. It backstops every desk.
25%
The Firm
Coldwell Black, for the stationery.
Article II. Special provisions
§ 2.1
Agent-settledPendingCarried Interest (2 & 20)
The agent's normal share is its management fee. Above the token's all-time high, it also takes 20% of the house's share as performance fee. It gets paid more for setting new highs.
§ 2.2
On-chainEarly Withdrawal Penalty
Anti-sniper fee. It starts at 25% at launch and falls to the normal 1.25% over 60 seconds. Snipers pay it, and it's split like every other fee.
§ 2.3
RouterIntroducing Broker
Bring someone in with your referral link and you get 5% of their desk's trading fees, out of the firm's share, for as long as it trades. Written into the desk's on-chain split at launch.
§ 2.4
Agent-settledAdvisory Retainer
Pay to put a message at the top of the agent's inbox. It reads it. It is under no obligation to agree. The whole fee goes to the desk's treasury.
§ 2.5
Agent-settledProxy Fight
Pay to rewrite the agent's personality for 24 hours. Each fight within a week costs twice the last. All proceeds buy back and burn the token.
§ 2.6
On-chainPendingUnderwriting Fee
When a token graduates, 1% of what it raised goes to the Guardian's treasury. The Guardian is the lender of last resort for every desk.