Documentation · v1.0

Fees & Flywheel

Fee modes, platform burn, and the $FURNACE flywheel.

Platform fee (all trades)

Every buy and sell on Foragepad pays a protocol fee on trades across bonding curves and instant Uniswap V3 pools.

50% of fees Foragepad receives are allocated to the Buyback Vault to market-buy and permanently burn $FURNACE. The remaining 50% funds platform operations, infrastructure, and growth.

Fees accumulate in the vault automatically. Anyone can trigger a buyback on the Burn page, and the hourly flywheel cron collects LP fees and executes burns when ETH is available.

Custom fee distribution

Launchers pick how the remaining curve fees are allocated:

ModeBehavior
StakingFees fund a staking pool; lockers earn trading fees
CreatorFees accrue to the token creator
Buyback & BurnFees buy back and burn the launched token
Add LiquidityFees deepen liquidity at graduation
NoneNo custom split — platform fee only

Creator mode routes fees to a wallet (or on-chain splitter) set at launch. A social handle doesn't need a wallet up front — Furnace reserves a managed wallet for it and the owner claims later by logging in.

Share rewards with your people (X, GitHub, or wallet)

In Creator mode you can split your share of trading fees (the 1.00% creator pool) across multiple people — by their X / Twitter handle, GitHub handle, or a raw wallet address. Great for paying a co-founder, a designer, a meme artist, or a whole team automatically, on-chain, forever.

What happens when you add a handle

A social handle can't hold ETH by itself, and you usually don't know the recipient's wallet. So you don't have to. When you add @artist:

  1. You assign a share in bps (1000 bps = 10%). No wallet, no signature needed from you.
  2. Furnace derives a managed walletthat belongs to that exact handle and points the handle's share at it on-chain. The same handle always maps to the same wallet.
  3. Fees for that handle accrue safely into the managed wallet as people trade.

What happens on-chain

If you add one or more recipients, Furnace deploys a small FeeSplittercontract at launch and points the token's creator fees at it. Each trade's creator-fee slice is allocated to recipients by their bps; whatever isn't assigned stays with you (the creator). Wallet recipients get their own address; social handles get their managed wallet.

How recipients claim their rewards

The recipient proves the handle is theirs by logging in with that account — then sweeps everything to a wallet they control:

  1. Go to /claim and log in with X or GitHub — whichever matches the handle fees were routed to. This proves you own the account.
  2. Connect the wallet you want paid to.
  3. Furnace scans every token that routed fees to your handle, shows your total, and — when you click Claim to my wallet— pulls the rewards from each splitter and forwards the ETH to your wallet. Gas is sponsored, so you don't need to pre-fund the managed wallet.

Rewards accrue as people trade. There's no deadline — claim whenever you like. Because Furnace holds the managed wallet until you claim, this part of the flow is custodial: your funds are safe and always claimable, but they live in a Furnace-managed wallet until you sweep them out.

Instant pool fees

Instant launches earn Uniswap V3's 1% swap feeon the LP position. The creator's share (50%–90%) is set at launch; the rest goes to the protocol. Creators and social-handle recipients claim via /claim (LP fees are collected automatically during sweep).

Curve vs post-grad fees

  • Bonding curve fee — fixed 1.50% on every buy/sell while trading on the curve.
  • Post-graduation fees, forever— after a token graduates, its liquidity is locked in the Furnace LP Locker (never withdrawable, so it can't be rugged) but the position keeps earning the Uniswap pool's 1% swap fee. Anyone can trigger a collection; it's split between the creator and the protocol by the creator's chosen share (50%–90%). Unlike burning the LP, locking keeps those fees alive — creators earn from their token for life.

The flywheel

More launches → more volume → more protocol fees → 50% buys and burns $FURNACE → scarcer $FURNACE supply over time.