• 34ºc, Sunny

Moonshot updates Meme Coin Offering Fee Agreement to distribute profits to creators and majority holders

According to official Meteora news, by launching Meme tokens on Meteora through Moonshot, creators and majority holders will receive a locked lifetime liquidity fee. Moonshot hopes to turn creators and early backers into shareholders, allowing them to benefit from the long-term growth of the token while reducing repeated pull-ups and sell-offs. The initial liquidity is permanently locked, with revenue allocated to liquidity providers, with a dynamic fee agreement range of 0.15-15% and 80% of the funds collected through dynamic fees to be distributed: 20% is allocated to token creators. 70% will be allocated to the first 50 token holders. 10% is allocated to DexScreener. A 20% dynamic fee is passed on to integrators and trading robots that refer traders to the pool of funds. Previously, on June 25th, DEX Screener launched the token issuance platform Moonshot. According to reports, the tokens issued on the platform have no pre-sale, no insiders, and a fixed supply of 1 billion. Once the market cap reaches 500 SOL, all remaining tokens and liquidity will be migrated to Raydium, and liquidity will be locked by destroying LP tokens.