Fee routing
Where creator fees go, and how to send them to a different number or an email.
The default: your own number
Unless you say otherwise, the creator fees of a token you launch route to the number you texted from. Gift cards are delivered into that same iMessage thread.
Routing to someone else
route my fees to +1 415 555 0134
Done. $LCAT fees now pay out to +1 (415) ••• 0134 as Apple Gift Cards.
Say route my fees to followed by a phone number or an email. Email routes receive the gift card by email instead of iMessage. You can change the route at any time; collections already queued keep their original recipient.
Apple Gift Card payouts
Each collection is converted to dollars and delivered as an Apple Gift Card of that face value. Cards are sent to the routed contact with the token's name in the message, so the recipient knows where it came from.
Protocol fee
20% of each collection funds the protocol treasury. The figure is protocolFeeBps on GET /v1/config; the routed share is 10000 - protocolFeeBps.
{ "cluster": "mainnet-beta", "protocolFeeBps": 2000, "launchpads": { "pump": true, "pons": true, "four": false }, "treasury": "9xQeWvG816bUx9EPjHmaT23yvVM2ZWbrrpZb9PusVFin"}The $2 minimum
The smallest Apple Gift Card iLaunch sends is $2 (minPayoutUsd on GET /v1/config). Creator fees accrue in the token's vault until the routed contact's share reaches $2; with the default 80% route that is a vault value of $2.50, returned per token as payoutFloorUsd. Nothing is lost below the line, it just waits for the next collection that crosses it.
Watching it accrue
Every token page and Explore tile shows the vault's uncollectedUsd against payoutFloorUsd, and payoutReady turns true once the next card is queued.