This section is solely speaking about deployer fees, not protocol fees. If you want learn more about Heaven’s full fee structure, head here.
A creator fee is a necessary component for legitimate ideas to get off the ground and get funding without having to sell supply. But it doesn’t make sense for the original creator to earn fees on a community takeover. It also doesn’t make sense to have scams or larp launches earning creator fees. This is where our permissioned fee structure comes in.
“Permissionless launches, permissioned fees” - Ghandi
Here’s how it works: Each launch on heaven that passes $100k in volume is reviewed and grouped into three distinct categories by our admins:
It’s important to note that anyone can launch instantly on Heaven without restrictions, and the token will continue to trade throughout the following review process.
  • “Creator” - There is an actual builder, team, or artist behind the coin. A 1% trading fee goes to the creator in SOL.
  • “Community / meme” - A meme that was spawned organically (ex: a tiktok trend), there is no creator or team behind it. A 0.1% trading fee goes to the creator in SOL.
  • “Blocked” - A larp or scam token designed to purely extract value from the ecosystem. 100% of the collected creator fees go towards $LIGHT buybacks.

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Self-categorization

When someone is launching on Heaven, the deployer chooses whether to categorize their token as “Creator” or “Community”. If they categorize their launch as “Creator”, then the above review process begins and the coin receives an “In review” tag. If this is the case, the 1% creator fee is held back for the creator by Heaven’s contract, but they are not able to access it. After the review is complete, the launch is grouped into one of the three categories:
  • If the launch is categorized as “Creator”: the 1% in fees collected are released and the creator can claim fees ongoing, or even route a portion of them back towards the flywheel address.
  • If the launch is categorized as “Community”: 90% of the initial fees that were collected are go back into that coin’s flywheel address, repurchasing and burning the token. The remaining 10% of fees (a 0.1% tax) is then claimable by the deployer of the coin, and that 0.1% fee is then made available to claim ongoing.
If they categorize their launch as “Community”, then they skip this review process entirely. This is useful for tools like RapidLaunch to have their launches auto-categorized as memes before deploying, ensuring that excess fees are not collected for attention coins right away.

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”Creator ” ≠ high quality

Being categorized as a “creator” is not a safety check or stamp of approval from Heaven. It simply means that we have seen proof on the project’s X or website that shows that has been deployed by the actual team, artist, or builder that it’s claiming to be deployed by. After that, the fees are released.

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Fee routing

As a bonus, if someone launches a coin for an artist’s work that goes viral (like the trencher and @grizzle_art), a permissioned fee structure allows us to route the creator tax to the actual artist’s wallet. That means that with a 1% creator tax (in a vacuum with the same amount of volume), Grizz would’ve earned over $790k from her TRENCHER artpiece. Instead she earned nothing while the fnf’s ate off of her art. I think Heaven’s permissioned fee structure will empower many artists this way, and it’s something we’re really looking forward to enabling.

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Summary

To sum up, this categorization system means that anyone can launch on Heaven, but devs need to show that they are the creator, team, or artist behind the project to get access to the project’s primary creator fees, otherwise the project is deemed a “community” coin. This helps us to block fees for illegitimate devs, and protect creators. It also ensures that memes are able to live on Heaven with the same fee structure as other launchpads. permissioned.jpg