A launch bots pay for, and holders get paid by.
The fee drains for 60 seconds
Every coin on nosnipe opens at a 50% swap fee. It steps down every second and reaches 1% at second 60, then stays there. The fee lives in one shared Meteora bonding curve config, and the chain enforces it.
Early trades fill the pot
Bots that buy in the opening minute pay the high fee. Meteora keeps 20% of every fee. The other 80% belongs to the pad, and for the opening minute all of it goes into that coin's pot. The launcher's own first buy pays the same fee.
First holders get paid
At +1h the pot is paid to the coin's first holders: wallets whose first buy came after the window and before +1h, and who still hold. Shares follow how much each wallet bought and still holds, up to 5% of the pot per wallet. Anyone who traded in the window is not a first holder.
The rest pays out again
What the 5% cap leaves over stays in the pot and pays out at +24h to first holders still holding then. Whatever remains after that joins the coin's regular fees.
After the window
From second 60 the fee is 1%. The pad claims it from the pool and sends 50% to the launcher's wallet every 10 minutes once it passes 0.01 SOL. The other half keeps the pad running.
Every payout is on chain
Each pot payout and launcher payout is a SOL transfer from the pad wallet with its own Solscan link. The coin page shows the fees claimed, the pot, and every wallet paid.