Founder Fees
Founder fees are a unique feature within TipMore that allows project founders to apply a fee on all transactions involving a specific token across all groups. This fee helps funders collect a share of tokens from each transaction, supporting various project-related needs, such as marketing, development, or operational costs.
How Founder Fees Work:
- Global Application: The founder fee is applied to every transaction made with the token, regardless of which group the transaction occurs in.
- Purpose: This allows project funders to seamlessly raise funds to support their project, without disrupting the flow of transactions.
- Maximum Fee: The fee rate for founder fees is capped at 10% to ensure that it remains reasonable and prevents any abuse.
Key Points:
- What It Is: A fee applied to all transactions involving a specific token across the Telegram platform.
- Purpose: To raise funds for project initiatives such as marketing, development, and other expenses.
- Fee Cap: The maximum fee rate is set at 10%.
- Approval: Founder fees require approval from the TipMore team before activation.
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Due to the nature of founder fees and their potential impact on all transactions involving a specific token, they must be carefully reviewed and approved by the TipMore team to prevent abuse and ensure fairness within the system.