WAX.FUN Docs
  • Welcome to WAX.FUN
  • Getting Started
    • Introduction
    • WAX Fun Rules
    • Referral program
  • Basics
    • Tokens
    • Token Creation GUIDE
    • Buying and Selling tokens
    • Graduation from WAX.FUN
    • User's Profile
    • Comments
    • Math Behind WAX.FUN
    • Smart Contracts
  • WAX Basics
    • WAX Wallets and accounts
    • WAX Blockchain Resources: CPU, NET & RAM
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  • Transaction Fees
  • Liquidity Rules
  • Launch Standarts
  1. Getting Started

WAX Fun Rules

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Last updated 1 month ago

Transaction Fees

  • Buy and Sell Fees: WAX.FUN platform charges a 1% fee on all buy and sell operations. These fees help maintain the platform’s operations and provide liquidity.

  • WAX.FUN is taking a 1% fee after coins reach the target Market Cap, in order to cover internal fees and launch it on Alcor Swap.

  • Once it reaches Alcor Swap, we will be creating a swap pool with 0.3% fees, where all fees are going to be burnt, thus it will reduce meme coin and WAXP token supply.

Liquidity Rules

  • No Need to Create a Liquidity Pool: Users can directly purchase tokens, with prices calculated through a bonding curve. This makes transactions simpler and more efficient.

Launch Standarts

Market Cap Target: When a token’s market cap reaches $21,000 (the exact cap will be defined in the WAXP token at the time of creation), the token will be transferred to Alcor Swap. WAX Fun charges small network fees and the rest goes to LP.

Note, it was $50,000 as target market cap prior to 14th Jan, 2025.