Token Graduation
After the auction ends, 99% of the SOL raised from the auction, along with another 1/3 of the total token supply, will be automatically deposited to Raydium to enable trading. The remaining 1% of SOL is taken as an auction fee by the protocol, with 25% of that fee going to referrals.
Specifically, a constant product market maker (CPMM) pool is created with a 0.25% fee tier.
Swap fees generated from the Raydium pool will be split 50/50 between the GitHub repo owner and the protocol. Repo owners can verify their GitHub account to claim their share of the swap fees (see Ownership Claim).