Reserve on Hedera · Proof by Wormhole · Book on Solana

Hederalaunch

Docs

Levy

Fills pay 1%. The desk keeps 20% of that levy and the issuer keeps 80%.

Split

The levy is 1% of the wHBAR side of a fill. Buys and sells both pay it. Every market uses the same rate.

  • Levy: 1%.
  • Desk share: 20% of the levy, which is 0.20% of the fill.
  • Issuer share: 80% of the levy, which is 0.80% of the fill.
  • Filing: no desk fee.
  • Bridge: 1 HBAR locked credits 1 wHBAR.

A 100 wHBAR buy

On a buy of 100 wHBAR, the levy is 1 wHBAR.

  • The desk receives 0.20 wHBAR.
  • The issuer receives 0.80 wHBAR.
  • The other 99 wHBAR enters the book for the token.

Other charges

A bridge or a release also pays the Wormhole message. That charge sits apart from the levy.

Solana network fees are paid by the session wallet when a real transaction is sent.