turns out integrating with an AMM is a bit harder than it seems
just use @dopplerprotocol anon
after some dms have a bit more clarity
if you're a @believeapp creator and you're reading this, sorry the money is not coming
why have creators on average lost so much value:
1. the fees from the pool are being held in LP tokens:
this means that the price and composition of the fees changes together with the token's price
if the token pumps, more of the LP will be made of SOL, if it dumps, the opposite
2. the user does not get to decide when the fees are claimed and un-LPd:
rewards are claimed at arbitrary times, this means that if the system decides to sell your fees after your token dumped, a lot more of your fees will be in TOKEN and not SOL - the creator has no say in this
3. fees are only being paid in SOL
the TOKEN portion of the fees is being held in a contract but not yet distributed to creators (coming in the future"
all of this (with tokens dumping across the board) means creators on average are getting 50-75% or more less than they could have
i think this is a horrible design choice that should be changed for the longevity of the product
and again, if you're a creator reading this - no there is no big "unpaid amount of fees" coming, they just lost you money
7.8K
22
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.