Docs

Pre-mainnet. Elysium's mainnet opens Nov 9; until then what you read here may change.

Token

Tokenomics

Nectar's token, its 3% creator fee and where it goes, and how the platform's fee is shared.

Creator fee3%On every buy and every sell
To holders30%Of the creator fee, paid directly
Buyback and burn10%Of the creator fee
Cashback25%Of Nectar's trading fee, planned

The token#

Nectar's own token is not launched yet. Its name, ticker and contract address are published here when it is. Until then, any token claiming to be Nectar's is not.

Name
Announced at launch
Ticker
Announced at launch
Contract
Announced at launch
Chain
Elysium

Creator fee#

Every buy and every sell of the token pays a 3% creator fee. It is split four ways, under the rules of the launchpad the token launches on:

3%Creator fee per trade
  • Development and marketing50%Building Nectar and growing it.0x582a9c…43f945Explorer
  • Holders30%Shared among the token's holders.Paid directly to holders
  • Buyback and burn10%Buys the token back and burns it.0xd4261F…5892D8Explorer
  • Liquidity10%Kept for liquidity on future CEX listings.0xE55EE5…29A794Explorer

Platform revenue Subject to change#

Separate from the token: Nectar's 1% trading fee on every trade in the terminal is planned to be shared like this.

1%Nectar fee per trade
  • Nectar50%Runs and builds the platform.Kept by Nectar
  • Cashback25%A share of the fees you pay on your own trades, given back to you.Back to the trader
  • Referral25%A share of the fees paid by the traders you refer.To the referrer
Planned, not finalThese shares are the plan before mainnet and may change. The fee itself is set in the router contract; how its revenue is shared is what may change.