> For the complete documentation index, see [llms.txt](https://pumpkindotfun.gitbook.io/pumpkin-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://pumpkindotfun.gitbook.io/pumpkin-docs/tokenomics/fee-and-revenue.md).

# Fee and Revenue

## **Pumpkin Fee Structure and Allocation**

**1. Fee Generation**\
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**ON THE BONDING CURVE**\
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1% of the SOL in a transaction is collected<br>

* **Buy Fees:** Collected in **SOL** coming from the SOL the buyer spends.
* **Sell Fees:** Collected in **SOL** coming from the SOL the seller receives.

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**AFTER GRADUATION**

Pumpkin utilizes Raydium's **Constant Product Market Maker (CPMM)** model to generate two types of fees:

* **Buy Fees:** Collected in **SOL**
* **Sell Fees:** Collected in the paired **TOKEN**

**2. Fee Utilization**

<figure><img src="/files/aCm3QhwW0LuaK8b0urVN" alt="" width="563"><figcaption></figcaption></figure>

* **SOL Fees AFTER GRADUATION:**\
  All collected buy fees are in SOL and are divided as such:
  * <mark style="color:green;">**Creators:**</mark>  80% of the fees are distributed to the creator.&#x20;
  * **$PKIN Stakers:** 20% to $PKIN macro-staking.

***

<figure><img src="/files/qfEBJQVaRnIvNOANnX1S" alt="" width="563"><figcaption></figcaption></figure>

* **TOKEN Fees:**
  * All collected sell fees in are in the paired **$TOKEN** and are directed towards the Pumpkin Fund, thereby strengthening the value of **$PKIN**.