💲Utilization Costs of the Shine Pad Launchpad

Shine Pad will adopt an innovative approach regarding the costs associated with launching incubated projects. In contrast to other launchpads, projects wishing to conduct a fair launch or pre-sale will not incur significant initial costs. Instead, a nominal fee will be applied solely to cover initial operational expenses.

However, if the pre-sale reaches the soft cap established by the project, only then will full payment for the launch be required. This differentiated strategy ensures that projects will only pay the more substantial fee if they achieve success in their initial fundraising.

This innovative approach aims to mitigate financial risks for incubated projects, allowing them to focus on achieving their fundraising goals. Simultaneously, it underscores Shine Pad's commitment to providing a fair and success-oriented environment for all projects on its platform.

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1. Token Minting Fees

When creating your own token using the Mint tool on Shine Pad, a fee will be charged. This fee covers the use of our pre-audited and battle-tested code, ensuring that your tokens are created securely and efficiently without the need for extensive technical knowledge or additional audits.

2. Staking and Reward Pool Creation Fees

Projects that choose to create staking or reward pools on Shine Pad will incur a fee. This fee allows us to maintain the infrastructure required to support these pools and provide a seamless experience for both the project creators and the stakers.

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3. Token Locking Fees

For projects that utilize Shine Pad’s token locking services, including team token locks and liquidity locks, there will be associated fees. These fees help cover the costs of managing the time-locked smart contracts and ensuring the security and integrity of the locked tokens.

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4. Vesting Schedule Management Fees

If a project uses Shine Pad’s token vesting services to distribute tokens to team members, advisors, investors, or VCs, a fee will be charged. This fee supports the development and maintenance of the automated distribution system, ensuring tokens are released according to the specified vesting schedule.

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5. Pre-Sale Hosting Fees

Projects that launch their pre-sales through Shine Pad will be required to pay a hosting fee. This fee includes access to Shine Pad’s robust infrastructure, marketing support, and community engagement tools to maximize the success of the pre-sale event.

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6. Transaction Fees

All transactions conducted on the Shine Pad Launchpad, including token purchases during pre-sales, minting new tokens, and staking, will incur standard blockchain transaction fees. These fees are necessary to facilitate the secure and efficient processing of transactions on the Shine Chain blockchain.

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Summary

The utilization costs of the Shine Pad Launchpad are designed to provide a secure, efficient, and valuable platform for all users. By charging these fees, Shine Pad can maintain its high standards of security, support ongoing development, and offer a range of premium services that benefit both project creators and participants.

These fees also ensure that Shine Pad can continue to innovate and provide the best possible experience for its users, contributing to the overall growth and success of the Shine Chain ecosystem.