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Protocol Overview

FEY Protocol is built as a layered system on top of Uniswap V4, creating the first fully permissionless, user-owned launchpad. This page explains the high-level architecture and how all components work together.

System Architecture

┌─────────────────────────────────────────────┐
│                 User Layer                  │
│         (Traders, Token Creators)          │
└─────────────────────────────────────────────┘

┌─────────────────────────────────────────────┐
│              Extension Layer                │
│     (DevBuy, Future: Presale, Vesting)     │
└─────────────────────────────────────────────┘

┌─────────────────────────────────────────────┐
│               Factory Layer                 │
│        (Token Deploy, Pool Init)           │
└─────────────────────────────────────────────┘

┌─────────────────────────────────────────────┐
│               Hook Layer                    │
│    (Fee Management, MEV Protection)        │
└─────────────────────────────────────────────┘

┌─────────────────────────────────────────────┐
│             Uniswap V4 Core                 │
│         (Pool Management, Swaps)           │
└─────────────────────────────────────────────┘

Layer Responsibilities

User Layer
  • Token creators deploy new projects
  • Traders swap tokens and provide liquidity
  • Stakers earn protocol fees
Extension Layer
  • Modular functionality for deployments
  • Dev buys, airdrops, presales, vesting
  • Permissioned through allowlist contract
Factory Layer
  • Central orchestrator for deployments
  • Coordinates token creation and pool setup
  • Manages system configuration
Hook Layer
  • Integrates with Uniswap V4 pools
  • Handles fee collection and distribution
  • Provides MEV protection and extensions
Uniswap V4 Core
  • Decentralized exchange infrastructure
  • Pool management and swap execution
  • Liquidity position handling

Core Value Flows

1. Fee Distribution Flow

2. Token Deployment Flow

3. Creator Reward Flow

Network Economics

Fixed Supply Model

FEY operates with a fixed token supply that creates deflationary pressure:

  • Total Supply: 100,000,000,000 $FEY (100B tokens, fixed)
  • No Inflation: No new tokens ever created
  • Buyback Pressure: WETH fees converted to $FEY and distributed
  • Burn Potential: Future governance could implement fee burns

Value Accrual Mechanisms

Direct Fee Distribution
  • 20% of all LP fees flow to protocol
  • 100% redistribution to $FEY stakers
  • Immediate value accrual from network activity
Automatic Buybacks
  • WETH fees trigger $FEY market purchases
  • Reduces circulating supply
  • Creates consistent buy pressure
Creator Alignment
  • All creator rewards paid in $FEY
  • Successful creators become $FEY holders
  • Long-term network alignment

Network Effects

As FEY grows, it creates self-reinforcing loops:

  1. More Tokens → More trading volume
  2. More Volume → Higher protocol fees → Better staking returns
  3. Better Returns → More $FEY demand → Higher price
  4. Higher Price → Better creator rewards → Attracts more creators
  5. Loop continues → Strengthening network effects

Technical Architecture

Contract Interaction Map

Key Design Principles

Permissionless Operations
  • No governance required for core functions
  • Automatic fee distribution via smart contracts
  • Public functions for system maintenance
Modular Architecture
  • Extensible through approved extensions
  • Swappable components (lockers, MEV modules)
  • Clean separation of concerns
Uniswap V4 Native
  • Built specifically for V4's hook system
  • Leverages dynamic fees and advanced pool features
  • Designed for V4's gas efficiency improvements
Security First
  • Multiple layers of access controls
  • Freeze mechanisms for critical parameters
  • Capped fees and MEV protection limits

Integration Points

For Users

Token Stakers
  • Interface: Fee Locker contract
  • Action: Stake $FEY, claim accumulated fees
  • Rewards: Protocol fees from all network activity
Token Creators
  • Interface: Factory contract
  • Action: Deploy tokens with configuration
  • Rewards: Creator fees in $FEY, LP rewards
Traders
  • Interface: Uniswap V4 pools
  • Action: Swap tokens, provide liquidity
  • Benefits: MEV protection, dynamic fees

For Developers

Extension Builders
  • Interface: IFeyExtension interface
  • Integration: Allowlist approval process
  • Capabilities: Custom deployment logic
Frontend Developers
  • Interface: Factory and Hook contracts
  • Queries: Token info, pool state, fees
  • Actions: Deployment, trading, staking
Protocol Integrators
  • Interface: All contract ABIs
  • Monitoring: Event tracking, fee collection
  • Automation: Reward triggers, buybacks

Next Steps

Explore specific components: