Frequently Asked Questions
Common questions about FEY Protocol, how it works, and how to participate.
General Questions
What is FEY Protocol?
FEY Protocol is the first fully permissionless, user-owned launchpad built on Base. Unlike traditional launchpads owned by corporations, FEY operates as decentralized public infrastructure where users gain real ownership through staking $FEY tokens.
Key Differences:- 100% of protocol fees redistribute to token stakers
- No governance required for core operations
- Users own the infrastructure they use
- All operations are permissionless and automatic
How is FEY different from Pump.fun?
While Pump.fun pioneered fair-launch mechanics, it remains a privately-owned corporation:
| Feature | Pump.fun | FEY Protocol |
|---|---|---|
| Ownership | Corporate shareholders | Token stakers (users) |
| Fee Distribution | To company treasury | 100% to stakers |
| Revenue Sharing | At company discretion | Automatic & permanent |
| Buybacks | Optional company decision | Automatic & public |
| Control | Centralized team | Permissionless contracts |
What does "permissionless" mean?
Permissionless means that core protocol operations happen automatically through smart contracts without requiring approval from any central authority:
- Fee distribution is automatic
- Buybacks are triggered by public functions
- No governance votes needed for basic operations
- Anyone can call maintenance functions
Token Economics
How does the $FEY token work?
$FEY serves multiple roles in the ecosystem:
Base Pairing Token: All deployed tokens pair with $FEY (not ETH) Staking Token: Stake $FEY to earn protocol fees Reward Token: Token creators earn fees in $FEY Governance Token: Future DAO functionality (not yet active)
Key Properties:- Fixed supply: 100,000,000,000 $FEY (100B tokens)
- No inflation: No new tokens ever created
- Burnable: Tokens can be permanently removed
- Cross-chain: Compatible with Superchain bridges
How do staking rewards work?
When you stake $FEY, you earn from multiple revenue streams:
Protocol Fees: 20% of all LP fees from every pool
LP Rewards: Fees from protocol-managed liquidity positions
Buyback Distribution: $FEY purchased from automatic WETH conversion
- Fees accumulate in the Fee Locker contract
- Stakers can claim their share anytime
- Rewards are proportional to staked amount
- Early stakers get higher relative rewards
What creates buy pressure for $FEY?
Several mechanisms create consistent demand:
Trading Volume: Every token pairs with $FEY, so all trades involve $FEY Creator Rewards: Token creators earn fees in $FEY, becoming stakeholders Automatic Buybacks: WETH fees are converted to $FEY and distributed Staking Demand: Users need $FEY to earn protocol fees
Using the Protocol
How do I deploy a token on FEY?
Token deployment involves several steps:
- Prepare Configuration: Token metadata, liquidity settings, reward splits
- Deploy via Factory: Call
deployToken()with your configuration - Include Extensions: Add ETH for dev buy or other extensions
- Automatic Setup: Protocol handles pool creation, liquidity, and MEV protection
See our detailed Token Deployment Guide → for complete instructions.
What are extensions?
Extensions add functionality to token deployments:
FeyUniv4EthDevBuy: Purchase tokens with ETH during deployment Future Extensions: Presales, airdrops, vesting, team allocations
Extensions must be approved through the allowlist contract and can be combined in a single deployment.
How do creator rewards work?
Token creators earn multiple types of rewards:
Creator Fees: 1% of trading volume in their token LP Position Rewards: Fees from protocol-managed liquidity Network Growth: All rewards paid in $FEY, so creators benefit from network success
Reward Flow:- Trading generates LP fees
- Creator's share flows to LP Locker
- LP Locker distributes to configured recipients
- Recipients can claim from Fee Locker
Can I stake $FEY now?
Yes! Staking is now live and you have several options:
Web Interface: Visit fey.money for the easiest staking experience
Farcaster Miniapp: Use the miniapp by @jpfraneto.eth at this link
Direct Contract Interaction: Call the deposit function on the staking contract at 0x72f5565Ab147105614ca4Eb83ecF15f751Fd8C50
Staking Benefits:
- Earn fees from all protocol activity
- Proportional rewards based on your staked amount
- Claim rewards through the Fee Locker anytime
Technical Questions
What blockchain is FEY on?
FEY Protocol is deployed on Base Mainnet (Chain ID: 8453).
Why Base?- Lower transaction costs than Ethereum
- Fast block times and finality
- Growing DeFi ecosystem
- Superchain compatibility for future expansion
What is Uniswap V4 and why does FEY use it?
Uniswap V4 is the latest version of the Uniswap protocol with advanced features:
Hooks System: Custom logic for pools (FEY uses this for fee management) Dynamic Fees: Fees can change based on market conditions Gas Efficiency: Lower costs for swaps and liquidity operations Singleton Architecture: All pools share one contract
FEY's hook integrates deeply with V4 to provide:
- Automatic fee collection
- Dynamic fee adjustment
- MEV protection
- Extension system integration
How does MEV protection work?
New token pools receive MEV protection during their first 2 minutes:
Protection Features:- MEV module can increase fees up to 80% to deter MEV bots
- No liquidity changes allowed during protection window
- Automatically expires after 2 minutes
- Uses a "no-op" module that immediately disables itself
- Serves as template for future MEV protection strategies
- Can be upgraded to more sophisticated protection
Are the contracts audited?
Contract audit status:
- Smart Contract Review: Internal security review completed
- External Audit: In progress with reputable auditing firm
- Bug Bounty: Community bug bounty program planned
- Multiple access controls and permission systems
- Freeze mechanisms for critical parameters
- Capped fees and MEV protection limits
- Reentrancy protection on critical functions
How can I verify contract authenticity?
All contracts are verified on BaseScan:
- Check Addresses: Use our official address list →
- Verify Source Code: All contracts have verified source on BaseScan
- Token Verification: Official $FEY token has verification status
- Social Verification: Follow @feyprotocol for official announcements
Troubleshooting
Why can't I deploy a token?
Common issues and solutions:
Factory Deprecated: Factory may be temporarily disabled
- Solution: Wait for reactivation or check if you need bootstrap access
Base Token Not Set: Protocol not fully initialized
- Solution: Wait for protocol bootstrap completion
Extension Not Enabled: Extension not approved in allowlist
- Solution: Contact team to add extension to allowlist
Configuration Errors: Invalid deployment configuration
- Solution: Check that all arrays have matching lengths and reward BPS sum to 10,000
Where are my creator rewards?
Rewards flow through several contracts:
- Check LP Locker: Ensure
collectRewards()is being called for your token - Check Fee Locker: Query
availableFees()for your address - Claim Rewards: Call
claim()function to withdraw available fees
Use our Cast commands → to check reward status.
Why isn't my extension working?
Extension troubleshooting:
- Check Allowlist: Verify extension is enabled in allowlist contract
- Check Pool Configuration: Ensure extension is properly registered
- Check Extension Data: Verify extension data is correctly encoded
- Check ETH Amount: Ensure sufficient ETH sent for extension
How do I get support?
Community Support:- Discord: Join our community
- Twitter: @feyprotocol
- GitHub: Issues and discussions
- Security issues: security@feyprotocol.xyz
- Critical bugs: Please report responsibly through proper channels
Still have questions?
If you didn't find what you're looking for:
- Check our guides: Getting Started →
- Read the docs: Architecture Overview →
- Join the community: Discord
- Follow updates: @feyprotocol