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.
The Vision
"Everything will be tokenized" - this has been a thesis in crypto for years. Pumpfun proved this out as the first successful fair-launch platform, becoming one of the most profitable onchain experiments ever, reaching $750M revenue faster than any other protocol.
However, all existing launchpads share a fundamental problem: they are privately-owned corporations. While built on crypto rails for crypto participants, their structure and ownership remain from the old world.
FEY changes this by creating the first user-owned launchpad network where:
- 100% of protocol fees redistribute to token holders
- Operations are completely permissionless
- Users get real ownership, not just utility tokens
- The network is self-sustaining without external capital
How FEY Works
Core Mechanics
🔄 Automatic Fee Distribution- 20% of all LP fees flow to the protocol
- Fees are collected in the paired token (FEY for most pools, WETH for the base pool)
- 100% redistribution to stakers through permissionless contracts
- All deployed tokens pair with $FEY (similar to Zora's model)
- Creates constant buy pressure on $FEY from every trade
- Token creators earn rewards in $FEY, aligning them with network growth
- WETH fees trigger automatic $FEY buybacks
- Anyone can call the buyback function (typically every 60 seconds)
- Purchased $FEY is distributed to active stakers
- New pools get 2-minute MEV protection window
- Prevents sniping during fair launches
- Automatically disables to allow normal trading
Network Participants
Token Creators- Deploy tokens on FEY and earn creator rewards
- Receive 1% of trading fees in $FEY
- Gain exposure to network growth through $FEY holdings
- Stake $FEY to receive protocol fee distributions
- Earn from all trading activity across the network
- True ownership stake in launchpad infrastructure
- Access to fair-launch tokens with MEV protection
- Trade on Uniswap V4 with dynamic fee optimization
- Benefit from deep liquidity provided by the protocol
Key Differences from Other Launchpads
| Feature | Traditional Launchpads | FEY Protocol |
|---|---|---|
| Ownership | Corporate shareholders | Token stakers (users) |
| Fee Distribution | To company treasury | 100% to stakers |
| Revenue Sharing | At company discretion | Automatic & permanent |
| Governance | Centralized decisions | Permissionless operations |
| Creator Rewards | Fiat or company tokens | Network token ($FEY) |
| Buybacks | Optional company decision | Automatic & public |
Why This Matters
FEY represents a return to crypto's founding principles:
- Self-sovereignty: Users own the infrastructure they use
- Permissionless: No central authority controls operations
- Aligned incentives: All participants benefit from network growth
- Public goods: Infrastructure owned by its users, not corporations
When you participate in FEY, you're not just using a launchpad - you're becoming a co-owner of the network itself.
Getting Started
Ready to explore FEY Protocol?
- Learn the concepts: Key Concepts →
- Start using: Getting Started Guide →
- Deep dive: Protocol Architecture →
- For developers: Integration Guide →
FEY Protocol: Where users own the rails they trade on.