Revenue Generation

Contrary to most projects, Chef.fun's revenue generation sources are nearly unlimited. We will list the most important ones we expect to contribute the most to our generated revenues.

👨‍🍳 Platform Taxes

Initially, and at the time of writing, there is a 5% tax on each trade a person makes on the platform. In order to stay the most profitable platform to trade on, our platform taxes will dynamically move with our graduation rate, according to the following variables:

  • 0%-5% graduation rate = 1% platform tax

  • 5%-7.5% graduation rate = 2% platform tax

  • 7.5%-10% graduation rate = 3% platform tax

  • 10%-15% graduation rate = 4% platform tax

  • 15%+ graduation rate = 5% platform tax

The reasoning behind this is the following: Being a non-VC funded platform, Chef.fun has an aggressive growth plan which has to be funded. With all tokens in circulation, this is how we generate the funds required for our growth strategy and roadmap plans.

In addition, there is a valid reason for our taxes being slightly higher than other comparable platforms: We are not aiming to becoming another platform which makes deploying a token free and trading almost free, as all of these platforms have displayed that hardly any traders on them are profitable (due to the high number of projects not moving at all). Hence, our goal is to be the most profitable platform for traders by providing higher quality projects with a higher chance of success due to the benefits we offer, which in return directly benefits our platform users in being more profitable compared to using other platforms.

Example: At the current time of writing, we are boasting a 20%+ graduation rate over the past 24 hours (compared to 2% on Sunpump.meme, 1.3% on Pump.fun and 1.2% on Four.meme). So even though our platform taxes are higher than other comparable platforms, the tokens are almost 20 times as likely to graduate. A direct comparison between these two quickly highlights the benefits in this model for our platform users.

Having stated the above, and going forward, our platform taxes will be based on how profitable our platform is to traders compared to similar platforms, calculated based on the graduation rate. The below table will explain how it works (assuming the current platform tax of 5%):

Chef.fun (20%)Sunpump (2%)Pumpfun (1.3%)Four (1.2%)

Average buys required to hit 1 graduated token

5

50

77

83

Amount of $ spent on buys (assuming $100 per buy)

$500

$5,000

$7,700

$8,300

Platform taxes

5%

1%

1%

0.5%

Average taxes paid to hit 1 graduated token

$25

$50

$77

$41.5

With the current graduation rates at the time of writing, Chef.fun shows to be the most profitable platform to traders, despite the platform taxes being higher than the other platforms on this list.

In addition, and as buys on the Chef.fun platform are extremely early (and as low as sub $5,000 market cap), the opportunity for a high number of X's on your investment will most likely offset the above-mentioned taxes (and then some). If you are not a fan of the platform taxes, you can always wait until a token graduates, upon which any platform fees are removed.

👨‍🍳 DEX Taxes

If projects decide they want to keep their taxes once they hit a DEX, Chef.fun takes a minor 5% cut out of them. Hence, if a project lists on a DEX with 5/5 taxes, Chef.fun takes 0.25/0.25 and the team receives 4.75/4.75. In return, these projects get a startup environment that bootstraps them for success like no other.

👨‍🍳 Deployment Fee

In order to make sure Chef.fun does not become flooded with low quality projects, we charge a minor $100 fee to deploy a token.

👨‍🍳 Liquidity Pool Fee Once a project hits 100% completion rate on the platform, the liquidity pool is locked to the creator of that project. Chef.fun charges a ~300$ fee to lock this liquidity.

👨‍🍳 Paid Banner Advertising Spots (Coming soon)

Similar to platforms like Dextools, we will offer up advertising room for projects that would like to target our platform's visitors.

👨‍🍳 Featured Projects (Coming soon)

Developers and teams can pay to acquire a featured spot on Chef.fun's website, gaining extra visibility for their project.

👨‍🍳 Featured Profiles (Coming soon)

Developers and teams can pay to acquire a featured profile spot on the website, gaining extra visibility for themselves.

All current and future revenue is split in the following way:

- 40% is used to buy back and burn $CHEF tokens

- 20% is used to pay the referral commissions

- 40% is used to pay out the team, to cover infrastructure, upkeep, maintenance, development and to pay their bills as they will be pouring in most of their time and their entire lives to this project (so we will not have time to work a day job on the side).

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