The fee is shared with the holders.
PadLink is a launchpad on Meteora's Dynamic Bonding Curve where the trading fee is paid in LINK and the biggest share goes to the people holding the token.
Launch
Fill in a name, ticker, image and links. One transaction creates the token and its Meteora Dynamic Bonding Curve pool, optionally with your own first buy so nobody gets in ahead of you. Supply is fixed at 1 billion, there is no mint authority, and metadata is immutable.
The bonding curve
Price rises as people buy and falls as they sell, along a curve defined by the launchpad config. Every token launched here uses the same config, so every curve plays by the same rules. Progress shows how much of the graduation threshold has been raised.
Holder payouts
Every buy and sell pays a trading fee in LINK. After Meteora takes its protocol share, the platform claims the rest every few minutes, pays the creator share, sends the platform share to the treasury, and sends the holder share to every holder pro rata. Payouts go straight to wallets with no claim step; a LINK account is opened for holders who do not have one yet. Amounts too small to be worth a transaction carry over to the next payout instead of being lost. Every payout is published on the token page with its transactions.
Graduation
When the curve fills, the pool migrates to a Meteora DAMM v2 pool automatically. The liquidity is permanently locked. The same fee applies on the DAMM v2 pool and payouts keep running exactly as before. After graduation, trades route through Jupiter.
Risks
These tokens are created by anyone and are highly speculative. Payouts only exist when people trade, so they can be zero. Nothing here is a promise of profit. Check the contract address, and never trade more than you can afford to lose.