> For the complete documentation index, see [llms.txt](https://loadout.gitbook.io/product-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://loadout.gitbook.io/product-docs/resources/faq.md). # FAQ ### General questions #### What is Loadout? Loadout helps indie and AA studios launch tokens and earn development funding from eligible trading fees. Studios publish their games, teams and plans so traders can assess them. #### Do developers need to build Web3 games? No. A studio can build a traditional game and use Loadout as a funding mechanism. #### Who can launch? The first studio launches are curated. Contact Loadout to discuss your project. We'll announce any expansion of launch access when it's ready. #### What does it cost to launch? Loadout charges no upfront listing fee. The protocol earns a share of eligible trading fees. Solana transaction costs can still apply. ### Fees and graduation #### What are the current fees? LOAD has already graduated, and its official LOAD/SOL pool charges 1.5%. For our first studio launch, the standard bonding-curve fee is 5%, split 4 percentage points to the studio and 1 to Loadout. The official pool starts at 2% after graduation. Temporary launch protection, where enabled, is reflected in the live trading quote. #### Does the studio still receive 4% after graduation? No. The first studio's graduated pool charges 2% in total. Meteora takes 20% of that fee, and the controlled launch position's remaining claimable fees are split 80/20 between the studio and Loadout. With no compounding or studio buyback allocation and all LP fees earned by the controlled position, the studio receives the equivalent of 1.28% of eligible pool volume. [Fee Structure](https://loadout.gitbook.io/product-docs/overview/fees) explains the allocation and qualifications. #### When does the first studio token graduate? At 1,000 SOL in real bonding-curve reserves. The reserves seed the official Meteora DAMM v2 pool, and the graduation liquidity position is permanently locked. Holders keep the same token. There can be a brief pause while the on-chain transition completes. #### Is 1,000 SOL the studio's raise? No. It is the reserve target for liquidity. Studio fees are accounted for separately. Trading volume, market capitalisation, liquidity reserves and studio funding are different measures. #### Will every future launch use these settings? We're starting here for the first studio launch and monitoring trading activity, liquidity, fee capture and actual studio revenue. We'll publish future launch settings before trading opens. #### Can other pools trade the token? Yes. Tokens remain transferable and independent pools can have different prices, liquidity and fees. Those trades do not automatically fund the studio or Loadout. Official-pool participation is something we measure, not a guaranteed share of the market. ### Tokens and trading #### What is a bonding curve? It is the launch pricing mechanism. Configured reserves establish the starting price. Buys move the curve price up, while sells move it down. Virtual SOL is a pricing parameter, not deposited cash. #### What is the difference between Fair Launch and Studio Launch? Fair Launch has no reserved team or treasury tokens. Studio Launch can reserve up to 20% for each, with a maximum 40% combined and mandatory on-chain vesting. Supply allocated to the public curve and liquidity is different from tokens already circulating in holders' wallets. #### Can I sell? The curve supports buys and sells while active, followed by pool trading after graduation. Execution depends on available liquidity, slippage limits and network conditions. A brief graduation pause can occur. #### Can token metadata change after launch? The token name, symbol, description and image are fixed at launch. Project-page updates and new game media are separate from token metadata. ### Funding and safety #### Who controls studio funding? The studio controls its treasury wallet and can claim its available allocation. The curve and locked pool reserves are separate from those claimable fees. #### What if the token never graduates? While the curve remains active, it can continue processing buys and sells and generating the applicable studio fees. Graduation and future trading activity are not guaranteed. #### Does locked liquidity make the token risk-free? No. Permanent locking prevents withdrawal of the locked position's principal. Token prices can still fall, volume can decline and a studio can fail to deliver. Audits also do not eliminate every smart contract risk. Read [Security & Audits](https://loadout.gitbook.io/product-docs/security-and-audits). For further questions, contact . ### Does every studio run buybacks? Buybacks depend on the studio's configuration. Check the project UI to see whether buybacks are enabled and the allocation. When enabled, they use part of the studio's fee allocation to buy and burn its own game token, reducing the SOL the studio retains for development.