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Fees and claims

Creation, updates and claims are three different actions. They do not use the same payment flow.

Creating a feed

Feed creation uses $COLA, which is permanently burned. The required amount is set by the protocol's creation settings.

The SOL needed to create accounts and pay Solana transaction fees is separate from the $COLA burn. Beta creation amounts will be listed here before opening.

Paying for an update

An application can request a paid refresh as part of the transaction that consumes the price. The transaction covers the feed's SOL fee and Solana transaction costs; a separate keeper is not required. Feed fees accumulate in a dedicated account, called a fee vault, and are split when claimed:

For example, 0.01 SOL in collected fees allocates 0.008 SOL to the creator and 0.002 SOL to the treasury. This is an example of the split, not the price of an update. Amounts are rounded to whole lamports.

Holding $COLA alone does not entitle a wallet to these fees. They belong to the configured recipients of feeds that actually collect paid updates.

Inclusion in another feed

Pricing for including a feed in a composite will be detailed here before the beta. It is separate from the fee for updating a feed.

Claiming fees

Fees accumulate until they are claimed. The beta guide will explain how to claim them and any minimum amount required.

Next: plan a feed people can use.

Documentation v0.1.0 · Beta