Coin Structure
Learn about how Metal structures and distributes coins to ensure liquidity and fair distribution.
Distribution Breakdown
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App Allocation - 15% of the coin supply is allocated to the app. This is held in the app's vault.
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Presale Allocation - 25% of the coin supply is reserved for the presale.
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Liquidity Pool - 60% of the coin supply is reserved for liquidity to enable coin buying and selling.

Liquidity Pool Lock
The liquidity pool is locked behind a time lock. In the case where the token creator needs to migrate the token, the liquidity pool can be unlocked and the token can be migrated after the time lock passes.
Presale Fee
A successful presale unlocks full access to our API. Metal takes 7.5% of the proceeds from the presale to support usage of the API. After that using the API is free forever.
Trading Fees
Metal implements a simple and transparent fee structure for all appcoin trading:
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Merchant Fee - Merchants earn a 0.5% fee on all appcoin buys and sells, both within the app and on external marketplaces.
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Platform Fee - Metal takes a 0.5% fee on all appcoin trades.
Metal does not take fees from in-app transactions, such as appcoin rewards or spending.