Costs

Ape Express requires a Minting Fee in the chain's Native Token for token creation. Additionally, creators must cover the transaction fee, which varies based on the gas price of the chosen chain.

The Minting Fee is determined as follows:

Fee minting ​ =Fee Base ​ + (Fee Feature ​ βˆ’ Discount Feature ​ ) βˆ’ Discount Coupon ​

Base Fee

The Base Fee is a set fee that applies to Token type, irrespective of the selected features.

The table below details the currently proposed Base fees for each blockchain.

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The Base fee is subject to revision and can be modified by the team.

Chain
Base fee

ApeChain

125 ApeCoin

Feature Fee

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Chain
Wallets
Add Liquidity
Reflections
Dividends
Buyback Whale

ApeChain

125 ApeCoin

125 ApeCoin

62 ApeCoin

125 ApeCoin

125 ApeCoin

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Referrals

To bring encourage users to join the Ape Express ecosystem, a coupon system has been developed which allows VIP users to create coupons to be shared with creators. Coupons can be used to reduce the cost of the Minting Fee and or pay a portion of the fee to the referrer (at no extra cost to the creator aka referee).

When making a coupon, the referrer can adjust the percentage for the referral fee or the discount. The total of both percentages should add up to 10%. Furthermore, the referrer can select how many coupons to issue and on which blockchain the coupon will be valid. Referrers can then share these coupons with their friends (referees) to help them save money and also earn some cash for themselves.

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The team can also generate discount codes with a referral or reduced price of up to 50%, which will be utilized for promotions or by ambassadors.

Here’s an example of how a coupon works:

User A (a VIP user) creates a coupon code "CODE123" that provides a 2.5% discount and a 7.5% referral fee.

User B configures a token that costs 745 ApeCoin ( 500 ApeCoin the Base Fee plus 245 ApeCoin for features).

Before deploying, User B uses the coupon code "CODE123," resulting in the following calculations:

  • 2.5% Discount: 500 ApeCoin x 2.5% = 12,5 ApeCoin

  • 7.5% Referral Fee: 500 ApeCoin x 7.5% = 37,5 ApeCoin

As a result, User B deploys the token and pays 487,5 ApeCoin instead of 500 ApeCoin. Of the total cost, 37,5 ApeCoin goes to User A as the referral fee.

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