Fees Guide
Let's break down how fees work in Solana and FASOL to help you understand your actual profits.
🚀 Priority Fee (?)
Paid to Solana network to process your swap. More fee -> faster tx
Key Points:
Set by you
Set amount is charged even for failed transactions
💡 Tip: Using Jito (?)
Want to avoid paying Priority Fees (?) on failed transactions?
Enable Jito protection (?)
Trades might be slightly slower
But you save on failed transaction fees
🏦 Account Rent Deposit
Paid to Solana network to store your tokens
Key Points:
Charged only once, on first buy, amount: 0.00203928 SOL
You get rent amount back when close (burn) account
How to Get Rent Back:
Use Sol-Incinerator to burn empty token accounts
Only burn when you're done with the token
This returns your rent deposit
🖤 FASOL Fee
Our service fee for providing fast, reliable trading
Key Points:
1% on successful trades
No fee on failed trades
Applies to both buys and sells
📊 Real Example Breakdown
🔵 BUY of tokens
FASOL fee: 0.001 (If you BUY 0.1SOL)
Account rent: 0.00203928 SOL
Priority fee (?): 0.001 SOL
Total BUY cost = 0.10403828 SOL
🔴 SELL Those Tokens:
FASOL fee: 0.001 (If you SELL 0.1SOL)
Priority fee (?): 0.001 SOL
Total SELL cost = 0.102 SOL
🎯 RESULTAs a result, even if you bought and sold for the same amount (0.1 SOL), you lost 0.00603828 SOL on this deal due to fees
Important Notes
Priority Fee (?) is always your choice
Use Jito (?) for better protection but slower execution
Account rent is recoverable
FASOL fee only on successful trades
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