Six things worth knowing.

On Hedera a token is a ledger entity, not a contract, and it is created with a list of the keys it will have: admin, supply, freeze, wipe, kyc, pause, fee schedule. A launch here passes an empty list. None of those keys is created, so none of those powers exists for anybody to hold.

That is a different kind of claim from the usual one. It is not that we promise not to mint more, or that an owner address has been set to zero and you should read the bytecode to confirm it. The capability was never brought into being, and the ledger will confirm that to you directly.

A launch puts a thousand million tokens into a single SaucerSwap V2 position, entirely on one side of the opening price. No HBAR goes in with them, which is what makes the launch one-sided: every coin that ever comes out of that pool was paid in by a buyer.

The position is minted straight to a contract that holds it. That contract makes exactly two calls into the exchange, to read a position and to collect what it has earned, and nothing that reduces a position is reachable from it. The way to check that is to read the file, which is short on purpose.

The fee is the pool's own tier. SaucerSwap keeps a sixth of it, so of every hundred traded, 0.833 reaches the position. You decide how that is divided: a share to as many as three of your own wallets, a share that buys the token back and burns it, and a share for the people holding.

The split is fixed when the token is made and nobody can change it afterwards, us included.

A token on Hedera has no code, so there is nothing to attach a transfer fee to. The one native option is a fractional custom fee, which applies to every transfer including the pool's own, and a concentrated liquidity pool cannot hold a token that taxes itself.

That is not a guess. Eighty six tokens with transfer fees exist on Hedera, and not one of them is in any of SaucerSwap's V2 pools. So the fee is one percent, and the token stays bare, which is the trade that lets it have no keys.

A launched token has no keys. A pairing asset is somebody else's token and usually does. USDC on Hedera has a freeze key, because a regulated stablecoin has one everywhere it exists. USDT0 has a freeze key and a wipe key. The bridged WETH and WBTC have wipe keys.

None of that is a defect, and it does not touch your token. But it is a real thing to know before you lock liquidity against one, so the launch form says which powers each asset's issuer still holds instead of implying every pair is equally inert. Some of the assets on that list have no keys at all.

On Hedera an account has to be associated with a token before it can hold any, and associating costs a few cents. Pushing a payout to three hundred holders would mean paying for three hundred associations in advance, guessing which already exist, and watching the rest fail one at a time.

So rewards wait to be claimed. A holder who claims associates themselves in the same breath, a cycle can never half land, and nothing expires.