# The new factory v2

V2: every new launch. Every new launch is a v2 launch, made by factory v2. This tab is how it works: the chains a creator picks, the opening market cap, degen mode, coin tokenomics and the fees.

Since 2026-10-27, every new launch on Ethereum, Base, BSC and Robinhood Chain comes from the new factory v2. Solana is unchanged: its launches keep going through the same splitter program. [Factory addresses →](https://www.pangea.trade/app/docs#routes)

## What is new for a launch

- The coin’s own tokenomics v2 vault can be named as its fee receiver. The factory checks it, and refuses a vault made for any other launch or creator.
- A tokenomics v1 vault is accepted as the fee receiver only when every EVM chain of the launch is paired with its native coin.

## The new fee splitter

Each EVM chain of a new launch has a **FeeSplitterV2**. The trading fee and the split between the creator and the platform are fixed for good. The fee receiver can be moved, in two steps: the platform proposes a new address, and the move takes effect only when that address accepts. The creator cannot move it alone.

Coins launched earlier keep the fee splitter they launched with. Their rules do not change, and they keep trading and bridging as before.

Part of the Pangea documentation, V2 tab: https://www.pangea.trade/app/docs.md