How your pad shows up on the explore page. All of this stays editable later.
Every token launched on this pad prices against this one asset. Frozen into the contract at creation, so nobody can sneak a different pair through later.
The most any launch here may charge. Pons itself allows 10%. Your pad can be stricter, and a launch above this is rejected. Also frozen at creation.
Open pads let anyone launch. Invite only means you keep an allowlist, which you can edit at any time from the pad contract.