How It Works

How to launch

1. Open the launch form and connect a Solana wallet (Phantom, Solflare, Backpack, etc.).
2. Fill in name, ticker, description, token image, and optional socials. Configure Tax Shield, KOL Shield, Ricochet, and an optional initial buy if you want them.
3. Approve the transactions (3 required, plus one each for blocklist and initial buy if enabled. Ricochet rides along inside the same transaction as the launch + curve setup, no extra signature). Your token is tradeable the moment the last one confirms.

Tax decay, explained

Every trade pays a 1% base fee, all in SOL. There's no token-side fee, so wallet-to-wallet transfers are 1:1. That 1% is the floor; the sell side can be configured higher for the opening window.

The Tax Shield toggle lets you add a decaying sell tax on top of the floor for the first minutes of trading. You pick four values:

• Starting rate: 10, 15, 20, or 25%
• Mid rate: 2, 3, 4, or 5%
• Step 1 duration: 5, 10, 15, or 20 min (how long the starting rate holds)
• Step 2 duration: 10, 20, 30, or 45 min (when the 1% floor takes over)

The schedule is locked on-chain at launch and evaluated in real time on every sell, no crank, no delay. After Step 2 expires, the sell tax settles at the 1% floor forever. No one can change the schedule after launch, including you.

Prefer no decay? Flip the toggle off and traders pay a flat 1% round-trip from the first transaction.

What happens at migration

• The bonding curve auto-completes when its SOL reserve hits 121 SOL.
• Any wallet can call migrate_to_pool followed by create_meteora_pool. The protocol bot runs this automatically, humans can too.
• All curve SOL + tokens deposit into a new Meteora DAMM v2 pool. Meteora's permanent_lock_position runs in the same transaction. The LP position is permanently locked with no withdrawal path.
• Trading continues on Meteora (via Jupiter, the Meteora UI, etc.) with the same 1% total fee as the bonding curve.

Buying and selling

On the bonding curve: choose a SOL amount to buy, or a token amount to sell. The UI quotes the expected output and sets a 2% slippage tolerance automatically. If price moves past that threshold, the transaction reverts instead of executing at a worse rate.

Post-migration, the same token trades on Meteora DAMM v2 and is routable via Jupiter. Use any Solana DEX aggregator.

What the fees are

• Buy (bonding curve): 1% in SOL, routed to the platform fee vault.
• Sell (bonding curve, decay active): The rate you see in the UI is the total. The base 1% feeds the LP-seed vault as retained SOL; any additional decay component splits 50/50 between an inline curve buyback (producing tokens for the LP-seed) and more retained SOL.
• Sell (bonding curve, decay ended): Flat 1% in SOL, all retained for the LP seed.
• Meteora pool swap (either direction): 1% LP fee per side. Meteora keeps 20% of LP fees as protocol fee; the remaining share splits 62.5% reinject / 25% Diamond Hands / 6.25% deployer bonus / 6.25% platform. The deployer slice rolls into the Diamond Hands pool that cycle if the creator isn't still holding their initial buy.
• Migration (one-time, paid out of the bonded raise): 0.035 SOL is withheld from the migration deposit to reimburse whoever submits the migration transaction (the real on-chain cost is ~0.026 SOL of stranded PDA rent plus Meteora pool creation; the small buffer keeps the cranker self-sustaining without subsidising it from the platform). The LP deposit at migration is the bonded raise minus 0.035 SOL. The protocol's crank bot runs this automatically; the wallet is 8yseoHXhaiUJFCjdFZJrPbUMScqTZncDmB9QUeZVR5z.

The UI shows the effective rate before every trade. No trailing fees, no sneaky routing.

After migration

Trading moves to Meteora's DAMM v2 pool. The LP position is permanently locked, so liquidity only grows. A permissionless reinject crank claims Meteora LP fees and splits them four ways, most of the share reinjects into the locked position so the pool deepens over time, while 25% funds Diamond Hands rewards and 6.25% goes to the deployer bonus (or the holder pool if the dev sold below their initial buy).

Ricochet, platform-level deflection

Ricochet is a protocol-level allowlist scan that runs at the top of everybuyandsellduring the bonding curve phase. Every program in the transaction is checked against an allowlist of ~8 legitimate DEX programs (Jupiter, Raydium, Orca, Meteora, pump.fun). Any other caller, Photon, Axiom, BullX, Trojan, GMGN, Bloom, Banana Gun, BonkBot, Padre/Terminal, is rejected before the trade executes. Deny-by-default, so new bot platforms are blocked automatically without requiring an update.

BundleGuard, anti-sniping at launch

The buy instruction enforces slot-based rate limits during the launch window. Jito bundles that pack multiple buys into one slot fail atomically, the token simply never launches for the bundler. The cap is tightest in the opening seconds, looser but still effective through the first part of the launch window, then off.

KOL Shield, per-token blocklist

Each token gets a 20-address blocklist set by the creator at launch. Blocked wallets cannot buy or sell, enforced on-chain before the AMM math runs. The blocklist can be updated by the creator only during the bonding curve phase; once the token migrates it's locked in along with everything else.

Permanently locked LP

After migration, Meteora's permanent_lock_position marks the LP as unwithdrawable at the protocol level, visible in the Meteora UI and on block explorers. Combined with the reinject flywheel, the pool only gets deeper over time. There is no unlock path, no vesting cliff, no creator escape hatch.