Discover
New here? Backers make the first buy; a vault agent with on-chain limits holds it.
How it works (2 min)- Every launch is priced in one quote asset: SOL, USDC or a tokenized stock. Backers put it in before launch; at launch the raise makes the coin’s first buy on its launchpad, the bundle, before anyone else can trade.
- The bundle sits in a vault traded only by a vault agent with on-chain limits. What it sells stays in the vault. By default, of the coin’s creator fees, 10% go to backers, 75% to the vault and 15% to buyback & burn; creators get 0% by default, and any creator share is set at creation and shown on the coin’s page.
- Payback: when the vault is 5× its start, the agent may pay backers back. Miss the minimum raise and backers get 100% back. Trading runs on the coin’s curve until graduation, then on its venue’s pool.