1. Home
  2. Terms

Terms

What the pad does, what it does not promise and what it cannot control. A coin here earns trading fees or it earns nothing, and the pad decides none of that: whoever trades it does.

What the pad does

  • It signs a coin’s mint when you pay the launch fee, and writes the fee split into the coin in the same instruction that revokes the admin.
  • It mints a baby for a coin once it has claimed 10 SOL of that coin’s fees since its last birth.
  • It divides a parent’s holder pool among that parent’s holders four times a day and writes down every figure the division used.
  • It keeps 15% of every coin’s trading fees, and buys and burns its own token with that.

What it does not promise

  • No coin here is an investment and nothing on this site is advice. A coin earns trading fees or it earns nothing.
  • A coin that is not traded earns no fees, has no baby and pays nothing. Most coins are not traded.
  • A pool under 0.1 SOL sends nothing that round, and a share under 0.0005 SOL is held until it is worth sending. A wallet that leaves keeps whatever is held for it; if it never crosses the floor again, those lamports stay in the pool.
  • The price of any coin launched here is set by whoever trades it, not by the pad.

What it cannot control

  • The chain. A congested network, a failed transaction or an outage delays a round, and a delayed round is paid on a later pass rather than skipped.
  • The fee program a coin’s fees are collected by. Anyone may claim a coin’s fees, not only the pad, and a claim made by somebody else is not in the pad’s own books.
  • Whether a coin’s picture or name stays available: both are stored off the chain by whoever uploaded them.

Checking it

Every figure on this site links to the transaction behind it.