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Solana contract details

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Written by Prometheus
Updated over 2 months ago

Understanding Fees and Pricing on Our Solana Meme Launchpad

Our Solana-based meme token launchpad operates using a pump.fun-style exponential bonding curve with transparent, fixed fees. All contract code is publicly viewable and verifiable on the Solana blockchain.

How Our Bonding Curve Works

Exponential Price Discovery

We use a constant product formula identical to pump.fun's proven mechanism :

Formula: (virtual_tokens + sold) Γ— (virtual_sol - collected) = k

Key Parameters

  • Virtual Token Reserve: 36,000,000 tokens (calibrated for fair pricing)

  • Virtual SOL Reserve: 36.61 SOL (ensures 35 SOL collection at graduation)

  • Tokens on Curve: 800M tokens available for trading

  • Graduation Threshold: 35 SOL collected = automatic DEX listing

Price Behavior

  • Early buyers: Get more tokens per SOL due to lower demand

  • Price increases exponentially as more tokens are purchased

  • Automatic graduation: When 800M tokens sold β‰ˆ 35 SOL collected

Fee Structure - FIXED 1% (100 BPS)

Trading Fees (Non-Negotiable)

  • Platform Fee: 1% of every transaction

  • Applied to both: Buy and sell transactions

  • Fee Recipient: Platform address (hardcoded)

  • No creator fees: Unlike pump.fun, we don't charge additional creator fees

Graduation Mechanics

When a token reaches 35 SOL in treasury :

  • Platform Takes: 5 SOL (graduation fee)

  • Liquidity Pool: 30 SOL + 200M tokens sent to admin for DEX listing

  • No Additional Fees: Graduation is automatic and free for users

Token Economics

Supply Distribution

  • Total Supply: 1 billion tokens

  • Bonding Curve: 800M tokens (80%)

  • Liquidity Pool: 200M tokens (20%) minted at graduation

Safety Limits

  • Minimum Trade: 0.0001 SOL

  • Maximum per TX: 10 SOL

  • Slippage Protection: Optional minimum tokens out parameter

  • Treasury Minimum: 0.0001 SOL balance maintained

Built-in Protections

Mathematical Safeguards

  • Overflow prevention on all calculations

  • Balance verification before every transaction

  • Constant product integrity maintained throughout curve lifecycle

Economic Security

  1. No rug pulls: Treasury funds locked in bonding curve until graduation

  2. Automatic graduation: No manual intervention required

  3. Fair launch: No presales or team allocations

Admin Limitations

Admins CAN:

  • Change their own address

  • Withdraw funds ONLY after graduation

Admins CANNOT:

  1. Modify fee rates (hardcoded at 1%)

  2. Access treasury before graduation

  3. Prevent token trading

Verification Steps

Check Current State

  1. Visit Solscan to view our program

  2. Examine the PLATFORM_FEE_BPS constant (100 = 1%)

  3. Verify graduation thresholds and treasury mechanics

  4. Review all event logs for complete transparency

Monitor Transactions

  • All buy/sell events logged on-chain

  • Platform fees automatically calculated and transferred

  • No hidden charges or surprise costs

Audit the Code

  • Complete Rust source code available

  • Anchor framework for securit

  • Standard SPL token implementation

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