The road ahead

Build phase one: wallet mode

Coins launch on Meteora's own programs. Fees go to a team fee wallet, and our bot carries out the split and every payout from there. In phase one none of that is enforced on chain.

• Launch rules on Meteora's curve
• The six-way fee split, carried out by our bot
• Holder payouts that grow with hold time
• Trader rebates
• Weekly supply drops
• Creator pay with the normal payouts, and a 3-day delay on developer coins
• Fee tiers
• The reviewed developer track
• The bundle report on every coin page, with the creator's first buy
• The public ledger, with a transaction for every payment

Public practice run

A practice run of phase one before anything goes live. It is not real money.

• Anyone can launch, trade and get paid in the practice run
• What it turns up is fixed before launch

Audience

Telling people about the pad, and fixing what the practice run turns up.

• X and Discord
• A launch video
• The first posts
• Feedback from the practice run fixed

Phase one launch

Launches open in wallet mode. The team can change the rules, and any change is posted with its date before it takes effect.

• A legal position before anything opens
• The team fee wallet published
• $TRENCH launches on this pad, under the same rules as any other coin
• Stock-token pairs for the stock tokens Meteora has approved

Phase two: our own on-chain program

The same rules move into our own program. It is built and tested, and is not live yet.

• The pots sit in the program, not in a team wallet
• The six-way split enforced by our program
• The 3% first-buy limit in the launch enforced on chain
• Creator pay and the developer coin delay carried out by our program
• Program source published for review
• An outside security review
• The upgrade key on a multisig
• A cap on what the program may hold