Tomorrow’s fees, sold today.
Every day, a coin’s next day of creator fees goes to auction. The winning bid goes to a burn pool that buys and burns the coin in small steps. Outbid? Your SOL comes straight back.
illustration
outbid · Ld3…v6H got 1.280 SOL back in the same transaction · 5m ago (illustration)
The board
read from chainReading the chain…
One day, hour by hour
00:00 · roll
23:00 · bidding closes
every tick is a possible burn: one buy per 15 minutes, at most 1% of the SOL side
the back of the ticket
What a bid buys. One day of the coin’s creator fees. If that day’s fees beat your bid, you got more than you paid. If not, the difference funded the burn.
A quiet day is cheap. An uncontested day costs 0.05 SOL. Anyone, including whoever launched the coin, can win a day nobody else bids on that cheaply.
No winner, no seat. That day’s fees go to the burn pool instead.
The program is upgradeable by its deploy key until it is frozen. Until then that key could replace these rules. There is no admin instruction in the code.
Refunds. A beaten bid goes back to its wallet in the same transaction. Fees and refunds held in a ticket can be claimed any time.
The burn is slow on purpose. One buy per 15 minutes, at most 1% of the SOL side, and none while the price is more than 5% above the day’s reference.