d33p
Doctrine

Down,
not sideways

A d33p token is two assets joined together. People buy your token with the one you chose as its pair, the pool keeps that pair, and you earn a share of every trade. The curve has a floor that you place. When the token graduates, the liquidity is locked for good.

I

The tax

You pick the tax once. It is written into the pool and nobody, including us, can raise it later. Meteora keeps 20% of every fee and d33p keeps 30% of a 1% base. Everything above that base is yours, before and after graduation.

For the first minute the fee starts at 50% and comes down to your tier, so snipers in the first block pay for it. Your own bundled first buy is exempt. You can change where your share goes at any time: your wallet, a vault, or a bot that buys the paired asset.

Trading fee and how that fee is shared
FeeYoud33pMeteora
1%56%24%20%
2%68%12%20%
3%72%8%20%
5%75.2%4.8%20%
10%77.6%2.4%20%
II

The floor

Every pool opens at a $5,000 market cap and graduates at $50,000. On the way up the curve has sixteen steps, and one stretch of them is loaded with far more liquidity than the rest. Buying lifts the price through that stretch like any other. Selling has to eat through everything parked there before the price can drop below it. That stretch is the floor. You choose where it sits when you launch, it is written into the pool, and no other launchpad curve on Solana has one.

Once a pool graduates its liquidity is locked for good. There is no unlock instruction, for anyone. Half of every pool fee goes back into it, so the pool only gets deeper.

ShelfProtects early buyers

Floor at the start. From the first trade the price is hard to push back down, so early buyers are protected. Raises the least and ends with the smallest locked pool. Raises about $8.9k by graduation, and the floor from $5k to $10.3k holds $4.5k of it. 18% of supply waits for the locked pool.

ReefBalanced, the default

Floor in the middle. The price climbs easily to it, then becomes hard to push back down. A fair raise and a solid locked pool. Raises about $12k by graduation, and the floor from $11.9k to $21.1k holds $8.6k of it. 24% of supply waits for the locked pool.

TrenchBiggest pool

Floor near the top. The price can swing until it gets there, then holds like a wall. Raises the most and leaves the deepest locked pool. Raises about $18.3k by graduation, and the floor from $24.3k to $50k holds $16.6k of it. 37% of supply waits for the locked pool.

III

The current

The tax arrives in the paired asset. What happens to it next is called the current, and you choose it at launch. The simplest current is your own wallet. The others hand the launch to the d33p vault, which runs the current on a fixed schedule and publishes every step: the holder snapshot, its hash on chain before any draw, the random number, and the payouts. Anyone can check a result. A launch can move into a current later, but never back out.

KeepTo your wallet

The tax goes to your fee wallet. Claim it whenever you want.

No rules. It is your money.

TidePaid to diamond holders

Once a day the tax is paid out to holders in the paired asset. Your share is based on the smallest balance you held over the past week, so selling any of it cuts your payout for the next seven days.

Hold for 7 days without selling. New buyers start earning after their first full week.

DrawTen winners every six hours

Every six hours the tax is split between ten holders picked at random, using a random number anyone can check on chain. Each 10,000 tokens you hold for the full six hours counts as one ticket.

You need at least 10,000 tokens, held for the whole six hours. More tokens means more tickets. Every winner gets the same amount.

BallastLocked into the pool

Once a day the tax buys your token and locks it in the pool together with the pair, for good. The pool gets deeper every day and nobody, including you, can take that liquidity out again.

No rules. Everyone who holds benefits from the deeper pool.

TributeUp to the parent

For a token paired with another d33p token. The tax goes up to the parent token and follows whatever that token does with its own tax.

Only available when the pair is itself a d33p launch.

DeedWhole units to one name

Once a day the tax buys whole units of the pair for one person named at launch, and each unit gets its own certificate. That means one share if the pair is a stock, one SOL, or a round lot of a coin. Anything not claimed within ninety days is locked into the pool instead. The person can also turn it down.

The name is set at launch and cannot be changed. Only that person can claim the units, hand them to someone else, or refuse them. The creator gets nothing back.

IV

Any pair

SOL, USDC, a tokenized stock, another memecoin: if it trades on Solana and has a price, you can pair with it. Each launch writes its own curve on chain, so nothing has to be set up in advance and nothing is gated by us.

Some Token-2022 mints with special extensions need a Meteora badge first. The launch form checks that on chain before you sign anything.

That includes a d33p token. Pair with one and your token descends from it: its curve fills with the parent, your tax is paid in the parent, and at graduation the parent raised is locked in your pool for good. Every token page shows its line of descent down from the stock or the SOL at the root, and the launches paired with it.

A child’s raise may take at most 10% of its parent’s supply, so a parent must be worth about ten times the raise first. Meteora only: Raydium takes only the pairs its own admins set up.

V

Two venues

A launch lives on Meteora or on Raydium, and each venue keeps its own rules. Meteora is everything described above: the tax, the floor, the current, and the pool that pays you. Raydium is where stock launches trade today. It takes one signature, has one curve shape and no floor. Its program lets a creator take 0.5% of every trade directly and no more, so a tax above that comes in as d33p’s platform fee. d33p keeps 0.5% of volume on every tier and holds the rest for you in the d33p Raydium vault. That balance is read from your pool’s own fee counter on chain and you claim it on your token page, with every payout listed. After graduation the pool pays you 1% of every swap. Currents work on Raydium too, all except Tribute.

Either way the address ends in d33p and the token takes its number in the catalogue.

What each venue does with a trade
MeteoraRaydium
Fee on the curve1% to 10%, your choice1.25% to 5%, your choice
To youeverything above the baseeverything above 0.75%, then 1% of every swap after graduation
Who pays youthe pool, you claim hereRaydium pays 0.5%; the d33p vault holds the rest until you claim it here, every payout listed
The flooryesno
The currentyesyes, all but Tribute
Pairsany priced mintthe mints Raydium has configured, most stocks among them
Signaturestwoone
Launch a token