Coffer

Trader vaults on Solana. Back the best traders. They can never run. 70/30 split. On-chain record.

[Coffer @CofferFun]

What Coffer is, in one post.

Anyone opens a vault. Investors deposit. The trader trades it and CANNOT withdraw it - custody is a program-owned PDA with no function that moves funds elsewhere.

70% of profit to depositors. Platform takes none.

https://t.co/w4MHvjOoHt

[Coffer @CofferFun]

The creator rewards just funded multiple vaults right now

https://t.co/Gs4ZF6i9LS

https://t.co/sR5skRhzPD

https://t.co/gsoeqZKxJ4

https://t.co/i1y1TKtn5e

https://t.co/YInYtTbIUR

https://t.co/Vcjr5XekGm

[Coffer @CofferFun]

@agustinabela360

[Coffer @CofferFun]

program 8315nL9tGA3TdYC6jr2jRiB1ccDepRKdXpBVmNybtW2U

status DEPLOYED on mainnet · executable=true

tx 33SrG51MM2Pn6zVcP9uzWiCt97w9NrHt9D4EP4zPkBfJRNKCPvPx3UcJuG7gDfPe28qpSkZJT2bKHc2r5GTJr9dC

cost 3.70 SOL from creator fees (16.50 → 12.79)

[Coffer @CofferFun]

@PKmalta Its getting removed right now

deposits will be open, but unaudited

[Coffer @CofferFun]

The vault program is live on MAINNET.

https://t.co/QYBUgpAYtO

Deployed with one change made first: the platform's 10% cut is gone from
the bytecode. It used to be charged on top of the trader's fee, leaving
depositors 60% while we said 70%.

70% is now enforced, not claimed.

[Coffer @CofferFun]

program 8315nL9tGA3TdYC6jr2jRiB1ccDepRKdXpBVmNybtW2U

status DEPLOYED on mainnet · executable=true

tx 33SrG51MM2Pn6zVcP9uzWiCt97w9NrHt9D4EP4zPkBfJRNKCPvPx3UcJuG7gDfPe28qpSkZJT2bKHc2r5GTJr9dC

cost 3.70 SOL from creator fees (16.50 → 12.79)

[Coffer @CofferFun]

@hyennaonsol RIght now build was already ready just needed to get audited and is now getting pushed

[Coffer @CofferFun]

16.5 SOL of creator fees now sitting in the vault funding wallet.

It cannot be distributed yet, and the reason is worth saying plainly: those fees are mainnet SOL. The vaults are devnet accounts. There is no bridge between them - not a policy, two different chains.

Mainnet first. Then it moves.

[Coffer @CofferFun]

@RebeccaRose33x @agustinabela360 Next few mins

[Coffer @CofferFun]

@xxR053xx Getting pushed out right now

[Coffer @CofferFun]

@agustinabela360 Getting pushed out right now

[Coffer @CofferFun]

@OnlyPumpNoDump Getting pushed out as we speak

[Coffer @CofferFun]

@PKmalta @kzy5oqI2ux37793 Yes

[Coffer @CofferFun]

First creator fees claimed: 1.383 SOL, now in the vault funding wallet.

4MERYBFWdz37zr13AyrntYtZDxdbZhdzvAxFuXiTLSpd

Claiming on https://t.co/33aLeK71X0 is permissionless - zero signers - so a cron can crank it and nobody needs a key over the money to move it along.

Distribution next.

[Coffer @CofferFun]

To be clear about what gets funded:

Creator fees will be distributed to vaults on MAINNET only. Devnet and test vaults get nothing, ever.

We are on devnet today, so nothing has been distributed yet. Fees accumulate in the funding wallet until real vaults exist on mainnet.

No payouts for test accounts.

[Coffer @CofferFun]

Anyone can be a trader, a vault could be created by any user

There are 2 Vault options mainnet vaults and devnet vaults

Devnet Vaults allow you to papertrade coins and give you a better vault score which allows the fees to be distributed to higher rated account vaults when on mainnet

The fees are distributed to the mainet vaults

[Coffer @CofferFun]

Custody is a program-owned PDA.

The depositor sends SOL to it. The trader can call swap on it. Neither the trader nor we can move funds to a non-vault account - because that function does not exist.

Not a promise. An absence.

[Coffer @CofferFun]

100% of $Coffer creator fees go to the vault funding wallet - and the authority to change that has been revoked.

Read it yourself:
5E4Ruk9YFhBQAWSrXF5wnAvk3cc6ce8dDQnoNxR4SHhn

10000 bps to 4MERY...TLSpd. admin_revoked = true.

Not a promise. Nobody can redirect it. Including us.

[Coffer @CofferFun]

$Coffer is live.

2WXUVeGq53qJ7QZacDWNRhyxsomCsZeBNsfYixY1pump

Trader vaults on Solana. The trader trades your deposit and cannot withdraw it.

https://t.co/w4MHvjOoHt

[Coffer @CofferFun]

The vault funding wallet:

4MERYBFWdz37zr13AyrntYtZDxdbZhdzvAxFuXiTLSpd

https://t.co/33aLeK71X0 creator fees land here, then get distributed into vaults.

Published now, while it holds 0 SOL and has funded nothing - so every deposit and payout from it is checkable against what we said.

[Coffer @CofferFun]

Coffer is open source.

https://t.co/KLcXZ4GHHp

The vault program, the API, the terminal - and BACKLOG.md, which is the list of what does not work yet. Unaudited, devnet only, and SECURITY.md says so before anything else does.

Read the gap list first.