What's next for https://t.co/LuGmgo4C1g?
- Supporting Launches: promote and publicize launches with good volume, high holder rewards payouts, and high solana:4mbPZzDCWXvTCJbscMWeDD7TT1pra9mkZHGaBxc2jupx Burn contribution
- Holders Fee Take-over: At first only available to tokens with high creator fee share of over 15-20%, so holders get to decide where the fees of the token they hold go when creators are no longer working.
- Permanent solana:4mbPZzDCWXvTCJbscMWeDD7TT1pra9mkZHGaBxc2jupx buyback tax: In exchange for holder fee takeover, we route a small fixed % permanently to buying back and burning solana:4mbPZzDCWXvTCJbscMWeDD7TT1pra9mkZHGaBxc2jupx.
What does this mean for the flywheel?
- Tokens that reward holders/burn solana:4mbPZzDCWXvTCJbscMWeDD7TT1pra9mkZHGaBxc2jupx get support > more volume > more fees > more solana:4mbPZzDCWXvTCJbscMWeDD7TT1pra9mkZHGaBxc2jupx burns.
- Abandoned high-creator-share tokens can be rescued by their holders > longer project life > sustained volume
- Permanent solana:4mbPZzDCWXvTCJbscMWeDD7TT1pra9mkZHGaBxc2jupx buyback means even more buyback and burns for us
Day 2 of Jup Pad's launch:
- $4.5m in total Launchpad volume.
- Over 2000 new holders.
- 163 tokens launched.
- Made over $40k for Jupiter.
- Paid $17k to holders.
Just day 2.
https://t.co/lxjoGgc9gE
Launch day on Jup Pad:
- 54 tokens launched.
- Almost $3m in volume.
- A token graduated - solana:DendBuwMu2afwavjNJPaozFoJJ7u9fLyk2LD1oCwjupx.
This was only day one; more to come.
launch on Juppad.
https://t.co/1YcpyxB7a2
How Jup Pad works:
- Set the ticker.
- You pick the pair. SOL, a stock, a meme, or another token.
- Choose the mode. Holder split, diamond hands, or top buyer bounty.
- Pick where the fees go before you launch
- The reward can be a stock, a meme, or another token.
- The coin opens toward Jupiter and shows up on the board.
https://t.co/L8QRvha9WL