Frequently asked questions
Quick answers. For the full explanation on any of these, follow the link.
Who wins the jackpot?
Whoever's buy transaction pushes the curve's real SOL reserves past its target. They receive 70% of the entire accumulated pot, paid instantly in that same transaction. Full details in The Jackpot.
Is the house wallet a rug?
No. It's disclosed up front, hardcoded into the program's source at deployment, and can only ever receive its fixed 20% cut. It has no authority over anyone's funds and can't be changed after the fact. Once live, you'll be able to verify every payout on Explorer yourself.
What's the rebate pool, and why would I buy early if the winner is unpredictable?
A 10% slice of the pot is set aside for every buyer to claim pro-rata by how much SOL they've ever put in. It's the one reward for buying early that doesn't depend on outrunning a "greater fool." It only pays out if the curve actually completes; see The Jackpot.
What if the curve never reaches its target?
Then there's no trigger, no winner payout, and no rebate payout either, to anyone. This is a real, disclosed risk (the same "pyramid" risk any bonding-curve token has): if buyers stop showing up, the curve just stalls.
Why did my sell fail after the curve completed?
The jackpot payout empties the curve's tradeable SOL reserves down to zero. There's nothing left to sell into. Selling is only available while the curve is still live.
What happens to my tokens if I'm not the one who completes the curve?
You keep them. They just become illiquid once the curve completes, since selling closes at the same moment. Only the completing buy receives the winner's SOL payout, though you can still claim your rebate pool share if you ever bought.
What's slippage tolerance?
The maximum price movement you'll accept between quoting a trade and it landing on-chain. If the price moves against you by more than your tolerance, the transaction reverts instead of executing at a worse rate than you approved.
Why does price impact look high for a large buy?
Price here is a ratio of the curve's own reserves, not set by an order book, so a bigger trade relative to the reserves always moves it more. This is expected, deterministic behavior, not a bug. See Bonding Curve Mechanics.
Is this audited?
No. This is unaudited example/demo software. See Security Model for what that does and doesn't mean in practice.
Does the site ever see my private key?
No. All signing happens locally in your wallet extension. The backend only ever relays an already-signed transaction. See Security Model.
Can I build my own frontend or bot against this?
Yes. The backend's HTTP and SSE endpoints are public and documented in the API Reference.
What's the program address?
…, not deployed yet, so no Explorer link for it to check yet.