Docs / Getting started

What FomoPad is

A launchpad on Solana where every coin is launched on a FOMO star.

The idea

FOMO ranks traders. FomoPad lets anyone launch a coin on one of them: pick a star, name the coin, and it goes live on a bonding curve in SOL. Buy early, price goes up; sell back into the curve whenever you like. When the curve has raised its target, the coin graduates to a Meteora pool and trades like any other token on Solana.

The star is the theme and the beneficiary. Half of every trading fee goes to their wallet, pushed there by a harvest anyone can send, whether or not they ever hear about the coin. They have no powers over it, and their wallet is never collateral: a coin is worth its curve, then its pool.

Life of a coin

  1. Launch. One transaction mints the coin, opens its curve on Meteora's Dynamic Bonding Curve with the pad's launch config, hands the pool's creator role to the pad, and registers the coin on its star. Optionally the creator buys first in the same transaction, so nobody can front-run them.
  2. Curve. Most of the 1,000,000,000 supply sells along the curve, from about 25 SOL of market cap to about 420. Every buy and sell pays a 1% fee in SOL.
  3. Graduation. Once the curve holds 85 SOL, Meteora migrates it: the SOL and the reserved supply open a DAMM v2 pool whose liquidity is the pad's and permanently locked.
  4. Pool. The coin trades on DAMM v2, through this site or any Solana aggregator. Pool fees keep flowing to the star.

What it is not

  • Not copy-trading. The coin does not hold what the star holds and does not follow their trades.
  • Not backed by the star. The wallet read-out on a coin page is context. The coin's value is its own curve and pool.
  • Not endorsed. Anyone can launch on any address. The provenance panel says where a name came from; see Choosing a star.