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New here? Backers make the first buy; a rate-limited vault agent holds it.
How it works (2 min)- Every launch is priced in one quote asset: SOL, USDC or a tokenized stock. Backers put it in before launch; at launch the raise makes the coin’s first buy on Raydium LaunchLab, the bundle, before anyone else can trade.
- The bundle sits in a vault traded only by a rate-limited vault agent. What it sells stays in the vault. Of the coin’s creator fees, 10% go to backers, 75% to the vault and 15% buys back and burns the Backstock token.
- Payback: when the vault is 5× its start, the agent may pay backers back. Miss the minimum raise and backers get 100% back. Trading runs on the LaunchLab curve until graduation, then on a Raydium pool.
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