A launchpad and its platform token
Every token launched on FLOOR has a floor: a buy order in its own pool, paid for by the launch and fed by every trade. The floor only moves up.
01
97.5% of the money raised waits under the price, as a buy order anyone can sell to.
The other 2.5% is the $FLOOR cut. On a launch priced in SOL on Solana, a keeper sweeps it into $FLOOR. On any other launch its chain’s platform treasury holds it.
02
The pool, the wall and the floor trade with holders all the way round the cycle.
a preset: 20% sale · 10% pool · 69% staircase · 1% tail
03
A small slice of each trade drops into the buy order, so it grows.
Meme: 1.5% far from the floor · 0% on buys and 2.25% on sells at it
04
The token’s price can still fall. The floor under it never goes down, even when people sell to it.
anyone can call the ratchet, and trades on the FLOOR site do
Floor = backing ÷ circulating supply
The vault’s backing over the tokens it has to answer for.
On Custom and $FLOOR, the reserve waits in one band of tokens above the floor. Nothing sells there until buyers reach it. Every token it sells pays into the floor, and then the wall moves up with it.
Cook, Bluechip and Breakout sell theirs on a staircase instead. Fixed steps of tokens, each one doubling of the price, run from the graduation market cap to about $1B. At each ratchet, what they sold is split between the floor and the pool by how far the floor sits under the price and how much money the pool holds. With ETH at $2,400, a steady climb on Cook leaves $718k in the vault at a $10M market cap and $7.5M at $100M. A sell of 3% of the market cap then moves the price about 9%. Those figures were measured with the steps to about $100M.
05
High above the floor, a band of tokens waits for sale. When buyers reach it, their money joins the floor.
Below the wall only a few tokens are for sale, so the price can move a lot.
06
The steps go up to about $1B, each at twice the price of the last. When buyers climb a step, its money joins the floor and the pool.
The market still sets the price, and it can fall back toward the floor.
Cook, Bluechip and Breakout · Custom keeps one wall, from 1.1× to 20× the floor
| A pump to | Wall sells | Into the floor | Floor after |
|---|---|---|---|
| $1M | 272M | $145k | $246k |
| $3M | 410M | $378k | $497k |
| $10M | 496M | $834k | $962k |
Wall = max(k × Floor, open)
Or the market price at the last ratchet, once buyers reach it. It only moves up.
| Token | Lifetime volume | ATH mcap | From the wall | Floor | Floor, min | Today |
|---|---|---|---|---|---|---|
| SafeMoon V1 + V2 | $9.47B | $5.75B May ’21 | $25M | $160M | $163M | $0 |
| Saitama V1 | $6.53B | $12.4B Nov ’21 | $36M | $130M | $131M | $0 |
| Dogelon Mars | $23.6B | $1.27B Oct ’21 | $11M | $309M | $356M | $32M |
| Baby Doge Coin | $34.9B | $916M Dec ’24 | $8.3M | $449M | $520M | $73M |
| Ponke | $12.6B | $413M Nov ’24 | $2.0M | $169M | $193M | $13M |
| EverGrow | $1.11B | $1.57B Nov ’21 | $12M | $28M | $28M | $0 |
| Mumu the Bull | $1.79B | $280M Jul ’24 | $4.7M | $30M | $32M | $0.2M |
| Hoge Finance | $0.86B | $312M Oct ’21 | $20M | $35M | $36M | $1.2M |
| Mode | Graduates at | Sale raises | Reserve | Floor skim, far from floor | Creator fee |
|---|---|---|---|---|---|
| Breakout | $50k mcap | $10k | staircase, 14 steps | 0.25% / 0.25% | 0.5% / 0.5% |
| Cook | $200k mcap | $40k | staircase, 13 steps | 0.75% / 0.75% | 0.75% / 0.75% |
| Bluechip | $500k mcap | $100k | staircase, 11 steps | 1% / 1% | 1% / 1% |
| Custom | your call | its sale share | wall, 1.1×–20× floor | ≤ 10% / 10% | ≤ 5% / 5% |
The raise, the skim, what the wall sells and swept fees all pay the cut before they count as backing. A SOL launch’s cut backs $FLOOR, on Solana. It waits on the launch’s own pool until a permissionless keeper sweeps it across, once $FLOOR has graduated. Every other launch’s is held in its own quote by its chain’s FLOOR platform treasury.
$FLOOR is a Solana launch. Its pool runs the same hook with a 2.5% floor skim and a 0.5% creator fee a side, and no holder rewards. After its raise its pool pays the FLOOR Platform fee like every other pool (0.25% today), and the timed raise itself pays none.
It is the only raise on FLOOR that runs on a clock, with no target, cap or minimum. When the clock stops, the tokens split pro-rata at one clearing price: total raised ÷ tokens offered.
Every SOL launch’s swept cut adds to one bid.
| Mode | Floor skim far | All in, at the bid buy / sell | All in far from it |
|---|---|---|---|
| Cook | 0.75% / 0.75% | 1.247% / 4.988% | 1.996% |
| Bluechip | 1% / 1% | 1.746% / 6.734% | 2.744% |
| Breakout | 0.25% / 0.25% | 0.998% / 2.245% | 1.247% |
| $FLOOR | 2.5% / 2.5% | 0.998% / 4.739% | 3.492% |