About StonkPad
What StonkPad is
StonkPad is a Solana launchpad where every coin is a real StonkFun launch paired to STONK, and the coin's trading fees are turned into a basket of tokenized stocks the launcher chose and paid out to holders automatically, in proportion to what they hold. The launcher picks up to five xStocks; from then on, every trade of the coin earns STONK, the pad buys those stocks with it in equal parts, and holders receive the stocks in their wallets. Nobody claims anything.
How a coin works
Launch on StonkFun
A standard launch, paired to STONK.
Trades pay STONK
1% of every trade, in STONK.
The pad buys the basket
Each round swaps STONK into the basket.
Holders are paid
Stocks land in each holder’s wallet.
Launch. A coin is a standard StonkFun launch, paired to STONK on Raydium's LaunchLab. The coin's creator, on chain, is its payout wallet — not the launcher's own wallet.
Earn. Every trade on the curve pays a 1% platform fee to StonkFun. StonkFun forwards the creator's half, 0.5% of the trade, to the coin's payout wallet automatically — there is nothing to claim. After graduation the Raydium pool charges a 1% creator fee that StonkFun collects, and the coin's share arrives the same way.
Buy. Each round, the keeper takes a 10% ops slice off the top of what arrived, then swaps the rest of the payout wallet's STONK into the basket through Jupiter, equal parts by value.
Pay. Holders are paid by their share of the coin at the snapshot. Accruals worth less than 0.005 SOL roll forward to the next round instead of being sent. Everything else is paid straight into the holder's own wallet.
Custody, plainly
Each coin's payout wallet is a keypair only the keeper holds. The keeper could misdirect funds. Every swap and every payout is an on-chain transaction listed on the coin page, and the wallet's balance is public. A program that can only buy the basket and pay holders is the next version.
What can go wrong
- StonkFun stops forwarding creator fees, or changes the split, and rounds stop. The keeper alerts when a coin with trades has had no fee arrival for an hour.
- A stock is delisted from Jupiter or its route dries up. That leg is skipped and its STONK rolls to the next round; the coin page says so, and a paused stock stalls only its own payouts.
- Holder count explodes. Payouts are threshold-gated, so cost scales with holders who actually earn enough, not with wallets that hold dust.
- A holder sells right after the snapshot. Shares are by balance at the snapshot slot, which is the only defensible rule, and the slot is recorded on every round.
- The keeper key is custodial in v1, which is why it is stated here in plain words.