Docs
How PremiumPad works, what you're paying for, and what's enforced on-chain.
Overview
PremiumPad is a permissioned memecoin launchpad on Solana. Unlike open pads, every launch is gated by social proof (10 unique-wallet upvotes) and a scarcity rule(one launch per wallet, forever).
flow: ↓ post idea (ticker, name, pitch) ↓ rally 10 upvotes (other wallets, no self-vote) ↓ pay 1 SOL (same wallet) ↓ token deploys (bonding curve + locked LP)
Posting an idea
Connect your Solana wallet and submit a ticker (2–10 chars, A-Z/0-9), a name (≤40 chars), and a pitch (≤280 chars). Tickers are first-come, first-served and the wallet that posts the idea is the only one that can launch it.
Upvote mechanics
- One upvote per wallet per idea. Upvoting again removes it.
- Authors cannot upvote their own ideas.
- Sybil filter: freshly funded or duplicate wallets are excluded from the count.
- An idea is Approved once it hits 10 qualifying upvotes.
Launching
Once approved, the original poster — and only the original poster — can trigger launch by signing a transaction that transfers exactly 1 SOL. The contract deploys the SPL token, seeds the bonding curve, and burns the LP key.
launch tx: → verify(author == idea.author) → verify(idea.upvotes >= 10) → debit(author, 1 SOL) → spl::create_mint(idea.ticker) → curve::seed(initial_liquidity) → lp::burn_key()
Fees & treasury
The 1 SOL launch fee is split:
- 70% → bonding curve liquidity seed
- 20% → PremiumPad treasury (audits, infra, buybacks)
- 10% → upvoter rewards pool, distributed pro-rata to the wallets that upvoted approved ideas
FAQ
Why one launch per wallet?
To kill spam, copy-paste forks, and revenge launches. Scarcity makes every idea count.
Can I delete a posted idea?
No. Once it's posted it's public and your wallet is committed. Post carefully.
What if my idea never reaches 10 upvotes?
It stays on the board, but your wallet is still considered "used." Choose wisely.
Is the 1 SOL refundable?
No. The fee is consumed by liquidity, treasury, and upvoter rewards.