FAQ
Questions, answered plainly.
18 short answers. For the exact math, read the docs.
Basics
A Solana token launchpad. Tokens open with a short auction at one price, the dev allocation is locked for 24 hours, builders have a public Passport, holders get a share of fees, and every token's chart has scheduled FLOW windows for limit orders. Overview in the docs.
No. The site runs in demo mode. Markets, other traders, auctions, FLOW windows and rewards are simulated and labeled DEMO DATA. Your balance is demo SOL stored in your browser.
The onchain program is unaudited and not deployed. No transaction is ever sent from this site.
Any Solana wallet extension that supports Wallet Standard (Phantom, Solflare, Backpack and others), or the built-in demo wallet if you have none. In demo mode, connecting only shares your public address. The demo wallet is a throwaway key kept in this browser. How the demo wallet works.
Yes. The launch wizard walks through the token, the dev allocation and the terms before anything happens. Your Passport shows you as a first-time builder, which is honest and fine. Write a short story about what you are building and why; it is the first thing people read. Start a launch.
Launches, locks, Passport and rewards
For 30 seconds you bid a SOL budget and a maximum price. At close, one clearing price is set where demand meets the 20% tranche, and everyone who fills pays that same price. Unused budget is refunded. Bids are public onchain, and bots can still take part. Clearing rules.
If not enough is bid, the auction clears at the floor price, everyone fills in full, and unsold tokens go to the pool. If nobody finalizes the auction within 10 minutes of close, anyone can abort it and every bidder is refunded in full.
The dev allocation the creator declared (0 to 10% of supply) and the creator's fee vault, for 24 hours after launch. It does not control any other wallet. Tokens the creator buys in the auction or on the curve are not locked, and token pages label them “Not controlled by ABC”.
A Passport is a builder's public profile. Items marked verified come from onchain data, such as launches by that wallet. Everything else is self-reported and labeled that way.
Check the wallet address, not just the name or picture. If a profile pretends to be someone else, use the Report option on the profile and choose impersonation. Never trust a link or wallet address sent to you in a DM.
30% of every fee goes to a vault for that token. Each epoch it is shared by time-weighted average balance, among wallets that averaged at least 100,000 tokens. You claim with a Merkle proof. Rewards depend on trading activity, so there is no fixed amount. Fee split and your rewards.
No. Rewards follow how much you hold and for how long, not volume, so trading back and forth only costs you fees. Splitting a balance across wallets earns the same total, and small wallets below the minimum earn nothing.
ABC FLOW
A scheduled, voluntary window on a token's chart where you can place a limit order: sellers set a minimum price, buyers set a maximum. For 30 seconds orders collect; at close everything that crosses trades at one price. It is not a freeze, a queue, or permission to sell. You can always trade on the spot market instead. Open and upcoming windows.
Not necessarily. It fills only if the clearing price meets your limit and there is volume on the other side. If the side you are on has more interest, orders at the marginal price fill partially, pro rata. Anything unfilled is returned when the window settles. You can cancel while the window is open, but not in the final 5 seconds.
The chart shows the spot price of the ABC curve pool. FLOW orders match buyers with sellers directly and never trade against the pool, so the pool price does not change when a window clears. That does not mean FLOW has no market impact: a large fill can still change what people are willing to pay afterwards.
Clearing and settling are open to anyone, and a keeper runs them automatically. If a window still is not cleared within the grace period, anyone can abort it and every order is returned in full, tokens and SOL.
Fees, control and risk
Spot trades pay 1%. FLOW fills pay 0.3% on each side. The auction has no fee. Every fee is split: 25% to pool liquidity, 30% to holders, 30% to the creator and 15% to the protocol. Details.
The pool uses a virtual SOL reserve so it can open at the auction price. Only real SOL can be paid out, and the site shows that real amount, never the virtual part. Sells that would need more than the real reserve are rejected.
Three authorities are retained and disclosed: a config admin, a rewards publisher, and the program upgrade authority. The admin cannot block refunds, settlement or claims, or touch escrows. The upgrade authority could change the code itself, which is the largest trust assumption until it is revoked or put behind a timelock. Authorities.
No launchpad can make a token a good buy. Launch tokens are speculative and can go to zero. The program is unaudited. abc.fun changes some rules of a launch, but it does not remove risk, and nothing here is financial advice. Risks and disclosures.