Transparency

Every rule, every config value, every fee claim and every payout. Rules only change with notice: changes are announced here before they take effect. Config version 0.1.0-design.

Rules and config

Read live from the config file
Quick flip
Selling more than 50% of a position within 24h of the first buy
Buy cooldown
12h, 24h, 48h for the 1st, 2nd and 3rd flip within 30 days
Never penalised
Sells of 50% or less, positions held 7+ days, flagged emergency exits
Quick-sell fee
2%; the extra over your tier goes 100% to the pot
How the fee is charged
Buys: on the SOL you put in. Sells: on the quoted SOL out, paid in the same transaction. The pot's share (30% of the fee, all of a quick-sell extra) goes straight to the rewards pot wallet in that same transaction; the rest goes to the fee wallet. You pay the same total either way. Selling 100% also closes the emptied token account, so its rent comes back to you
Fee tiers
Standard: score 0+, 1%, ×1; Steady: score 40+, 0.75%, ×1.25; Iron grip: score 70+, 0.5%, ×1.5
Leaving Commit mode
Perks stop, Holder Score fades over 30 days
Pot inflows
30% of terminal fees, 100% of quick-sell extras, 50% of launchpad partner and LP fees
Pot split
70% committed wallets, 30% long-term $HELD holders, every Sunday 20:00 UTC
Committed share
Points earned that week × Holder Score multiplier, divided by everyone's; at most 10% of the pool per wallet, the excess shared among the rest
$HELD holder share
Tokens × days held since the wallet last reduced its balance (selling resets it to zero), at least 1 $HELD, at most 10% per wallet. Until $HELD is live this share stays in the pot for the next week
Minimum payout
0.001 SOL. Smaller shares are kept for the wallet and paid once they add up. Wallets under anti-farming review have their share held, paid in full if cleared, returned to the pot if confirmed
Left over
Anything a week can't place (caps, no eligible wallets, the holders' share before $HELD) goes into the next week's pot. Network fees for payouts are paid from the pot
Airdrop seasons
Season 1: 8 weeks, 8% of $HELD supply, by points earned in the season (at most 2% per wallet), starting at public launch
Holder Score
100 × (0.4·hold time + 0.2·held 24h+ + 0.2·held 7d+ + 0.2·win quality) − 6 per flip in 30 days; provisional (standard tier) until 5 positions are closed or 7 days old
Points
√(USD held, capped at $5,000) per day, ×1.5 after 7 days, only on what you bought through HELD; a flip takes back that position's points and costs 50
Aura
7-day average of 6 × Holder Score, + up to 250 for your longest open hold (full at 90 days), + up to 150 from calls that held up (25 per call at least a day old that you still hold at or above the call price, 25 more at +50%, calls from the last 90 days)
Who can earn
Commit-mode wallets at least 7 days old with 20+ on-chain transactions
Anti-farming review
Wallets sharing a funder within 72h, or with 3+ buy-then-sell round trips inside 10 minutes in a day, have points held until a person reviews them
Points cap
400 per wallet per day; position size counted up to $5,000
Launchpad curve
Meteora DBC, SOL pair, 1,000,000,000 tokens (6 decimals), starts near $5,000 market cap, graduates near $69,000 (set in SOL when the config is created)
Launchpad fees
1% per swap on the curve; after Meteora's protocol cut, 50% goes to the creator and 50% to HELD's partner side, of which 50% goes to the pot. The keeper claims the partner side and pays the split in the same transaction
After graduation
Meteora DAMM v2 pool, 1% fee, liquidity locked for good: 50% of the LP to HELD, 50% to the creator, fees only
Launch limits
Name 32 characters, ticker 10, description 280, image 2 MB, creator first buy up to 1 SOL in the create transaction
Members-first
Optional window before a launch: wallets at aura 500+ when it opens (the list is published with each window and its Merkle root is on-chain) commit 0.01 to 2 SOL each, at most 50 SOL per window, for 10 minutes. Members can withdraw everything any time before the launch. The launch's first swap buys for all of them at the base fee, and each claims tokens pro rata. No launch within 24 hours of the window closing: the SOL can only go back to members
Anti-snipe
25% falling to 1% over 60s
$HELD pairs
Off until $HELD graduates on pump.fun

How scores work

Holder Score, 0 to 100

100 × (0.4·H + 0.2·P24 + 0.2·P7 + 0.2·W) − 6 × flips in the last 30 days

  • H: average hold time weighted by size, on a log scale capped at 30 days
  • P24 and P7: share of positions held past 24 hours and past 7 days
  • W: win quality on held positions, small weight
  • Provisional until 5 positions are closed or 7 days old

Points

per position per day = √(USD size, max $5,000) × (1, or 1.5 after 7 days)

  • Bonuses for launchpad participation
  • A quick flip claws back that position's points, minus 50 more
  • Capped at 400 a day per wallet. Volume earns nothing
  • Wallet clusters, wash trades and new wallets are filtered before every snapshot

Aura, 0 to 1000

6 × Holder Score (7-day average) + long-hold bonus (up to 250) + call quality (up to 150)

  • Public, shown on profiles and cards
  • Call quality counts only calls the caller kept holding
  • Sets members-first eligibility on launches