Launch terms and fees
Every launch on z poke has these terms, whatever its pair. The supply, the curve, the fee and graduation are fixed in Meteora's pool config for the pair before any launch uses it. How z poke's share of the fee is split is how z poke spends it, and each of those transactions is on chain.
The token
| Supply | 1,000,000,000, with 6 decimals. No mint authority, so it can never grow |
| Name, ticker and image | Set at creation: the name and ticker on chain, the image and details on IPFS. They cannot be changed |
| Sold on the curve | 800,000,000 (80%) |
| Paired with the raise at graduation | 200,000,000 (20%) |
| Allocated to the creator or z poke | None |
The curve
Each pair has one curve, used by every launch in it. A launch starts at a market cap of 5/16 of its graduation raise and graduates at five times the raise, so the price rises sixteenfold across the curve. Market caps below are in the pair's asset.
| Pair | Raise to graduate | Start market cap | Graduation market cap |
|---|---|---|---|
| SOL | 85 | 26.56 | 425 |
| NVDAx | 45 | 14.06 | 225 |
| SPYx | 13 | 4.06 | 65 |
| QQQx | 14 | 4.37 | 70 |
| GLDx | 26 | 8.13 | 130 |
| TSLAx | 27 | 8.44 | 135 |
| AAPLx | 30 | 9.37 | 150 |
| MSFTx | 20 | 6.25 | 100 |
| METAx | 13 | 4.06 | 65 |
| COINx | 52 | 16.25 | 260 |
| CRCLx | 115 | 35.94 | 575 |
Each raise was set to about $10,000 at prices on 25 September 2026. A stock pair's raise is a fixed number of stock tokens, so its value in dollars moves with the stock. The amounts above are raw tokens, which is how the curve counts them; wallets and the launch pages show stock tokens multiplied by the issuer's multiplier, so the same raise reads slightly higher there. Dividends, splits and the multiplier
The fee
1.75% on buys and sells alike, on the curve and in the graduation pool, taken in the pair's asset. For its first five seconds a launch charges more, falling each second, so buying the moment a token appears is expensive:
| Seconds after creation | Fee |
|---|---|
| 0 | 25.00% |
| 1 | 20.35% |
| 2 | 15.70% |
| 3 | 11.05% |
| 4 | 6.40% |
| 5 and after | 1.75% |
The creator's first buy, made in the transaction that creates the token, pays 1.75%.
Where the fee goes
| Share of volume | Goes to | How |
|---|---|---|
| 0.35% | Meteora | The protocol's 20% of every fee, taken by Meteora's program. |
| 0.70% | Rewards | Back to holders or buyers by the launch's mode, claimed from your wallet page. Conviction and FOMO |
| 0.50% | $ZPOKE | For buying $ZPOKE on the market and burning it. |
| 0.20% | z poke | Sent to z poke's treasury, in the asset it was earned in. |
| 0.00% | The creator | Nothing. |
| 1.75% | Total |
Go deeperHow z poke handles its share
Once an hour z poke's fee wallet claims the fees waiting on each curve and in its position in each graduation pool, and splits what it has claimed in each asset 70 / 50 / 20. The $ZPOKE and treasury shares round down; the rewards take the remainder. Fees worth less than $5 wait for a later hour; once a fee has waited a day it is claimed in the next hour whatever it is worth. At most 20 curves are claimed in one hour: those whose fees have waited a day first, then the largest.
The treasury transfer waits until its share of an asset is worth $5.
After graduation
| Pool | Meteora DAMM v2: the token against the pair's asset |
| Liquidity | The raise and the 200,000,000 reserved tokens, in one position locked permanently |
| Who can withdraw it | Nobody. The position can only collect fees |
| Fee | 1.75%, in the pair's asset, split as above |
| Compounding | None. Fees are collected, not added to the pool, so its liquidity stays what graduation put in |
Between the curve completing and the pool opening there is nothing to trade, and the ticket says so.
What there is not
- No creation fee. Creating a launch costs network fees and account rent, shown in your wallet before you sign.
- No fee share, allocation or pool position for the creator, and no allocation for z poke.
- No fee to claim rewards beyond the network fee, and account rent when your wallet has no account for that stock token yet.
- Nothing to stake for rewards: holding or buying the token is enough. You never need $ZPOKE.