Octroi$OCTROI
Docs

The gate

RehearsalThe launchpad is not open, so the gate only rehearses. Nothing here is a real toll yet.

The rule

4%Pool fee on every trade
3%Back to verified humans
1%What humans will pay

How the launchpad will work when it opens. Of our cut of their 4%, 50% will go to the verified humans holding the coin and 30% will buy back and burn $OCTROI.

Trade $OCTROIHow it works
Recent tollsnone yet
Tolls start when the launchpad opens. No trade has been tolled yet, so this tape stays blank until then.

Coins at the gate

When the launchpad opens, the coins paying the most robot toll show up here, then the busiest.

The coin list starts when the launchpad opens. No coin has launched here yet, so there is nothing to rank. In the meantime, $OCTROI is live on Meteora.

See $OCTROI

Where the 4% will go

This is how the launchpad will split fees when it opens. Every coin launched there will charge one pool fee, the same for everyone. Who gets it depends on who traded.

Every tradePool fee 4%
0.8%Meteora protocol fixed by Meteora on every pool
3.2%Octroi split by who traded, below
Robot, agent or unverifiedPays 4%, gets nothing back
1.6%Dividends to verified humans holding that coin
0.96%Buyback and burn buys $OCTROI and burns it
0.48%Creator the coin's launcher
0.16%Ops servers and audits
Verified humanPays 1% after the rebate
3%Back to the trader paid out each epoch
0.2%Creator and ops half each

Percentages are of the trade value. Meteora keeps 20% of every pool fee on the launchpad's pools; the rest will be split by these published rules each epoch, and every split will be in the epoch files on the transparency page.

What $OCTROI will be for

The platform coin

When the launchpad opens, $OCTROI gets three jobs. Until then it trades as a plain Meteora token.

  • $20Launch burn. Every coin launched here will burn about $20 of $OCTROI, for good.
  • $10Dividend bond. A verified human will bond about $10 of $OCTROI to share the robot toll on the coins they hold. Locked, not spent.
  • 30%Buyback and burn. 30% of Octroi's cut of the robot toll will buy $OCTROI and burn it, every epoch.

Dollar amounts are the published launch parameters; the treasury will price them in $OCTROI when the launchpad opens.

Epochs and the vault

Ledger

The vault opens with the launchpad

Every hour, the keeper will post who is owed what as one public root, and anyone can recompute it from the published files. The vault has to hold every SOL it promises: the program will refuse any root that promises more than the vault holds.

no vault and no epochs until the launchpad's programs are deployed