Protocol docs · v1
How Foundry Test works.
Everything about memecoin launchpads on Foundry Test: the launch pipeline, the price curve, where every fee goes, and what we can and cannot do with your coin.
01
Overview
Foundry Test is a memecoin launchpad running on MEME OS Foundry. Its own coin is $FTEST. Every coin launched here sends part of its trading fees back into $FTEST.
| Item | Value |
|---|---|
| Chain | Solana |
| Venue | Meteora Dynamic Bonding Curve |
| Launch fee | 0.05 SOL + network fees |
| Trading fee | 1% per trade |
| Graduation | ~420 SOL market cap |
| Custody | None. You sign everything in your own wallet. |
02
The memecoin program
Every coin is created through Meteora's Dynamic Bonding Curve program, the same audited program used by large Solana launchpads. Foundry Test gives each coin its own fresh config, so its fee settings can't be changed by anyone later.
- 1
Fill in the coin
Name, ticker, picture and an optional description. The picture and details are pinned to IPFS.
- 2
Sign two transactions
The first creates the coin's config and pays the 0.05 SOL launch fee; the second creates the coin and its pool.
- 3
Verified listing
The coin only appears on this site after the server reads the payment, the pool and the fee settings back from the chain.
- 4
Trade and graduate
Trading starts instantly. At about 420 SOL market cap Meteora moves the coin into a regular pool automatically.
03
Bonding curve
A bonding curve is a price formula instead of an order book. The pool starts with virtual reserves, so a coin can trade from the first second without anyone adding liquidity.
price = SOL reserve ÷ coin reserve, SOL reserve × coin reserve = constant
Each buy adds SOL and removes coins, so the price climbs. Each sell does the reverse. Bigger trades move the price more, which is why your wallet shows price impact before you sign.
| Stage | What happens |
|---|---|
| Launch | Starts around 30 SOL market cap |
| Curve | Price follows the formula above; anyone can buy or sell |
| Graduation | At ~420 SOL Meteora migrates the liquidity to a normal pool automatically |
04
Fee split
Meteora keeps 20% of each trading fee. The rest is split like this:
| Who | Share | How it's paid |
|---|---|---|
| Coin creator | 50% | Paid by Meteora straight to the creator. Set on-chain at launch. |
| Buy & burn $FTEST | 25% | MEME OS buys $FTEST and burns it |
| Launchpad owner | 10% | Sent in SOL to the owner wallet |
| MEME OS | 15% | Infrastructure; 10% of this buys and burns $MEMEOS |
Launch fee (0.05 SOL): 0.015 SOL buy & burn $FTEST, 0.015 SOL to the owner, 0.02 SOL to MEME OS.
Total fees at 1%: 1 SOL. Example only, not a forecast.
05
Payouts
Once an hour MEME OS collects each coin's platform share from Meteora and pays it out. Every step is written to a public ledger, shown on the About page.
| Rule | Value |
|---|---|
| Minimum to collect | 0.005 SOL per coin |
| Minimum owner payment | 0.01 SOL |
| Minimum buy & burn | 0.02 SOL |
| Buy & burn | Waiting until the $FTEST coin address is set |
A payment is recorded before it's sent. If anything fails mid-way, it's never sent twice automatically; it waits for a manual check.
06
Security
- We never ask for seed phrases or private keys. Every launch and trade is signed in your wallet.
- Creator fees are set in the coin's on-chain config at launch. Nobody, including MEME OS, can redirect them.
- Coins are listed only after the chain confirms the payment, pool and fee settings, so fake listings are impossible.
- Limits: 5 launches per wallet per day, 60 per day across all launchpads.
07
Reference
| Name | Address |
|---|---|
| Meteora DBC program | dbcij3LWUppWqq96dh6gJWwBifmcGfLSB5D4DuSMaqN |
| Launchpad owner | 6PFAkoxYx8X6p6atLReH34uDmezLtwRjZ2ZDdyveNQTd |
| $FTEST | Not set yet |
08
FAQ
What is a bonding curve?+
Price rises as people buy and falls as they sell. No liquidity needed to start.
What happens at graduation?+
When the coin reaches the graduation market cap, Meteora moves it to a regular trading pool automatically.
Who holds my coin's fees?+
Meteora pays the creator share straight to your wallet. Nobody can switch it off.