Ladle

The recipe

Every number Ladle runs on, in one place. The curve is a Meteora Dynamic Bonding Curve config (the pot) owned by the cook wallet; after graduation the coin trades in a Meteora DAMM v2 pool.

Addresses

cook (deployer, fee claimer)
GKm4M5…ofXdox
$LADL pot (DBC config)
AdCsr4…sG6X5M
$LADL mint
6gYy8o…qMbLTm
$LADL curve pool
7qaLfV…PGJetn
$BRTH pot (DBC config)
9ZXECZ…PjAmSQ
$BRTH mint
6cyvdc…21wAEu
$BRTH curve pool
75tTad…JBj93x
DBC program
dbcij3…uSMaqN
DAMM v2 program
cpamdp…En1sGG

Where 1 SOL of $LADL trading goes

A trade of 1 SOL on the curve pays 0.005 SOL skim (0.5%):

Meteora (protocol)20%0.0010 SOL
holders (via rounds)80%0.0040 SOL
cook0%0 SOL

Minus the network fee of the claim and send transactions, which is listed per round on the ledger. The DBC program's lowest allowed fee is 0.25%; 0.5% is the flat fee for every trade, with no launch surcharge.

Curve and graduation

supply
1,000,000,000, 6 decimals
authorities
mint + freeze revoked at creation
opens at
24 SOL market cap
graduates at
288 SOL market cap
SOL in curve then
64.515 SOL
to DAMM v2
~22.4% of supply + that SOL
pool fee after
0.5%, SOL only, no dynamic fee
first buy
0.15 SOL by the cook

Where 1 SOL of $BRTH trading goes

A trade of 1 SOL on the $BRTH curve pays 0.01 SOL fee (1%):

Meteora (protocol)20%0.0020 SOL
holders (via rounds)40%0.0040 SOL
cook (deployer)40%0.0040 SOL

The cook keeps 50% of each claim (after the claim's network fee) and the round sends the other 50% to holders. After graduation the pool fee is 1%, SOL only, and its claim is split the same way.

$BRTH curve

supply
1,000,000,000, 6 decimals
authorities
mint + freeze revoked at creation
opens at
24 SOL market cap
graduates at
288 SOL market cap
SOL in curve then
64.515 SOL
pool fee after
1%, SOL only
first buy
0.5 SOL by the cook
LP after graduation
100% permanently locked

The lid (LP after graduation)

Pot setting: partner LP 100% permanently locked, 0% unlocked, creator LP 0%. At graduation Meteora mints one DAMM v2 position to the cook wallet holding all of that LP as permanently locked liquidity. It cannot be withdrawn by the cook or anyone. Its trading fees (SOL) can still be claimed by the position owner; the distributor claims them and adds them to the round. LP burnt: ✗, locked: ✓ 100%.

Rules of a round

  1. The distributor claims the partner share from the curve and, after graduation, the fee of the locked LP. The round's intake is the SOL that landed in the cook wallet in each claim transaction (read from the transaction itself, plus the fee paid), so two coins claiming to the same wallet are never mixed up.
  2. $LADL: all of the intake goes to the round. $BRTH: the cook keeps 50% of the intake (after the claim's network fee) and the round gets the other 50%. The amount kept is written on the ledger for every round.
  3. A round only pays out when the pot holds at least 0.02 SOL. Below that it waits.
  4. Snapshot: all token accounts of the coin, read with getProgramAccounts. If an RPC refuses that call, the fallback is getTokenLargestAccounts, which only sees the 20 largest accounts; a round taken that way says so on the ledger.
  5. Left out: the cook wallet (and its first-buy tokens) and every account owned by a program address (the curve vault, the DAMM v2 pool). Everyone else is counted by balance.
  6. Share = wallet balance ÷ counted total. A share under 0.001 SOL, or one that would leave a wallet below Solana's rent minimum (0.00089 SOL), is not sent and stays in the pot for the next round.
  7. Payouts go out as plain SOL transfers, up to 18 per transaction. The round, every share and every signature are written to the ledger.

What you are trusting

  • The fee split and the LP lock are enforced by Meteora's programs. The hand-out to holders is not: it is a script run by the cook. If it stops, the skim stays claimable by the cook wallet. The ledger and the chain show whether it ran.
  • On $BRTH the cook (deployer) keeps 50% of the claimed partner share, which is 40% of every trade fee. On $LADL it keeps 0%.
  • The cook holds the first-buy tokens of each coin (0.15 SOL of $LADL, 0.5 SOL of $BRTH) and can sell them at any point.
  • Rewards are paid from trading volume. No volume, no rounds.
  • Nothing on this page is a promise about price.