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No pours yet. The first lands about an hour after a coin is lit, at :00 or :30.
DRIP

How a pour works.

Hold through the hour. Catch the drop.

Every trade on a DRIP coin pays a 1.5% fee. Half a percent of every trade goes into that coin's crucible. Every 30 minutes, at :00 and :30 UTC, DRIP claims the fees, swaps the crucible into the coin's stock-token on Jupiter (NVDAx, TSLAx, SPYx and others) and pours it to 100 random wallets that held through the previous hour, an equal drop each, whatever their bag size. You claim whenever you like and every claim prints a receipt.

Who's in

  • One snapshot per 30-minute window, at a random minute committed in advance and revealed in the ledger. To be in a draw you need at least $50 of the coin (at the pour's price) in both of the last two snapshots, so you have to hold through the whole previous hour.
  • Up to 100 winners are drawn from everyone eligible; each gets the same drop. The randomness is a seed committed before the window (revealed after) mixed with a Solana blockhash, so anyone can recompute the winners from the ledger.
  • Not counted: the coin's creator, bundle buys in the first slots after the create, pools and other program-owned accounts, and DRIP's own wallets.
  • A winner sits out that coin's next 5 pours, so the drops spread. Winnings stay claimable even after you sell.
  • A new coin's first pour comes after its second snapshot, about an hour after it's lit.
Worked example · illustrative numbers
in the crucible
0.3139 NVDA
wallets in the draw (≥ $50 held through the hour)
160
winners drawn
100 · you're one of them
your drop (same as every winner)
0.003139 NVDA

Where your 1.5% goes

Trading fee 1.5%: 0.50% to this coin's holders (in the coin's stock), 0.25% to $DRIP holders (in SPY), 0.25% to the coin's creator, 0.25% to the DRIP treasury and 0.25% to Raydium (toward liquidity after graduation).

  • Before graduation the creator's 0.25% is paid on-chain into their own LaunchLab vault; they claim it themselves.
  • After graduation the Raydium pool charges 0.25% (mostly to locked liquidity) and a 1.25% creator fee that comes to DRIP. Raydium keeps 5% of it, so DRIP nets 1.1875% and splits it the same way: creator 0.2375% (forwarded in SOL every pour), holders 0.475%, $DRIP holders 0.2375%, treasury 0.2375%.
  • The split is versioned. Any change takes effect from the next pour and is shown on the Pour Ledger.

Claiming & receipts

  • Sign in once with a free signature that includes the attestation: not a US person, not in a restricted region, rewards are not dividends.
  • Claim one stock or up to four at once. You sign first; DRIP checks the exact transaction, co-signs the transfer from its payout vault and sends it. You pay the network fee (~0.00001 SOL).
  • On a claim worth $1 or more, DRIP pays the one-time token-account rent (~0.0015 SOL) for each new stock you receive. Smaller claims pay it themselves.
  • Minimum $0.05 per stock. Unclaimed rewards expire after 30 days and go to the $DRIP crucible. The clock stops while an issuer has paused a stock.

Custody, honestly

You sign your trades against LaunchLab directly. DRIP holds fee revenue in transit and unclaimed rewards (up to 30 days) in its payout vault. The Pour Ledger shows, every pour, what is owed against what is held. If a stock is ever short, its claims freeze until it's fixed.