Meteora team members reached out to the dev to join the Meteora builders group
They have been responding swiftly
Appreciate all their support so far, looking forward to more visibility and support
https://x.com/snarkspad/status/2116084875119747244
i built @SnarksPad, a launchpad on Solana where every coin trades against ZEC and holders are paid in ZEC from the trading fees.
it was built using @MeteoraAG Dynamic Bonding Curve for the @colosseum Crypto World’s Fair.
being a privacy enthusiast, shielded delivery is the part I care the most about.
you opt in with a @Zcash address and your share lands in your shielded wallet once a week, with a memo you can check on the site.
on the Zcash side, who got paid and how much is completely hidden.
what stays public? your Solana wallet and what it holds.
$SNARKS is the official coin of the launchpad, it graduated from the Meteora curve to a DAMM v2 pool on Oct 12 and has 1026 holders today.
$SNARKSCAT was the first coin to graduate on the launchpad today.
why fees and not a token tax? holders are paid from the trading fee, never from the coin's supply.
the pad's share of fees goes into a 2-of-3 Squads vault, so no single key can move it.
meteora takes 20% of every fee at every tier.
earlier today, 2, 4, 6 and 10% fee tiers went live on the launchpad.
on those, the creator gets 40% of every fee and that split is written into the Meteora config, so it never changes.
holders are paid from the rest
why $ZEC? there is no other quote pair as a show of our conviction in the zcash ecosystem.
we are the go-to launchpad if you want to launch a memecoin where your holders are paid in native ZEC.
snarks.fun
