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How it works

One launch gives you a real pump.fun coin and a Metaplex Core NFT collection tied to it. Anyone can mint the art with SOL; holders can also mint by burning the coin, and part of the coin's fees is meant to hold up the collection's floor (rolling out). Here is the whole lifecycle, in order.

Live works today Rolling out being switched on now

The lifecycle

Six stages, from the first Phantom approval to rewards reaching the people holding the art.

  1. Launch the coin and the collection

    Live

    One flow creates both: a real pump.fun coin (Token-2022) and a standard Metaplex Core NFT collection. Phantom asks you to approve twice: first to launch the coin, then to create the collection.

    You choose the supply cap (1 to 100,000), the mint pricing curve, the burn share, the royalty (0 to 10%) and the art: one image on every NFT, or unique art with one image per NFT. With unique art you also choose how people mint: at random, revealed right after, or by picking from the full gallery.

    If the second approval fails, the coin stays live. You finish the collection later from the coin page.

    Two approvals, one launch
    Approval 1Launch the coin
    Coinlive on pump.fun
    Approval 2Create the collection
    CollectionMetaplex Core
    Supply capPrice curveBurn shareRoyaltyArt

  2. Fees go to your fee wallet

    Live

    Every Phantom account gets one fee wallet, created automatically and held in Privy's secure enclave. 90% of the coin's creator fees are routed to it on chain (5% buys and burns the Floor token, 5% goes to the Floor treasury), and that split is locked at launch: nobody can change it afterwards, including Floor.

    Floor claims the fees for you automatically, so there is no claim button to remember. Collection royalties, and any part of a mint that is not burned, land in the same wallet.

    Where the money goes split locked at launch
    Trades on pump.funevery buy and sell pays a creator fee
    routed on chain, claimed automatically
    Your fee walletone per account, in Privy's enclave
    + collection royalties+ unburned share of mints

  3. Mint with SOL or by burning

    Live: SOL priceLive: burn to mint

    Burn-to-mint is one transaction: the coin is burned and the NFT is created together. No burn without a mint, no mint without a burn. Floor co-signs each mint to enforce the price and the supply cap.

    The mint price is set in SOL. Pay it in SOL, or burn coins worth the same amount, valued at the lower of the 30-minute average and the current price, so neither a pump nor a dump cheapens a mint. A SOL payment buys the coin and burns exactly what it bought, so every mint is buy pressure plus a burn. On the bonding curve that is all one transaction. After graduation the buy can arrive as a second transaction in the same Phantom approval; if the mint then fails, you keep the coins you bought.

    The price climbs along your curve (for example +10% every 100 mints) up to the hard supply cap. Rolling out: it will never drop below 1.1x the collection floor, so minting never undercuts holders.

    Two ways to pay, one transaction
    Pay in SOLSOL buys the coin, then burns it
    Burn the coinworth the price at a 30-min average
    Floor co-signsonly at the listed price, inside the cap
    NFT mintedcoin burned in the same transaction

  4. Two ways to mint

    Live

    Mint with SOL any time. Each SOL mint buys the coin and burns it, which helps push it toward graduation; while the coin is on the bonding curve there is a per-wallet mint cap.

    Holders can also mint by burning the coin, valued at the lower of its 30-minute average and current price. Burning opens once the coin has 20 minutes of price history, on the curve and after graduation.

    Paying for a mint Example
    On the curveSOL or burn, per-wallet cap
    GraduatedSOL or burn

  5. The floor sweep

    Rolling out

    Part of the coin's fees fills a sweep vault. When it holds enough, it buys the cheapest NFT listed in the collection and relists it at 1.2x. When that sells, the SOL buys the coin back and burns it.

    The result is a standing bid under the floor and a second burn engine. It is built and switches on once marketplace access is in place.

    The sweep loop
    Sweep vaultfilled by part of the coin's fees
    Buy the cheapest listed NFTthe floor
    Relist at 1.2x
    when it sells
    Buy the coin back and burn it

  6. Rewards for holding the art

    Rolling out

    Creator rewards are pushed to the wallets holding the collection, with no claiming. Each holder's share is weighted by how long they have held each NFT, so buying one a minute before a payout earns almost nothing.

    Payouts go out when the pot reaches a threshold, not on a clock. An NFT listed for sale does not earn while it is listed. This is a mechanical property of the collection, not a dividend or yield. Built, and switching on once the pot's funding is set.

    Weighted by time held Example
    Pot fillingpays out at the threshold
    Held 60 days Held 20 days Held 1 minute

Questions

What is the floor?

The floor is the lowest price anyone is asking for an NFT in the collection on the marketplaces. It is the price you would pay to buy the cheapest piece right now. The mint price will never drop below 1.1x the floor, and the sweep (coming soon) is designed to keep buying at it.

Why price mints in SOL?

A price in SOL does not swing every time the coin moves, so holders know what a mint costs. Paying in SOL also buys the coin and burns it, so every mint adds buy pressure as well as a burn. Burning the coin instead is valued at a 30-minute average price, so a brief pump cannot make a mint cheap. SOL pricing is rolling out now.

What happens if the coin dumps?

With the price set in SOL, a lower coin price means a mint burns more coins, not that the NFT gets cheaper. The 30-minute average keeps a sudden spike or drop from being gamed. None of this stops a coin or an NFT from losing value: Floor sets the rules for minting, not the market price.

Can I list on Magic Eden or Tensor?

Yes. Collections are standard Metaplex Core, so they list and trade on Magic Eden, Tensor and Mallow like any other Solana collection. The royalty the creator set at launch applies to those sales. The art and metadata are stored permanently on Arweave, so the NFTs do not depend on Floor's servers; the storage cost is a small line in the collection's Phantom approval.

Who holds the keys?

You sign launches, trades and mints in your own Phantom, and you own your collection: claim it on Magic Eden and Tensor with your wallet. Each collection has one minting key, a delegate held encrypted on Floor's servers, that only co-signs a mint paying the listed price inside the supply cap. It never holds anyone's coins or SOL. Fee wallets live in Privy's enclave, and Floor signs fee claims and payouts from them. So does every other wallet Floor spends from: each collection's rewards pool and sweep wallet, the buyback wallet and the storage payer. The security page has the details.

What if the collection step fails?

Your coin stays live on pump.fun. Open the coin page and finish creating the collection from there. Nothing about the coin is undone.

Launch a coin with a collection behind it

Click Connect and approve in Phantom: one signature, no transaction, no fee.

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