How VOTEPAD works.

Who votes

Anyone holding the coin when the vote opens. Your wallet proves it by signing a message: no transaction and no fee. The bonding curve, pools, the burn address, the coin's vault and the platform wallets do not vote. The tokens everyone else holds are the eligible tokens.

Who opens a vote

A wallet holding 0.1% or more of the coin's eligible tokens. It picks the options from the fixed menu, and each option is a full plan for the money. A coin has one open vote at a time.

How long

10 minutes, every vote.

Voting power

Your tokens: more tokens, more votes, with no cap per wallet. Your power is the lower of your balance when the vote opens and when it closes, so buying in to vote and selling before the close does not count twice.

Instant win

An option wins the moment the wallets backing it hold 51% of all eligible tokens, counting holders who did not vote.

At 10:00

If no option gets there, the option with the most votes cast wins when the time runs out. With two options that means more than half of the votes. With three or more, the most votes wins even under half. There is no runoff. A tie goes to the option that reached its total first.

Changing your vote

Vote again while the vote is open and your last ballot counts. Every ballot is kept and public.

Nobody votes

If no ballot carries any voting power at the close (nobody voted, or every voter sold before the close), the current plan stays.

Proof

Each ballot is a signed message, published with its signature. The holder snapshots taken when the vote opens and closes are published with their hashes.

A plan is one or more of these, each with a share. The shares always add up to 100%.

1. 01

   Save for dex paid

   Save until DEX Screener dex paid can be paid, then pay it. Every coin starts here.

2. 02

   Save

   Keep the money unspent until the next vote.

3. 03

   Pay for dex paid

   Pay for DEX Screener dex paid as soon as there is enough. If it is already paid, the money moves to the next item.

4. 04

   Boost on DEX Screener

   Buy a DEX Screener boost.

5. 05

   Airdrop SOL to holders

   Send SOL to holders, in proportion to what they hold at the payout.

6. 06

   Cashback SOL to traders

   Send SOL back to traders, in proportion to what they traded since the last payout. Nobody has to claim.

7. 07

   Buy a coin or stock and airdrop it

   Buy another coin or a tokenized stock and airdrop it to holders. Holders without an account for that token are owed it until they have one.

8. 08

   Buy back and burn

   Buy this coin back and burn exactly what was bought.

9. 09

   Donate to a charity

   Donate to a charity from a verified list. Only charities with a published wallet are listed. Being listed does not mean a charity endorses the coin.

10. 10

    Pay a wallet

    Send to a wallet the vote names, such as a helper or a KOL.

11. 11

    Pay an X user

    Send to an X account. See paying an X user below.

12. 12

    Fund development

    Send to a development wallet the vote names.

Where it comes from

pump.fun charges a creator fee on trades of a coin. Every coin launched here names its own vault as the creator, so that fee lands in the vault. pump.fun sets the fee and its rates change from time to time; VOTEPAD does not set them.

The split

15% of every lamport that reaches a vault is platform revenue and goes to the platform wallet. The other 85% is the coin's budget, spent by the holders' plan. The platform share is rounded down to the lamport, so any remainder stays with the coin.

The launcher

The person who launches a coin is not its creator on pump.fun and does not receive its creator fees. They can buy the coin like anyone else.

The default plan

A new coin's plan is 100% save for dex paid (DEX Screener's paid token info). It is paid as soon as the saved amount covers the price.

Someone paid first

If anyone else pays for it first, the saved money stays with the coin and moves to the next item on the plan.

After that

The coin keeps saving until holders vote for something. Holders can vote for a different plan at any time, before or after dex paid.

Each round

Every 10 minutes, the coin's budget is split by the current plan and each part is paid out.

Small amounts

An amount too small to send is carried to the next round, never dropped. A wallet with no SOL is owed its share and paid once it can receive.

A new plan wins

All unspent money follows the new plan, except a payment that is already being sent and small amounts already owed to a wallet. Nothing is locked.

On the record

Every payout is on the public ledger with its transaction. Payout addresses are checked against the US sanctions list when they are paid.

Held for them

A vote can send money to an X account. It is held for that account by its numeric X id, so a handle change does not lose it.

Claiming

The account's owner logs in with X on VOTEPAD and connects a wallet to receive it.

After 30 days

If it is not claimed within 30 days, it goes back to the coin's vault and follows the current plan.

pump.fun can take over any coin; if that happens the coin's votes freeze and holders are told.

Every coin is watched for takeover events. A frozen coin shows a banner on its page, and a vote that was open when it froze applies no result.

A coin with no trading and no votes for 30 days is dead. What is left of its budget goes to the platform wallet.

Platform revenue

Fees are platform revenue, spent the way holders vote. VOTEPAD commits to spend each coin's holder share as its holders vote.

Not advice

Nothing on VOTEPAD is investment advice. Memecoins can go to zero.

No endorsement

VOTEPAD is not affiliated with pump.fun or DEX Screener. No charity, person or company named in a vote endorses the coin or VOTEPAD.

The full terms are a draft until a lawyer has reviewed them.