Docs
How a launch pays savers.
Scrip Curve is a launch preset on Meteora’s Dynamic Bonding Curve, priced in a stock. Every trading fee is that stock, and the savers’ share moves from the curve into a Scrip Plan in the same stock, which adds it to people’s automatic saves. Anyone can launch, from scrip.work/curve/launch.
The route, step by step
| Step | What happens | Instruction |
|---|---|---|
| A trade on the curve | The buyer pays in the stock the launch is priced in, and the fee is charged in that stock: 25% at launch, falling to 1% over the first hour. | Meteora DBC swap |
| Into the Plan | The config's fee claimer claims the partner fee with the Plan as the receiver, so it moves from the curve's vault to the Plan's escrow in one instruction, through no wallet. | Meteora DBC claim_trading_fee |
| To a saver | After each member's automatic save, the Plan adds its share of that save from the escrow, in its own transaction, capped each month. | Scrip match_receipt |
| Graduation | At the threshold trading on the curve stops and the pool moves to DAMM v2 as launch token / stock, every position locked for good. Meteora's own service does it for a stock-priced curve worth $750 or more; below that (a demonstration), anyone can, from the launch's page. The partner's share of the 2% graduation fee is withdrawn and passed to the Plan. | Meteora DBC migration_damm_v2, withdraw_migration_fee |
| After graduation | The locked partner position keeps earning fees in the stock, claimed to the same Plan. | Meteora DAMM v2 claim_position_fee |
One Plan per stock, because a fee arrives in the stock its curve is priced in, and a Plan’s escrow is that stock: a fee never needs a swap to reach a saver. The first launch fee to reach a Plan on mainnet: 65kYsghN…, from DEMO1’s curve into the Nasdaq 100 Plan.
Why a stock is the quote
- A fee that is already savings. Priced in a stock, every buy pays in it and every fee is it, so the savers’ share is stock the moment it is charged.
- Open to anyone today. These xStocks carry a permanent delegate and a pause authority, which Meteora allows only with a token badge. Meteora has badged all four for DBC and for DAMM v2 on mainnet, and the badge is checked when the config is made and again when each pool is.
- An early bot pays savers. The fee falls from 25% to 1% over the first hour, in sixty steps. A launcher’s own first buy, in the same transaction as the launch, pays the 1%.
What Scrip’s servers do, and what they cannot
The fee claimer is a key Scrip’s servers hold. Every 30 minutes they find every launch on every Scrip Curve config, read from the chain, and claim what is waiting. Meteora lets a claimer choose where a claim goes; Scrip’s only ever names the Plan in the curve’s own stock, and every claim is a public transaction into that Plan’s escrow, listed on /curve. Once a fee is in the escrow, only the Scrip program can move it: as a match on a member’s save, or back to the Plan’s sponsor if the Plan is closed once nobody is left in it. A program instruction that claims into the Plan with no key to trust is the next step.
The presets
| Priced in | Nasdaq 100 (QQQx), S&P 500 (SPYx), Tesla (TSLAx), Nvidia (NVDAx): xStocks by Backed, Token-2022 |
| Trading fee | 25% falling to 1% over 60 minutes, charged in the stock |
| Who keeps it | Meteora keeps a fifth. Of the rest: public launches, half to the launcher and half to the Plan; demonstrations, all of it to the Plan |
| Graduation | Public: about $850 of the stock (1.15 QQQx, 1.1 SPYx, 2.25 TSLAx, 3.75 NVDAx), which Meteora graduates by itself. Demonstration: about $15, graduated by anyone from its page for about 0.025 SOL of the new pool’s rent. A 2% graduation fee |
| Liquidity | Every position permanently locked at graduation |
| The token | SPL, 6 decimals, 1,000,000,000 supply, immutable: no one can mint more or change its name |
On mainnet
| Meteora DBC | dbcij3…MaqN |
| Meteora DAMM v2 | cpamdp…1sGG |
| Scrip | Fbp8fB…16gj |
| The Nasdaq 100 Plan | GgAmix…8Yo3 |
| The S&P 500 Plan | 2AiQPB…favg |
| The Tesla Plan | 28MAxt…K6WZ |
| The Nvidia Plan | 9UJe6L…dLmS |
| Config, Nasdaq 100, public | DDKKJ3…LJBM |
| Config, Nasdaq 100, demonstration | DpxeQV…D4fZ |
| Config, S&P 500, public | 6k6wqU…7qEu |
| Config, Tesla, public | 6NUQLu…iVQz |
| Config, Nvidia, public | GNSNuS…kkj1 |
| Fee claimer, Scrip’s servers | 9zzN2F…TohJ |
The code: src/lib/curve/ (the presets, the builders, the claims) and anchor/programs/scrip/src/plan.rs (the Plan).
Before you launch or buy
A launch is a speculative token, not a stock and not a share of one, and it belongs to whoever launched it. Scrip makes no claim about any launch’s price, only about where its fees go. Names that read like a stock or like Scrip are refused. Not offered to US persons.