How Vampit works
Launch a token on Solana. Then anyone who holds it can burn some to change its name, ticker, image, and links.
Launch a token
- Pick a name, a ticker, an image, and optionally a description and links on the Create page.
- Set the mutation price: the number of tokens that someone must burn to change your token. It can be 100K to 20M tokens (0.01% to 2% of the supply). Nobody can change it later, not even you.
- Optionally, make a dev buy. You buy first, in the same transaction as the launch, so no bot can buy before you.
- Approve the transaction in your wallet. Your token is live.
Every token has a supply of 1,000,000,000. Nobody can mint more or freeze anyone's tokens. A launch costs a 0.02 SOL creation fee plus Solana's normal account costs.
Mutate a token
Any wallet that holds the mutation price can burn it to change the token. One mutation can change one or more of these: the name, the ticker, the image, the description, the X link, and the website.
- The burn and the change happen in one transaction. If the burn fails, nothing changes.
- Burned tokens are gone for good, so every mutation makes the supply smaller.
- There is no allowlist and no waiting time. Anyone can mutate, as often as they like.
- The token page shows every past mutation, with the old and the new values.
Bob launches $MEME with a mutation price of 5M. Alice burns 5M $MEME and renames it to $XYZ. The token is now $XYZ everywhere.
Trading and graduation
Each token trades on a Meteora bonding curve from the moment it launches. The price goes up as people buy. When the curve fills (about 85 SOL raised), the token graduates: its liquidity moves to a Meteora pool and is locked forever.
Vampit has no swap of its own. Buy and sell on any Solana trading site, for example Jupiter.
Fees
- Each trade pays a 1% fee. The creator gets 60% of it, Vampit 20%, and Meteora 20%.
- After graduation, the creator gets 75% of the fees that the locked liquidity earns.
- Creators claim their fees from their profile page.
Good to know
- Anyone can change a token's name and image. Always check the mint address, not only the name.
- Wallets and explorers can show the old name and image for a while after a mutation.
- Vampit does not filter images, text, or links.
Nothing on Vampit is financial advice. Tokens can lose all their value.