Rules
01
Coins are created on pump.fun through Shortpad. Launching is free. The platform wallet pays the launch fee. A dev buy is optional and comes from your wallet. This coin's pool wallet is the on chain creator. You do not receive creator fees. Each wallet can launch 3 coins in 24 hours.
02
Trading that coin produces creator fees. The pool wallet claims them. 75 percent stays in that pool and takes the other side of every short. 25 percent buys the platform token and burns it. Losers fund buybacks. Shorts use only the share that stays. A short pays a 0.50 percent open fee plus premium into the same pool.
03
Shorts stay closed until the pool has room. Room is 80 percent of fee capital, minus what is already reserved. Each short reserves twice its stake so a dump to zero can still be paid. New shorts stop when that reserve would exceed the room. Minimum size is 0.05 SOL. There is no margin.
04
Strike is the live price at open. When you cash out, settle is the median of the last five minutes of samples if there are enough, otherwise the live price. If the price falls, the short is paid from this pool, up to twice your stake. If the price rises, the pool keeps the leftover. There is no 6 hour or 24 hour lock.