How payfomo works

A coin on payfomo is always launched for someone: a fomo.family user, picked in the launch form. “I launch $CAT for @rez404.” The coin trades on a Meteora bonding curve quoted in SOL, and graduates to a Meteora DAMM v2 pool when the curve fills.

• The fomo trader it is made for gets 1% of every trade, bought back as $PAY and sent to their fomo Solana wallet. They do not have to do anything.
• The launcher keeps 0.5% of every trade and claims it whenever they like.
• Every coin has its own page on payfomo, which is also the website in its on-chain metadata.

The first step of the launch form is Who is this coin for? Search any fomo trader by name or handle and pick them. The coin is matched to that trader for good: it shows their avatar and handle everywhere, and it is listed on their payfomo page at /u/<handle>.

Anyone can launch for anyone, and a trader can have many coins. A trader's page adds up what all of their coins have bought back for them, what has been delivered, and what is still waiting. Their fomo profile is one click away from every coin.

Every buy and sell pays one trading fee of 2.5%, taken in SOL. Meteora's program keeps a fixed 20% of it; the rest is split between the launcher, the platform and the fomo trader. These are the live values from the launchpad config:

The creator's share is split on chain: it stays in the coin's pool until the launcher claims it. The platform side (platform plus buyback) is claimed by payfomo every few minutes and divided in software; each claim is listed under Fee history on the coin page with its transaction.

The fomo trader's 1% is credited to them in SOL as fees are claimed. A buyback wallet then spends it on $PAY, payfomo's own token, and sends it to the trader's fomo Solana wallet automatically.

• Finding the wallet. payfomo looks up the Solana wallet the trader uses on fomo. Until it is found, everything bought for them is held and shown as pending on their page, then delivered in one go.
• Before $PAY launches, the trader's share simply accrues as SOL. The first buyback runs once the token exists.
• Every delivery is listed on the trader's page with its transaction.

The wallet that launched a coin earns 0.5% of its volume. It collects in the pool, in SOL, and there is no minimum and no deadline. To withdraw it, open Claim fees (every coin you launched, with what each can pay out) or the coin's own page, press Claim and sign once with the launching wallet.

Only that wallet can claim; the API refuses anyone else. After graduation the creator keeps earning from the locked LP (see below).

Every coin payfomo launches has a vanity mint address that ends in fomo. The server picks one from a pre-ground pool and signs for it; your wallet only signs as the payer. If an address claiming to be a payfomo coin does not end in …fomo, it is not one.

Supply is fixed at 1 billion, there is no mint authority, and the name, ticker, image and links are permanent. The metadata's website is the coin's payfomo page, /token/<mint>, so there is no website field in the form.

Coins start on a Meteora Dynamic Bonding Curve quoted in SOL: the price rises as people buy and falls as they sell. Every coin uses the same config, so every curve plays by the same rules. You can make the first buy in the same transaction that creates the pool, so nobody gets in before you.

When the curve has raised the threshold, the pool migrates to a Meteora DAMM v2 pool automatically. The liquidity is permanently locked, and its fees are split 25% to the creator and 75% to the platform, which keeps the same creator/platform/buyback split as on the curve. After graduation, trades route through Jupiter.

Coins are created by anyone and are highly speculative. Being matched to a fomo trader does not mean the trader endorses a coin. Buybacks and creator fees only exist when people trade, so they can be zero. Nothing here is financial advice. Check the mint address, and never trade more than you can afford to lose.