Where a trade goes.
$SPOOKY is coin number one, paired with QUBT. It is not a fee switch on other coins. It is the coin whose holders receive the pad's stock drip.
One trade
Someone buys a coin. The curve fee starts at 50% and decays to 1% over about 90 seconds, then stays at 1% in that coin's stock. Meteora takes its protocol cut of that fee first. Of what is left, the creator keeps 30% and Spooky Pad keeps 70%.
The pad's 70% is then split:
- 40% is swapped, if needed, into QUBT and dripped to $SPOOKY holders.
- 30% buys $SPOOKY and burns it.
- 15% stacks in the Haunted Vault, in the stock that was traded.
- 15% pays for running the pad.
After graduation
When a coin leaves the curve, its liquidity sits in a locked Meteora pool. Trading fees from that pool are claimed and run through the same split. The creator's 30% still goes to the creator. The pad's 70% still feeds the drip, the burn, the vault, and operations.
What holding does
Holding $SPOOKY is a claim on that drip, paid in QUBT, not a claim on someone else's coin. The burn reduces supply when the pad is busy. The vault is public, so the stock that lands there can be watched. None of this is live on-chain yet. The split on this page is the one the pad is being built to.
PAIRED WITH QUBT