How it works

preem is slang for premium. On preem.meme anyone launches a coin in a minute and trades it on a bonding curve, a pool with a fixed price formula, until it graduates to a real liquidity pool.

Launch

You upload an image and choose a name and a ticker. One wallet signature mints the coin, creates its curve and publishes the metadata. All 1,000,000,000 coins go into the curve: nothing is pre-minted to anyone, including preem.meme. The creator may buy in the same transaction as the launch, before anyone else can.

Trading on the curve

The curve sells coins for SOL at a price that rises as more are bought, and buys them back along the same path. The SOL stays locked in the curve until graduation, so there is always liquidity to sell into. The curve runs on Meteora's Dynamic Bonding Curve program on Solana; preem.meme never holds your coins or your SOL.

Graduation

Each coin picks its curve at launch: the 1 SOL to the market is on the market from launch, the short curve graduates at 10 SOL or the full curve graduates at 50 SOL. When the curve has taken in its target, it closes and the SOL together with the remaining coins move into a Meteora DAMM v2 pool. The pool's liquidity is permanently locked: it cannot be pulled by anyone. From then on the coin trades on the open market and any Solana aggregator can route to it.

Fees

• Launch fee: 0.468 SOL for the 1 SOL to the market (its launch also buys out the curve, 1 SOL all in), 0.25 SOL for the short curve or 0.1 SOL for the full curve, plus Solana network fees and account rent (about 0.02 SOL).
• Short link (optional): 0.3 SOL for preem.meme/c/NAME instead of the mint address, paid in the launch transaction.
• Trading fee on the curve: 1.00% of every buy and sell. 50% of the fee after the protocol's share goes to the coin's creator, the rest to preem.meme. Meteora keeps 20% of every trading fee.
• After graduation the DAMM v2 pool charges its own swap fee; locked liquidity earns it for the creator and preem.meme.

Risks

Coins launched here are created by their users, not by preem.meme, and most will lose all of their value. Prices on a curve move a lot on small amounts. Solana transactions are final. Only trade with SOL you can afford to lose.

Terms

preem.meme is a tool for creating and trading tokens on the Solana network. preem.meme does not issue, endorse, manage or provide liquidity for any coin created through it, gives no financial advice and makes no promises about value, price or returns. Coins created here are not securities and users are solely responsible for complying with the laws that apply to them. The service is provided as is, without warranties of any kind. By using preem.meme you accept full responsibility for your actions and their consequences.