How VotePad works

On most launchpads a coin's creator fees go to one wallet, and what happens to them is up to whoever holds it. VotePad replaces that wallet with a vote. The fees still come from pump.fun, in SOL, as the coin trades; the difference is who decides what they are spent on.

Everything after the vote is mechanical. When an epoch ends the keeper counts the votes, claims the fees, sends 20% to the VotePad treasury and carries out the winning option with the rest. Each step is its own transaction, and every signature is recorded against the epoch that produced it.

1. 1

   The fees are locked to a keeper

   A coin launched on VotePad names its keeper as creator from the start. An existing pump.fun coin can move 100% of its fees to the keeper. See sections 3 and 4.
2. 2

   The ballot is set at launch

   Two to five options, from buyback and burn to a named wallet. See section 5.
3. 3

   Holders vote

   One token is one vote, signed by the wallet and free. See section 6.
4. 4

   The epoch ends and settles

   The keeper claims the fees and executes the winner on chain. See section 9.
5. 5

   The next epoch opens

   A fresh ballot with the same options starts straight away, and the cycle repeats.

The keeper is a wallet run by VotePad's settlement service. Every coin has its own keeper, derived from a single VotePad master key and the coin's mint address, so one coin's fees never share a balance with another's.

There is no custom VotePad contract. The keeper only calls programs that already exist on Solana: pump.fun and PumpSwap to claim fees, buy and add liquidity, and the standard token and system programs to burn and transfer. It spends a coin's fees only through the settlement steps in section 9.

That makes VotePad the custodian of the fees between epochs, and it is worth saying plainly. The keeper is what stops a creator from taking the fees before the vote is honored; in exchange, you are trusting VotePad to run the settlement it publishes. Every movement of the funds is on chain and can be checked against the ballot that caused it.

One per coin

Derived from the VotePad master key and the mint

Pays network fees

The master keeper, never the coin's fees

Keeps back

About 0.00089 SOL, the minimum a Solana wallet must hold

Programs used

pump.fun, PumpSwap, SPL Token, System

A coin launched from the launch page is a normal pump.fun coin with one difference: its keeper is set as the pump.fun creator. pump.fun pays creator fees to the creator, so from the first trade the fees accrue to the keeper and nobody else.

You still sign the launch and pay for it, and an optional first buy goes to your wallet as usual. The launch also opens a small pump.fun volume account for the keeper, which it needs later to buy on the curve; that rent is paid by the launcher, not taken from fees.

When

At creation, as the coin's creator

Signed by

The launcher's wallet and the new mint

Fees accrue to

The coin's keeper

First buy

Optional, sent as a second transaction in the same wallet prompt

A coin that launched elsewhere on pump.fun can join by moving its fees with pump.fun's fee sharing. From the coin's ballot, the coin's pump.fun creator signs one transaction that makes the keeper the only shareholder, at 100%.

It has to be the whole fee. A partial share would mean the vote decides a fraction of what the coin earns while the rest goes somewhere voters cannot see, so VotePad treats anything less than 100% to the keeper as unlocked and does not settle it.

When

Any time after the coin exists

Signed by

The coin's pump.fun creator

What we check

The pump.fun fee-sharing config: one shareholder, the keeper, at 100%

Before graduation

Covers bonding-curve fees

After graduation

Covers PumpSwap pool fees as well

If the coin's fee sharing is already set to other wallets and can no longer be edited, it cannot join.

The launcher sets the ballot, between two and five options. The same options return every epoch, so a holder always knows what they are choosing between.

There are two kinds of option. Protocol options are carried out by the keeper and need no address:

Buyback & Burn

Buys the coin and burns it, reducing supply

Airdrop to Top 50 Holders

Buys the coin and shares it across the 50 largest holders

Add Liquidity to the Pool

Deepens the coin's pool; before graduation, buys and locks

Send to Creator

Sends the winning share as SOL to the wallet that launched the coin

Wallet options send the winning share as SOL to an address: a creator, a marketing wallet, a charity or any custom recipient. The address has to be a Solana wallet. An X handle can be listed, but VotePad cannot pay a handle yet, so if one wins its share rolls over (see section 11).

Section 10 covers exactly what each option does on chain.

Anyone holding the coin can vote, and a vote costs nothing. You pick an option and your wallet signs a short message naming the coin, the epoch, the option and your address. It is a signature, not a transaction: no SOL moves and nothing is sent to the chain.

The weight of the vote is your wallet's balance of the coin, read from chain when the vote arrives. A wallet holding none of the coin cannot vote. You can change your vote until the epoch ends; the latest one replaces the earlier one, with your balance read again.

Who can vote

Any wallet holding the coin

Weight

One token, one vote

Cost

None. A signed message, not a transaction

Changing your vote

Allowed until the epoch ends

Signature valid for

10 minutes after signing

Votes are counted when the epoch ends, not when they are cast. At that moment each vote counts for the lower of its weight when cast and the wallet's balance now.

This is what stops one bag voting twice. Without it, a holder could vote, move the tokens to a second wallet and vote again. With it, tokens that have left a wallet stop counting for that wallet's vote.

Winner

The option with the most counted votes

A tie

Goes to the option listed first

No votes

No winner; the fees roll over

Once counted

The result is frozen and cannot change on a retry

Every settlement divides the same way. There is no discretion in it and no tier that changes it.

To the winning option

80%

To VotePad

20%, sent to the VotePad treasury

Applied

Per settlement, to the fees the keeper holds at that moment

Fees we add

None. The 20% is the whole of it

Treasury

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Network fees and account rent for settlement are paid by VotePad's master keeper. They do not come out of either share.

An epoch lasts 4 minutes. When it ends, a scheduler settles every coin that is due. Settlement is also permissionless: anyone who opens the coin's page after the epoch ends triggers it, and the keeper decides everything else - the winner, the amounts and the recipients - from on-chain state.

1. 1✓

   Check the lock

   The keeper confirms it still receives 100% of the coin's fees. If not, nothing runs.
2. 2✓

   Count the votes

   Each vote at the lower of its weight and the wallet's balance now. The result is frozen.
3. 3✓

   Claim the fees

   Accrued creator fees are collected from pump.fun, and from PumpSwap after graduation, into the keeper.
4. 4✓

   Fix the amounts

   The keeper's balance above its reserve is split 80% / 20%, once.
5. 5✓

   Send 20% to VotePad

   One transfer to the treasury.
6. 6✓

   Execute the winner with 80%failed · resuming

   The option runs as described in section 10.
7. 7✓

   Open the next epoch

   The epoch is archived with every transaction signature, and a new ballot starts.

A step can fail. RPC providers go down and markets move. A failed settlement keeps every step that already succeeded and resumes from the one that did not, so nothing is paid twice and no fees are lost in the meantime.

Buyback & Burn

The keeper buys the coin with the winning share - on the bonding curve before graduation, in the PumpSwap pool after - then burns every token it bought. A burn removes tokens from the mint, so total supply goes down, and the new supply is recorded with the epoch.

Airdrop to Top 50 Holders

The keeper buys the coin, then splits what it bought across the 50 largest holders in proportion to their balances. Program accounts such as the bonding curve and the pool are left out, as are the keeper, VotePad and the burn address, so the tokens only go to people. Transfers go out in batches of ten.

Add Liquidity to the Pool

What this does depends on whether the coin has graduated, because before graduation there is no pool to add to.

Before graduation

Buys the coin on the bonding curve and sends it to the burn address, where it can never be sold

After graduation

Buys the coin with about half the share and deposits it, with the other half as SOL, into the PumpSwap pool

LP tokens

Burned in the same transaction as the deposit, so the liquidity can never be withdrawn

Leftovers

Tokens the deposit could not pair go to the burn address; unused SOL rolls over

Send to Creator

Holders can choose to reward the creator. The winning share is sent as SOL to the wallet that launched the coin, in a single transfer, after VotePad's 20% - the same 80% / 20% split as every other option. The address is fixed at launch from the launching wallet, so it cannot be pointed anywhere else later.

Wallet options

The winning share is sent as SOL to the address on the ballot in a single transfer. If the address is not a Solana wallet, nothing is sent and the share rolls over.

Fees that are not spent stay with the keeper and are part of the next epoch's pool. Nothing expires and nothing is redirected; the next settlement simply has more to distribute.

No votes

All fees roll over

Below the minimum

Under 0.001 SOL available, all fees roll over

Fees not locked

Nothing runs; the epoch closes with a note

Winner is not a wallet

VotePad takes its 20%; the 80% rolls over

A coin's creator can earn the verified badge by burning 10,000,000 of the coin, 1% of the standard supply, from the coin's page. The burn is an ordinary token burn, visible on chain.

The badge shows the creator was willing to destroy part of their own holding. It does not change the split, the vote or how the coin settles.

Settlement is automatic, so an epoch that closed without paying out has hit one of a short list of conditions. The epoch history on the coin's page says which.

Fees not locked

The coin's fees still go to the creator, or fee sharing names other wallets. See section 4.

No votes

Nobody voted, so there was no winner.

Too little in fees

Less than 0.001 SOL was available. It carries to the next epoch.

Recipient is not a wallet

The winning option lists something other than a Solana address.

Between curve and pool

The bonding curve has completed but the PumpSwap pool is not live yet. It retries.

A step failed

The network or market got in the way. The next run resumes where it stopped.

Creator fees

What pump.fun pays a coin's creator from trading in that coin, in SOL.

Keeper

The VotePad-run wallet that receives one coin's creator fees and executes its settlements.

Fee sharing

pump.fun's setting for splitting a coin's creator fees across wallets. How an existing coin locks to its keeper.

Epoch

One voting round, 4 minutes long, ending in a settlement.

Ballot

The options holders choose between. Set at launch, repeated every epoch.

Settlement

The on-chain steps that claim an epoch's fees and carry out the result.

Graduation

When a coin completes its bonding curve and moves to a PumpSwap pool.

Burn address

An address nobody holds the key to. Tokens sent there can never move again.

LP tokens

The receipt a pool issues for added liquidity. Burning them makes the liquidity permanent.

Treasury

The VotePad wallet that receives the 20% protocol share.