❓FAQ
All you want to know about Moonshot
Fair Launch
No pre-sale, no insiders, max 1B supply
Ownership renounced, immutable
Fully audited smart contracts
Buy and sell at any time
Wen Moon?
💪Once market cap reaches 432 SOL (~$63.2K) all remaining tokens and liquidity migrate to Meteora or Raydium
🤑Launch, Lock & Earn - launch on Meteora & EARN LP rewards for life!
🔒All liquidity is locked forever
🚀Free Enhanced Token Info gives all Moonshot tokens the best chance to trend on DEX Screener!
Fees
Moonshot charges a flat fee of 1% on buy and sell orders, which is charged as a taker fee in SOL. A 2 SOL fee is charged on migration.
Does Moonshot have a token themselves?
No, Neither Moonshot, DEX Screener nor Helio has official tokens.
Migration
Once 80% of the 1B token supply is sold on the Mooonshot bonding curve, the market cap reaches 432 SOL and all remaining tokens & collateral migrate to either Meteora or Raydium (as set by the creator at launch). Approximately ~88 SOL of collateral is collected on the curve. For Raydium migrations, 4 SOL is used to create the pool and open book ID, for Meteora 1 SOL is used to create the pool and various associated accounts for Launch, Lock & Earn.
What's Launch, Lock & Earn
Why dump your bags when you can earn lifetime rewards instead? 🌙☄️ When a token successfully migrates to Meteora, we lock 20% of the LP tokens to the creator, 10% for Moonshot, AND 70% to the top 50 holders (at point of migration) via Meteora's memecoin pool. This means the creator and early backers earn lifetime LP rewards via a simple claim on the Meteora app, aligning incentives for long term success. The Meteora LP reward fees are set as follows: Start: 5%, +4hrs: 2.5%, +24hrs: 1%
What’s AirLock?
LP rewards AIRDROPPED daily to your current Top 50 holders at a random time. Gamify your launch & grow a diamond-hand community. This feature was launched on 4 October in limited beta testing. DM us if you'd like to launch a coin with AirLock. The feature will be made generally available for new tokens as soon as possible.
This is how it works:
Daily on-chain snapshot at a random UTC time (instead of at bonding). If your token bonds at 9pm, the first snapshot will happen within 3 hours before midnight. Randomness is critical so it can’t be gamed
90% of rewards are auto-claimed & airdropped once per day to the CURRENT Top 50 holders (pro-rata, the more you hold the more you earn). No need to claim direcly on Meteora
Airdrops will come from airlock.sol
Compete to stay in the Top 50 and earn rewards, simple
Devs earn by holding—no tolerance for ruggers
Exclusively for coins bonded to @Meteora. LP reward fees: T: 5%, +4hrs: 2.5%, +24hrs: 1%, +72hrs: 0.5%
I'm a creator or top holder of a successful token, how much can I claim?
We snapshot the top 50 holders on-chain AT the point of migration. These top holders share 70% of the rewards. In the example below, wallet starting with 58u.. holds 11.55% of the total supply which means she'll be eligible for 11.55% x 70% = 8.09% of the rewards. The creator wallet EBsc... is eligible for 9.7% x 70% = 6.79% + the creator share of 20% => 26.79% of the rewards. Meteora operates a dynamic fee algorithm that can start at 10% and typically drops to 0.25% over time. So for a token with $1M in day-1 trading, the creator in this example earns $26,790 in equivalent fees on day 1, and the top holder $8,090. You can learn more on dynamic fees in Meteora's docs and the blog.
Where & how can I claim?
Select claim from the token UI to visit the pool on the Meteora app, connect your wallet and hit the claim button to collects your fees. Fees are stored in the pool and are subject to losses if the price of the token drops. Therefore it's important to claim fees often.
Slippage
The difference between a trade's expected and actual price during high volatility. The default is set at 15%; you can change it anytime. You’re always prompted to sign the transactions, and the correct amounts are simulated in your wallet.
How do you calculate Market Cap?
Total supply (e.g. 1Bn token) multiplied by the price.
Is there a minimum buy amount?
Yes, the minimum buy amount is 0.005 SOL to avoid spamming and chain congestion.
Why can’t I sell my dust?
The minimum sell equivalent is 0.001 SOL. If your dust is worth less than that, you can’t sell, and you will see a message under the SELL button indicating this. You can always purchase more tokens and sell over 0.001 SOL equivalent.
How long does the migration take to either Meteora or Raydium?
It is typically 30 seconds, but it can take up to 2 minutes to completely migrate. While the migration is happening, trading on Moonshot is paused.
Is Moonshot Audited
Yes, by Ackee Blockchain. See report below:
Last updated
