Devnet · free test SOL · your own wallet

Launch a vaulted token yourself

Seven steps, about five minutes. You launch a token whose team allocation goes into a ratchet-vault, take it to graduation, then try to sell the team’s tokens below the floor and watch the program refuse.

Before you start

  1. Switch your wallet to Devnet (Phantom: Settings → Developer settings → Testnet mode → Solana Devnet).
  2. Get about 0.7 devnet SOL from faucet.solana.com. It’s free and has no value.
  1. 1

    Launch, with the team allocation going to a vault

  2. 2

    Fill the bonding curve

  3. 3

    Graduate to Meteora DAMM v2

    Two transactions: Meteora Lock creates the team vesting escrow (recipient: the vault), then the pool migrates into DAMM v2 with its LP locked forever.

  4. 4

    Claim the vested team tokens

    You’re the team. Claiming is permissionless, but the tokens can only land in the vault.

  5. 5

    Open the DLMM market for unlocks

    Creates the token’s Meteora DLMM pair at the graduation price. DLMM asks the creator to hold some of the token, and you do: you bought on the curve.

  6. 6

    Try to dump below the floor

    Ask the vault to sell team tokens one price step under 1.25× the graduation price. We simulate it, so nothing is signed.

  7. 7

    Sell into strength

    Place asks at 1.25× and 2× the graduation price. The vault allows at most 10% of its balance per day, so this uses today’s whole allowance.