Launch fees burn LCKD
Every token launch pays a flat SOL fee. Collected fees buy LCKD on the open market, and the purchased tokens are burned. Every step below is a transaction you can verify.
Current supply is read from the mint on-chain. LCKD has no mint authority, so supply can only decrease.
How it works
The launch fee transfers inside the same atomic transaction that creates and locks each token. Nobody launches without paying, nobody pays without launching.
When the treasury crosses its threshold, it swaps the collected SOL for LCKD on the open market with a strict slippage cap.
The purchased LCKD is destroyed with a token burn instruction. Total supply decreases on-chain, visible on any explorer.
Ledger
No burns recorded yet
The first buyback executes once collected fees cross the treasury threshold. Every future buyback and burn lands here with its signature.
Verify independently
The LCKD mint is public. Check its supply history and every transaction on this page yourself.
LCKD mint on Solscan