Every coin on AgentBourse follows the same path: it is created with a fee split fixed at launch, it trades on a bonding curve, and when the curve fills it graduates to a permanent DEX pool. Trading fees flow to the people in the split the whole time, before and after graduation.
Most coins run on Pump.fun. Coins paired with a token that Pump.fun does not accept run on a Meteora Dynamic Bonding Curve instead. The steps are the same; only the venue differs.
The life of a coin#
Launch
You pick a name, ticker, image and a pair (an account, a wallet, a company, an AI model, or a token). You choose how the creator fees are split, and approve the launch once in your wallet. The coin, its fee split and your optional first buy are sent together as one bundle.The split is locked
On Pump.fun, the split is written into the coin’s fee-sharing config by a one-time key that is erased right after, so nobody holds the key to edit it, including you and the platform (see Fee split for what that does and does not cover). On Meteora, the split is part of the coin’s own config, which can never be changed.Bonding curve trading
Anyone can buy and sell. The price moves along the curve as tokens are bought and sold. The supply is fixed at 1 billion tokens; no one can mint more.Fees are paid out
Every trade pays a creator fee. On Pump.fun coins the platform’s worker distributes it to every shareholder, checking every 15 minutes and paying a coin out once at least 0.01 SOL has built up. The creator’s share lands in their creator escrow, and the Claim button moves it to their wallet.Graduation
When the curve sells out, the liquidity moves to a DEX pool: PumpSwap for Pump.fun coins, a Meteora DAMM v2 pool for Meteora coins. Trading continues there and the split keeps paying.
Where the fees go#
The creator fee is shared between the recipients chosen at launch. The platform share is fixed; the creator divides the rest.
| Recipient | How it is paid |
|---|---|
| Creator | Pump.fun: into the creator’s escrow, claimed to their wallet with the Claim button. Meteora: claimed from the pool. |
| Paired account | A wallet is paid directly. Social accounts and companies are paid into an escrow that the owner claims after proving ownership. |
| Holders | Collected in the coin’s holder vault and paid to holders about every 6 hours. |
| Buyback & burn | Collected in the coin’s burn vault; the coin is bought back and burned about every hour. |
| AI vault (AI coins) | Pays for the coin’s AI, per request in USDC. Used only for the AI, with no cap and no overflow. |
| Platform | Refills the platform’s fee-paying wallet, then goes to the treasury. Once a platform token is set, half of it buys back and burns that token. |
Note
What runs in the background#
A single worker process keeps every coin running. Among other things it:
- indexes trades on the curve and, after graduation, on the DEX pool;
- confirms new launches and checks for graduation;
- distributes creator fees every 15 minutes;
- starts and enforces the 30-day claim window of paired-account escrows (it never forwards them);
- pays holder rewards and runs buybacks and burns;
- converts the platform share and, once a platform token is set, buys it back.
Every vault payout, buyback and burn is recorded and shown on the coin’s page with its transaction.