Everyone on board buys in the same transaction.
Most launches reward whoever is fastest: bots buy in the first block and everyone after them pays more. On Bloc, a coin doesn't exist until its launch buys it, and the launch buys for everyone at once.
1. Someone starts a launch
They name the coin, add a picture, choose how long it boards (2, 5 or 10 minutes) and put in their own SOL. The clock starts the moment that deposit lands on Solana.
2. Anyone can board before zero
Each wallet can put in 0.05 to 2 SOL, and the pool holds up to 30 SOL. Deposits go to the launch's own escrow address, which exists only for that launch, and every deposit is visible on chain.
3. At zero, everyone buys at once
In one transaction the coin is created on Meteora and the whole pool buys it. One buy means one price: a wallet that put in 0.05 SOL pays exactly what a wallet that put in 2 SOL pays per token. Tokens are then sent to every wallet in proportion to what it put in.
4. Then it trades like any coin
The coin trades on its curve right away, on Bloc and anywhere that routes Meteora, like Axiom, Jupiter and Phantom. When it reaches about $67K it graduates to a Meteora pool with locked liquidity.
If fewer than 3 wallets or less than 1 SOL are on board when the clock hits zero, no coin is made and every deposit is sent back in full. Deposits that land after zero, or above a cap, are sent back too.
Fees
- 1% of the pool goes to Bloc when it buys.
- About 0.06 SOL of the pool covers creating the coin, and about 0.0025 SOL per wallet covers each wallet's token account and delivery. Anything unused goes to Bloc.
- 1% on every trade afterwards: half to whoever started the launch, half to Bloc.
Questions
Can someone buy before the launch?
No. The coin is created in the same transaction as the pool's buy, so there is nothing to buy until everyone on board has bought.
Who holds the SOL while a launch is boarding?
Each launch has its own escrow address. At zero, Bloc's settlement reads the escrow's full history from the chain, so every deposit is counted from Solana itself, not from our database.
How much does a full pool own?
A full 30 SOL pool buys about a quarter of the supply and opens the coin at roughly $13K. Smaller pools buy less, at a lower price.
Can I board more than once?
Yes, up to 2 SOL per wallet in total. Anything above that is sent back.
Who gets the creator fees?
The wallet that started the launch becomes the coin's creator on Meteora and claims half of every trade's fee, plus its share of the locked liquidity after graduation.