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Sealed Bids
Every 30 minutes a new wave opens. Drop SOL in the dark (min 0.01, 1% fee). The UI shows only the bid count and the silent pool — no ranks, no sizes — until 00:00.
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Rules of the room
Every 30 minutes a new wave opens. Drop SOL in the dark (min 0.01, 1% fee). The UI shows only the bid count and the silent pool — no ranks, no sizes — until 00:00.
The largest net bid of the wave is the Apex and takes the whole jackpot: 70% of every buy & sell fee since the last payout. Empty wave? The jackpot rolls over.
The smallest bid is sacrificed — but only if it sits below the safe threshold (50% of the wave's average bid) and the wave has at least 2 bidders. 30% of its wave tokens are burned.
Everyone else keeps 100%. All bids of a wave clear at ONE price on the bonding curve at 00:00. At 85 SOL the curve migrates to Meteora DAMM v2 with LP locked forever.