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the vault, the dao, and what the sol is for

· the moin team

MOIN is a community takeover (CTO). The team didn't launch it. We're holders, bagholders like everyone else, so everything below is written by people holding the same coin you are.

the short version

  • The vault lets you keep your MOIN and send the SOL drops pump.fun pays on it to the moin dao.
  • The dao's treasury only pays out what a proposal says, and only after holders vote it through, on-chain.
  • The team puts proposals forward. Holders decide.
  • First, the vault needs 2.1 SOL to go on Solana. Help launch it.

the vault

pump.fun pays MOIN holders a share of the trading fees in SOL, a few times a day. We call those drops. The vault gives every holder a redirect account: an address of your own that pump.fun pays like any wallet, but whose SOL only the vault program can move, and only into the dao's treasury.

You move MOIN into it and the MOIN stays yours. Only your wallet can take it out again, whenever you like, straight back to you. While it's in there, its drops go to the dao instead of to your wallet. Every few minutes they're swept into the treasury. Nobody has to press anything.

pump.fun hasn't said whether it pays accounts like these, so the first redirect accounts will tell us. If they don't get paid, you take your MOIN back and its drops land in your wallet again. The vault page shows the numbers either way.

the launch fund

Putting the vault program on Solana costs about 2.03 SOL: rent the network holds for as long as the program exists. Setting up the vault and the dao takes a little more, so the goal is 2.1 SOL.

The launch wallet belongs to the team, and once the vault is on Solana it holds the program's upgrade authority. Anything above what the launch uses goes to the dao's treasury once the dao exists. A gift is a gift: it's final, it isn't an investment, and it doesn't buy votes.

the dao

The moin dao runs on SPL Governance (Realms), on Solana itself. Your votes are the SOL your drops have brought the dao: redirect more, vote more.

Only the team's wallet can put proposals forward. That's on purpose, so nobody can rush a payout through with a handful of drops. But a proposal only passes when holders vote it through, and the treasury only pays exactly what a passed proposal says. The treasury is public: anyone can look it up on Solscan, any time.

what the dao's sol can pay for

Every one of these is a proposal first. If holders vote no, it doesn't happen.

Getting MOIN seen. Paid trending spots, DEX Screener boosts and other promotion that puts MOIN in front of people who haven't heard of it yet. When the dao pays for promotion, we'll say it's paid.

Liquidity. Adding SOL and MOIN to MOIN's trading pool makes trades smoother, with less slippage for everyone buying or selling. To be clear about what that means: it ties dao money up in the pool, next to everyone else's, and it's real liquidity, not fake trading. It doesn't make MOIN look busier than it is, and it isn't meant to.

Keeping the lights on. The website and the services it runs on cost money: hosting, the Solana data it reads, the domain, and the small fees for sweeping drops into the treasury. With the dao, holders can decide to pay for them from the treasury.

what we won't do

  • No fake volume and no wash trading. We won't pay anyone to trade MOIN back and forth to make it look busy: it misleads people, it's illegal in many places, and trackers can flag or delist coins for it.
  • No price promises. Nobody knows where MOIN goes, and anyone who says they do is guessing.

what you can do now

  1. Help launch the vault: send a little SOL to the launch wallet, from the page or from any wallet.
  2. Tell people about it. Point them at the vault page.
  3. Come and talk to us on Telegram (opens in a new tab) and X (opens in a new tab).

Nothing here is financial advice. Crypto is risky, memecoins especially: never put in more than you can afford to lose.

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