HeliusPadHow HeliusPad works
HeliusPad launches pump.fun coins whose creator fees pay the people holding them. The rewards are paid privately through Solana Privacy Rings by Helius.
Launching
Every HeliusPad coin is a normal pump.fun coin: 1 billion supply, pump.fun's fair bonding curve, and it graduates to PumpSwap when the curve sells out. It shows up on pump.fun, Axiom, DexScreener and Jupiter like any other coin.
The one difference is the creator. Instead of your wallet, each coin's creator is a HeliusPad wallet made just for that coin, so its creator fees can be split with holders. You still pay for the launch and get the launcher share.
You can pay with Phantom, or from your private balance. A private launch moves SOL out of Rings into your private wallet, and that wallet launches the coin, so your Phantom address isn't on it.
Where the creator fee goes
pump.fun pays a creator fee on every trade. Its rate is set by pump.fun and depends on the coin's market cap.
| Share of each creator fee | Goes to |
|---|---|
| 50% | Holders, split by how much each holds, paid privately |
| 30% | The wallet that launched the coin, paid privately |
| 20% | Protocol |
While anyone has the site open, the rewards engine runs every couple of minutes, plus once a day regardless. It collects each coin's creator fees, splits the holder share across current holders by balance, and pays anyone owed at least 0.001 SOL, up to 15 people per private transfer. Pools, bonding curves and other program-owned accounts don't count as holders.
Your private wallet
When you unlock it, Phantom signs a fixed message and your browser turns that signature into a key. The key never leaves your browser and is never stored. Signing again on any device brings back the same wallet. Turning on private rewards registers it with Rings and links it to your Phantom address, so rewards for coins you hold in Phantom are sent there. Until you turn it on, your rewards wait for you.
What is private, and what isn't
- Hidden: how much each person is paid, and your private balance. Payouts are encrypted on chain, and only you can decrypt yours.
- Public: trades on pump.fun, the creator fees each coin collects, deposits into Rings and withdrawals out of it.
- Known to the engine: which Phantom address is linked to which private wallet, because it needs that to pay you.
Risks
Memecoins are extremely risky. Solana Privacy Rings is beta software. The rewards engine holds collected fees until it pays them out. Only use money you can afford to lose.