Reservoir

How it works.

Six steps from launch to redemption. Each one links to the precise rules in the docs.

  1. Step 1

    Launch with one signature

    Pick a pair (SOL, USDC or MET), a raise, a fee tier and an engine. The pool is created on Meteora’s Dynamic Bonding Curve, with an optional first buy in the same transaction.

    Read the details in the docs →
  2. Step 2

    Every trade pays the fee

    Trades on the curve pay the coin’s fixed fee — 1–4%. Meteora takes its protocol share; the rest belongs to the coin’s split.

    Read the details in the docs →
  3. Step 3

    The keeper splits 90 / 10

    Every few minutes the keeper claims fees per pool: 90% to the coin’s engine, 10% to the house. Keep coins skip this — 90% accrues to the creator on-chain.

    Read the details in the docs →
  4. Step 4

    The engine does its job

    Burn buys the coin back and burns it. Stocks, ZEC and BTC buy assets into the coin’s own reserve wallet. Every round is a public transaction.

    Read the details in the docs →
  5. Step 5

    Graduation to DAMM v2

    When the curve hits its raise, liquidity moves to a Meteora DAMM v2 pool with the same fee, and the LP is permanently locked. The engine keeps running on the new pool’s fees.

    Read the details in the docs →
  6. Step 6

    Burn to redeem

    Holders of reserve coins can burn coins for their share of each reserve asset, minus a small redeem fee that stays in the tank for everyone else.

    Read the details in the docs →

Where the fee goes.

One fixed fee per coin. Meteora takes its protocol share; the rest is split ninety–ten between the coin’s engine and the house.

  1. Trade fee
    1–4% · fixed per coin
  2. Meteora protocol
    its share · exact per pool
  3. Platform part
    what remains of the fee
  4. 90% → engine
    Keep: to the creator, on-chain
  5. 10% → house
    pays keeper gas

Every trade pays the coin’s fee tier — 1–4%, fixed per coin — on the curve and on the DAMM v2 pool after graduation. Meteora takes its protocol share first ; each coin page shows the exact on-chain split for that pool. Of the rest, Keep coins pay 90% to the creator on-chain and 10% to the house. Burn, Stocks, ZEC and BTC coins send 90% to the coin’s engine, executed by the keeper, and 10% to the house, which also pays the keeper’s gas.

Where 90% of the fee goes

Chosen once at launch. Can never be changed afterwards. The remaining 10% is the platform (house) share.

  • ◆ Keep engineon-chain creator fee

    Keep (◆)

    90% of the fee accrues to the creator on-chain (DBC creator fee). The platform never touches it — the creator claims it.

  • ▲ Burn enginedeflationary

    Burn (▲)

    The keeper buys the coin on its own pool and burns it. Supply only goes down.

  • ⬡ Stocks enginereserve · redeemable

    Stocks (⬡)

    The keeper buys up to 5 tokenized stocks (xStocks) by the weights fixed at launch into the coin’s reserve.

  • ◎ ZEC enginereserve · redeemable

    ZEC (◎)

    The keeper buys wrapped ZEC on Solana into the coin’s reserve.

  • ₿ BTC enginereserve · redeemable

    BTC (₿)

    The keeper buys cbBTC / WBTC into the coin’s reserve.

What’s on-chain, and what isn’t.

Three things are enforced by Meteora’s programs. One depends on us. We would rather say it plainly.

  • On-chain

    The fee is fixed forever

    Pair, fee tier, raise and engine are written into the Meteora DBC config when the pool is created. Nobody can change them later — including us.

  • On-chain

    LP is locked forever

    At graduation liquidity migrates to a Meteora DAMM v2 pool and the LP position is permanently locked.

  • On-chain

    Every keeper move is a public tx

    Fee claims, burns, reserve buys and redemption payouts are on-chain transactions, listed with links.

    See the proof
  • Trust required

    Reserves are custodial

    Reserve assets sit in platform-controlled wallets and the engine is run by an off-chain keeper — not a smart contract. You trust the platform to run it honestly and keep the keys safe.

    Read the custody notes