🤞🏻 Conviction Pool

we made a thing to protect u from getting absolutely destroyed 🍳

🧠TLDR for smoothbrains:

• devs put sol in pool (optional, no minimum)

• token graduates = traders get price floor protection

• token no graduate = sol returns to dev

• no more crying about rugs (well, less crying)

🤔what even is this??

• tells you which tokens aren't total garbage

• gives traders a price level safety net (still depends on price level and pool size)

• makes devs actually CONVINCE something

⚙️how 2 use:

1. dev adds conviction [optionally] when making token

2. sets price floor (where liquidity is injected thru Meteora DBC)

3. sol gets locked up (no takesies backsies until conditions met)

🤩what happens next?

• ✅ token graduates within 5 days = conviction pool activates

  • sol goes to DLMM pool at the set price floor

  • protection activated!!!

  • token starts trading on Meteora DBC

• ❌ token doesn't graduate in 5 days = sad trombone

  • convict sol returned to dev

  • no protection even if graduates later

  • much disappoint, very sad

👋🏻when it ends:

• all sol are swapped = Conviction Pool closes

• 5 days pass = remaining sol returns to dev

• devs' swapped tokens are locked for 30 days on Streamflow — no instant dump