On-chain terms
What Solana locks for every Zecret coin, read live from the chain. The full explanation is in the docs.
How it works
- Launch. You pick a name, ticker, image and curve size and sign once. Meteora's Dynamic Bonding Curve program creates the coin and its pool. Supply is fixed at 1,000,000,000; nobody can mint more or freeze accounts.
- Trade in ZEC. The pool prices the coin in wrapped ZEC on Solana. Buys push the price up the curve, sells bring it down.
- Fees. Each trade pays 1% in ZEC: 0.6% for the creator, 0.2% for Zecret, 0.2% for Meteora. The split is written into the pool's config and enforced by the program.
- Rewards. Zecret's keeper claims the creator's share and sends it in the same transaction to the creator's ZEC account: when at least 0.001 ZEC is waiting, or once a day for smaller amounts. With a shielded address on file, it batches and sends through NEAR Intents instead.
- Graduation. When the curve has raised its target (5 / 15 / 40 ZEC), the coin moves to a Meteora DAMM v2 pool with all of its liquidity locked permanently.
What the chain locks
Read from Solana just now. Every pool points at one of these configs forever; a config cannot be edited.
| Curve | Config | Trade fee | Creator share of non-Meteora fee | Quote token | Graduates at | LP locked forever | Metadata |
|---|---|---|---|---|---|---|---|
| Small | 89UX…cdvA | 1.00% | 75% | ZEC | 5 ZEC | 100% | immutable |
| Standard | 2rFh…6iKo | 1.00% | 75% | ZEC | 15 ZEC | 100% | immutable |
| Large | EVLj…d62X | 1.00% | 75% | ZEC | 40 ZEC | 100% | immutable |
Each coin's page shows its own mint and freeze authority as read from chain.
What Zecret can still change
- Terms for future coins, by creating new configs. Existing coins keep theirs.
- Where creator claims go. The keeper GX6D…5Egw holds each pool's on-chain creator role so it can claim without asking you to sign. The code sends your share to your wallet, but the role is a real power. Any creator can take the role to their own wallet from their coin page; automatic payouts then stop for that coin.
- Shielded payouts are held by the keeper until they reach the batch size. That is custody, for as long as it waits.
- The website and the keeper can stop. Fees keep accruing in each pool on chain and stay claimable by whoever holds the role.
- Zecret's own fee goes to 3y9v…rdEA.
The ZEC on Solana
Coins here trade against wrapped ZEC (A7bd…QXaS), issued on Solana by the NEAR Omni Bridge. It is not Zcash itself: it is a claim on ZEC held by the bridge.
- Mint authority
- FvULawNPGBbuwYus74ECaQoV1oH9Tk6XPN7VPN51NYds
- Freeze authority
- none
- Supply on Solana
- 100,170.34 ZEC
If the bridge fails, is hacked or stops redeeming, every coin's ZEC and every creator's rewards here lose value at the same time.
What stays public
Everything on Solana is public: launches, trades, holders, claims. The privacy here is in the money: rewards are ZEC, and a creator can send them to a shielded Zcash address, where the amount and recipient are not visible on the Zcash chain. The Solana side of that withdrawal is still public.
Risk
These are memecoins. Most go to zero. Zecret makes no promise of price, profit, volume or rewards. Only use money you can lose.
