The platform coin ยท coin #1
$HIGH
$HIGH is launched by the platform wallet through the same transaction as every other coin, under exactly the same rules: whole supply in a locked DAMM v2 pool, nobody holds a token at launch, and if the team buys, it buys in public.
What locking $HIGH does
a share of every coin's fees
It depends on trading volume across the platform, and with no volume it is zero. Until $HIGH is set on chain (the admin's one-time set_high), that half goes to the treasury instead.
Example: 1 SOL of trading fees
- Meteora
- 0.20 SOL
- Lockers of that coin
- 0.32 SOL
- Creator side
- 0.32 SOL
- Treasury
- 0.08 SOL
- $HIGH lockers
- 0.08 SOL
Meteora keeps 20% of each fee; the rest is harvested and split. Lockers' share is a minimum; creators can give them more.
Coins open
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Fees paid by traders
0.0000 SOLSet aside for $HIGH lockers
0.0000 SOLWaiting to be sent
0.0000 SOLThe program is not initialized yet, so these read zero and the shares shown are the spec defaults.
no ticker to buy yet
$HIGH does not exist yet. When it launches, its address shows here, read from the program's Global account, and nowhere else first. Anything using the name before then is not ours.