The protocol
Overview
Fraksha is a Solana launchpad. Creators choose a starting supply and either keep it fixed or set scheduled reductions. Each token has its own market, settings and fee recipient.
FRAKSHA is the flagship market. Its supply schedule and launch are specific to FRAKSHA.
What you buyFraksha records your ownership shares on Solana. You can view the token amount they represent under Positions on Fraksha. These holdings do not appear in your wallet’s normal token list.
Understand your holdings
Get started trading
- Open Explore tokens or go directly to the FRAKSHA market. You can browse without a wallet.
- Select Connect wallet and choose Phantom or Solflare. Use Solana USDC to buy and keep some SOL for network fees and any account creation costs.
- Choose Buy or Sell and enter an amount. Review what you pay, the fee and the minimum you can receive before approving in your wallet.
- After confirmation, open Positions to see your holdings. If the result of an approved trade is unclear, use Check recorded transaction when it appears. Confirm the outcome before trying again.
What you own
When you buy on Fraksha’s bonding curve, you exchange USDC for ownership shares in that market’s asset. The Solana program records the shares in a holder account linked to your wallet address. Your wallet signs the transactions that move or sell your shares. These shares do not give ownership of the Fraksha business or a right to creator or protocol fees.
These holdings live on Solana in Fraksha’s own accounts. They are not SPL or Token-2022 tokens, even when you use an ordinary Solana wallet to sign.
Shares and the amount you see
The page converts your shares into the current token amount using the market’s schedule. A rebase lowers that conversion factor. Your share count stays the same unless you buy, sell, transfer or burn shares; the displayed token amount falls. The pool’s available shares use the same factor.
For example, unchanged shares might represent 1,000 tokens before a 50% reduction and 500 afterward. The pool’s USDC does not change because of the rebase. A higher quoted price per token does not itself increase what those shares can sell for.
What happens when you trade
A buy adds USDC to the market and moves shares from its available inventory into your holder account. A sell moves your shares back into inventory and pays USDC, after fees, according to the bonding curve. The asset side of the pool is share inventory; its USDC is held in a standard SPL token vault. Your sale amount depends on available funds and the trade’s size; it is not a fixed cash redemption.
Wallets and other applications
Current holdings do not appear in a wallet’s normal token list. View them on Fraksha by connecting the wallet that owns them. A Solana explorer can show the underlying accounts and transactions, but these accounts are not standard token accounts or a token mint.
Shares can be transferred through Fraksha’s program. A normal SPL transfer will not move them. Other applications can read the public data and build support, but wallets, exchanges and payment tools need a Fraksha-specific integration. A separate wallet is not required to sign Fraksha transactions.
Standard-token compatibility work
Standard token options have been tested separately. The SPL receipt candidate would show a fixed share count in your wallet and the changing token amount on Fraksha. The Token-2022 candidate was tested on devnet. Neither is active on mainnet, and existing holdings have not been converted.
How launches work
- Identity. Open Launch and enter a name, ticker and description. You can upload a PNG, JPEG or WebP up to 2 MB. The site crops it to a square and stores it on IPFS with a backup. The wallet signature for an upload is a message and does not spend SOL.
- Economics. Choose the starting supply and schedule. You can include an opening purchase, choose how much of that purchase to burn and set a different wallet to receive creator fees. If you leave the fee address blank, it uses your connected wallet.
- Review and sign. Check the supply, timing, fee wallet and cost. You need SOL to create the market, and USDC if you include an opening purchase. Approve the launch in your wallet after reviewing it.
Starting supply, schedule and fee recipients are recorded at creation. There is no ordinary instruction to edit them afterward. See Risks and control for what the program’s upgrade authority can change.
Supply schedules
Read the token page’s rebase schedule before buying. The public Solana launch form offers these options:
| Launch option | How supply changes |
|---|
| Fixed supply | No scheduled reduction. Voluntary burns can still lower supply. |
| Daily percentage | Compounds a daily rate over the chosen number of days. It applies every minute by default, or every second or hour if selected. |
| Supply targets · every minute | Reduces supply toward a series of amounts by deadlines measured from launch. |
| Fraksha fibonacci preset | Preloads the older 24-target schedule, which creators can edit before launch. It is separate from the flagship’s schedule. |
| MAXIMUM PUMP | Presets 15 trillion starting tokens with minute reductions toward a one-token floor over 24 hours. The label describes a supply setting and makes no promise about price or returns. |
A 3% daily rate removes 3% of the remaining amount over a full day, in smaller compounded steps. The special 100% setting moves supply toward the chosen floor over the full schedule length. For a 24-hour schedule, choose a length of one day.
Scheduled reductions stop at the configured floor or when the schedule ends. A final scheduled target can be above the floor. Voluntary burns can take supply below either amount.
How rebases work
The current Solana program keeps track of ownership shares and uses a shared conversion factor to calculate the token amounts shown on Fraksha. A rebase lowers that factor. Your shares stay the same, but the number of tokens they represent goes down. The trading pool follows the same reduction.
The schedule follows Solana’s clock. No transaction needs to run every minute. The website calculates the current amount when it reads the market; an on-chain action applies the elapsed schedule before it proceeds.
If nobody trades for 25 minutes, the next action uses the amount due after those 25 minutes. The reduction follows the original timetable; inactivity does not reset or postpone it.
Minute target schedules start 60 seconds after launch. Other schedules may use a different interval or daily boundary. The token page shows the schedule for that market.
Example: a 1% rebase100 tokens become 99. The pool’s token count also falls by 1%, while its USDC stays the same. Its price per token increases mechanically, but your share-based sale value does not increase from that rebase alone.
Trading and pricing
Buy ownership shares with the market’s quote currency, or sell shares back to the market. The form expresses those shares as their current token amount. Mainnet markets use configured USDC; devnet markets use Mock USDC. Verify the actual currency and network in your wallet.
Buys increase the market’s USDC trading funds and reduce its available token inventory. Sells return tokens to inventory and pay out USDC. Larger trades can move the price substantially.
The pricing formula includes a virtual 4,000 USDC reserve. This helps define the starting curve; it is not money in the vault and cannot be withdrawn. Market cap is price multiplied by current supply. The LP figure shows the actual USDC in the trading pool, excluding fees. Neither is a promise of what you can sell for.
The buy amount includes the 1% trading fee. The quote can change before execution. The transaction expires at its deadline and fails if it would return less than the minimum you reviewed.
Trades and rebases are processed in order. A trade at a rebase boundary uses the applicable schedule before settlement. Buying just before a rebase does not create an automatic profit.
Graduation
A market graduates when a buy takes its real trading funds to at least 10,000 USDC. Its status changes to Graduated.
Trading continues in the same market with the same pricing formula. Graduation does not create another pool, move liquidity, burn inventory or refund part of a purchase. A buy that crosses the threshold still spends its full reviewed budget.
Graduation is not a guarantee of safety, minimum liquidity or future performance. Trading funds can decrease afterward when holders sell.
Fees and claims
Every buy and sell charges a 1% trading fee. Of that fee, 80% goes to the creator and 20% to the protocol. On a 100 USDC buy, the fee is 1 USDC: 0.80 for the creator and 0.20 for the protocol. Integer rounding can affect very small amounts.
Fees are recorded separately from the funds used to pay sellers. Claiming accrued fees does not withdraw those trading funds. There is no ordinary administrator or liquidity-provider instruction to withdraw trading funds directly.
Connect the designated creator fee wallet on My launches & fees to see and claim its fees. Buying a token does not entitle you to creator fees. A creator may have chosen a different recipient wallet.
SOL pays network fees and any account-creation costs. A failed transaction can still cost a network fee. Scheduled rebases do not require holders to submit or pay for a separate transaction every minute.
Creator buy and burn
When launching a token through the public form, a creator can buy and permanently burn some or all of that purchase. Any shares left over from the purchase go to the creator. FRAKSHA used a separate activation transaction for its opening buy and burn.
The launch badge shows the percentage of starting supply burned at launch. The form asks for the percentage of the creator’s purchase to burn. For example, burning 25% of a purchase that represents 20% of starting supply burns 5% of starting supply.
The badge records the launch burn. Supply reduced also counts scheduled rebases and any later burns. Neither percentage tells you what the creator holds today.
Burning destroys shares and does not refund USDC. It can leave some of the pool’s USDC inaccessible. How a burn affects later supply reductions depends on the market’s schedule.
FRAKSHA’s launch and schedule
FRAKSHA opened for trading on Solana mainnet on 7 November 2026 at 17:31:08 UTC. Investors received 6% of starting supply before trading opened.
The creator burned every share bought in the opening purchase, equal to 7.80% of starting supply. View the finalized activation transaction.
The first scheduled rebase was 60 seconds after activation. The schedule applies in minute steps. Its targets use elapsed 365-day years:
| Time since activation | Scheduled token target |
|---|
| Year 1 | 15,000,000,000 |
| Year 2 | 15,000,000 |
| Year 3 | 866,025 |
| Year 4 | 50,000 |
| Year 10 | 30,000 |
| Year 1,000 | 20,000 |
The first two years keep their scheduled reduction rates after burns, so actual supply can be lower than these targets. After year two, reductions adjust to the remaining supply. Burns are permanent, and the program does not mint tokens to restore a missed target.
Target and floor are different: The final scheduled target shown on the token page is 20,000 at year 1,000, subject to burns and rounding. The program’s separate minimum for scheduled reductions is 1 token. The schedule does not continue toward 1 after its final phase.
NFT protection and buybacks are not active features.
Risks and control
- Market risk: prices can fall, demand can disappear and large sales can sharply reduce available USDC.
- Rebase risk: token counts shrink. A rising per-token price from rebasing is not a guaranteed increase in value.
- Upgrade control: the upgrade authority can replace the program, changing its behavior and potentially affecting funds.
- Quote-currency control: the quote token’s issuer may freeze accounts, blocking sells or claims.
- Trading risk: slippage, transaction ordering and sandwich attacks can worsen execution. Higher slippage permits larger price changes.
- Wallet risk: losing the fixed fee-recipient wallet can make fees inaccessible.
- Software risk: testing cannot guarantee the absence of bugs or exploits.
You approve transactions with your wallet. The market’s quote funds are held in program-controlled vaults; “non-custodial” does not remove smart-contract or upgrade-authority risk.
Build with FrakshaIntegration overview
The deployed V3 asset is a custom on-chain share ledger, not an SPL or Token-2022 mint. Holder accounts record raw ownership shares. Nominal token units are a calculated denomination, not a second minted asset. Wallets, explorers and trading tools need explicit integration to interpret them. Ordinary SPL transfers and third-party AMMs do not automatically support these shares.
The SDK reads and validates market ownership, the market address, quote mint, holder account and vault backing. Use the deployed program identity and configured quote mint for the intended network. Never substitute the symbol “USDC” for mint-address verification.
Each market has its own account, holder accounts and quote vault. Its on-chain state records the creator, recipients, metadata, schedule, share inventory, conversion factor and fee liabilities. For current V3 launches, the Token and Curve links on the token page point to the same Solana market account; the Token label does not identify an SPL mint.
Accounts and pricing
Token amounts have six decimal places. Shares convert to token amounts through an integer factor with 18 decimal places. Display rounding does not change transaction arithmetic.
Pricing formulas
Let P be real quote trading funds, V = 4,000 quote units, X inventory shares, T all remaining shares and Q = P + V.
Buy budget B; fee = ceil(B / 100)
Net input N = B − fee
Shares received = floor(X × N / (Q + N))
Sell S shares
Gross quote = floor(Q × S / (X + S))
Sell fee = ceil(gross quote / 100)
Quote received = gross quote − sell fee
These formulas describe quote atoms and shares. Execution also enforces balance, ownership, deadline, minimum-output, custody and arithmetic checks. Gross sale output cannot exceed P.
The reserve relationship Q × X ≥ V × T bounds the combined gross exit of all holder shares by real trading funds in reachable states. This is an accounting property, not a guarantee about future code upgrades or every possible software failure.
Exact-share sells avoid changing the signed share debit when a rebase changes the displayed token amount. Recompute the effective conversion factor using the chain clock before quoting. Failed transactions roll back state changes, apart from network fees.
Charts and history
The chart shows the price per token. It includes executed trades and price changes caused by rebases. Rebases add no trade volume. The browser tab shows the current price followed by the ticker on a loaded token page.
During FRAKSHA’s first 24 hours, Since launch compares the current price with the price just before the creator’s opening buy. After that, 24h compares with the price around 24 hours earlier. Both include rebases. Neither is a return on your holdings.
Recent trades shows what a wallet paid for a buy or received from a sell. The opening FRAKSHA trade carries a Creator buy and burn badge and links to the activation transaction when that trade is in the list.
Chart volume measures the USDC that moved into or out of the market’s trading funds. It counts buys after fees and sells before fees. Recent trades shows what the wallet actually paid or received.
Trade history is saved. The chart can calculate rebase prices between trades from the recorded market state, even if nobody had the page open. Long histories may show fewer points. If there is no reliable comparison price, the percentage shows a dash.
Supply projections assume no additional burns. Rebase price illustrations assume no trades. These are illustrations, not price forecasts.
HelpFrequently asked questions
Can a token reach its minimum supply in 24 hours?
Yes. Set the daily percentage interval schedule to 100%, its length to 1 day, and its application to every minute. Supply gradually reaches the minimum over 1,440 steps. The minimum stays positive. A one-day minute supply-target schedule can also do this.
Do all tokens follow FRAKSHA’s schedule?
No. Each creator chooses the token’s supported schedule. FRAKSHA’s targets and first-two-year burn rule are separate from the public Fibonacci preset. See FRAKSHA’s launch and schedule.
Why has my token balance gone down?
A scheduled rebase may have reduced the displayed amount. Everyone’s balance and pool inventory use the same factor. Check the token’s schedule and your confirmed transactions.
Does a rebase make me richer?
Not by itself. The price per token can rise while your token count falls. Demand and trading affect the value you can receive when selling.
What if nobody trades?
The schedule keeps following elapsed chain time. Reads calculate the current amount and the next on-chain action applies the elapsed schedule. No separate minute-by-minute transaction is required.
Can I profit by buying at the exact rebase time?
The program applies the appropriate time-based amount before settling a trade. A rebase boundary alone does not give you a free gain.
Am I buying an SPL or Token-2022 token?
No, not in the current mainnet version. You buy ownership shares recorded in a Fraksha holder account on Solana. The token amount on the page is calculated from those shares. See What you own.
Why aren’t my holdings in my wallet’s token list?
They are custom program accounts, not ordinary token accounts. Your wallet controls transactions through signatures, but its token list does not interpret those accounts as a token holding. Connect it to Fraksha to see the calculated balance.
Is my balance only stored on Fraksha’s website?
No. The ownership records are public Solana accounts. Another application can read and support them, but it must implement Fraksha’s share and rebase rules.
Can I send my holdings to someone else?
The program supports signed transfers to another wallet’s Fraksha holder account. There is no Send button for these shares in the current Fraksha interface, and your wallet’s ordinary token Send action cannot move them. Transferred shares follow the same schedule.
Do I need a new wallet?
No. Your existing supported Solana wallet can sign Fraksha transactions. That does not make these holdings a standard token.
What would the proposed SPL-share version show in my wallet?
A fixed count of SPL ownership shares. Fraksha would display their changing token equivalent. That version is not active on the current mainnet interface.
Can a creator change the schedule later?
There is no normal instruction to edit an existing market’s recorded schedule. The program is upgradeable, so its upgrade authority remains an important risk.
What does the creator buy-and-burn percentage mean?
It is the share of starting supply burned at launch. The percentage of the purchase burned and the total supply reduction are separate figures.
What happens when supply reaches its target?
Trading can continue after the schedule finishes. Scheduled reductions stop at the configured floor or when the schedule ends. Voluntary burns can take supply lower.
Does graduation move liquidity elsewhere?
No. It changes the market’s status after a buy reaches the threshold. The same reserves and pricing formula continue.
Can everyone withdraw the displayed market cap?
No. Market cap is an indicative calculation from the current price and supply. Actual sale proceeds depend on real trading funds, trade size, other sales, fees and rounding.
How do I claim creator fees?
Connect the fee-recipient wallet on My launches & fees, review the available amount and approve the claim. Holding tokens alone does not create a fee entitlement.
Does burning return my purchase money?
No. It destroys the shares and gives up their claim on reserves. This can leave quote funds inaccessible.
Why did my trade fail?
Possible reasons include insufficient funds, too little SOL for fees, an expired quote, price movement beyond your minimum, network issues or an unavailable quote account. If a signed transaction’s outcome is unclear, use Check recorded transaction when available or look up its signature in a Solana explorer before trying again.
Are NFTs or other chains supported?
NFT protection is not part of this release. Solana is the only live network in this interface. The other network options are not available for launches or trading.
