How ANCHOR works.
Short and honest. No promised returns.
What is ANCHOR?+
A Solana launchpad on Meteora's Dynamic Bonding Curve. Every coin is paired with an asset you pick (SOL and USDC today) and carries one protection rule until it graduates.
What do the protection rules do?+
Each coin is a Token-2022 token with a transfer hook: a small program that runs on every transfer. ANCHOR's hook enforces one rule per coin: max 2% of supply per wallet, no buys in the slot the pool opens, or a lock on the creator's wallet.
Do the rules protect me from losing money?+
No. A rule stops one specific behaviour, nothing more. Max-wallet doesn't stop someone using many wallets. The dev lock covers only the creator's own wallet. No rule stops the price from falling, and a coin can go to zero.
When does a rule end?+
At graduation. When the curve completes, Meteora's DBC program removes the hook from the token, because the DAMM v2 pool it graduates into doesn't accept tokens with an active hook. Meteora's operators can also remove a hook at any time.
Is the hook program audited?+
Not yet. The hook program was written and internally reviewed by the ANCHOR team. An independent audit comes before mainnet, and launching on mainnet stays off until it is published.
What is the curve?+
A coin opens at about $20k market cap and graduates at about $80k. Meteora prices the curve in the paired asset, so the USD figures are converted at that asset's live price when the coin launches.
What happens at graduation?+
The liquidity moves into a Meteora DAMM v2 pool and the LP is permanently locked. The protection rule ends at the same moment.
Where do the fees go?+
Every trade pays a 2% fee. All of it goes to ANCHOR's operator wallet; the creator takes no share.
How are holders paid?+
In the coin's paired asset: SOL for SOL-paired coins, USDC for USDC-paired coins. ANCHOR's bot sends the payouts from one public rewards wallet, and every payout is listed on the rewards page with its Solscan link. Payouts depend on the fees coins actually earn; there is no fixed amount or schedule.
Can I pair with a tokenized stock?+
Not yet. Meteora's DBC accepts plain SPL tokens like SOL and USDC without approval. Assets with Token-2022 extensions, which most tokenized stocks use, need a token badge that only Meteora can grant.
Who holds my keys?+
Only you. Your wallet signs every step of a launch. The server signs only as the coin's fresh mint and config addresses, which exist just for that launch.