Launch meter

Status

The meter is live in the API, the web app and the MCP server (/api/launch-pool, the landing page, /app/earnings, get_launch_status). It reads the pool balance from chain. Until Potswap publishes the launch-pool address it shows 0 / 500 SOL with enabled: false. No fees are swept before the address is published and the Season 0 page has had legal review.

What it is

A single public number: the SOL balance of the launch-pool address, read from chain, shown against a fixed target of X = 500 SOL. When the meter reaches X, the POT token launches.

What fills it

Only protocol fees. During Season 0 (pre-launch), 60% of every net fee (net = after Jupiter’s 20%) moves to the launch-pool address by a daily treasury job that sweeps the referral accounts. The address is a Squads multisig once it holds more than 50 SOL.

Nothing else can fill it:

• No deposits, presales or contributions are accepted from anyone. The meter is a legal boundary, not a fundraising target; the design calls for legal review before it passes 50%.
• The only way to move the meter is to trade through Potswap (web or MCP) and pay the fee.

Where it shows

• GET /api/launch-pool — JSON, cached 60 s:

  {
    "enabled": true,
    "address": "<launch pool address>",
    "balanceSol": 125.4,
    "targetSol": 500,
    "pct": 25.08,
    "remainingSol": 374.6,
    "reached": false,
    "launch": null,
    "season": { "n": 0, "dayIndex": null, "start": null, "end": null },
    "splits": { "launchPool": 0.6, "rewardBalances": 0.2, "burn": 0, "team": 0.2 },
    "rules": "Only protocol fees enter the pool. No deposits, presales or contributions are accepted."
  }

  enabled: false with address: null means the address is not published yet. An RPC failure adds error: "Balance temporarily unavailable" and keeps the shape.

• Landing page and /app/earnings — the meter card, next to points this epoch, reward balance (SOL), season and level.

• MCP — get_launch_status returns the same object plus unclaimedSol, claimLadder and potDistributedMicro from /api/stats.

What happens at X

The launch runbook executes, scripted and auditable:

1. Mint 1,000,000,000 POT; revoke the mint authority.
2. Seed a Meteora / Raydium pool with 20% of supply and all pool SOL; lock the LP.
3. Publish the Season 0 Merkle snapshots (the 25% airdrop, replayed day by day: day k unlocks at launch + k days).
4. Start Season 1 (30 days, 20M POT ≈ 667k/day). launch in the API becomes the launch date; season.n becomes 1.

From that point, the fee split changes to 20% reward balances / 30% burn / 50% team and operations, the launch pool receives nothing further, and /api/claims opens so reward balances can buy POT.

For agents

Read the meter as public information: an agent may use it to decide when a Season 0 position is worth building (every day traded earns a slice of the 250M airdrop). Potswap exposes no way to contribute to the pool except trading. See Points and POT for the full economy.