For the complete documentation index, see llms.txt. This page is also available as Markdown.

Diamond Hands

What is Diamond Hands?

Diamond Hands is a game theory mechanic built into every Bound Launchpad token. It rewards long-term holders with a growing share of ongoing trading fees from the locked LP position.

How it works

At the end of a mint, tokens are distributed to participants. Any tokens that remain unsold and untransferred automatically enter Diamond Hands status.

Diamond Hands holders receive:

  • A share of trading fees generated by the locked LP position

  • A growing share as other holders sell - once tokens are sold or transferred, they can never regain Diamond Hands status

Eligibility

To qualify for Diamond Hands rewards, you must:

  • Have minted at least 1,000,000 tokens

  • Hold those tokens without selling or transferring them

Revenue split

Recipient
Share

Token deployer

50%

Diamond Hands holders

50%

Example

A token launches with 1B supply. After the mint:

  • Alice mints 1M tokens - eligible for Diamond Hands

  • Bob mints 2M tokens - eligible

  • Carol mints 3M tokens - eligible

All three share 33.33% of trading fees proportionally.

If Bob sells 500K tokens, his remaining 1.5M retain Diamond Hands status. Carol and Bob now hold a larger share of the Diamond Hands pool.

If Alice sells 200K tokens then buys back 300K from the market - her bought-back tokens do not count. She falls below the 1M held-since-mint threshold and loses Diamond Hands status entirely.

King of the Block

The token with the most mints included in the current virtual block is featured as King of the Block on the Launchpad. If there's a tie, it's determined by most BTC committed, then by earliest submitted mint.

Last updated