How the ring works
The ring
Every coin launched on Royalepad runs rounds of a battle royale between its own holders. Tokens play only inside the ring: enter locks them in the coin's escrow, a token account owned by the program. Tokens in your wallet do not play.
- Entry window (24 h). Join, top up or leave for free. No weight accrues yet.
- Rings. Then 24 rings close, one every 1 h. Ring k knocks out every stake below its threshold; the thresholds grow from 100,000 to 5,000,000 tokens (0.01 % to 0.5 % of the supply).
- The end. After the last ring the ones still standing win. If a ring would leave nobody, the ones standing on the ring before it win.
After entry closes, a live stake can only top up to max(3 x its stake at the close, the next ring's threshold): a whale cannot walk in at the last minute. You can always withdraw. During the game, withdrawing is leaving: it costs the penalty.
Rings close on chain lazily: the next instruction that touches the round replays every ring that has passed, with the same result as if each had closed on time. The site replays the same math read-only, so the counter is live without a transaction.
The pot
- Penalties. Leave during the game or get knocked out: 10% of your whole stake stays in the pot (5% of each penalty goes to the pad treasury).
- Seeds. Anyone can seed a pot with SOL (from 0.001 SOL), the dev at launch or anyone later. Seeds never leave the pot.
- Creator fee. Untouched by default: the dev keeps the whole pump.fun creator fee. Only if the dev opts in at launch does a chosen share of it go to the pot.
Claims
Winners split the SOL and the tokens of the pot pro rata to stake x time since the close of entry. Token winnings are added to the winner's escrowed stake. Claims are exact and on chain: no merkle tree, no attestor. Anyone can push a claim for anyone (the keeper does); it always pays the owner.
A claim window of 7 d opens when the round is settled. Unclaimed shares roll into the next pot. Escrowed tokens stay withdrawable forever.
The next round opens when the round is settled (anyone can settle it from the coin page). Auto-rejoin puts your escrowed stake back into the next ring by itself.
Numbers
The admin can change the numbers only for coins launched later, inside hard bounds and with a 24 h timelock that anyone can watch.
What you trust
- Payouts need nobody: no attestor, no merkle root, no oracle, no randomness. The program never buys or sells.
- The keeper is only liveness (settle, claims, expiry); every one of its steps is also a button on this site.
- The admin can pause new entries and launches, set future coins' numbers (bounded, timelocked) and the treasury. No instruction can move escrowed tokens, pots or owed balances.
- Program Roy4sNZSKftVobPtxPf73bAovJVGcjsB43Uq46azqu6. It is upgradeable and not audited by a third party.
Limits
- Only escrowed tokens play. Selling means withdrawing first, and withdrawing in the game is leaving.
- A dev's other wallets cannot be told apart; the dev's own position is marked on the map.
- A winner who does not claim in the window forfeits the share to the next pot.
- Whoever settles a round fronts the next round's account rent until that round closes.