Holder stock rewards

Several memestock launchpads turn trading fees into stock for the coin's holders. A share of every buy and sell on a memecoin is taken as a fee, swapped into the tokenized stock the coin is paired with, and sent to whoever holds the coin, in proportion to their holding. Trade a meme quoted in Apple and you end up holding a little tokenized Apple. Done across thousands of coins, it is a steady flow of money from memecoin trading into the tokenized stock market.

By launchpad

By stock

The tokenized stock bought and sent to holders, in shares and at today's price, for the stocks that received most.

The coins that paid most

How each launchpad does it

Feel.cash calls it Holder Stock Rewards: 0.85% of a coin's trading volume, paid about once a day in the paired stock to wallets holding at least 0.01% of the supply, weighted by how long they held. The creator chooses it at launch instead of taking the fee themselves. stonk.fun runs Reward launches on Solana, funded by a transfer tax or the pool fee and paid pro rata in the quote token, an xStock for stock-paired coins. Pump.fun's Holder Rewards send a coin's fees to holders several times an hour in the quote asset. BaseStonk lets the creator set the share of their fee cut that goes to holders, paid in the pair token. Stonks Exchange routes a coin's fee share to a treasury that buys the stock and pushes it to holders in batches.

The market reads each launchpad's own record of its payouts (and Stonks Exchange's onchain), counts only payouts made in a stock token, keeps the units of stock and values them at today's price. The figure appears as Paid to holders in the market table, on each memestock's page, per launchpad in the Launchpads view and per stock in Wall St. What is a memestock?↗︎

Frequently asked questions