Keystone Launch a coin

How the arch is measured.

Each week, the coin whose holders tie the most other coins together becomes the keystone, and its dev burns a tranche of their own bag on schedule, signed in advance. Here is every rule, in the order it runs.

1

Launch on Stonks

The studio builds a full Stonks launch on Raydium LaunchLab: your coin, its bonding curve and your dev buy in the same transaction. You pick the pair among every Stonks quote.

  • Keystone takes 0%. Fees are the curve's: 1% StonkFun and 0.25% Raydium, 0% to the creator.
  • Dev buy: 0.5% to 20% of supply.
  • One transaction: the creation and the dev buy, signed by the dev.
2

Sign your burn plan

Before the launch, you reserve part of your dev buy (50% by default) and cut it into 4 equal tranches. You sign 4 burn transactions, each with its own durable nonce, so they stay valid for as long as you leave them armed.

  • Keystone stores the signed burns and can only submit them, unchanged.
  • If you sell below a tranche, or use its nonce, the tranche turns CANCELLED in red on your coin page.
  • The rent of each nonce comes back to you when you close it.
3

Get linked, every hour

Every hour, Keystone reads the holders of every coin. A wallet links two coins when it holds at least 0.05% of both, on each of the 7 snapshots before the election.

link(A, B) = Σ over those wallets of min(smallest share held in A, smallest share held in B)

A coin's weight is the sum of its links. The page shows it as a share of all link weight: the part of the arch that would fall if the coin left.

  • The dev and the pool vaults are never counted.
  • Keeping the smallest share means a wallet that sells mid-week only counts for what it kept.
4

Sunday 20:00 UTC: the keystone

The coin with the most link weight becomes the keystone. If two tie, the older one wins. Keystone submits the next tranche of its dev's burn plan, and the chronicle records the week.

  • 4 titles per coin at most, one per tranche.
  • A missing snapshot means no keystone that week. The empty week stays in the chronicle.
  • No AI, no votes, no committee: plain arithmetic on public holder data.

Why “keystone”

In the 1960s the ecologist Robert Paine kept pulling ochre sea stars off one stretch of rocky shore at Mukkaw Bay, on the Pacific coast of Washington. Without them, mussels took over and the shore lost most of its other species. In 1969 he named animals like it “keystone species”: few in number, holding the rest in place.

In masonry, the keystone is the last stone set at the top of an arch, and the one that locks every other stone. Here, it is the coin whose holders lock the most coins together.

What Keystone cannot do