Rules
How pwerps
actually works
01
Launch first
Coins are created on pump.fun through pwerps. This coin's pool wallet is the on chain creator. Your wallet pays the launch. You do not receive creator fees.
02
One pool. One fee stream.
Trading that coin produces creator fees. 100 percent of those fees lock to this coin's pool wallet. pwerps does not keep a share. Fees are claimed every five minutes into that pool only. No outside coins. No shared index. No public backers. A short pays a 0.50 percent open fee plus premium into the same pool. Losing shorts add their leftover stake there too.
03
Shorts open when fees land
Shorts stay closed until the pool has room. Room is 80 percent of fee capital, minus what is already reserved. Each short reserves twice its stake so a dump to zero can still be paid. New shorts stop when that reserve would exceed the room. Minimum size is 0.05 SOL. There is no margin.
04
Cash out any time
Strike is the live price at open. When you cash out, settle is the median of the last five minutes of samples if there are enough, otherwise the live price. If the price falls, the short is paid from this pool, up to twice your stake. If the price rises, the pool keeps the leftover. There is no 6 hour or 24 hour lock.