How it works
Steakr is a launchpad platform on Raydium LaunchLab, the way Bonk.fun is. Coins trade on a bonding curve, graduate in a Raydium pool at 85 SOL, and keep earning from there.
- 1
Coins launch
Anyone launches in one transaction on Raydium LaunchLab, starting at about 26.6 SOL market cap. The deployer picks who earns: the creator or the holders.
- 2
They trade
Coins trade on the bonding curve until 85 SOL is raised.
- 3
1.25% fee on the curve
Steakr's 1% plus Raydium's 0.25%, on every curve trade, in both rewards modes.
- 4
Fee split
0.25% rewards, 0.40% $STEAKR burn, 0.35% treasury, 0.25% Raydium.
- 5
Graduated
At 85 SOL the coin moves to a Raydium pool. Steakr and the creator (or the holders) keep earning from its fees, and its allocation unlocks and goes to $STEAKR stakers.
- 6
More launches, more traders
Creators, holders and stakers all have a reason to stay. If that brings more launches, the loop turns again. Nothing guarantees it does.
Raydium LaunchLab's constant-product curve
Price follows x · y = k on 28.07 virtual SOL and 1.055B virtual tokens, sized by Raydium LaunchLab so that 793.1M tokens sell for exactly 85 SOL with 1% of supply locked as the allocation. Each buy adds SOL and removes tokens, so the price climbs; each sell does the reverse. Quotes on every coin page use this math.
| Supply | 1B, fixed |
| Start market cap | ~26.6 SOL |
| Graduated at | 85 SOL raised |
| Market cap at graduation | ~432 SOL |
| Sold on the curve | 793.1M |
| Seeds the Raydium pool | 196.9M + 85 SOL |
| Allocation | 10.0M (1%) |
1.25% per trade
Steakr's 1% plus Raydium's 0.25%, taken in SOL: off the top of a buy, off the proceeds of a sell. With Creator rewards, Raydium pays the 0.25% to the creator on-chain and Steakr takes 0.75%. With Holder rewards, Steakr takes 1% and pays 25% of it to the holders. The 1.25% stops when the coin graduates.
The creator, or the holders
The deployer chooses where the rewards go, and it's fixed for that coin (the two modes run as two separate Steakr platforms on Raydium).
- Creator rewards: 0.25% of every curve trade, paid to the creator on-chain by Raydium; once graduated, the 0.05% pool-creator fee. Collect it any time from Creator earnings.
- Holder rewards: Steakr's bot pays 25% of its 1% fee to the coin's holders; once graduated, the 0.05% pool-creator fee goes to Steakr, which passes it on. Paid out automatically every hour, pro rata to balance.
Holder payouts go to wallets with at least 0.01% of supply; the bonding curve, the Raydium pool and vault accounts are excluded. Burn, treasury and the allocation are the same in both modes.
From the curve to a Raydium pool
At 85 SOL raised, the curve closes and Raydium LaunchLab moves the coin to a Raydium CPMM pool, seeded with the raised SOL and the 196.9M tokens that weren't sold or locked as the allocation. The pool opens at the price the curve ended at. The 1.25% curve fee stops there.
| Pool fee, total | 0.30% |
| LP fee, to Steakr's fee key (Raydium keeps a protocol cut of it) | 0.25% |
| Pool-creator fee, to the creator (or Steakr, for the holders) | 0.05% |
The pool's 0.25% LP fee goes to Steakr's fee key; Raydium keeps a protocol cut of it. Steakr keeps earning from the pool forever, and so does the creator, or the holders.
1% of every coin, unlocked at graduation
- Each coin sets aside 1% of its supply (10.0M tokens) as its allocation, locked in Raydium LaunchLab's vault while it's on the curve.
- When it graduates, the whole allocation unlocks at once and goes to $STEAKR stakers, shared by each staker's average stake over the 7 days before graduation. There is no vesting period.
- Steakr's payload wallet claims it from the vault and opens a claim list for that coin; stakers claim their share on the Stake page. Each coin page shows where its allocation is: locked, unlocked, claimed, or sent to stakers.
- What stakers receive is the coin itself, theirs to keep or sell.
- If a coin never graduates, its allocation stays locked forever.
Example: a coin graduates at about 432 SOL market cap, so its allocation is worth about 4.3 SOL at that price. A staker with 1% of the average stake receives about 0.043 SOL worth of that coin, and its value moves with the coin.
40% of Steakr's fee retires $STEAKR
40% of Steakr's 1% fee (0.40% of every curve trade, on every coin) buys $STEAKR back and burns it. Burns reduce supply. They don't set a price and they aren't a payout to anyone.
$STEAKR launched as the platform's first coin. Its supply is fixed: nothing mints more, and stakers are paid in allocations, never in new $STEAKR.
FAQ
Is Steakr its own program, or built on pump.fun?
Neither. Steakr runs as its own platform on Raydium LaunchLab, the way Bonk.fun does: launches use Raydium LaunchLab's bonding curve, and at 85 SOL a coin graduates (graduates) to a Raydium pool.
What does a trade cost?
While a coin is on the curve: 1.25%, Steakr's 1% plus Raydium's 0.25%. Graduated: the Raydium pool's 0.30%. The pool's 0.25% LP fee goes to Steakr's fee key (Raydium keeps a protocol cut of it), and a 0.05% pool-creator fee goes to the creator, or to Steakr for the holders. Solana network costs apply as usual.
Creator rewards or Holder rewards: what's the difference?
The deployer picks one at launch and it's fixed for that coin. Creator rewards pay the creator, who collects from Creator earnings. Holder rewards pay the coin's holders automatically every hour, with nothing to claim. Burn, treasury and the allocation are the same either way. The numbers are in the fee cards above.
What does it cost to launch?
Steakr earns from trading fees, and they apply to your optional dev buy like any other trade. Solana network costs apply; any Raydium LaunchLab creation cost is confirmed at launch.
How long do rewards last?
For as long as the coin trades: 0.25% of every trade while it's on the curve, then the 0.05% pool-creator fee once it's graduated.
Do $STEAKR stakers get a share of trading fees?
No. Stakers receive allocations: 1% of each coin's supply, unlocked in full the moment the coin graduates. The 40% burn reduces $STEAKR supply for every holder, but it is not paid to anyone.
When does my stake count for an allocation?
Each allocation is shared by each staker's average stake over the 7 days before that coin graduates, so staking at the last second earns little of it. Coins that graduated before you staked don't pay you. You claim each allocation on the Stake page and pay the small account rent for it (about 0.0025 SOL, most of it refundable). An allocation left unclaimed for 90 days goes to the treasury.
Can I sell the tokens I receive?
Yes. An allocation is paid in the coin itself. Once it is in your wallet it's yours: keep it or sell it whenever you like.
What happens to coins that never graduate?
They keep trading on the curve and keep paying fees on every trade, including the rewards share. Their allocation never unlocks: it stays locked forever.
Are these numbers final?
The fee routing was checked on Raydium LaunchLab devnet: 1.25% on the curve, then the Raydium pool's 0.30% graduated. Every number on this site comes from one config file, and the live site reads the rates each platform charges from chain. Steakr's platform admin can change its Raydium LaunchLab fee settings on-chain, also for coins already launched (Raydium LaunchLab caps the platform fee at 5% and the creator fee at 0.5%); coin pages show the rate the platform charges.
Is any of this a guaranteed return?
No. Most coins never graduate. Allocations are paid in memecoins whose price can drop to near zero, and rewards depend on trading that can dry up. Burns reduce $STEAKR supply but don't promise any price. Nothing here is financial advice.