FAQ
blunt answers. for the longer "why" see philosophy →.
§are you live?
yes — on Solana mainnet.
§what chain?
Solana. built on Meteora DBC (curve) + Meteora DAMM v2 (post-graduation pool).
§what wallets?
any wallet implementing the Solana Wallet Standard — Phantom, Solflare, Backpack, Glow, OKX.
§why 2.5% per trade when pump.fun charges 1%?
because 1.60% of that 2.5% comes back to you if you stake. it's a structural rebate, not a tax — 64% of the total trade fee (and 80% of our partner cut) returns to stakers. see the full math →.
(post-graduation, on the DAMM v2 pool, the trade fee stays at 2.5%. our 2.0% partner cut accrues against our permanently-locked LP position and routes back via the same 80/10/10 split — see graduation →.)
§what's the 0.5% Meteora protocol fee?
every pool on Meteora's DBC + DAMM v2 stack pays a fixed protocol fee — for our 2.5% total trade fee, 20% of it (= 0.5% of the trade) goes to the Meteora protocol. it's set at the pool-config level and we can't redirect it. it's the cost of building on Meteora's infrastructure. the remaining 80% (= 2.0% of the trade) is the partner cut, routed to us.
§what if i hold but don't stake?
you earn nothing structural. holding alone gives you nothing. stake to access the reward pool.
we could have auto-staked everyone but that's a UX trap — auto-stake means you can't transfer without un-claiming first. opt-in keeps it clean.
§why no staking tiers?
we tried, rejected. the linear time-weight model rewards the same behavior (long-term holding) with one fewer concept for the user to track. the full case →.
§what if i unstake and re-stake?
your time-weight resets to zero. you start fresh. there's no cooldown, no fee — just the loss of accumulated weight. that loss IS the incentive structure. it's not a punishment.
§what's the platform's revenue?
we collect a 2.0% partner cut on every trade (curve and post-graduation alike). of that 2.0%, our on-chain distribution program splits 80% to the per-token staker pool, 10% to the token's creator, 10% to treasury (infra, dev, ongoing ops). treasury keeps 0.20% of trade volume — that's our entire revenue line.
post-graduation the math stays the same: the 2.0% partner cut now accrues against the permanently-locked LP position on Meteora DAMM v2, and we claim from that locked position on a schedule. same 80/10/10 split, same treasury share.
§can the platform pause trading?
no. there's no admin function for that. contracts are immutable post-deploy. philosophy on this →.
§can the creator pause / mint more / change fees?
no. the creator launches the token and from that point on has the same powers any external wallet has — they can trade, they can stake, they can claim. they earn ongoing income via our fee-distribution program (10% of our 2.0% partner cut = 0.20% of every trade, perpetually, curve and post-graduation). they cannot modify the token's parameters.
§what happens if hehe.fun shuts down?
graduated tokens are unaffected — they live on Meteora's DAMM v2 independently. ungraduated tokens stay on Meteora DBC's bonding curves, also independent of us. our role is the per-token staker layer + the partner-cut claim/distribution loop. if we go offline, existing claims still work (smart contract, not custodial) and the underlying tokens persist on chain unchanged.
§do you have a token?
a $HEHE platform token is undecided. our current design has each token's economics live in its own silo, so there's no obvious thing for a platform token to do without re-introducing extraction. we may add one if we find a non-extractive design.
§are you audited?
no formal third-party audit. we believe in code-completeness over audit theater — the staking program has unit tests + thousands of randomized stake/unstake property tests passing, every fee parameter is verifiable on-chain, and routing is immutable post-deploy. an audit makes sense for a project with mutable admin powers; ours has none.
§you say "anti-extraction" a lot. can i verify it?
yes. read the fee routing page — every cent the platform earns is on that page. every contract address is published and every fee parameter is readable on-chain.
§why "hehe"?
because we know what this is. you know what this is. that's the joke. more →.