Supply and liquidity
Where the tokens go, where the raised funds go, and how your share is calculated.
One billion tokens
Each launch starts with one billion tokens. 77.7% is the presale share, including any creator reserve, and 22.3% goes to the liquidity pool.
A creator can reserve up to 10% of the total supply, in 0.5% steps. That reserve comes out of the 77.7% presale share. It does not reduce the 22.3% set aside for liquidity.
| Creator reserve | Contributors | Liquidity |
|---|---|---|
| 0% | 77.7% | 22.3% |
| 5% | 72.7% | 22.3% |
| 10% | 67.7% | 22.3% |
Your share of the launch
Your allocation is proportional to your confirmed contribution compared with the total raise. If you contributed 1% of the raise, you receive 1% of the contributor token supply.
This is a share of the contributor allocation, not a share of the entire token supply.
Where the money goes
90% of the SOL raised is paired with the liquidity tokens in the pool. The remaining 10% is Parcel's platform fee. This money split is separate from the token supply split.
| Use of funds | Share of the raise |
|---|---|
| Initial liquidity | 90% |
| Parcel platform fee | 10% |
The liquidity pool
The pool pairs the launch token with wrapped SOL so people can buy and sell. Parcel creates a full-range position in a Raydium CLMM pool and permanently locks it with Raydium Burn & Earn. The lock keeps a fee receipt that can collect trading fees but has no way to withdraw liquidity. The token's mint authority is removed and it has no freeze authority.
Locked liquidity does not fix the token's price. The price still changes as people trade.