How the floor works.

$FLOOR is an ordinary Pump.fun coin with one difference: the creator fees it earns are not a founder's salary. They are the raw material of a stock treasury.

The fee flow

Pump.fun pays coin creators a fee on every trade — on the bonding curve and, after graduation, on PumpSwap. The rate is set by Pump.fun's fee program and varies with market cap (roughly 0.05%–0.95% per trade under the current schedule). Those fees accrue in SOL to a program-owned account, the creator vault, which anyone can watch on Solscan. PumpFloor claims the vault and swaps the SOL into xStocks via Jupiter, into a public treasury wallet.

The 50/50 split

Every stock purchase divides in half. Fifty percent is the holder allocation — reserved for distribution to $FLOOR holders. Fifty percent is the floor — it stays in the treasury permanently and backs the token with real assets.

Holder distribution mechanics — eligibility, cadence, and claims — ship after launch and will be documented here before the first distribution. Until then the holder allocation simply accumulates, visible on-chain. We publish the mechanism before we run it, not after.

Floor math

Floor per token = floor treasury value ÷ circulating supply. It rises when trades add fees, when the stocks appreciate, and it falls when the stocks fall. The floor is a measurable quantity, not a promise: it does not stop the market price from trading below or above it.

The stocks

The treasury buys xStocks — tokenized equities issued by Backed Finance, live on Solana since June 2025, traded permissionlessly on Jupiter and Raydium. Each xStock is a Token-2022 asset tracking its underlying equity, with the issuer handling the real-world backing. The buy basket concentrates on the deepest on-chain liquidity: NVIDIA, Apple, the S&P 500, Alphabet, and gold.

What can go wrong

Issuer risk. xStocks carry a freeze authority and a permanent delegate controlled by Backed Finance. The issuer can freeze or seize tokens, including the treasury's. That risk is irreducible.

Liquidity risk. On-chain xStocks liquidity is thin compared to equity markets — a large treasury exit would move prices.

Market risk. Stocks fall. The floor falls with them. $FLOOR itself is a memecoin and can go to zero regardless of the treasury.

Operational risk. Fee claiming and stock purchases are executed by the team's wallet, not yet by an autonomous program. Every action is publicly visible, but you are trusting the operator until that changes.

Verify everything

The treasury wallet, the creator vault, the token contract, and every purchase transaction are linked from the front page the moment they exist. Prices come from Jupiter's public price API; balances from Solana RPC. If a number on this site can't be traced on-chain, we show a dash and say why.

Informational only — not financial, legal, tax, or investment advice. Tokenized equities are not brokerage shares: no voting rights, no dividends, limited liquidity.