Summit Bounty

How the bounty works

The pool

Every creator fee that is forfeited, in full: when a creator's wallets sell more than half of what they bought in the coin's first 3 days, or when a coin goes 7 days without a trade before graduating.

The tiers

Summit: break $1M and hold at least $800K; Peak: break $500K and hold at least $400K, each for 24 hours, with first buyers not linked to the creator. A coin wins only its highest tier in a week. A coin whose creator forfeited can still win, and the creator's part then buys the coin back and burns it.

Each winner's share

30% to the creator, 50% to its top 50 holders pro rata, 20% buys the coin in its own pool and burns it.

Settlement

Checked 24 hours after the line is crossed, paid at the end of the week. A tier with no winner leaves its share in the pool for next week.