How it works.
Every Vibe Shift coin fills a red envelope from its trading fees. When it is full it bursts and pays the holders whose lucky cat is waving. This guide covers buying, starting and checking a coin. Every number lives on the rules page.
For buyers
Hold a coin and you have a lucky cat (招财猫). The cat is what catches envelopes. There is nothing to sign up for or claim: your wallet holding the coin is enough. The longer you hold without selling below what was counted, the harder your cat waves and the bigger its chance in each draw.
Each coin has its own red envelope (红包) with a size and a number of shares set by its starter. You can see how full it is on the coin page. Catching is a random draw weighted by your cat, so holding more and longer improves your odds, but nothing guarantees a share.
Catching an envelope
- 01Hold the coin
Buy on the curve (or take a seat in a boarding) and keep the tokens in your wallet. Your cat is counted at the next count, every 10 minutes.
- 02Keep your cat waving
From that count your cat can catch. It waves harder the longer you hold, 1x up to 3x over 7 days. Selling below what was counted knocks it over and the wave starts again at 1x.
- 03The envelope fills
Every trade adds the coin's envelope share of the fee. When the envelope holds its full size, the waving cats are snapshotted and the envelope is sealed.
- 04The burst
A later block decides who catches, weighted by each cat's weight. Each catcher gets a random share, and the biggest share gets the best luck badge (手气最佳).
- 05Paid to your wallet
The pot buys the pay coin and sends your share straight to the wallet that holds the coin. Nothing to claim, nothing to sign.
For starters
Starting a coin means picking five things. All of them are locked once the start fee lands, so buyers can trust them.
1%, 2%, 2.5% per trade. A higher tier fills the envelope faster but costs traders more. Locked.
Size 0.1 to 10 SOL and 5 to 100 shares. Small envelopes burst often, big ones burst rarely. More shares, more catchers. Locked.
$MIHAO, H shares, Both. Locked.
Boarding: 20 seats at one seat price (0.01 to 0.5 SOL), created the moment every seat is taken. Instant: live as soon as the start fee lands.
Optional. Your own tokens stay in the pot until the coin bonds. Your cat keeps waving on them.
The starter gets no share of the fees. What a starter gets is the same as any holder: a cat on their own tokens. Ticker, name and launch tweet are locked for 72 hours after launch.
A coin, on chain
Every coin goes through the same steps. All of them are public transactions from the coin's pot address.
- 01Start0.1 SOL
The starter pays the start fee to the coin's own pot address. For a boarding, each seat is a plain SOL payment to that same address. No token exists yet.
- 02Creation1 transaction
The pot creates the Raydium LaunchLab pool under the coin's own platform config and buys in the same transaction. That buy is block zero.
- 03Deliveryusually under a minute
The pot sends every seat its tokens (the same bag each) plus any refund. Instant coins skip this: the starter's buy lands in their wallet.
- 04Claimsevery 10 minutes
The pot claims the coin's platform and creator fees and sends Vibe Shift's share to the treasury in the same transaction. The rest fills the envelope.
- 05Burstwhen the envelope is full
Sealed with a published snapshot hash, drawn from a later block hash, then one Jupiter swap per pay coin and transfers to every catcher.
Boarding coins only exist on Vibe Shift until every seat is taken: the mint is kept on the server, so no terminal or sniper can see it. From creation on, they are standard LaunchLab pools and show up wherever LaunchLab does (Axiom, GMGN, DexScreener, Jupiter), usually labelled LaunchLab.
Reading it on terminals
Terminals flag devs who buy block zero and pass tokens around. On Vibe Shift the dev is the coin's pot, so the flags trip. Here is what they mean.
The coin's pot address. It is not a person. Vibe Shift's server holds its key, and it only creates the pool, buys, delivers, refunds, claims fees and pays envelopes.
A boarding's whole pot buying at once, every seat inside one buy at one price. On an instant coin it is the starter's opening buy.
Tokens waiting to be delivered to the seats. It drops once the delivery transactions land.
The delivery transactions, a few wallets per transaction, each linked on the coin page.
The passengers of a boarding. They paid the same price as each other. Linked wallets were turned away at the door.
The pot claiming fees into the coin's red envelope. Vibe Shift's share leaves for the treasury in the same transaction.
An envelope bursting: the pot buys $MIHAO or an H share token and sends it to the catchers.
A starter lock. Those tokens stay in the pot until the coin bonds, then go to the starter in one transfer.
Exact labels differ by terminal and change over time. The on chain pattern does not.
Check a burst yourself
- 01Open the envelope on the coin page
Every burst lists its snapshot of waving cats, the snapshot sha256, the seal and draw slots, the block hash and the seed.
- 02Hash the snapshot
Write each cat as wallet:weight on its own line, sorted by wallet. Its sha256 must match the hash published at the seal, before the block existed.
- 03Rebuild the seed
sha256 of the snapshot hash, a colon, and the block hash. That is the seed shown on the page.
- 04Rerun the draw
pickCatchers and splitEnvelope in the public rules file take the snapshot, the share count and the seed, and return the same catchers and the same shares.
- 05Match the transfers
Every share links to its transfer. The amounts are what the swap bought, split in proportion to the shares.
The same data comes back from /api/v1/coins/{id} under envelopes.
What still matters
- Memecoins can go to zero. Envelopes come from trading fees. They grow and shrink with volume and no amount is promised.
- Concentration. After delivery, look at the real wallets. Many small unlinked holders is healthy, a few large ones is not.
- Stock tokens. H share tokens are issued by third parties who can pause, freeze or claw them back. They are not the shares themselves.
- Lookalikes. Coins launched elsewhere with the same ticker are not Vibe Shift coins. Check the mint on the coin page.
Build on Vibe Shift
Everything on the board is public and free to read: coins, envelopes, every burst and its draw, fee claims and wallets. Bots and terminals can check a mint with one request to /api/v1/coins/mint/{mint}.