Every rule, in plain words.Every rule,
in plain words.

A contract address cannot move from one launchpad to another. A refloat moves a coin the only way that works: holders sell the old coin together, and the money buys the new coin on Float together, in one bundle.

The new coin has its own mint on Float. Its holders are the people who pledged or boarded, in proportion to what they put in.

Only the wallet stored as the creator of the old coin. On pump.fun that is the creator field on the coin's curve; for coins that share fees, it is the admin of the fee-sharing config. On StonkFun it is the creator stored on the coin's LaunchLab pool. StonkFun coins can be refloated when they are paired with SOL and take no fee on transfers.

The creator signs one message that names the old coin, the new name and ticker, the pair, the fee tier, the threshold, the deadline and what happens if the gap stays open. Opening takes a snapshot of every holder's balance.

A pledge is one transaction that moves your old coins into this refloat's escrow. It is capped at your balance in the snapshot. Nothing is sold when you pledge.

Until the threshold is met you can withdraw: sign a message (free, no transaction) and the server sends your coins back. Once the threshold is met, pledges and withdrawals close, because the bundle may fire at any moment.

Coins on pump.fun and StonkFun start near $5K; coins on Float start near $20K. A higher start means a deeper curve, so the same market cap needs roughly twice the liquidity the old pool held. Selling pledged coins covers part of it. The rest is the gap.

Anyone can board a refloat by depositing SOL into its escrow. Boarding SOL buys the new coin in the same bundle, at the same price as the sale. The creator can top up the same way. The refloat fires only when the threshold is met and the gap is closed, or at the deadline according to the rule the creator signed.

The server builds one Jito bundle: sell every pledged coin in its own venue (pump.fun's curve or PumpSwap; for StonkFun, its LaunchLab curve or CPMM pool through Jupiter) with a minimum out; add boarding and creator SOL; take the 1% fee; launch the coin through Float's program; make the first buy with everything left. The new mint stays secret until it lands.

If the first buy fills Float's curve, the rest buys in the Raydium pool right after it graduates. That buy cannot share the bundle, so it is built ahead, fired at once and held to a price floor.

Your share is the value you put in (old coins at what they sold for, SOL at face value) over everyone's, times the coins the first buy bought. You claim with one small transaction and pay the rent for your own token account, about 0.0025 SOL. There is no vesting.

If the deadline passes and the refloat cannot fire, every pledge and every deposit goes back to the wallet it came from. Nothing is sold, and the old coin is untouched.

Two kinds of transaction, both small and plain, built so wallets can simulate them and show no warning:

No approvals, no delegations, no lookup tables, no unknown programs. Everything else (selling, launching, buying, refunds) is signed by the server and never opens your wallet.

1% of the liquidity a refloat moves, taken in the bundle. On Float, each refloated coin names us as its fee receiver; Float pays that receiver 5% of its own fee, part of which goes on to the coin's creator. Holders of the new coin also get Float's 15% holder share directly from Float.

Escrows are server-held wallets, one per refloat. That is custody. Their addresses and balances are public, and coins can leave them only by execution, withdrawal, refund or claim.

The old coin falls for everyone who does not pledge, because its liquidity moves. Estimates become final only when the bundle lands. Float's program is run by Float, not by us; stock tokens can be paused by their issuers. Nothing here is financial advice.