The automation sequence is designed to preserve the auction allocation before funds are released.
EXECUTION NOT ENABLED
Specification
Close the auction
Freeze the accepted bids after 24 hours. Verify the clearing result and keep every refund reserved.
2% on settlement.
The platform fee is deducted from successfully settled winning payments after verified delivery. Refunds carry no platform fee. All fee revenue is intended for future CIPHER purchases and burns; this mechanism is not active.
Pump does not reserve tokens for this auction automatically. The launch must acquire the promised inventory from its curve. The remaining supply follows Pump’s curve and liquidity rules. Inventory costs, the platform fee and recovery reserves reduce the SOL available to the project.
Export the exact token identity, auction terms and outstanding release requirements. This file is a draft specification; it cannot create a token or move funds.