The idea
Imagine everyone locks.
Imagine the chart if nobody sold. Every platform in this market pays for the exit and charges for staying. IMAGINE turns that around, and pays the holders who stay in whatever their coin is paired with: a stock, SOL, USDC or anything else Raydium LaunchLab supports.
The only revenue a memecoin has
Strip away the chart and the group chat and a memecoin is a simple business. It has one product, a token, and one recurring revenue stream: the fees people pay to trade it.
Follow where that money usually goes. A slice to the launchpad, a slice to whoever launched the coin. None of it to the people whose holding is the reason there is a price at all. So the moment you buy, the only action that pays you is the exit. Everybody knows it, everybody sells, and the chart looks like that.
Paired with anything
Raydium LaunchLab launches coins paired with something: a tokenized stock like NVDAx, SPYx or TSLAx, a currency like USDC, or SOL. The pair is what the coin is priced in, and what every trade pays in.
That gives a holder something new to be paid in. If the fees from trading a coin are in NVDAx, the people who hold it can be paid NVDAx; if they are in SOL, SOL. That is the whole tagline: lock the meme, earn its pair.
What IMAGINE adds
An IMAGINE coin is an ordinary Raydium LaunchLab coin, launched under the IMAGINE platform, with one difference: it has a pool, and the coin's fees are paid into it. The creator opens the first lock, in public, before anyone else can join.
What flows into the pool, all in the pair asset:
- A 0.5% on-chain trading fee on every trade, anywhere. Raydium LaunchLab charges it and sends it to the coin's pool, whether the trade comes from Raydium, Jupiter or a bot.
- A 1.5% app fee on trades through imagine.fun, paid into the pool inside the same transaction as the trade. On imagine.fun, 2% of every trade reaches the pool.
- After graduation, the Raydium pool's fee share, and donations from anyone.
The pool splits what arrives one way for its whole life: 90% to the people who locked, 10% to the treasury. The creator earns nothing from fees — they earn only by locking, like everyone else.
Locking, and why the curve bends
To earn you lock for a term you choose, between four hours and a year. Your share of what arrives is your weight over the pool's total weight, and weight is amount times a multiplier that rises on a square root: four hours counts once, a week 1.41×, thirty days 1.86×, ninety days 2.49×, a year 4×. A serious share of supply adds up to half again.
The bend is deliberate. A short lock should be worth making; the last months of a long one should still be worth more than the first. Claiming never touches the lock, and the lock never blocks a claim.
Leaving early
You can always break a lock. Your unclaimed rewards go to the people who stayed, and a slice of your principal is burned, scaled by how much of the term you didn't serve. Selling is free. It just costs you the stream.
What the program cannot do
- There is no admin withdraw path. Rewards go to whoever earned them and locked coins go back to their owner.
- A pool's terms are frozen when it is created. Defaults can change for coins launched later; a pool that exists keeps its terms.
- Claims and unlocks can't be paused.
Program: imaguT3XXBk1MuKQA6XCk1KJsGM2YgfM1tA4pQQ3spa. The security page walks through each claim.
The honest version
None of this makes a bad coin good. A coin nobody trades pays nothing, and a locked bag in a coin going to zero is worse than an unlocked one. The pair asset moves on its own, too.
What IMAGINE changes is narrow: the person who stays is the person who gets paid, in something worth holding. Now imagine everyone locks.