$PAD
Padcore earns in two ways: a fee when someone creates a launchpad, and a share of the trading fees from tokens that other people launch on those launchpads. 100% of what reaches Padcore is spent buying $PAD on the open market and burning it. The other half of every trading fee never reaches us — it belongs to whoever created that launchpad.
2QChDZRA76jXfmMt6t1GC6SjsmUkpiD6jzimy4jHKPAD
Solscan
Half is never ours to begin with
Tokens on Padcore are created by third parties, on launchpads created by other third parties. Every trade pays a fee, and that fee is split before it reaches anyone: half goes to the person who created the launchpad, half reaches the platform. All of the platform's half is burned.
How a burn actually happens
Nothing here is discretionary, and nothing is taken from anyone's share. Three steps, all ordinary transactions you can look up yourself.
Only our share arrives
The launchpad owner's half is paid straight to their wallet and never touches this account. What lands here is the creation fee plus the platform's half.
A bot buys on the open market
No treasury allocation, no minted tokens, no private deal. The buy competes for the same liquidity as anyone else's.
It goes somewhere unreachable
The $PAD is sent to an address with no private key, and every swap and transfer leaves a public signature.
One direction only
Supply is fixed at 1,000,000,000 with the mint authority revoked, so the only movement possible is downward. Each step below is one burn.
The burn ledger
Every execution, with its signature. If it is not in this list with a hash next to it, it did not happen.
What $PAD is not
We would rather be blunt here than let anyone assume something we never said.
Not a share
It carries no ownership, equity or claim on the company or its assets.
Not a claim on revenue
Burning is a use of revenue, not a distribution of it. No holder receives fees, profit or proceeds.
Not a yield product
There is no staking, no interest, no return promised, offered or implied.
Not a promise about price
Reducing supply is a mechanism, not a forecast. The token may be worth nothing.
Not governance
Holding it grants no vote and no control over the platform or its parameters.
$PAD is not offered as an investment. It is a freely tradable token with no rights attached. Buying it is not a subscription, a deposit, a loan or an investment contract, and nothing on this page is an offer or solicitation to buy or sell any security or financial instrument in any jurisdiction.
The revenue burned is Padcore's own. It comes from fees the platform earns on activity created by independent third parties. The launchpad owner's half of every trading fee is theirs, is paid directly to them, and is never available to Padcore for any purpose.
Burning is a use of revenue, not a distribution of it. Fees are spent on the open market like any other buyer would spend them. No holder receives fees, dividends, profit or proceeds, and no one is entitled to any payment because they hold $PAD.
No promise is made about value. Reducing supply is a mechanism, not a forecast. The token may lose all of its value. Do not commit funds you cannot afford to lose entirely.
Nothing here is financial, legal or tax advice. Availability may be restricted in your jurisdiction and it is your responsibility to check. Your use of Padcore is governed by our Terms of Service.
The parts people ask about
Who runs the buyback bot?
It is a public process: the fees accrue to an on-chain account and the swap and transfer are ordinary transactions anyone can inspect. We publish every signature in the ledger above.
What happens if it fails?
Nothing is lost. Fees stay in the account until the next successful run. Failed attempts are visible on-chain like any other transaction.
Can the supply ever increase?
No. The supply is fixed at 1,000,000,000 and the mint authority is revoked. There is no function to create more.
Does holding $PAD entitle me to anything?
No. It carries no claim on revenue, profit, assets or governance. See the section below.