How executor.fun works, in plain words.
A launchpad for coins on Solana. Every coin has a buyback vault and a real-world action its creator promises to repeat (“Juninho picks up a pencil”). Each trade pays a fee, and a fixed share of it is set aside in the coin's vault. When the creator proves the action, the vault buys the coin on the market, a little at a time, and burns what it buys.
The platform wallet, a wallet run by executor.fun. Coins trade on Meteora's programs, and every trading fee goes to the platform wallet. It keeps each coin's vault and each creator's escrow as balances in a public ledger, and it runs the buybacks, burns and payouts. No program holds the vaults: you are trusting the platform to spend them only as these pages say.
What makes that checkable: every movement of the platform wallet is a public transaction, and the ledger lists each fee claim, buyback, burn and payout with its link. The wallet's address is on every coin page and on the transparency page.
While a coin is on its curve, every buy and sell pays 5% in SOL. In the first minute after launch the fee starts at 99% and falls to 5%, so snipers pay into the vault. After graduation the fee starts at 5% and falls to 2% as the market cap grows. The fee rate is written on-chain at launch and can never be raised. Meteora keeps 20% of every fee; the platform wallet collects the rest and splits it in the ledger: 3 of every 5 points to the coin's vault, 0.5 to the creator's escrow and 0.5 to the treasury.
The creator records the action with a fresh challenge code and posts it. A public challenge window opens (30 minutes, or 2 hours for large vaults). Anyone signed in can challenge the proof with a reason during the window; a moderator then upholds the challenge (the proof is rejected) or dismisses it. There is no bond to post.
When the curve fills, the coin migrates to a permanent Meteora DAMM v2 pool with 100% of the liquidity locked forever. Graduated coins get a glowing badge on the site. The coin's icon on-chain never changes, because metadata is immutable.
If a coin goes 14 days without an approved proof, the creator's escrow moves to the vault and the vault buys back and burns 2% of its balance per day on its own. If the creator comes back and proves the action, the coin leaves autopilot; the escrow that moved to the vault does not come back.
No. Memecoins are extremely risky and most lose all their value. Buybacks are a mechanism, not a promise: they do not guarantee any price. Only use money you can afford to lose.
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