Creators stake SOL to mint. If they stop building, holders fire them on-chain and split the stake.
Six patterns. Every one of them ran on someone in your timeline this month. Every other launchpad lets them keep running. Gavel was built to make each one cost the creator their stake.
“Launched on Friday with a 6-figure marketing push. Telegram dead by Tuesday. By Wednesday you were the only one still posting charts.”
“Day three: 'we are now an AI agent.' Day five: 'we are pivoting to a meme.' Day seven: nothing.”
“You held 8% of supply. They never replied. They never built. The chart did the talking.”
“The dev quietly renamed the token, transferred the LP, and the next morning their handle was gone.”
“They cycled into the LP, drained the curve, and dumped on the way out. The 'graduation' was the rug.”
“A roadmap of moonshots. A whitepaper full of quotes. Zero shipping. The stake walked away unscathed.”
The numbers below are illustrative — the program is pre-deployment. But every transition, every account write, every state change is an instruction in the on-chain code that ships in the engine repo today.
Stakes 50 SOL on the Gold tier and signs the launch transaction. Mint and freeze authorities transfer to a governance PDA in the same transaction. The creator wallet never holds them again.
Buyers come through the bonding curve. Each buy writes a HolderPosition account that timestamps the purchase. Time-weighted vote power starts accruing the moment the first holder buys.
Goes silent. No tweets, no Telegram, no commits to the GitHub. Holders start asking questions in the chat. The dev fee timelock (30 days) means there is no immediate cashout from ghosting.
Holds 0.7% of supply, has held for 9 days. Posts a FireDev proposal with a 0.05 SOL bond. The proposal opens a 48-hour voting window.
Vote. Each voter's weight is balance × min(holding seconds, 90 days). New buyers from yesterday have near-zero weight. Long holders carry the vote.
Calls execute_proposal. Quorum hit (72% > 20% threshold), majority hit (98% yes). Stake (locked + unvested) plus accrued fees move into the claim pool atomically. The dev pubkey on the launch is marked fired.
Calls claim_distribution. Their share equals pool × their balance / total voted supply. The proposer also reclaims their bond — they were right.
For launchers, traders, and anyone tired of getting answers like “trust the team.” We tell you exactly where the money goes and exactly when the program forces it back.
Gavel is an on-chain shareholder-governance launchpad on Solana. Every token launch requires the creator to post a tiered SOL stake, transfers mint and freeze authorities to a governance PDA, and lets holders vote with time-weighted power to remove the creator and reclaim the stake if the launch goes silent.
There are four tiers. Bronze is 1 SOL, Silver 10 SOL, Gold 50 SOL, Diamond 200 SOL. The stake is split into a 30% locked portion and a 70% portion that vests linearly over 90 days. There is a small flat launch fee on top, and the platform takes a sliver of every swap.
Every buy and sell on the bonding curve splits a fee between the platform treasury and the creator. The creator's share scales with their tier — 0.50% on Bronze up to 1.20% on Diamond. Accrued fees lock for 30 days from launch to make ghost-then-cashout uneconomical.
Plain one-token-one-vote breaks on a launchpad. A whale can buy a supermajority right before a fire vote, drain the stake, and dump. Time-weighted voting — balance × min(holding seconds, 90 days) — makes governance influence a function of how long you've held, so fresh-in wallets have near-zero weight.
No. A wallet that just bought has zero holding seconds and therefore zero weight. They would have to hold for meaningful time before influencing a proposal. Combined with a 20% supply-participation quorum requirement, drive-by fires are off the table.
The remaining stake (the locked portion plus any unvested vesting) and any accrued creator fees move into a claim pool PDA. Each voter who participated in the fire vote can call claim_distribution to withdraw their prorata share, weighted by raw token balance at vote time.
Two things. First, tier is public — Bronze launches show a Bronze badge across the platform, signalling low commitment. Second, the dev fee timelock means there is no immediate cashout from ghosting. By the time fees would unlock, holders have had ample time to post and pass a fire vote.
No. Holders trade through the web app — buy, sell, propose, vote, claim — without touching the SDK. Developers can integrate against the TypeScript SDK or call the program directly through the Anchor IDL. The Rust CLI is available for inspection and ops.
Not yet. The codebase is open source and a TVL cap is enforced per-launch during the beta period to limit blast radius. Audit is the next milestone before the cap is lifted. The repo at github.com/Gavelpump/GAVEL is available for community review now.
No. Mint and freeze authorities transfer to a governance PDA at launch and the creator wallet never holds them again. The only way to change creator-related state on a launch is through a passing ReplaceDev proposal voted by holders.