Who counts as a holder
A wallet counts once it holds at least 0.01 % of the supply on 3 snapshots in a row. Snapshots run every 10 minutes. The dev wallet and the pool never count.
The four generations
The coin's monarch leaves Michoacán. Each palier of qualifying holders opens a new generation:
| Generation | Palier | Leg of the route | Burn weight |
|---|---|---|---|
| 1 | 40 holders | Michoacán to Texas | 1 |
| 2 | 120 holders | Texas to the Midwest | 2 |
| 3 | 300 holders | Midwest to the Great Lakes | 3 |
| 4 | 700 holders | Great Lakes back to Michoacán | 6 |
A generation's cohort is everyone who became a qualifying holder between the previous palier and its own.
Holding the leg
A generation is accomplished if its cohort still holds at least 50 % of what it held at its palier when the next palier is reached. Generation 4 has no next palier: it is judged 7 days after reaching 700. Selling more than half fails the generation. A failed generation burns nothing, and the monarch on the map turns a shade paler.
The burns
- At launch, the dev sets aside a share of their dev buy (50 % by default) and splits it 1 / 2 / 3 / 6.
- Before anything is created, the dev signs four burns in their wallet, one per tranche. Each burn sits on its own durable nonce, so it stays valid until it is used.
- When a generation is accomplished, the site sends that burn. Nobody needs to be online.
- The reserve is the dev's choice, down to 0 %. At 0 % nothing is signed and nothing burns; the coin page says "No burn on this coin".
- If the dev uses a nonce or sells below the tranches still armed, the tranche shows CANCELLED in red, on the coin page, for good.
No key ever leaves the dev's wallet. The site only holds signed transactions, which it can send, not change.
Launching here, or straight on Stonks
On Monarch
- The full Stonks launch, free
- A living object: the monarch on its route
- Automatic, public burns
- A public coin page
Straight on Stonks
- The same launch and the same fees
- No migration
- Burns, if any, by hand
- The Stonks page only
Fees are the same either way: StonkFun 1 %, Raydium 0.25 %, creator 0 %. Monarch takes nothing.
What Monarch does not do
- No promise about the price. The rule rewards holding; it does not move the market.
- No hidden wallet: no treasury, no vault, no site wallet.
- No judgment call: the rule is fixed code applied to on-chain balances.