The one-line version
Leonida Pad launches GTA 6 coins that pay their holders and burn $LP on every trade, both from the same fee, locked. Each coin's creator fee is split on chain the moment the coin is created: 60% to the coin's holders (or to the launcher, their choice at launch), 30% buys and burns $LP, 10% to the pad. The split cannot be changed afterwards by anyone, including us.
Custom pairs and TTWO
Since October 2026 pump.fun lets a new coin be quoted in an asset other than SOL or USDC: another pump coin, $PUMP, wrapped assets, or tokenized stocks. These are called custom pairs. A custom pair coin's bonding curve holds the quote asset instead of SOL, and after graduation it trades on a PumpSwap pool against that same asset.
TTWO is Take-Two Interactive Software, the publisher that owns Rockstar Games, as a Token-2022 mint issued by Backpack Securities on Solana. It is on pump.fun's supported pair list. The coins already quoted in it include Dacity, Macca the Gator and the rest of the cluster you see on the board.
When someone buys a Leonida coin with SOL, pump.fun's router sells SOL for TTWO and then TTWO for the coin, inside one transaction. That is why every buy is a TTWO buy.
What a launch does
The launch page builds one transaction and your wallet signs it. The pad has no server key in the flow, holds no funds, and cannot launch anything on your behalf. The transaction contains:
- pump.fun create_v2 with your name, ticker and metadata URI, creator set to your wallet, is_holder_reward = false, creator_fee_bps set to your wanted level (100, 200 or 300), and the TTWO quote accounts as remaining accounts (quote_mint, associated_quote_bonding_curve, the Token-2022 program).
- pump.fun buy_v2 for your dev buy, if you set one. It spends TTWO from your wallet.
- pump fees create_fee_sharing_config, which creates the sharing-config account for your mint and moves the bonding curve's creator seat onto it. You are its admin. Two token accounts for the creator vault (curve side and pool side) are created in the same transaction so the split can pay out.
- pump fees update_fee_shares_v2 with three shareholders: your coin's holder pool (or your wallet, if you chose "me") at 6,000 bps, the burn desk at 3,000 bps, the pad wallet at 1,000 bps. The program allows this call exactly once per config and sets admin_revoked = true when it runs.
After the signature, your coin exists on pump.fun like any other, quoted in TTWO, and the board picks it up by reading its sharing config from the chain. There is no database of pad coins. A coin is a pad coin if, and only if, its sharing config holds the pad wallet at 1,000 bps with the admin revoked.
Why the coins are regular coins and not holder-reward coins
pump.fun also offers holder-reward coins, where the creator fee goes to holders and pump.fun records its own address as the creator. That creator can never be changed, so a holder-reward coin cannot take a sharing config. Most of the cluster coins are holder-reward coins. Pad coins are regular coins with a configured creator fee, which is what makes the split possible.
The split
| Share | Goes to | Basis points | Paid in |
|---|---|---|---|
| 60% | The coin's holder pool, paid out pro rata to holders every 15 minutes. Or the launcher's wallet, if they chose "me" at launch. | 6,000 | TTWO |
| 30% | The burn desk, which buys $LP with the TTWO and burns it | 3,000 | TTWO, then $LP burned |
| 10% | The pad wallet. This is the pad's revenue, said plainly. | 1,000 | TTWO |
The split is held by pump.fun's fee program in the sharing_config account of each coin, and paid by pump.fun's distribute_creator_fees_v2 instruction, which is permissionless: anyone can call it for any pad coin at any time, and it pays every shareholder by their basis points. The pad's keeper calls it every 15 minutes so launchers do not have to.
Because admin_revoked is set in the launch transaction, nobody can add, remove or re-weight shareholders later. Not the launcher, not the pad. You can read any coin's config on the verify page.
The full fee schedule
Your wanted level sets the creator fee. pump.fun charges its own fees on top, and they go to pump.fun, not to anyone on the pad. These are pump.fun's published numbers for custom pair coins on the date this page was written; pump.fun can change them.
| Where | Creator fee | pump.fun protocol fee | LP fee |
|---|---|---|---|
| Bonding curve | 1% / 2% / 3% (your wanted level) | 0.95% | 0% |
| PumpSwap pool after graduation | 1% / 2% / 3% (same) | 0.05% | 0.20% |
Trades made in the pump.fun app also carry pump.fun's platform fee. Trades through other interfaces do not. None of these reach the pad.
The keeper and the burn
A small service runs every 15 minutes. For every pad coin it finds on chain it does three things, each a public transaction you can open from the ledger:
- If the coin has graduated, it calls pump AMM transfer_creator_fees_to_pump_v2 so the pool side of the fees joins the creator vault. Permissionless.
- If the vault holds at least 0.01 TTWO, it calls pump.fun distribute_creator_fees_v2 with initialize_ata = true, which pays the three shareholders in TTWO and creates their TTWO token accounts if needed. Permissionless.
- On the burn desk, it spends every TTWO it holds on $LP (a buy on $LP's curve or PumpSwap pool, which is quoted in TTWO, so no middle swap) and burns the $LP it bought with the Token-2022 burn instruction.
What the chain enforces and what it does not. Steps 1 and 2 are enforced by pump.fun's programs: the amounts and recipients come from the on-chain config, and anyone can run them. Step 3 is a keeper action: the burn desk is a wallet the pad controls, and the buy-and-burn is a promise kept in public, one signature at a time, not a program rule. If the keeper stopped, payouts to launchers would only be delayed until someone called distribute, and the burn desk's TTWO would sit in its wallet until the keeper resumed.
$LP
$LP is the pad's own coin. It launches on pump.fun as a custom pair quoted in TTWO, as a regular coin with a 2.5% creator fee, from the pad's launch wallet. Its creator fee goes to that wallet, untouched by any pad mechanic; the pad's features are funded by the 10% share of child fees only.
What touches $LP: the 30% burn slice of every pad coin buys $LP with TTWO and burns it. That is the only mechanism. There is no staking, no rewards, no claim. Holding $LP gives nothing except a share of a supply that shrinks when Leonida coins trade. $LP is not a security, not an investment contract, and this page makes no claim about its price.
Addresses
Every account the pad touches. The pad wallet and the burn desk are filled before the first pad coin launches; until then no coin can be a pad coin.
Per coin: the bonding curve is the PDA ["bonding-curve", mint] under the pump.fun program, and the split is the PDA ["sharing-config", mint] under the pump fees program. The verify page derives both for any mint you paste.
Check it yourself
Three ways, from easiest to most thorough.
- The verify page. Paste a mint on /verify. Your browser derives the two PDAs, fetches them from a public Solana RPC and decodes the quote mint, the creator fee, the shareholders and the admin flag. Our server is not involved.
- Solscan. Open a pad coin's sharing config account. The three shareholders and their basis points are in the account data; pump.fun's IDL is on chain, so explorers decode it.
- The CLI. With the Solana CLI installed:
solana account <sharing-config-pda> --output json --url https://api.mainnet-beta.solana.com
Then compare the bytes against the SharingConfig layout in pump.fun's public IDL: after the 8-byte discriminator come bump, version, status, the mint, the admin, admin_revoked, then the shareholder list as (address, u16 bps) pairs.
Caveats
- The burn is a keeper, not a program. The 30% slice lands in a wallet the pad controls. Every buy and burn is published on the ledger, but it is not enforced by code.
- TTWO is a Token-2022 mint with a permanent delegate, a pause switch and a freeze authority held by its issuer. Fees are paid in a stock token that Backpack Securities can pause or freeze. Check the mint's extensions on Solscan before you rely on it.
- pump.fun can change its programs and fee schedules. The split lives in their fee program. If they change how it works, the pad changes with it.
- Nothing here is audited. The pad ships no program of its own; it composes pump.fun's. The site code and the keeper are the pad's and have not been audited.
- Custom pair liquidity is thinner than SOL. Routing SOL to TTWO to a coin goes through TTWO pools whose depth is smaller than SOL pools. Expect more slippage than on a SOL pair.
- This is a countdown project. It exists for the weeks before GTA 6 ships on November 19, 2026. If the pad shuts down, pad coins keep trading on pump.fun, their splits keep working (anyone can call distribute), and only the keeper's automatic payouts and the burn stop.
- Not affiliated. Leonida Pad is an independent project with no connection to Rockstar Games, Take-Two Interactive, Backpack or pump.fun. GTA, Grand Theft Auto and Leonida are their owners' marks.
FAQ
Do I need TTWO to launch?
Only for a dev buy. The launch itself costs SOL for rent and fees, about 0.02 to 0.03 SOL. If you set a dev buy, it is spent in TTWO from your wallet.
Where do my fees show up?
If you chose "me": in your wallet, as TTWO, every time distribute runs for your coin (the keeper does it every 15 minutes once the vault holds at least 0.01 TTWO). If you chose "holders": in your holders' wallets, pro rata, after each distribute. The ledger lists every payout with its signature.
How are holder rewards paid?
The 60% share lands in your coin's holder pool, a wallet derived for your mint. Every 15 minutes the keeper reads every token account of your coin, leaves out the bonding curve, the pool and the pad's own wallets, and pays the pool out in TTWO pro rata to everyone holding at least 0.1% of supply, up to the 200 largest holders, in batches of transfers. Each batch is a signature on the ledger. Dust under 0.001 TTWO waits for the next round.
Can I change the fee or the split later?
No. The creator fee is fixed at launch. The split is locked by pump.fun's program when the admin is revoked in the launch transaction.
Can the pad take my coin's fees?
No. The pad is one shareholder at 1,000 bps. The program pays every shareholder by basis points; there is no instruction that lets one shareholder take another's share.
Why is a cluster coin not a pad coin?
Because it was launched elsewhere, usually as a holder-reward coin, without the pad's sharing config. The board shows it because it is quoted in TTWO, which is the whole point of the cluster, but it has no split and no stars.
What happens on November 19?
The countdown hits zero and the game ships. The coins keep trading. What the pad does after that will be posted on X before the date.
Is this financial advice?
No. It is a description of code. Memecoins can go to zero and usually do.