Overview
A DBC launch is configured via a PoolConfig account (the “config key”). The config is created once and can be used to launch many virtual pools from it. All parameters that determine how the launch behaves are set here.
Token Configuration
| Parameter | Description |
|---|
token_decimal | Base token decimals (1–9) |
token_type | SplToken (0) or Token2022 (1) |
token_update_authority | Whether the creator retains update authority post-migration |
fixed_token_supply_flag | 0 = dynamic (mint on buy), 1 = fixed (pre-minted) |
pre_migration_token_supply | Only for fixed supply — total initial supply |
post_migration_token_supply | Tokens remaining after migration (for LP + locked) |
leftover_receiver | Address to receive leftover tokens (fixed supply only) |
Fee Configuration
Trading Fees
Fees are collected in the quote token (quote_token mode) or the output token (output_token mode):
collect_fee_mode | Value | Description |
|---|
QuoteToken | 0 | Fees always in quote token (SOL/USDC) |
OutputToken | 1 | Fees in whichever token is received by the trader |
DBC’s collect_fee_mode has different values from DAMM v2. DBC: 0 = QuoteToken, 1 = OutputToken. DAMM v2: 0 = BothToken, 1 = OnlyB, 2 = Compounding.
Fee Split
Trading Fee
├── Protocol Fee (fixed by program)
├── Partner Fee (configured by partner/launchpad)
└── Creator Fee (creator_trading_fee_percentage %)
| Parameter | Description |
|---|
creator_trading_fee_percentage | Percent of LP fee that goes to creator (0–100) |
Migration Configuration
Migration Target
migration_option | Value | Target |
|---|
MeteoraDamm | 0 | Migrate to DAMM v1 |
DammV2 | 1 | Migrate to DAMM v2 |
Migration Thresholds
| Parameter | Description |
|---|
migration_quote_threshold | Quote reserve level that triggers migration |
migration_base_threshold | Base tokens to add to the migrated pool |
migration_sqrt_price | Initial price of the post-migration DAMM pool |
Migration Fee
A one-time fee is deducted at migration. Options:
MigrationFeeOption | Fee |
|---|
FixedBps25 | 0.25% |
FixedBps30 | 0.30% |
FixedBps100 | 1.00% |
FixedBps200 | 2.00% |
FixedBps400 | 4.00% |
FixedBps600 | 6.00% |
Customizable | Custom (set with a separate config for DAMM v2 migration) |
Split between:
migration_fee_percentage → protocol
creator_migration_fee_percentage → creator
LP Distribution
After migration, the post-migration liquidity is distributed across:
| Bucket | Parameter | Description |
|---|
| Partner LP | partner_liquidity_percentage | % of LP going to the partner/launchpad |
| Creator LP | creator_liquidity_percentage | % of LP going to the creator |
Additionally, a portion of each allocation can be permanently locked:
| Parameter | Description |
|---|
partner_permanent_locked_liquidity_percentage | % of partner LP locked forever |
creator_permanent_locked_liquidity_percentage | % of creator LP locked forever |
Vesting
The remaining (non-permanently-locked) LP can vest on a schedule:
Partner Vesting
Creator Vesting
partner_liquidity_vesting_info:
cliff_duration_from_migration_time: 0 // immediate cliff
frequency: 86400 // daily releases
number_of_period: 365 // over 1 year
cliff_unlock_amount: <amount>
amount_per_period: <amount>
creator_liquidity_vesting_info:
cliff_duration_from_migration_time: 2592000 // 30 days cliff
frequency: 604800 // weekly releases
number_of_period: 52 // over 1 year
cliff_unlock_amount: <amount>
amount_per_period: <amount>
Post-Migration Pool Settings (DAMM v2)
When migrating to DAMM v2, additional parameters control the post-migration pool:
| Parameter | Description |
|---|
migrated_collect_fee_mode | Collect fee mode for the DAMM v2 pool |
migrated_dynamic_fee | Whether dynamic fee is enabled on DAMM v2 pool |
migrated_pool_fee_bps | Base fee for the DAMM v2 pool |
migrated_pool_base_fee_mode | Base fee mode for DAMM v2 pool |
migrated_pool_base_fee_bytes | Encoded base fee params for the DAMM v2 pool |
Activation Type
activation_type | Value | Description |
|---|
Slot | 0 | Pool opens at a specific slot |
Timestamp | 1 | Pool opens at a specific timestamp |
Setting activation_point to a future slot/timestamp delays all trading until that point.
Pool Creation Fee
| Parameter | Description |
|---|
pool_creation_fee | Lamports charged to create a virtual pool from this config |
This is collected from the pool creator at creation time and distributable via claimCreatorTradingFee.