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FAQ

Do I need to buy on Float to get holder rewards?

No. Payouts go to whoever holds the coin at payout time, wherever they bought.

Why haven't I received a payout?

Usually one of these:

  • You don't have a token account for the coin's paired token yet, and you're owed less than $2. The bot creates the account once you're owed at least $2; until then your share rolls over.
  • You sold before the payout. What was still owed returned to the coin's holders.
  • The coin's fees haven't been cycled recently. Press Cycle fees on its page.
  • The paired token's issuer has paused it. Rewards stop during a pause.

Check with npm run float -- payouts --wallet <your-wallet>.

What token are rewards paid in?

Holder and creator rewards are paid in the coin's paired token. Trader airdrops are in USDC. The flagship share buys $FLOAT and burns it.

How often are holders paid?

The payout bot runs every few minutes.

Who can press "Cycle fees"? Do I get anything for it?

Anyone. The proceeds always go through the split, not to the caller.

How much does launching a coin cost?

A new ticker is free. Reusing an already launched ticker costs 1 SOL to the treasury, refunded if the coin graduates within 48 hours of launch. This applies to coins launched from Nov 4, 2026 at 10:01 PM CST.

Are $PEPE and $pepe different tickers?

No. Tickers are case-insensitive.

When are trader airdrops?

The first was on Nov 4, 2026 at 17:00 UTC (top 100 wallets by volume since launch). The second is on Nov 11, 2026 at 17:00 UTC (top 250 wallets by volume since the first snapshot). Later timing is announced on X.

Why was my wallet excluded from the airdrop?

Wallets with more than 300 trades in any hour, or more than 100 trades an hour in 5 or more different hours, are treated as bots. Wash-trading volume is excluded. Volume on newly added pairs only counts 7 days after the pair is added.

Does $FLOAT get a share of its own trading fees?

No. $FLOAT's own trading fees go to the Float dev wallet.

Why are XBTC / XHYPE buyback and airdrop shares stuck?

There is no Raydium pool from those tokens into SOL or USDC yet, so they can't be converted. They wait in the vaults until a route exists.

Is the Float program audited?

No. Its upgrade authority is held by the team's deployer key until it moves to a multisig. See Risks.

Is a coin paired with a tokenized stock a share of the company?

No. Coins are not shares, and Float is not affiliated with the companies behind the stocks.

Is this repository official?

No. It is a community project. The official docs are at https://www.floatlaunch.xyz/docs.