How it works
Ants find the shortest path to food without a map: each one lays pheromone where it walks, pheromone evaporates, and the paths walked most stay bright. Trails applies the same rule to holders. No AI, no ranking by hand: a fixed formula, recomputed every hour.
The trail between two coins
Each hour, for every pair of coins launched on Trails:
τ ← τ × 0.9^(1/24) + Σ min(share in coin A, share in coin B)
- The sum runs over eligible wallets: at least 0.05% of each coin on each of the last 7 hourly snapshots. The share used is the smallest over those 7.
- Pool vaults, burn addresses, and the coin's creator never count.
- 0.9 per 24 hours means a trail nobody walks loses 10% a day. A missing snapshot adds nothing.
Three levels, one burn each
| Level | τ reached | Tranches per coin | Weight |
|---|---|---|---|
| Path | 72 | 6 | 1 |
| Trail | 288 | 6 | 2 |
| Highway | 864 | 6 | 3 |
The first time a trail touching a coin crosses a level, that coin burns one tranche of that level. Each coin can prime up to 6 trails. A Highway tranche is three times a Path tranche: 6 × 1 + 6 × 2 + 6 × 3 = 36 units for the whole reserved share.
The dev bag plan
- At launch, the dev chooses which share of the dev buy goes to the trails (50% by default).
- The studio splits it into 18 burn transactions. The dev signs all of them in their wallet, each with its own durable nonce, so they stay valid with no expiry.
- Trails keeps the signed transactions and submits one when its level is reached. Trails never holds a key, a token or a lamport.
- If the dev sells below the reserved share or uses a nonce, the tranche cannot burn anymore. It turns CANCELLED on the coin page, with the reason.
Launching
- A full StonkFun launch on Raydium LaunchLab, with any of the 23 StonkFun pairs. The launcher is the creator and signs the creation and the dev buy in one transaction.
- Fees: 1% StonkFun and 0.25% Raydium on trades. Trails takes 0%. Creator fee 0%. No launch fee.
What a trail is not
A trail measures shared holding over time. It says nothing about price, and a burn is a reduction of the dev's own bag, not a promise about the market.