frankcoin

What it is

frankcoin is a proof-of-work memecoin — the synthesis of what wins on Solana (a fixed supply, a fair launch, renounced control, a burn) wrapped around the one thing no other meme has: you mine it, from zero, on your own machine.

The tokenomics

• Fixed cap — 5,000,000,000 franks, ever. Mining halts at the cap; supply lands a hair under and never over. No dilution.
• Fair launch. No pre-mine, no team allocation, no presale. Every frank is mined.
• Renounced. No admin, no steward, no owner. The mint authority is a keyless PDA that dies at the cap; the upgrade authority is renounced at launch, so nothing can ever change.
• Deflationary. Anyone can burn franks, and the burn is counted on-chain.
• Buyable. Mined — but a Raydium pool at launch lets the 99% who will never mine simply buy in.

Where it stands

The retooled program is live and verified on Solana devnet. The audit is complete. Mainnet is the next step, and waits only on funding the launch wallet.

The launch, and the money

Launching costs about 3 SOL — almost none of it spent. ~2.6 SOL is a refundable rent deposit that locks the program's code on-chain; the instant the upgrade authority is renounced, that deposit becomes permanent — the price of immutability. The rest is a few cents of network fees.

The liquidity seeded into the pool stays the founder's as an LP position, but is exposed to the market the moment trading begins. Nobody profits from the launch; every transaction is signed by the founder alone.

The record