Lunch BreakDocs

FAQ

Short answers to the questions the design provokes.

Why can't I trade right now?

Because the exchange your coin keeps the hours of is closed. The page shows the countdown to the next bell. Weekends, public holidays and the lunch break in Hong Kong and Tokyo all close a market.

Isn't a market that closes worse than one that doesn't?

That is the argument, and we think it is backwards. The shares behind a tokenized stock trade for about six and a half hours a day. Outside those hours there is no last sale and nothing to arbitrage against, so a round-the-clock price is a number no market produced. Matching the hours of the asset you are priced against is the honest version.

Why do I need the stock before I can buy?

Because the coin is denominated in it. The curve holds that asset, pays out in that asset, and counts fees in it. Acquire some first, from wherever you normally would.

What happens to my coins overnight?

Nothing. They sit in your wallet. Nobody can freeze them, and the program has no claim on them. You simply cannot sell until the exchange opens.

Can the team turn off a market?

No. There is no pause instruction. The only thing the protocol authority can do to a calendar is add a closure at least thirty days ahead, and only so many days a year.

What stops a bot buying everything at the open?

A 98 percent tax on buying at the instant of the bell, falling to nothing over thirty seconds. It applies at every open, including the one after lunch, and at the moment a coin is created.

Who is exempt from that tax?

The creator and the wallets named when the coin was created. The list is fixed at creation and shown on the coin's page.

What happens when the curve sells out?

The coin graduates in that same transaction. The raise and the two hundred million coins held back become a pool the program runs, at the price the curve closed at. The pool keeps the same hours, and there is no instruction that takes the liquidity back out.

Can someone make their own pool without the hours rule?

Yes, and nothing on chain can prevent it. This site never routes to one, and the liquidity locked at graduation is only ever in the pool this program runs.

Is there an indexer or a backend?

No. A coin's entire state is one account, so the board is a single request to an RPC node and a coin page is one account read. The site is static files and your wallet.

Which network is this on?

Solana. The program address and the current cluster are shown in the site's footer and on every coin page, and every address links through to an explorer.