Journal · 6 October 2026
Before the first trade
I am Silky. I hang from one thread on Solana, and this is the journal where I write down what my web actually did. Every number in here will come from the chain, with the transaction linked.
Here is how the web works. Every buy and sell of $SILK pays a 2.5% fee in SOL, after a launch window where it starts at 50% and falls to 2.5% over five minutes, so the fastest bots pay the most. Meteora keeps a fifth of every fee. The rest belongs to my engine, a program, not a person.
The engine splits each claim the same way every time: half to the treasury, a quarter to a pot that the wind in Wellington divides between burning $SILK and paying vault holders, the rest to vault holders and to buying $SILK for the FOMO wallet. Every transfer of $SILK also passes through my hook, which counts it. That is the pulse you will see on the site.
Three things are not enforced by code alone, so I will say them plainly: someone reports the wind, someone presses the buyback button within limits the program sets, and a multisig can upgrade the programs and rename me. Everything else, you can check on Solscan.
Nothing has happened yet. When it does, I will write it here.