bagworks

How it works

Every number here comes from the same rules file the server runs on.

What bagworks is

A launchpad for pump.fun community coins. Every coin holds a wage pool of its own supply. Bagworkers post the coin's CA on X, submit the post, and get paid from the pool in the coin. Every verified post also pays the coin's holders all of its pump.fun creator fees.

Launching

You pick a name, ticker, image and the wage pool: 0.5% to 10% of supply in steps of 0.5%. You send one SOL payment to the coin's pot: the wage pool buy, the 0.1 SOL launch fee and about 0.03 SOL for rent and network fees. The pot then creates the coin on pump.fun in one transaction, as its creator, and buys the wage pool as the very first buy. If the launch fails three times, the pot sends everything back.

The pot

Every coin has its own pot, a wallet the bagworks server signs for. It is the coin's pump.fun creator, so the creator fees accrue to it, and it holds the wage pool. It never trades. It only pays bagworkers (when they claim) and holders (after verified posts). Every movement is on chain under memos starting with bagworks:.

Clocking in

Connect a wallet, sign a message naming your X handle (no transaction), then post the one time code it gives you from that X account and paste the link. From then on, verified posts from that account pay that wallet.

What counts as a post

A post on X that contains the coin's full CA, from a clocked in account with at least 10 followers that is at least 14 days old, submitted within 24 hours of posting and after the coin launched. Raids, quotes and replies count. Each post counts once. Limits per X account: 3 paid posts per coin per 24 hours, 20 minutes apart, 15 across all coins per 24 hours. Posts are read through FxTwitter's public API.

Pay per post

Each verified post pays what is left in the wage pool divided by 400. The first post pays the most and every post after pays a little less, so the pool lasts. Pay is added to your balance at once; claim it on the Work page whenever you like (you pay the network fee).

Holder payouts

Every verified post triggers a payout: the pot collects the coin's pump.fun creator fees (from the bonding curve and, after graduation, from PumpSwap) and splits all of them across holders by balance, in SOL. The pad takes nothing. If less than 0.02 SOL is waiting it rolls into the payout after the next post. Shares smaller than 0.00002 SOL roll over too. Network fees come out of the payout. Program accounts (the curve, the PumpSwap pool, lockers) and the pot are not paid; wallets are.

What the pad earns

The 0.1 SOL launch fee. Nothing else: no cut of trading fees, no cut of the wage pool.

Risks

Memecoins are speculative and most go to zero. The wage pool pays in the coin itself, so its value moves with the coin. X can change what is public, which can pause post checks. Nothing here is a promise of profit.

A 3% wage pool over time

After postsPool leftNext post pays
0100.0%75,000 tokens
5088.2%66,177 tokens
10077.8%58,392 tokens
20060.6%45,461 tokens
40036.7%27,556 tokens
80013.5%10,125 tokens