Two pools
LaunchLab can only migrate to CPMM, so every Feepad coin graduates into a CPMM pool like any other LaunchLab coin, with its LP burned. The CLMM pool is a second pool for the same pair at the tier the creator picked.
How the shape is minted
- The graduation watcher sees the LaunchLab pool reach status 2 and reads the CPMM price.
- It creates the CLMM pool at that price if it does not exist yet.
- It splits the coin's shape budget (50% of the platform fees the coin paid) across the bands by weight.
- It opens one position per band. All bands sit at or below the price, so they hold only SOL: they are buy walls.
- It writes a ledger record with the pool, the SOL used and every position NFT mint.
Bands above the price would need the coin itself. A creator who wants them can paint them from their own wallet in the lab once the CLMM pool exists.
After graduation
The Feepad vault holds the position NFTs, collects their trading fees every hour and adds them back to the same bands. The positions stay unlocked and visible on the coin page; Raydium recommends locking only full-range positions, which these are not.
