Owner's manual
The glovebox booklet
how the lot works, in the dealer's own words. read it before you buy a car, and keep it in the glovebox.
$1,000,000
LAMBO, on the odometer
What lmbo is
lmbo.fun is a launchpad on Solana dressed as a used-car lot. every token is a car. you consign it, it gets a window sticker, a dealer plate and a paper key tag, and it goes on the lot with its own odometer.
the odometer counts the car's lifetime trading volume in dollars. it passes a mile at set marks, and at each mile the dealer pays the car's owners in the car's own quote. a car quoted in JUP pays its owners in JUP.
the dealer is a person. the site reads volume, prices and miles on its own, and it moves no money by itself: every claim and every payout is a button the dealer presses after reading a preview, and every payout goes in the service records with a csv.
- the Lot
- every car, with its odometer and its mile
- window sticker
- a car's page: specs, mileage, price, the service book, the owners
- owners
- the wallets holding the car
- the dealer
- the admin who claims fees and pays owners
- VIN
- the car's mint address
- off the lot
- graduated: the curve is full and the car trades in a Meteora DAMM v2 pool
The quotes
the quote is what a car trades against. every trade of the car is priced in it, its fees are collected in it, and its owners are paid in it. there are six crypto quotes and the tokenized stocks.
- crypto: SOL, USDC, USD1, MET, JUP and CARDS.
- stocks: the xStocks, one per company, such as AAPLx or TSLAx. a stock also needs its Meteora token badge before a car can quote in it.
the dealer puts a quote on the lot by giving it its own bonding-curve config, made in advance. a quote without one reads not on the lot yet and cannot be picked when you consign. the board below reads the lot as it stands now.
reading the quote board
The odometer and the miles
each car's odometer adds up the dollar value of every trade on its pool, on the bonding curve and after it leaves the lot. a trade is valued in the quote at the price of that minute. the odometer only counts; it never signs anything.
the odometer passes these miles. LAMBO is the meme word for $1,000,000 of volume and nothing more. past LAMBO the car runs laps: one lap for every extra $1,000,000.
| mile | on the odometer | the car on the lot |
|---|---|---|
| MILE 1 | $5,000 | hatchback |
| MILE 2 | $10,000 | hatchback |
| MILE 3 | $25,000 | sedan |
| MILE 4 | $50,000 | sedan |
| MILE 5 | $100,000 | pickup |
| MILE 6 | $250,000 | pickup |
| MILE 7 | $500,000 | muscle coupe |
| LAMBO | $1,000,000 | wedge coupe |
these are the default miles. the dealer can change the table; this page reads the one the lot runs on.
Service stamps: how payouts work
when a car passes a mile, it is due for service. the dealer then:
- claims the lot's share of the car's trading fees from its pool. the claim is recorded from the confirmed transaction.
- takes a snapshot of every owner at one moment, and hashes it. pool vaults, the burn address, off-curve accounts and the lot's own wallet are left out; the creator's wallet is left out unless the dealer includes it.
- splits the payout in the car's quote, proportional to what you hold at the snapshot. the dealer sets the amount, a minimum hold and a minimum payout. the shares add up to the amount exactly, with integer math. (the desk can also split equally between owners above the minimum hold; every record names its split.)
- sends it after reading the preview, in small batches, each one signed and confirmed on chain.
- stamps the service book. the payout goes in the service records with its snapshot hash, every owner's line, every signature and a csv.
below the minimum payout, your share is not sent: it carries to your next payout in the same quote, and is added to it then. a payout that stops part way is stamped PARTIAL; the dealer can retry the lines that failed, and a line that was paid is never paid twice.
the dealer decides each payout. how much goes out, and whether a mile is paid at all, is the dealer's call, made in public. nothing here promises an amount or a date.
The fee split
every trade on a car's pool pays a trading fee in the quote. each quote's config fixes the creator's share of that fee; the rest, after Meteora's own protocol fee, is the lot's share. the dealer claims the lot's share and pays owners out of it at each mile.
the creator's share, read from each quote's config on chain:
reading the configs
a quote shows "–" until its config has been read. nothing on this page is a hardcoded split.
Consigning a car
- the car: a photo, a name and a ticker. the ticker goes on the dealer plate.
- the quote: any quote that is on the lot. owners get paid in it.
- the papers: an X link and a Telegram link, if the car has them.
- first buy: your own buy in the same signature, paid in the quote from your wallet. skip it and the car still goes on the lot.
- sign: one signature mints the token and seeds its bonding curve. the network cost is about 0.02 SOL.
Creator fees
the creator's share of trading fees stays in the car's pool until you claim it. claim it any time from Payouts: one slip per car, paid in the car's quote, straight to your wallet. your cars hang on the key board in My keys.
The Buyers Guide
AS IS. NO DEALER WARRANTY.
Tokens move. At each mile the dealer claims the fee share, pays owners by hand and stamps it in the service records. Nothing on this lot is financial advice.
- nothing on this site is financial advice. do your own reading.
- tokens can go to zero. a car can lose all of its value.
- payouts are decided by the dealer and are not guaranteed: not the amount, not the date, not that a mile is paid at all.
- anyone can consign a car. the lot does not vet what is on it.
- a payout lands in your wallet in the car's quote; its value moves with that quote.
- smart contracts and networks fail. Solana, Meteora and Jupiter are third parties.