Mass
Every few minutes Nova reads every holder of the coin, grouped by owner.
mass = tokens held − dev − declared bundle − programs
⁄ 10% of supply
Programs means any account owned by a program rather than a person: the bonding curve, pools, locks. 1.0 means the community holds 10% of supply; 1.4 means 14%. Selling lowers the mass. A level only counts once it holds for two readings in a row.
Burns
Before launch the dev picks a share of their dev buy to give the star (50% by default). It is split into three tranches, weights 1, 2 and 7:
| Tranche | At mass | Weight | Of the reserved share |
|---|---|---|---|
| Nova I | 0.5 | 1 | 10% |
| Nova II | 1.0 | 2 | 20% |
| Supernova | 1.4 | 7 | 70% |
Each tranche shows one of three states: armed, burned, or cancelled. The supernova happens once per coin.
Pre-signed, not held
Each tranche is a burn signed in the dev's own wallet before launch, with its own durable nonce, so the signature stays valid until it is used. Nova keeps the signed burn and sends it when the moment comes. The tokens never leave the dev's wallet before that.
If the dev sells below what the tranches need, or spends a nonce, the tranche can no longer go out. It turns cancelled, in red, on the coin page, permanently.
- No treasury
- No vault
- No site wallet
- No site fee
- No key held for anyone
- No AI in the mechanism
Block 0 bundle
Optional. Up to 4 wallets buy in the same block as the launch: five transactions in one Jito bundle, with the tip in the last one. Either all of them land or none do. Each buyer signs in advance with their own nonce and their own price tolerance.
The bundle is public: every bundle wallet is listed on the coin page, with its expected share of supply, and none of them count toward the mass.
The nebula
At the supernova the coin's shape is computed once from its own history and frozen: lobes from the dips on the way up, filaments from the holder count, the hue from how long it took (blue if fast, red if slow). It is dated and kept in the museum.
Fees
The launch on Nova is free. Stonks takes 1% per trade for StonkFun and 0.25% for Raydium. Nova takes 0%. The rent of each nonce account goes back to the dev when it is closed.
Questions
What happens at 1.4?
The supernova: the largest pre-signed tranche, 7 of 10 parts of what the dev reserved, is sent and those tokens are destroyed. Once per coin. Then the nebula is frozen and dated.
Does Nova hold any funds or keys?
No. Every burn comes from the dev's own wallet, signed in advance in their browser. Nova only submits a tranche when its moment comes.
Can the dev back out?
Yes, and everyone sees it: the tranche turns cancelled in red, permanently.
Why launch on Nova and not straight on Stonks?
The full launch is free, block 0 is yours, burns go out on their own and every coin gets a live object and a public page.
Is a burn a promise about price?
No. A burn reduces supply by a known percentage. Nothing on Nova predicts or promises where a price goes.