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Stocklana · DBC bounty

If I buy into this launch now and it never graduates, what do I get back?

A tokenized-stock launch on Meteora DBC is priced on the way in. Nobody prints the way out. These four figures come straight from the pool's on-chain state, and a Wallie agent pays a cent a piece to keep them fresh, within an allowance it cannot exceed.

Your position, right now

Four numbers the launch page never shows.

You bought 10,000 USDC of ACMEx at minute one. Drag the slider to move through the two-day book build and watch what your exit is worth.

exit value now
—
fee to leave
—
shortfall to graduation
—
unlocks after graduation
—

The bonding curve

The curve, and where you stand on it.

The book fills over two days. Your exit value climbs with the raise, the flip-window fee decays, and the moment the raise is met the curve closes and your position waits for the DAMM v2 listing.

exit value now (USDC)raise progresssell fee (bps)what you paid

Issuer toolkit

How the launch was written.

An issuer describes the deal in stock terms. The toolkit turns it into the exact DBC config the program accepts. Nothing here is a memecoin knob.

IPO termvalueDBC field

Recorded surfnet run

The agent watching the real pool.

A Wallie agent with a $0.50 allowance polled a real DBC pool launched from this config on a mainnet fork, while another wallet bought in between polls. Every poll opened a $0.10 x402 channel, was charged $0.01, and got $0.09 back.

Working on mainnet today

The same reader, on real pools.

The reader is not fork-only. From a fresh clone on 2026-09-20 it priced two live pools of the real DBC program on Solana mainnet-beta, read-only, with no key and no funds. Neither pool is ours; both came out of sample --network solana.

$ node dist/src/cli.js report JEK34huFirCquM1UryNcE8DBdBEX1BGa9LtdZu1NhT5s --network solana
phase              trading
price now          2.116e-8 SOL/TOKEN  (graduates at 5.000e-7)
raised             0.096 SOL of 85 SOL  (0.1%)
shortfall          84.9 SOL  = 1 reference buys
position           0 TOKEN  marked 0 SOL
exit value now     no position
sell fee now       400 bps  (rests at 400 bps)
locked supply      0 TOKEN  = 0.0% of post-graduation supply

Same command on JEKDS3m…, a pool that already graduated: phase migrated, 200 SOL of 200 SOL raised, shortfall 0, sell fee 25 bps.

Full --json output of both reports is pinned at docs/mainnet-report-2026-09-20.json and checked by an offline test. What is still fork-only: the ACMEx launch itself. A mainnet launch mints a real token with no equity behind it, so it stays behind --i-mean-mainnet.

Watch it

Ninety seconds, start to finish.

The exit question, the four figures, the issuer mapping, the recorded agent run, and the reader on mainnet. Captions and a transcript are included.

Same rule, two costumes

Why this is the same idea told twice.

An IPO has a rule a memecoin does not: if the book does not fill, the money comes back. Wallie's payment channel has the same rule: reserve a ceiling, settle only what was used, refund the rest. The report tells a holder their downside before they commit. The channel gives the agent its downside before it pays.

Nothing on this page is investment advice. A DBC-launched mint has no equity backing by itself; a real issuer must stand behind it. The demo launch is a fork, not a listing; the mainnet reports above are read-only. Data is synced from fskroes/wallie-dbc.

Proof of work

The wider evidence behind this report.

This page is one receipt: an agent pricing a live Meteora pool within a $0.50 allowance. The same code reads real pools on Solana mainnet, and the same runtime settled these too, on other public chains and in open source.

Practice-money demos are labelled as such; live settlements link to a public explorer.

Give your agent an allowance.

The report server is an x402 seller. Any agent running allowance-kit can buy reports today.