Docs

How it works

A coin launched on Parrot Pad has an echo pot. The coin's own X account posts. Holders echo the post: they quote it with their own words. When the round closes, every echoing holder who held through the post gets a share of a slice of the pot, weighted by what he held. More echoes unlock a bigger slice, up to the round cap at the dev's echo target.

The reward is a holder reward. An echo is the check-in that says you are here; it is never a price per post. There is no required text and the share is capped per wallet.

Where the money comes from

Creator fee. The coin's pump creator is its own account on the pad. Every lamport of creator fee is split: treasury cut first (10 %), then the dev's echo share (0-80 %, chosen at launch, fixed for the coin) out of the dev's part, the rest is the dev's. With the defaults: pad 10 %, pot 45 %, dev 45 %.
Deposits. The dev at launch, anyone later, from 0.001 SOL.
Nothing is printed. If the echo share is 0, the pot is deposits only.

A round

The dev posts on X and opens a round with the post link, signed by the dev wallet. The pad's attestor checks the post is by the coin's account, not a reply and fresh.
For 24 hours holders paste links of their quotes. Up to 5 quotes per X account go in; at close only the earliest valid one counts.
At close every quote is read again (deleted ones drop out), holdings are measured from 6 hours before the post to the close, and the root of all payouts is posted with a public report.
Unlocked = pot x 30 % x echoes / target (at most the round share). The program computes it, not the attestor.
After a 2 hour veto window anyone can claim for anyone for 14 days. Unclaimed SOL goes back to the pot.

One round at a time per coin, at most one per round length. If the coin's account goes quiet for 7 days, anyone can open a plain holder drop so no SOL stays stuck.

Binding X

Post parrot bind <first 8 of your wallet> <any code> from your X account, paste the link on your page and sign. One X account binds one wallet. The X account must be older than 30 days, and a bind counts for posts made 3 days after it. Unbind returns the rent.

How payouts are checked

Your weight is the smallest balance you held in the window, per token account. Buying after the post gives 0; selling mid-round lowers it.
Each wallet counts between 0.01 % and 1 % of the supply. The coin's dev wallet never gets a share.
The report with every input, sample and proof is published before the root goes on chain; its hash is stored on chain. The guardian can veto a wrong root inside the veto window.
Each payout = round total x your weight / all weights, computed by the program.

Parameters

Trust points

Attestor (the pad's service) reads X: it decides which binds and posts are real and which wallets are in a round with which weights. Bounded on chain: the round total by the unlock formula, each wallet by the weight bounds, claims by the total, never the dev wallet, plus the veto window and the published report.
Guardian can veto any root in the veto window and revoke the attestor. It cannot move SOL.
Admin can pause new coins, deposits, binds and rounds, and change future parameters behind a 24 hour timelock. It can never move SOL or tokens. Claims, collects, payouts and closes work while paused.
Program par7Q...e2zU (upgradeable).

Risks

X policy: X can limit accounts that pay for posts. This is why the reward is a holder reward weighted by holding and never a price per post.
The pad reads X through its public embed data, which is undocumented and can change or rate-limit. Then binds and rounds stop and the holder drop takes over after the quiet period.
Payouts trust a published snapshot. pump.fun platform rules apply. The program is upgradeable and unaudited by a third party.