How to guard your coin
Guarding your coin with PumpGuard is a straightforward process that doesn’t require any account creation or login. Here’s how you can secure your project and build investor confidence:
Start the Process: On the PumpGuard website, click the “Lock Solana” button to begin securing your coin.
Enter Your Coin’s CA: You will be prompted to enter your coin’s Contract Address (CA). This step ensures that the Solana you’re locking is tied to the correct project.
Receive a Deposit Address: Once you’ve entered the CA, PumpGuard will generate a unique deposit address specifically for your coin.
Deposit Solana: Send the chosen amount of Solana to the provided deposit address. This locked Solana serves as an assurance against rug pulls, helping to build trust with your investors.
Monitor Your Coin: After the Solana is locked, PumpGuard will monitor your coin’s activity on pump.fun. If your project successfully migrates to Raydium or remains rug-free for 7 days, the locked Solana is returned to you.
Investor Protection: In the event of a rug pull, the locked Solana is automatically distributed to the top 25 investors, providing them with a safety net against potential losses.
By following these steps, you’re not only securing your project but also offering an added layer of protection to your investors. This can enhance your coin’s credibility and attract more attention on pump.fun.
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