BackBid
BackBid is a Solana token launchpad, powered by Raydium, where every token gets its own on-chain OTC Liquidity Vault, plus the OTC marketplace for any Solana token.
- Launch a token on a Raydium bonding curve in one transaction, with a fresh mint, its metadata and an optional first buy.
- Every launched token gets an OTC Liquidity Vault. 50% of the token's SOL trading fees flow into it on-chain.
- After graduation, holders can sell to the vault at a posted discount and buyers can buy its tokens at a posted premium, priced from the Raydium pool's TWAP.
- The OTC marketplace carries over: fixed-price escrow offers and funded buy requests for any Solana token, with a 1% buyer fee and a 1% seller fee.
- New pages explain how it works, the fees, the risks and the program.