Documentation
Everything you need to know about BAGSWIF Fair Launch Presales
🚀 What is BAGSWIF?
BAGSWIF is a fair launch presale platform built on BAGS.FM.
It allows anyone to create token presales where the creator and up to 68 participants contribute SOL and automatically receive trading fee shares forever.
Unlike traditional presales, BAGSWIF uses a weighted fee-sharing model - all participants earn trading fees proportional to their SOL contribution, creating aligned incentives between creators and supporters.
⚡
Up to 68 Participants
Creator + up to 68 wallets can join. The more participants, the more decentralized the fee distribution.
🎯
Auto Launch
Token launches automatically when presale fills. No manual intervention needed.
💰
Weighted Fee Sharing
Creator gets 5% of fees. Remaining 95% split by SOL contribution weight.
🔒
Safe Refunds
If presale doesn't fill in time, participants get full refund (no tax).
💎 Fee Structure
BAGSWIF uses a transparent weighted fee-sharing model that rewards contributors proportionally to their SOL investment:
Creator Fee Share (Deployer)
5% of trading fees
Participants Fee Share
95% (weighted by SOL contribution)
Max Participants
68 wallets
Launch Fee (Creator)
0.045 SOL (non-refundable)
Min Contribution
0.01 SOL
Max Contribution
0.1 SOL
Weighted Distribution: Your share of the 95% participant pool is based on how much SOL you contributed relative to the total. Contribute more = earn more fees!
📊 Example Fee Distribution
Token generates 1 SOL in trading fees. Total presale raised: 0.5 SOL
Creator (deployer)
5% → 0.05 SOL
Participant A (contributed 0.1 SOL = 20%)
19% → 0.19 SOL
Participant B (contributed 0.05 SOL = 10%)
9.5% → 0.095 SOL
Other participants (70% of pool)
66.5% → 0.665 SOL
Total distributed
1.0 SOL
📝 How to Create a Presale
Creating a presale on BAGSWIF is simple:
1
Connect Wallet & Pay Fee
Connect your Solana wallet and pay the 0.045 SOL launch fee (non-refundable). This makes you the deployer with 5% fee share.
2
Configure Token
Enter token name, symbol, description, and upload an image. Add Twitter/website if you have them.
3
Set Participant Count
Choose between 1-68 participant slots. Each participant can contribute 0.01-0.1 SOL.
4
Wait for Participants
Share your presale link. Once all slots fill, the token auto-launches on BAGS.FM!
5
Claim Fees Forever
Visit the Claim Fees page anytime to collect your accumulated trading fee rewards.
⚠️ Note: The 0.045 SOL launch fee is non-refundable even if the presale fails to fill. Participant contributions are fully refunded if the presale expires.
💸 How Fee Claiming Works
Once your token launches, trading fees accumulate automatically. Here's how to claim:
1
Go to Claim Fees Page
Connect your wallet and navigate to the Claim Fees page.
2
View Your Positions
See all tokens you've participated in and your claimable SOL for each.
3
Click Claim
Sign the transaction to claim your fees. They'll be sent directly to your wallet!
💡 Tip: Fees accumulate over time from trading activity. Check back periodically to claim your rewards!
🪙 $BWIF Token
The $BWIF token is the native token of the BAGSWIF ecosystem.
Contract Address: @Bags69fun
Trade $BWIF on BAGS.FM or Jupiter.
❓ FAQ
What happens if the presale doesn't fill?
All participant contributions are fully refunded. Only the creator's 0.045 SOL launch fee is non-refundable.
How are fees calculated?
Creator gets 5% of all trading fees. The remaining 95% is distributed to participants based on their SOL contribution weight.
Can I contribute multiple times?
Each wallet can only join once per presale, contributing between 0.01-0.1 SOL.
When can I claim fees?
Anytime after the token launches! Fees accumulate from trading activity and can be claimed whenever you want.
