How SpinPump Works

The Complete Process Flow:

  1. Token Integration: Users hold or trade SPIN token on Solana's blockchain

  2. Automatic Fee Collection: All creator fees accumulate in a dedicated wallet

  3. Scheduled Charity Selection: Every 10 minutes, our algorithm selects a random verified charity

  4. Blockchain Distribution: 95% of accumulated funds automatically transfer to the winning charity

  5. Real-time Transparency: All transactions broadcast live with full blockchain verification

Transparency Note: Every transaction is permanently recorded on Solana's blockchain and can be independently verified using tools like Solscan or Solana Explorer.

How The Charity Selection Works

The charity selection process is designed to be transparent and verifiably fair:

Selection Algorithm:

  1. Trigger Condition: Every 10 minutes or any other time span decided by community

  2. Balance Check: Verify donation wallet has sufficient funds (minimum threshold)

  3. Charity Pool: Retrieve all verified charities from database

  4. Random Selection: Use RNG randomness for selection

  5. Winner Announcement: Broadcast selection to all connected clients

Transparency Measures:

  • Selection timestamp recorded on blockchain

  • Random seed derivation from blockchain data

  • All selection events logged and publicly auditable

  • Winner announcement includes full transaction details

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