> For the complete documentation index, see [llms.txt](https://cooking-city-launchpad.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://cooking-city-launchpad.gitbook.io/docs/conviction-pool.md).

# 🤞🏻 Conviction Pool

### 🧠TLDR for smoothbrains:

* devs put sol in pool **(optional, no minimum)**
* token graduates = traders get price floor protection
* token no graduate = sol returns to dev
* no more crying about rugs (well, less crying)

<figure><img src="/files/YZKb2pYKb8rmurz8VAN1" alt=""><figcaption></figcaption></figure>

### 🤔what even is this??

* tells you which tokens aren't total garbage
* gives traders **a price level safety net** (still depends on price level and pool size)
* makes devs actually **CONVINCE** something

### ⚙️how 2 use:

1. dev adds conviction **\[optionally]** when making token
2. sets price floor (where liquidity is injected thru **Meteora DBC**)
3. sol gets locked up (no takesies backsies until conditions met)

### 🤩what happens next?

* ✅ **token graduates within 5 days = conviction pool activates**
  * sol goes to **DLMM pool** at the set price floor
  * protection **activated!!!**
  * token starts trading on **Meteora DBC**
* ❌ **token doesn't graduate in 5 days = sad trombone**
  * **convict sol** returned to dev
  * no protection even if graduates later
  * much disappoint, very sad

### 👋🏻when it ends:

* all sol are swapped = **Conviction Pool closes**
* 5 days pass = **remaining sol returns to dev**
* devs' swapped tokens are locked for 30 days on Streamflow — **no instant dump**


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