BREAD launches on Meteora with an open launch vault in front of the pool. For 14 days anyone can put USDC in. When the window closes, the vault buys first, before public trading starts, and everyone who joined shares what it bought.
The date is not announced yet. It goes here, by email and on X at the same time, once the mainnet mint and the founder lock are done.
During the window, put up to A$100 of USDC into the vault from Phantom. There is no advantage to being early.
When the window closes, the vault buys up to A$5,000 of BREAD from the cheapest end of the pool, starting at A$0.001, before anyone else can trade.
You get BREAD in proportion to what you put in. If more than A$5,000 comes in, everyone is trimmed by the same share and the unused USDC is returned.
Your BREAD unlocks evenly over 28 days from the start of trading. Claim what has unlocked on Meteora whenever you like.
If the vault fills, it buys about 3.9M BREAD at an average near A$0.00128, and public trading starts near A$0.0016. The USDC it spends stays in the pool as the money sellers are paid from. It is not withdrawn.
These are the only BREAD addresses. Copy them from here, and check the one on any page you deposit or trade on matches, character for character.
If you have never bought crypto, start a few days early. Exchange sign-up and ID checks can take a day or two.
Get it from phantom.com only (browser extension or phone app). Create a wallet.
On paper, kept somewhere safe. They are the wallet. Lose them and nobody can recover it; share them and anyone can empty it.
On an Australian exchange that supports Solana withdrawals, such as CoinSpot, Kraken or Coinbase. About A$5 of SOL covers the network fees.
Copy your Solana address from Phantom and withdraw both to it. Choose the Solana network for the USDC. Sent on another network, it is lost.
When the window opens, the deposit button appears at the top of this page. Connect Phantom on Meteora and deposit.
BREAD pays for prompts in BREAD AI and is what GPU hosts earn. Link the same Phantom wallet in the app.
Questions: @Breadaiio or the token FAQ.