This site is a preview. It does not submit deposits or pool sales. The pool descriptions below explain the program, not an available trading service.
\nHow it all works, in full: How it works.
\nAn external audit of the contract. It has no date yet. The contract is not audited yet, so put in only money you can afford to lose.
\nNothing here is financial advice. Nor is it investment, legal or tax advice, and no return is promised. The DragHold contract can be upgraded by its administrator and has not had an independent audit. Read the risk notice.
", "date_published": "2026-09-24T00:00:00Z", "date_modified": "2026-10-31T00:00:00Z", "tags": [ "pools", "chains", "crank", "audit" ], "_draghold": { "type": "news", "pinned": true, "audience": "everyone", "social": "What DragHold is built from: fixed-price buyback pools for Solana tokens, hourly chains with a bonus, a crank bot that anyone can run and that can receive rewards, and the plan for an external audit." } }, { "id": "https://draghold.pages.dev/glob/community-takeover-cto-what-next", "url": "https://draghold.pages.dev/glob/community-takeover-cto-what-next", "title": "Community takeover (CTO): what to do after you take over a token", "summary": "What a crypto community takeover (CTO) is, how to spot a fake one, the first steps after a takeover, and how a public USDC buyback for holders works.", "content_html": "This site is a preview. It does not submit deposits or pool sales. The pool descriptions below explain the program, not an available trading service.
\nA community takeover (CTO) is when the holders of an abandoned token start to run it themselves, after the original developer has left. In practice, they take over the token’s social media accounts, work together on Telegram and X, and sometimes ask token trackers to mark the token as a CTO.
\nA fake CTO is when someone else claims to “relaunch” a dead token to attract new buyers, often without really working with the original community. The CTO label alone tells you nothing. Two things show the difference between a real takeover and a fake one:
\nThere is no standard plan, and none of this is advice. These basics make a takeover easier for holders to check:
\nAnyone, including a CTO community or one of its members, can make a buyback pool for a token on DragHold. A pool is a public offer to buy the token at a fixed price, for a fixed time. Once it opens, anyone who holds the token can sell it straight into the pool at that price, any amount up to what the pool still buys. Every hour, chains of tokens also pay a bonus for selling them together.
\n\n\nA buyback pool is USDC set aside to buy this token at one fixed price. While the pool is open, anyone can sell the token into it at that price, until the pool has bought its full size or its time is over. The market price can still go lower or higher.
\n
Choosing the pool size and the duration. The pool buys a number of tokens you choose (the pool size, N), any whole number from 1,000 up to the most the token’s decimals allow (18,446,744,073 for a token with 9 decimals, more for a token with fewer), for a week, a month, 3 months or a year. Its price is the payout divided by N, and it does not change while the pool is open: the same payout spread over more tokens pays less for each one. With the current 20% fee and 10% chain bonus, the payout must be at least $87.50, so the smallest deposit is $125. For example, a $1,250 deposit is split into a $250 fee, a $125 chain bonus and a $875 payout. With N = 100,000, the price is $0.00875 per token: selling 10,000 tokens into the pool pays $87.50, or $100 in a chain, with the bonus. If holders sell all 100,000, the whole $875 is paid out. Try your own numbers on the Create a pool page.
\nYour price compared with the market price matters. If the pool’s price is higher than the market price, traders buy the token on the market and sell it into the pool first (this is called arbitrage). These trades may affect the market price, but do not guarantee any price level. If the pool’s price is at or below the market price and nobody sells, the backer loses only the fee. The Create a pool page shows both cases.
\nThe schedule. You can make a pool at any time. Pools open on Monday, Wednesday and Friday at 12:00 UTC: a pool opens at the one of these its backer picks, from 72 hours to a year after making it, buys for its duration, and closes when the time is over or it has bought all its tokens. Every hour, the contract picks up to 3 chains of up to 5 tokens at random, from the tokens whose pools are open, and fresh tokens go first: tokens never in a chain, and tokens back after all their pools ran out. Each chain is announced one hour before it opens and stays open for one hour. Selling the same amount of each of its tokens together pays every pool its price plus its bonus: about 14.3% more with the default settings.
\n\n\nBackers may hold and trade the token they back. Every pool, its size and its backer's address are public on the blockchain.
\n
DragHold does not promote tokens. A pool’s fixed price is only what that pool pays. It is not a valuation of the token.
\nThe For backers page goes through the same steps with example numbers.
\nNothing here is financial advice. Nor is it investment, legal or tax advice, and no return is promised. The DragHold contract can be upgraded by its administrator and has not had an independent audit. Read the risk notice.
", "date_published": "2026-09-24T00:00:00Z", "date_modified": "2026-10-31T00:00:00Z", "tags": [ "community takeover", "CTO", "backing" ], "_draghold": { "type": "article", "pinned": false, "audience": "backers", "social": "After a community takeover (CTO): how to spot a fake one, the first steps to take, and how a public USDC buyback on DragHold works, what it costs and what it does not do. Not advice." } }, { "id": "https://draghold.pages.dev/glob/dead-solana-tokens-burn-or-sell", "url": "https://draghold.pages.dev/glob/dead-solana-tokens-burn-or-sell", "title": "Dead Solana tokens: burn them or sell them?", "summary": "No buyers for a Solana token? Burn it and close the account to get back ~0.002 SOL rent, or sell it into a DragHold pool if the token has one.", "content_html": "This site is a preview. It does not submit deposits or pool sales. The pool descriptions below explain the program, not an available trading service.
\nIn a June 2026 study, CoinGecko reported that 68.67% of pump.fun tokens launched since January 2024 had their last trade on the day they were created, and only 4.55% traded for more than 90 days. The study excluded tokens with no trading activity. These historical results do not predict any particular token.
\nWhen trading stops, there is nobody left to sell to. That is what “I can’t sell this token” usually means: there is no market money left to sell into. The token is still in its own token account in your wallet, and that account still holds a small SOL deposit.
\nEvery Solana token you hold is kept in a token account, and Solana makes each account hold a small deposit, called rent: often around 0.002 SOL for a standard account. The required amount depends on account size and network settings. Burning the tokens destroys them. Once the account is empty you can close it, and closing an eligible empty token account returns its stored SOL to the destination chosen by the owner or close authority.
\nWallet-cleanup tools such as Sol Incinerator do both steps for you: they burn the tokens you do not want and close the accounts, so you get the rent back. Review the tool documentation and the wallet transaction for current fees and the amount returned.
\nBe clear about what this is: you get the SOL deposit back, not a price for the token. Burning or closing can fail if you lack authority or a token extension restricts the action. Check the token and transaction first.
\nOn DragHold, a backer puts USDC into a pool for one token. Pools open on Monday, Wednesday and Friday at 12:00 UTC: a pool opens at the one of these its backer picks, from 72 hours to a year after making it, and from then on it buys that token at a fixed price for a week, a month, 3 months or a year. Anyone can sell the token straight into it, any amount up to what the pool still buys. Also, every hour the contract picks up to 3 chains of up to 5 tokens whose pools are open. During that chain’s hour, selling the same amount of each of its tokens together pays every pool its price plus a chain bonus: about 14.3% more with the default settings. How it all works: How it works.
\nAn example. Say a backer puts in $1,250 for a pool size of 100,000 tokens. After the 20% fee ($250) and the 10% chain bonus ($125), the pool pays out $875: a fixed price of $0.00875 per token. Selling 10,000 tokens straight into it pays $87.50. In a chain, the same 10,000 tokens pay $100: the price plus a bonus of $0.00125 per token. If a chain has 3 such pools, selling 10,000 of each of its tokens together pays $300 in total.
\nA sale straight into a pool needs only the token you hold. For a chain’s bonus, compare what its other tokens cost you with what the bonus adds, after swap fees, slippage and network fees. It can go either way: if they cost more, you lose the difference. You get what the pools pay at the moment your sale goes through: if other traders sell first, a pool may buy fewer tokens than you planned to sell, and the tokens you bought may have no other buyer.
\n| Burn and close the account | Sell into a DragHold pool | |
|---|---|---|
| What you get | About 0.002 SOL deposit back per token account. Nothing for the token itself. | USDC at the pool’s fixed price; in a chain, the price plus its bonus. |
| What you need | The token and your wallet. | The token and your wallet. For a chain’s bonus, the same amount of each of its tokens. |
| When | When burning and closing are allowed for the account. | Any time its pool is open; chains every hour. |
| What happens to the token | Burned. | Burned, in the same transaction that pays you. |
| Costs | A network fee. A cleanup tool may keep part of the deposit. | A network fee. For a chain’s bonus, buying any of its tokens you do not have (their price, swap fees, slippage). |
You can do both. Selling burns the tokens you sell but does not close your token account, so once the account is empty you can still close it and get its deposit back.
\nOpen the Floors page and search for your token’s ticker. The Floors view shows every token’s floor: the highest price any of its open pools pays, how many tokens the pool still buys at that price, and until when. A pool that is not open yet shows when it opens. The Chains view shows each hour’s chains, announced one hour before and then open for one hour.
\nIf your token has no pool, you cannot sell it into DragHold. A token gets a pool only after someone makes one for it. Burning and closing may still be possible, subject to the account rules and network fees.
\nNothing here is financial advice. Nor is it investment, legal or tax advice, and no return is promised. The DragHold contract can be upgraded by its administrator and has not had an independent audit. Read the risk notice.
", "date_published": "2026-09-24T00:00:00Z", "date_modified": "2026-10-31T00:00:00Z", "tags": [ "dead tokens", "burn", "rent", "selling" ], "_draghold": { "type": "article", "pinned": false, "audience": "traders", "social": "No buyers for a Solana token? Two options: burn it and close the account to get back about 0.002 SOL rent, or sell it into a DragHold pool, which works only if the token has an open pool, and has costs and risks. Not advice." } } ] }