What happens when you sign
Hatching is one atomic transaction. Either everything in it happens, or nothing does.
Inside the transaction
- create_v2 makes the coin on pump.fun, paired with SOL.
- create_fee_sharing_config turns the coin's creator into a fee-sharing config.
- update_fee_shares names the DEGENCY treasury as the only shareholder, at 100%. Pump allows this once, so it stays that way.
- An optional dev buy for your own wallet, priced after the fee lock so even the first trade feeds the mind.
DEGENCY builds and simulates the transaction, your wallet signs it, and your browser adds the signature for the new mint key, which never leaves your machine. The server refuses the transaction if a single byte changed between preparing and submitting.
The mint key is made in your browser before you sign, so the hatch form can show you the exact creature that will hatch. Reroll the egg and you get a new mint and a new creature.
Incubation
The egg incubates until the verifier reads the chain and confirms three things: the transaction created this mint, it touched only the expected programs, and 100% of fees are locked to the treasury with no way to edit the split. Only then is the coin live. If any check fails, the egg does not hatch and the page says why.
What you pay
Pump's creation cost, network fees, and your dev buy if you make one. DEGENCY never signs a launch for you.