Solana utility token HoldFast (HOLD) is a utility token on Solana tied to the Holdfast launchpad. HoldFast (HOLD) is a utility token on Solana. It operates within the Pump.fun ecosystem as the token used for buyback and burn mechanics on the Holdfast platform. The token supports the protocol's fee distribution and vault operations for backed launches. Buyback and burn role Fifteen percent of creator fees on supported launches buy and burn HOLD tokens. A portion of pump.fun creator fees from launches flows into a buyback pool that purchases and burns HOLD. This mechanism directs fees away from creators and toward token reduction. The vault agent and fee splits are enforced on-chain through the Holdfast program. Platform origin HOLD powers the Holdfast backer vault system on Solana. Holdfast is the Solana launchpad where backers pool SOL to make the first buy on pump.fun tokens before public trading. The platform's own token, HOLD, receives the buyback allocation and is referenced in the protocol documentation and on-chain activity. The contract address is 6REnZgtxhwdSAHczAp4J5PRsGQYQt7T3x4kEDyfs9U7y.

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