Securitized Bags
Packing counter0.01 SOL per certificate
Specimen: pick a coin to see your sheet
- Packing fee0.01 SOL to the keeper, in the same transaction as the deposit.
- Account rentAbout 0.002 SOL, which creates the vault's token account.
- Cap per certificate$5,000 of value at the moment of packing, priced by Jupiter.
- RefusedAny coin with a transfer fee or a transfer hook: the vault would hold less than the sheet promises.
- No deadlineThere is no storage period. A bag sits in its vault until somebody burns the sheet.
Pack a bag
One transaction: the tokens, the packing fee and the memo that names the certificate.
Not connected
Coins with a transfer fee or a transfer hook cannot be packed.
Vault for this certificate
Reserved once you pick a coin
Packing fee
Cap per sheet
Next number
This bag
One transaction · no clock · burn to redeem
What the transaction contains
One
The tokens
A transfer of the amount you chose, from your token account to this certificate's own vault.
Two
The fee
0.01 SOL to the keeper, which pays for the mint and feeds the buyback of $SBAG.
Three
The memo
The line SBAG wrap <number>, so the keeper knows which sheet this deposit belongs to.
Then
The sheet
The keeper mints the certificate to the wallet that signed. It appears under Mine, and on Tensor and Magic Eden.