The raise
In an internet round you tokenize a part of your company’s equity as a liquid, equity-backed token, then raise against it. That slice entitles you to more than the raise itself - you also receive automatic capital unlocks (up to $8.6M) and 0.5% of every trade (see Founder economics below). Pick the preset that fits your round - all three are self-serve. A larger target raises more up front and pushes your token to a higher graduation market cap (where the sale completes and your token migrates off the bonding curve into a live trading pool):
Looking to raise more than $50K? Book a call and we’ll set up a larger round with you directly.
The equity link - the share of your equity the token is backed by - defaults to 10% and is
customizable in the flow, from a minimum of 1% to a maximum of 30%. Your graduation market
cap prices that slice, so the link sets the valuation you’re raising at: valuation =
graduation market cap ÷ equity link. On the Standard preset (~$352K graduation cap), a 10% link
implies a ~$3.5M valuation; a 5% link implies ~$7M.
How the dynamic market sale works
Your raise runs as a dynamic market sale on a bonding curve. There’s no fixed price: the token price rises as more is bought, so earlier backers get a better price. The sale is a live market - backers can buy and sell throughout the raise - and it completes once it reaches its graduation market cap (the figure in the table above). The sale collects more than the up-front capital you take home. Your preset (say $10K) is what reaches you; the round raises more than that, because it also funds:- ~$7.5K for incorporation with Bedrock (your BVI company plus Cayman SPC), and
- on-chain liquidity - a reserve paired with tokens so your market has ample depth to trade against once the token is live.
Token distribution
Your fixed 1B supply splits three ways:Founder economics
As a founder, you receive value from three sources:1
Initial raise
The up-front amount from your preset ($10K / $25K / $50K), settled in USDC.
2
0.5% per trade
You earn 0.5% of every secondary trade of your token, for as long as it trades. See
Fees.
3
Automatic capital unlocks
More capital unlocks to your team as your market cap climbs through milestone bands (see below).
Automatic capital unlocks
As your market cap grows, your raise unlocks more capital automatically. Portions of tokens are set aside as positions higher up the price curve; when demand pushes the price to that level, those positions are automatically bought, and the proceeds unlock to your team. You never have to sell manually or time the market - growth converts into funding on its own. Unlocked capital reaches you in weekly $2,500 allowances, and follows this schedule:Going live
Once the sale completes, your token goes live and becomes tradable across Solana venues.Trading
- Your token is live and tradable through any Solana DEX.
- You earn 0.5% per trade (see Fees).
Treasury
Raised funds are held in your project Squads treasury. Larger expenditures are governed by decision markets - backers get a structured, board-like say over how treasury capital is spent.Receiving your allowance
Your weekly allowance lands in the wallet you created the project with. To withdraw, you can:- Send to any other Solana wallet, or
- Open a bank account with Altitude - our preferred partner for stablecoin business banking, so you can send and receive both fiat and stablecoins.
Editing your project
Manage everything about your project from the founder dashboard (open it from your user dashboard):- Edit your project info anytime - description, website and links, hero/banner media, team members, and socials.
- Once the token is live, on-chain metadata (name, ticker, links) is updated through proposals.
- Find your token’s mint address and liquidity pool address in the Details tab on your Star project page.
Follow-on fundraising
You can raise again later through proposal-approved minting - issuing additional equity to the token to fund the next stage.Launching with an AI agent
Connect Star’s official launch tooling (@star-factory/launch-cli) to Claude Code, Cursor, or any MCP-enabled agent and ask it to launch your token on Star - a full internet round, straight from wherever you already work. The agent gathers your launch details, you authorize with your Star account in the browser, and Star derives your launch wallet, reserves a Star vanity mint, and runs the launch end to end. Your agent never touches wallet secrets or keypairs - and nothing launches until you approve the exact payload.
1
Connect the Star MCP server
For Claude Code:For Cursor (or any client with an
mcp.json):2
Ask your agent to launch
Say something like: “Launch my token on Star - name My Startup, ticker MYSTAR, website
mystartup.com, raising $25K.” The agent starts a secure sign-in: open the link it shows, sign
in with your Star account, and enter the code.
3
Approve the launch
The agent validates and previews the launch first, then shows you exactly what will be sent.
Nothing goes out until you confirm.
4
Go live
The agent submits the launch, waits until your token is live, and reports your project link
and launch id. Keep the launch id in case you ever need support.
The preset picks how much your round raises up front - the same three self-serve tiers as the web
flow - and the equity link picks how much equity the token is backed by, which sets the valuation
you’re raising at. Everything else (curve, economics) is fixed by the protocol preset. After
launch, manage your project from the founder dashboard as usual.
Using the CLI directly
The same package is a full CLI if you’d rather run it yourself:star launch create --help or see the full command reference on npm for every flag.