STEP 1
Launch
A creator picks a ladder shape. The whole supply is split into price levels on Meteora DLMM, and the creator can seed SOL into the floor.
How bedrock works
Every coin has a floor price backed by real SOL. Buys and fees keep moving SOL into the floor, and the raise-floor crank can only move it up.
STEP 2
Climb
Buying takes coins from the next level up and leaves SOL behind. Each level cleared moves the price one step higher.
STEP 3
Floor rises
SOL from buys and half of every trading fee gets moved into the floor. Anyone can press "Raise the floor" to do it. Coins the floor bought back are burned, so fewer coins share the same pool.
STEP 4
Floor holds
If everyone sells, price walks down the ladder to the floor and stops there. The floor has enough SOL to buy back every coin in circulation at that price.
FAQ
Short answers. If something is still unclear, it is a bug in this page.
A pool of SOL for each coin, big enough to buy back every coin in circulation at the floor price. While it is in place, selling stops at the floor.