Virtual Mint Mechanics

How the virtual mempool works

Bound operates a single, global virtual mempool for all mints on the platform. Every time a Bitcoin block is mined on mainnet, Bound mines a corresponding virtual block.

When you submit a mint request, the BTC you spend is deducted from your Trading Wallet balance - just like a swap. Your request enters the virtual mempool and competes for inclusion in the next virtual block.

Block inclusion rules

Parameter	Value
Max mints per virtual block	4,000
Selection criteria	Highest bids first; ties broken by timestamp
Tokens per mint	10,000
Min price per token	0.01 sats
Max mints per transaction	1,000

Only requests broadcast before the timestamp of the corresponding Bitcoin block are eligible.

Minimum liquidity requirement

For a token to launch, it must reach a minimum of 0.08 BTC committed across all mints.

• If minLiq is not met when minting ends: all BTC is refunded to participants, and the token does not launch

• If minLiq is met: the token launches and trading begins

What happens on launch

1

The committed BTC is paired with 20% of the token supply and supplied as a full-range liquidity position on the Runes AMM at the 1.00% fee tier

2

Remaining tokens (up to 800M) are distributed to mint participants

3

If fewer than 800M tokens were minted, the remaining unminted tokens are distributed pro-rata to participants

4

Diamond Hands tracking begins

Refunds

If your mint request was not included in a block, or the token did not reach minLiq, you can claim a refund:

Refund amount = BTC spent − BTC confirmed in blocks

Go to the Portfolio tab to claim any available refunds.