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What is the Cashback Vault?

The Cashback Vault is JustPump’s insurance mechanism designed to protect traders in the high-risk memecoin environment. It provides a safety net by distributing funds to eligible users during claim windows.
The Cashback Vault is funded by 0.2% of every trade, accumulating over time to provide community protection.

How It’s Funded

Every trade on JustPump contributes to the Cashback Vault:
  • Bonding Curve trades: 0.2% of every trade goes to Insurance Fund
  • JustSwap trades: 0.2% of every swap goes to Insurance Fund
  • Funds accumulate in an on-chain vault account
  • Distributions are triggered during claim windows
The vault balance grows continuously as trading activity increases across all tokens on the platform.

Who Is Eligible?

The Cashback Vault is designed to reward participation and provide protection during adverse events. Eligibility is typically based on:

Trading Activity

Users who actively trade on JustPump may qualify for cashback during distribution windows. The backend tracks:
  • Volume traded
  • Number of transactions
  • Participation across tokens
  • Losses incurred on failed projects

Proportional Distribution

Rewards are distributed proportionally based on:
  • Your trading activity relative to others
  • Your exposure to failed or rugged tokens
  • Your participation during the eligibility period
Eligibility criteria are determined off-chain by the backend but payouts are fully on-chain and verifiable. Not all users will be eligible for every distribution.

How Claims Work

The Cashback Vault uses a signed voucher system to enable secure, user-initiated claims.
1

Eligibility Determination

The backend analyzes trading activity and calculates claimable amounts for eligible users during each distribution window.
2

Voucher Issuance

If you’re eligible, the backend issues a signed reward voucher containing:
  • Your wallet address
  • Claimable amount
  • Expiration timestamp
  • Cryptographic signature for verification
3

User Claims

You submit the voucher on-chain using the JustPump interface. The smart contract verifies the signature and transfers SOL directly from the vault to your wallet.
4

Replay Protection

Each voucher can only be claimed once. The contract tracks claimed vouchers to prevent double-spending.
You pay the transaction fee for claiming (typically a few cents in SOL). Rewards are delivered instantly upon successful claim.

Design Principles

The Cashback Vault architecture follows these principles:

Off-Chain Accounting, On-Chain Payouts

  • Off-chain: Backend calculates eligibility and amounts based on complex criteria
  • On-chain: All payouts are executed via smart contract with signature verification
  • Transparent: Vault balance and claim transactions are publicly auditable

User-Initiated Claims

  • Users must actively claim their rewards—no automatic distributions
  • This reduces gas costs and gives users control over timing
  • Users only pay transaction fees when they choose to claim

Minimal On-Chain Logic

  • Smart contract only validates signatures and transfers funds
  • Complex eligibility logic stays off-chain for flexibility
  • Reduces attack surface and gas costs

Anti-Abuse Protections

  • Each voucher has an expiration date
  • Signatures prevent unauthorized claims
  • Replay protection prevents double-claiming
  • Rate limiting may apply to prevent abuse

Cashback Vault Properties

Funded by Trading

0.2% of every trade contributes to the vault, ensuring continuous funding as the platform grows.

Fair Distribution

Rewards are proportional to user participation and exposure to failed projects—not random or favoritism-based.

User Pays Gas

You pay the small transaction fee to claim, keeping the system efficient and preventing spam claims.

Instant Delivery

Once you submit a valid voucher, SOL is transferred directly to your wallet in the same transaction.

Frequently Asked Questions

Can I claim multiple times?

Yes, if you’re eligible in multiple distribution windows, you can claim for each window separately. Each voucher represents a distinct claim.

Why isn’t my reward equal to my losses?

The Cashback Vault is not full insurance—it’s a community protection mechanism. Rewards are proportional to your participation and the vault balance at distribution time. They may not cover 100% of losses.

Why can’t I claim yet?

Claims are only available during distribution windows when the backend has calculated eligibility. Check the JustPump interface for your eligibility status and upcoming distribution dates.

How do I know the vault balance?

The vault is an on-chain account—you can view its balance using a Solana block explorer or through the JustPump interface.

Trust and Transparency

Auditable

  • Vault address is public and verifiable on-chain
  • All claim transactions are recorded on Solana
  • Anyone can track inflows (fees) and outflows (claims)

Signature-Based Security

  • Only vouchers signed by the authorized backend key can be claimed
  • Signature verification happens on-chain
  • Prevents unauthorized withdrawals

No Admin Withdrawal

  • The vault has no “admin withdrawal” function
  • Funds can only be claimed via valid signed vouchers
  • Protects against internal misuse
The Cashback Vault demonstrates JustPump’s commitment to community protection. While it can’t eliminate all risk, it provides a meaningful safety net funded by platform activity.

Learn More

Reward Claims Details

Explore how the reward voucher system works in detail

Fee Structure

See how the 0.2% insurance fee contributes to the vault