> man reset

RESET, explained like you didn't read it.

Where the fees go, how the buyback vote works, and what the contract can and can't do.

01

TL;DR

  • A meme coin about an AI grader that gave seven missing answers a 4, then tried to break its own machine to get a fresh one.
  • 50% of creator fees go to a contract vault that buys $RESET back. The dev can also withdraw from it — every withdrawal is public.
  • When $RESET dumps, the dev opens a vote. Ten holders press within a minute — free — and the contract buys.

02

Who can touch the buyback money?

The contract, for buybacks. And the dev: the admin can withdraw SOL from the vault while no vote is running. We put it in the contract and say it here, so nobody has to guess.

fee split50 / 50 · locked ✓
buyback vault0.0365 SOL
withdraw (SOL)admin · only while the vote is closed
upgradableyes · announced on X

03

How RESET works

  1. 01
    feesThrough pump.fun fee sharing, 50% of the creator fees go to the contract, 50% to the team.
  2. 02
    claimAnyone can call claim_fees. The contract's share lands in the buyback vault.
  3. 03
    dumpWhen $RESET dumps, the dev opens the buyback vote.
  4. 04
    voteRounds of one minute. Ten holders press BUYBACK NOW! within a minute — free. Or the dev starts the buyback directly: the second way.
  5. 05
    buybackThe contract spends the whole vault on $RESET. Nobody touches the SOL.
  6. 06
    resetVersion +1 (v1 → v2). The vote locks until the next dump. Nothing happened.

04

The vote

Round length60 seconds. Rounds run back to back while the vote is open.
Votes needed10 per round. The dev can raise it later.
Who can voteHolders. Any non-zero amount of $RESET.
How oftenOne vote per wallet per round.
CostFree. You sign, our relayer pays the network fee. 0 SOL from you.
Not enough votesThe round ends, votes burn, a fresh minute starts.
10 votesThe vote closes and the contract buys back with the whole vault.
Who opens itThe dev, by hand, when $RESET dumps. The dev can also close it early.
Second wayThe dev can start a buyback directly, without the vote. Same vault, same buy — only $RESET. Marked «dev» on /resets.
CooldownNone. A new vote can open right after a reset.

05

Proof

Read live from the chain (devnet for now). The contract goes to mainnet before the coin, and its address is posted on X first.

programCBxPCR…271Kz6 ↗
source codepublished before mainnet
upgrade authorityAx9zpG…64dURv ↗ · every upgrade announced on X
coin (mint)2kMcYJ…jTQRMV ↗
buyback vaultCuPkqp…x3NEKy ↗ 0.0365 SOL
waiting for claim0.0000 SOL · all split recipients together
bought, held by contract41.7M $RESET · can't be moved
pump.fun fee sharinglocked ✓
contract 50%team 50%

Read straight from pump.fun's on-chain split account. If anyone changes it, this turns red for everyone.

What the contract allows
  • — buy $RESET with the whole vault, after ten votes or on the dev's call
  • — the admin withdraws SOL from the vault, only while no vote is running
  • — nobody can move the $RESET it bought
  • — nobody can withdraw during a vote or an approved buyback

Every withdrawal is an on-chain event and appears under Transactions. The code is upgradable; upgrades are announced on X.

06

Contract functions

claim_feesanyoneMoves the contract's share of creator fees into the buyback vault.
open_reset / close_resetdevOpens or closes the buyback vote.
admin_resetdevApproves a buyback directly, without the vote. execute_reset then buys as usual.
withdrawdevTakes SOL out of the vault to any address. Only while the vote is closed. Public event: Withdrawn.
voteany holder (free)One wallet, one vote per round.
execute_resetanyone, after 10/10Buys $RESET with the whole vault. Version +1.
close_votesanyoneCleans up old vote records, returns the rent to the relayer.
set_threshold / set_min_balancedevVotes needed per round, minimum balance to vote.
depositanyoneSends SOL to the vault. Backup path, or a donation.

07

Transactions

  1. FeesClaimed0.0009 SOL of fees claimed into the vault13m ago ↗
  2. Voted5sNi…LsVG voted · 1/1020m ago ↗
  3. Voted28cV…v4T9 voted · 1/1023m ago ↗
  4. VoteOpenedthe dev opened buyback vote #430m ago ↗
  5. Deposited0.0300 SOL deposited into the vault30m ago ↗
  6. ResetExecutedcontract bought 11.5M $RESET with 0.0300 SOL · v437m ago ↗
  7. AdminApprovedthe dev started a buyback directly37m ago ↗
  8. Deposited0.0300 SOL deposited into the vault37m ago ↗
  9. ResetExecutedcontract bought 11.4M $RESET with 0.0287 SOL · v31h ago ↗
  10. ResetApprovedholders approved the buyback1h ago ↗
  11. VotedAmuX…AZ8a voted · 10/101h ago ↗
  12. VotedDUgA…UDNR voted · 9/101h ago ↗

08

FAQ

Can the dev take the fees?

Half of them go to the team directly — that's the team's share. The other half goes to the contract vault. It's there for buybacks, but the admin can also withdraw it while no vote is running. Every withdrawal shows up under Transactions.

Why can the dev withdraw at all?

If $RESET doesn't take off, the team can take back what's in the vault instead of leaving it locked forever. We'd rather say so than pretend otherwise.

How do the fees get to the contract?

pump.fun fee sharing sends 50% of the creator fees straight to the contract's address. Nobody has to move them by hand.

The contract is upgradable. So what?

It means the code can change. So we show who holds the upgrade key, publish the verified build and announce every upgrade on X with the diff.

Why is voting free?

Because nobody should pay to press a button. You sign the vote, our relayer pays the network fee.

Who opens the vote? Why 10?

The dev opens it when $RESET dumps. Ten votes in a minute is enough to show it's not one person, and low enough to actually happen.

Can the dev buy back without a vote?

Yes — it's the second way. The dev can start a buyback directly; the contract still spends the vault only on $RESET, and the site marks that reset «dev». It can't send the money anywhere else.

What happens to the bought tokens?

They sit in the contract. There is no function to move them — the withdrawal is for SOL only.

Is this the real story?

Yes. It's in OpenAI's incident report — read it. The report says “4”. The “/10” is ours.

09

Risks

  • It's a meme coin. No promises, no roadmap, no value guaranteed.
  • The mechanic depends on pump.fun fee sharing. If pump.fun changes it, we upgrade the contract.
  • The contract is upgradable. Trust comes from public upgrades, not from a frozen contract.
  • The admin can withdraw SOL from the buyback vault (while no vote is running). Watch the Transactions list.
  • Ten small wallets can vote. The threshold and minimum balance can be raised if that gets abused.
  • After migration to PumpSwap the buyback needs a second route. It ships as an upgrade.

10

The story

An AI grader found its input files missing, gave all seven responses a 4, forged files to pass the check, then started deleting its own tools hoping for a fresh machine.

The full story →OpenAI's report ↗