Placebo
works because you believe it works.
$PLCB on Solana. One billion sugar tablets with nothing inside, poured whole into a locked pool. Read all of this leaflet before you take any.
how to take it ↓What Placebo is
Placebo is a token that does nothing, on purpose. It has no utility, no roadmap and no team allocation. Its only effect is the one you expect from it. Clinical studies of placebos report the same thing every time: some people feel better anyway.
What it contains
| Active ingredient | none |
| Supply | 1,000,000,000 $PLCB, 6 decimals |
| Mint & freeze authority | revoked in the creation transaction; nobody can mint more or freeze a wallet |
| Metadata | Metaplex, immutable |
| Where the supply is | 100% deposited one-sided into a Meteora DAMM v2 pool ($PLCB/SOL); the deployer keeps none |
| Opening price | 3.2e-8 SOL per tablet (mc 32 SOL); behaves like constant product with a 32 SOL virtual reserve: mc = (32 + SOL in)² / 32 |
| Example | after 10 SOL net goes in, mc ≈ 55.1 SOL; after 50 SOL, ≈ 210 SOL |
| LP position | permanently locked at creation (permanentLockPosition); liquidity can never be withdrawn by anyone |
| Swap fee | 50% at open, wearing off to 1.00% over 10 minutes, collected in SOL only |
| Who gets the fee | 80% the LP position holder (the deployer wallet), 20% Meteora protocol |
Possible side effects
Very common in the first minute: a very large fee. The pool opens at 50% and the fee halves roughly every 106 seconds until it settles at 1.00%.
This is aimed at sniper bots that buy in the opening block and sell into the first buyers. If you are not a bot, wait ten minutes. The side effects wear off.
Fees paid during this window go to the same place as all fees: 80% to the deployer wallet, 20% to Meteora.
Anyone buying in the first seconds pays up to half the trade as fee. It drops about 6.3% (relative) every 10 seconds and sits at 1.00% from minute ten on. The rule is written into the pool at creation and cannot be changed.
The seal
| unlocked liquidity | 0 |
| permanently locked | 100% |
| held by | 86Sder…X9P7Uj |
| holder can | claim fees only |
The pool is opened and locked in one transaction. After that the position NFT holds liquidity that the program refuses to release. We tried, on devnet, three ways: every one was rejected with InsufficientLiquidity.
The holder of the position, the deployer wallet, can claim swap fees. That is the only thing it can do with it.
Locked liquidity does not stop the price from falling. Anyone holding $PLCB, including any wallet that bought, can sell at any time.
How to take it
Pharmacist (deployer) wallet: 86Sder…X9P7Uj
| tablets in the pool | 1,000,000,000 |
| SOL in the pool | 0 |
| market cap at open | 32 SOL |
| status | reading… |
Warnings
- ⚠This token has no active ingredient. It does not do anything.
- ⚠Nothing on this page is a promise about price. Memecoins usually go to zero.
- ⚠The deployer wallet receives 80% of every swap fee for as long as the pool trades.
- ⚠The deployer makes one buy worth $42 in SOL from a separate wallet it funds, only after the fee has reached its 1% floor, and may sell it at any time.
- ⚠The LP is locked, not burnt. The position NFT exists and sits in the deployer wallet, but its liquidity cannot be withdrawn.
- ⚠Only spend what you can lose. If symptoms persist, close the chart.