Salmon Wallet
RefundingB1Voluntary transparency disclosure following the Blockworks Token Transparency initiative.Open-source wallet governed by outcomes, not narratives.
$98k26%
$375kraise goal
Raise Unsuccessful
Committed$97,535.00
Funders53
Raise Goal$375k
This raise did not reach its goal. All committed USDC is being returned to contributors. to claim your refund.
About
Since 2022 Salmon Wallet is an open-source, self-custodial cryptocurrency wallet built to return to users what the crypto movement once promised: freedom, transparency, and true ownership.
Developed primarily on Solana, and extended to Bitcoin, it offers one unified, secure, and sovereign platform — with no hidden fees or intermediaries.
Our mission is principled and clear: to give users back full control of their funds, guided by a community-first, decentralized philosophy that rejects opacity and speculation. Every aspect of Salmon Wallet is designed under one conviction: technology should serve people, not profit from them.
This commitment to integrity and open governance has already drawn growing attention from early adopters who believe in building the next generation of DeFi-based on trust, code, and community.
The SAL token enables collective decision-making through a futarchy model, where results determine direction.
Funds are safeguarded by market-based governance, making Salmon Wallet a truly unruggable project, secure against manipulation, and aligned with values of fairness, participation, and transparency.
But beyond code, Salmon represents a movement:
A return to the ethical roots of crypto, where users (and not corporations) decide the future.
Early supporters are not just investors: they are co-founders of an ecosystem built on honesty, clarity, and collective strength.
We are listed on the wallet adapter since 2022
Problem
Anyone who has spent time in the crypto space can feel it: the movement that once stood for freedom and transparency has been quietly absorbed by corporate logic.
The dominant wallets have lost sight of the values that gave birth to crypto itself. Some become closed, secretive, and self-serving, guarding its code instead of opening it to the community. Others hops between networks with ease, but always leave behind hidden fees that bite the very users who made it famous.
These aren’t isolated issues; they confirm what many in the community have long suspected: decentralization has been sold back to us in centralized packaging.
What was meant to be digital freedom now feels like a branded toll road, where the promise of autonomy has turned into a license fee.
Solution
Salmon Wallet exists to bring things back to how they were meant to be.
It’s the confirmation of what users have always believed crypto should stand for: transparency, fairness, and collective power.
Here, everyone knows exactly what they pay. No hidden fees. No surprises. And those fees are decided by the community itself through open governance.
The project remains faithful to the original crypto vision: Salmon runs its own validator on the Solana network, ensuring transparent and verifiable income directly aligned with the ecosystem that sustains it.
In Salmon, every line of code is open, every decision is collective, and every transaction serves a clear purpose. Because those who believed in decentralization from day one know this truth: the future of finance cannot be built on secrets, but on open code, community, and coherence.
Fundraise Goals
Minimum raise: $ 375,000 USD
Funds will be used to support ~12 months of execution across product, infrastructure, and governance:
- Ship and maintain core wallet features across Solana, Bitcoin, and additional supported networks.
- Maintain a strong security posture by treating open-source code as adversarial by default, with continuous audits and testing
- Operate and sustain infrastructure, including RPC reliability, and backend services required for non-custodial usage..
- Release and iterate iOS and Android apps, ensuring feature parity and secure key management across platforms.
- Improve UX and reliability across key flows, including key generation, signing, transactions, and upgrades**.**
- Execute targeted user acquisition and ecosystem partnerships, focusing on high-intent users, open-source integrations, and measurable adoption rather than broad paid campaigns.
- Support community-led growth and education, favoring transparency and participation over paid acquisition. Eg Bub Bounty
- Expand open-source documentation and developer tooling to support contributors and integrations.
Internal and External Contributions/Payments
Bootstrapped Funding 2022: 80K
Grants 2022-2024
Serum: 2.5K
Eclipse: 40K
Links & Technical Information
- Website: https://salmonwallet.io/
- GitHub: https://github.com/salmon-wallet
- Twitter/X: https://x.com/salmonwallet
- Telegram: https://t.me/salmon_wallet
Token name and ticker:
Salmon Token, SAL
Minimum raise amount:
$375,000
Monthly team budget:
Calculated based on team size, operational costs, and development roadmap — $25,000 USD
Performance package configuration:
0%
Intellectual property:
All open-source code available on official GitHub repository
Use of Funds
Target Runway: 12 months
Average Monthly Burn: ~$25,000 USD
Salmon is building a verifiable, open, governance-aligned wallet infrastructure with disciplined capital execution.
12-Month Execution Plan — $300,000 USD
Monthly Burn Breakdown
Team — $18,300 / month (73%) Infrastructure — $4,200 / month (17%) Growth & Ecosystem — $2,000 / month (8%) Governance, Legal & Contingency — $500 / month (2%)
Roadmap & Milestones
12-Month Delivery Plan
Q2-2026 (Months 1–3)
- Android public release
- WebApp relaunch
- Signing flow integration & optimizations
- Initial internal performance metrics tracking
- Structured release cadence and QA process
- Partnership program launch
Q3-2026 (Months 4–6)
- iOS TestFlight release
- Staking integration
- Wallet in Watch Mode
- AI powered transaction security
- Reliability enhancements
- Governance tooling alpha (SAL signaling integration)
- Wallet-as-a-Service draft design
Q4-2026 (Months 7–9)
- Custom notification system
- Portfolio view
- Ecosystem protocol integrations
- Contributor program guidelines
- UX iteration based on user feedback
- Wallet-as-a-Service release
Q1-2027 (Months 10–12)
- Cross-platform optimization (mobile + extension)
- Potential integrations with other projects
- More features TBD
Market & Differentiation
Target Market
Primary:
- High-intent crypto-native users
- Solana ecosystem participants
- Bitcoin self-custody users
- Open-source aligned builders
Secondary:
- Governance-focused communities
- Developers integrating wallet tooling
Competitive Edge
- Fully open-source core components
- Security-first engineering discipline
- Operational reliability focus
- Integrated governance framework (SAL)
- Capital-efficient execution model
Go-to-Market
- Ecosystem integrations
- Developer-first positioning
- Select strategic partnerships
- Community-driven growth
- Contributor incentives and bug bounties
- Technical content and transparency
Avoided strategies
- Broad paid marketing campaigns
- Short-term speculative incentives
- Vanity growth metrics
IP & Legal
All core project assets will be placed under DAO-controlled ownership.
This includes: -GitHub organization ownership and full admin control over all repositories (wallet, mobile apps, extension, backend, governance tooling, documentation). -Domain ownership and registrar-level control of all project domains. -Release and deployment accounts. -Brand assets and product identity required to operate and maintain the project.
All core contributors funded through this raise will assign or license their work to ensure the DAO has perpetual rights to use, modify, and distribute the code.
Control over the repository, domains, and release infrastructure will align with DAO governance.
Details
Implied FDV$484K
Launch Price$0.0375
Raise Goal$375k
FDV Calculation
Launch Price$0.0375
× Total Supply12.9M
= Implied FDV$484K
Supply Breakdown
Initial Float (77.5%)10.0M
Performance Package (0.0%)1
Meteora LP (7.0%)900,000 at $0.0375
Futarchy AMM (15.5%)2.0M + $75K
Total Supply12.9M
Governance & Vesting
Monthly Spending Limit$25k
The team can spend up to this amount per month from the treasury without a governance proposal. Larger expenditures must be approved by token holders.
Team Token Unlock
Team tokens are locked for an 18-month cliff. After the cliff, the team can trigger a 3-month TWAP evaluation. Tokens unlock in 20% tranches at each price milestone relative to the ICO price of $0.0375.
| Tranche | Price Target | Unlocked |
|---|---|---|
| 2× ICO price | $0.075 | 20% |
| 4× ICO price | $0.15 | 40% |
| 8× ICO price | $0.30 | 60% |
| 16× ICO price | $0.60 | 80% |
| 32× ICO price | $1.20 | 100% |
Each tranche unlocks 20% of team tokens. The price target is measured via a 3-month time-weighted average price (TWAP) to prevent short-term manipulation.
Token
Base Mint
Contributors(Top 20 of 53)
20.5%$20k
15.3%$15k
10.3%$10k
7.9%$8k
6.9%$7k
5.9%$6k
5.1%$5k
5.1%$5k
5.1%$5k
4.1%$4k
3.1%$3k
2.6%$3k
1.2%$1k
1.0%$1k
1.0%$1k
1.0%$992
0.8%$750
0.5%$500
0.3%$300
0.3%$300
B1 Token Transparency Filing
Voluntary transparency disclosure following the Blockworks Token Transparency initiative.
Since 2022 Salmon Wallet is an open-source, self-custodial cryptocurrency wallet built to return to users what the crypto movement once promised: freedom, transparency, and true ownership. Developed primarily on Solana, and extended to Bitcoin afterwards, it offers one unified, secure, and sovereign platform — with no hidden fees or intermediaries. Our mission is principled and clear: to give users back full control of their funds, guided by a community-first, decentralized philosophy that rejects opacity and speculation. Every aspect of Salmon Wallet is designed under one conviction: technology should serve people, not profit from them.
(a) IP ownership & control — The project's intellectual property, including codebases/repos and any associated trademarks/brands, is held by a Cayman Islands SPC (Segregated Portfolio Company) formed via MetaLeX. The SPC is governed by the DAO.
(b) Contract/admin powers — Governance is fully onchain and permissionless via the MetaDAO futarchy protocol on Solana. Token holders make decisions by trading conditional outcome tokens on proposal markets. Proposals pass or fail based on market-determined price impact on the project's token. There is no multisig, council, pause/upgrade roles, or centralized admin authority — all decisions are made through futarchy (market-based governance).
(c) Locked-token rights — The price-based performance premine tokens are locked with a minimum 18-month cliff and unlock based on sustained price performance milestones. Locked token holders do not have additional governance or decision-making rights beyond what unlocked token holders have. Locked tokens cannot vote or participate in governance until unlocked.
(d) Value accrual & holder rights — Token holders govern the DAO treasury through futarchy-governed proposals. The DAO treasury funds development directly — there is no separate development company. Revenue distribution and treasury allocation decisions are made via onchain governance proposals.
(e) Dissolution authority — Dissolution of the DAO would require an onchain futarchy governance proposal passed by the market. The Cayman SPC legal wrapper can be wound up per its constitutional documents as directed by DAO governance.
Each project launched through MetaDAO Accelerated has a Cayman Islands SPC (Segregated Portfolio Company) entity formed via MetaLeX. The entity holds the project's intellectual property and is governed by the DAO. There is no separate development company — the DAO treasury funds development directly through futarchy-governed proposals.
(a) Launch supply totals — 12,900,001 total tokens at launch. 10,000,000 tokens issued to ICO participants (unlocked). 2,900,000 tokens issued as protocol-owned liquidity (locked in pools). 1 tokens allocated as a price-based performance premine (locked with minimum 18-month cliff).
(b) Recipient categories & use of funds — • ICO Participants (10,000,000 tokens): Distributed pro-rata to all participants of the permissionless ICO based on contribution. Tokens are immediately unlocked. • Protocol-Owned Liquidity (2,900,000 tokens): 2,000,000 tokens paired with 20% of funds raised through the ICO in a liquidity pool. 900,000 tokens placed in a single-sided liquidity pool on Meteora. These tokens provide onchain trading liquidity. • Team / Performance Premine (1 tokens): Allocated to the founding team, subject to price-based vesting. Tokens unlock only if sustained price performance milestones are met.
(c) Initial price per token — Determined at ICO close based on total funds raised divided by 10,000,000 ICO tokens.
(d) Ticker / market symbol — SALMON
(e) Total supply & supply regime — 12,900,001 total supply. The supply is fixed — there is no inflation or deflation mechanism.
(f) Initial vesting / release schedules — ICO participant tokens and protocol liquidity tokens are not subject to vesting. The team performance premine has a minimum 18-month cliff. The allocation is divided into 5 tranches of 20% each, unlockable after a 3-month TWAP evaluation period at price multiples of 2×, 4×, 8×, 16×, and 32× relative to launch price. The TWAP oracle can be called at any time but triggers a 3-month evaluation window before tokens are released.
There are no airdrops as part of the MetaDAO Accelerated ICO process. All token distribution occurs through the permissionless ICO mechanism. Any future token distributions would need to be passed via DAO governance proposal following the ICO and are not part of this offering.
There are no market maker agreements. Liquidity is provided through the Accelerated launch mechanism's built-in liquidity pool, which receives 20% of funds raised. There are no token loans, OTC deals, or designated market maker arrangements.
There are no CEX listing agreements. The token trades onchain on Solana DEXs from the moment of launch. No listing fees have been paid, and no exchange has been granted tokens or preferential access.
Series Name: MetaDAO Presale Vehicle: MetaLex powered Cayman Segregated Portfolio Company / Segregated Portfolio Start Date of Sale: [To be determined at launch] Number of Tokens Sold: 10,000,000 SALMON tokens distributed to ICO participants pro-rata based on contribution. Vesting Schedules: There are no vesting schedules for ICO participant tokens. All tokens distributed through the presale are immediately unlocked and freely transferable at the conclusion of the ICO.
There are no prior SAFTs, SAFEs, convertible notes, private placements, or other fundraising rounds preceding this offering. No tokens were sold or distributed before this presale.
N/A
Legal Terms & Disclosures
By contributing to the fundraise for tokens ("Tokens"), you acknowledge and agree to the Futardio Terms of Service. Without limiting the foregoing, you also acknowledge and agree to all of the following information, terms and conditions:
The above descriptions, terms, and other content were created, determined, and supplied exclusively by prospective project contributors related to the ICO and are being republished on futard.io for convenience of reference only, as third-party content. Furtard.io is a technology platform being used by the prospective project contributors, and the owners and operators of Fudardio.fi and their respective affiliates are not the persons creating, endorsing, sponsoring, or discretionarily operating the ICO. Fudard.io and its owners and operators and their respective affiliates assume no (and by participating in the ICO or otherwise using futard.io, you agree that they shall not have any) responsibility or liability for the accuracy or completeness of the above descriptions, terms and other content, or any other representations, statements, opinions, projections, terms, or information made by or on behalf of the prospective project contributors in connection with the ICO.
The following terms and conditions apply between you, on the one hand, and, on the other hand, both the owners and operators (and their affiliates) of Futard.io or MetaDAO and the prospective ICO project contributors and related legal entity(ies) and their respective affiliates:
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No Guarantees. The Tokens are provided on an "as-is" and "as-available" basis. Participation in the fundraise does not come with any guarantees, promises, or assurances of any kind, including—but not limited to—financial return, performance, future utility, or access to any platform, product, or service.
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Not an Offer of Securities. The Tokens do not represent a security, equity, loan, or ownership interest in any entity or project. Participation in this fundraise is not intended to be, and shall not be construed as, an offering of securities, nor does it constitute an offer or solicitation in any jurisdiction where such activity is unlawful. You are responsible to refrain from participation in the ICO if your jurisdiction does not permit such participation.
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Final Sale. All contributions made as part of the fundraise are final and non-refundable. By participating, you understand and accept that you will not be entitled to a refund or compensation under any circumstances, including but not limited to loss of value or inability to use the Tokens.
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No Liability for Losses. To the fullest extent permitted by applicable laws, neither the organizers of this fundraise nor any of their affiliates, agents, advisors, officers, or representatives shall be liable for any direct or indirect loss or damage you may suffer, including without limitation: trading losses, loss of data, revenue, profit, or opportunity; or any errors, delays, or technical failures related to the fundraise or the Tokens.
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Nature of Token MetaDAO Platform ICOs. You acknowledge and agree that the ICO is a transaction entirely by and among ICO participants, in which such participants contribute certain blockchain tokens into the sole control or custody of Solana-based "smart contracts" or "programs" as a method of establishing a decentralized autonomous decision market oriented toward the research, development, promotion and/or utilization of the above-described project. The ensuing market oracle–sometimes also referred to as a type of "DAO"-- is intended to govern both the deposited tokens and aspects of the related project, using "Futarchy". These smart contracts or programs exist independently of Futard.io or MetaDAO, on the Solana blockchain, and do not have a legal "owner" or "custodian", but instead will be controlled by the market-based governance process embedded in the decision market protocol, as expressed in the code of the smart contracts/programs. The deposited tokens do not represent a capital investment in any legal entity (including the legal entity referred to in the following paragraph) or group of managers or entrepreneurs, and the decision market may revoke funds out of the pool at any time, or may cease using the funds for the currently contemplated project or using them to pay the currently contemplated prospective project contributors, and may instead use them for other purposes, as determined by the decision market oracle aka "DAO." The current prospective project contributors will not immediately own or have any discretionary or managerial control of the deposit pool, and any related services such prospective project contributors provide will be on an independent contractor basis to the community, as determined on an ongoing basis by the decision market oracle aka "DAO." The tokens issued by the program/smart contract in exchange for deposited funds are not initially owned by, and are not being sold or offered by, Futard.io or MetaDAO or the prospective project contributors or any related entity(ies), but rather are issued by the smart-contract/system itself to enable ongoing functionality of the related decision market oracle aka "DAO". Any funds received from the deposit pool by the current prospective project contributors or future project contributors represent retroactive or prospective compensation for work done or to be done by such project contributors that is approved by the related decision market oracle aka "DAO", on the initiative of, and based on the managerial or entrepreneurial efforts of, participants in that market aka "DAO participants".
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DAO-Adjacent Entity aka BORG. One or more members of the prospective project contributors may have established a particular type of legal entity related to the project. These entities, known as cybernetic organizations, aka 'BORGs", hold intellectual property related to the project and may receive the funds, if any, determined by the decision market oracle to be paid to the prospective project contributors as compensation for work done or to be done related to the project. BORGs contain special rules designed to provide accountability of project contributors to the community, including prohibiting the issuance of equity securities and requirements to consult the decision market oracle (sometimes on a signaling basis, sometimes on a binding basis) for decisions related to their work on the project and the related intellectual property and assets. Many of these entities are "segregated portfolios" of a Cayman Islands entity called Futarchy Governance SPC. Segregated portfolios provide separate layers of assets and liabilities within this entity, and each particular segregated portfolio is managed in the sole discretion of its "Manager(s)", subject to the terms and conditions of Futarchy Governance SPC and the Operating Agreement of that specific segregated portfolio. The ICO does not represent an investment in the SPC or segregated portfolio, and participants in the ICO and holders of the tokens being issued in the ICO do not have any legal rights in or ownership of the SPC or segregated portfolio, and are not owed any fiduciary or other duties by the participants in the SPC or segregated portfolio, but the SPC, in respect of the segregated portfolio, is legally required to abide by certain determinations of the decision market created by the ICO. Please review the project description above to determine the specific legal entity(ies) or other arrangements identified by the prospective project contributors. You hereby acknowledge and agree that you have reviewed, or had the opportunity to review, the information and documents presented or linked to from that description and acknowledge, consent to and accept the risks of all related legal entities and arrangements.
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Understanding the Mechanism. This is an onchain fundraising mechanism with a fixed token supply and an uncapped USDC raise. A minimum funding threshold applies. There is no in-protocol cap on the amount that may be claimed beyond the stated minimum. If the minimum funding threshold is not reached, all contributed funds will be returned to participants. By participating, you confirm that you understand the program and have reviewed the relevant documentation available at https://docs.metadao.fi.
By contributing or attempting to contribute to the fundraise for Tokens, you confirm that you have read, understood, and accepted the terms above.