Questions before you clip in.
Short answers. The rules are the code: the engine is one public file, the same on the server and in your browser.
Who decides if a slice burns?
Nobody. At each check Leash reads the chain: among the wallets that held at least 0.01% of supply at the previous check, what share still holds at least half of its balance. Under 70%, the slice burns. At 70% or more, it is released to the dev. Same history, same result.
What counts as a holder?
A wallet. Pools, programs and platform accounts are not holders. Snipers from the first blocks are: if they dump, the leash pulls. Retention is weighted by balance with a cap at 0.5% of supply, so neither a whale nor a farm of small wallets decides alone.
Can the dev slip the leash?
The dev pre-signs one burn per slice at launch, in their own wallet. If they sell into the reserved bag, or more than 25% of their free bag before the 24 h check, every remaining slice is condemned. A slice whose burn can no longer happen shows as VOID, in red, on the coin page.
Does Leash hold funds or take a fee?
No. There is no treasury, no vault and no site wallet. The launch runs through the dev wallet on StonkFun (Raydium LaunchLab). Trades pay 1% to StonkFun and 0.25% to Raydium, and 0% to the creator.
What happens when a slice is released?
Its pre-signed burn is dropped and the slice becomes part of the dev's free bag. The coin page shows it as RELEASED, with the check that earned it. Every later dev sale is listed with its timestamp.
Why is the first check at 30 minutes?
Because holders leave in minutes, not days. Eight checks follow at 30 min, 1 h, 2 h, 4 h, 8 h, 24 h, 3 days and 7 days, each heavier than the last.