$UNBAG — TRANSPARENCY DOCUMENT

$UNBAG is the token of unbag.me, launching on pump.fun (Solana). Before launch, a private contribution round was run with a small invited group. This document discloses everything about that round: who holds what, at what entry, under what lock, where every dollar went, and what the treasury does next. All of it is verifiable on-chain.

We build a scanner that flags hidden insider supply on other people's tokens. Ours gets the disclosure we wish every token had.

This section corrects the page. Until September 9 this document said "insider position 10.78%, 100% listed" and "there is no team allocation outside this table." Both were false. At launch the operator made a coordinated buy across 15 wallets that was not disclosed here. What follows is the whole of it, read from chain 2026-09-08 20:38 UTC.

What happened, in order (all September 8, 2026, UTC):

• 09:51:59 — 18 fresh wallets were pre-funded with 4.2469 SOL in total from the launch wallet JBHyPJLEet8gE3QmCRjPLV5ZYdRT45JPFe8YCRQCg53L: https://solscan.io/tx/XEXTXgwpfmfzyfvThTN2QaHH35UNMJVSexNZ56tsb5gU2pyM9vfGNx7ZdFJqhupjzTq5kevBts5mxD7D982ZhXh
• 11:47:03 — 1,000 USDC moved from the treasury vault to JBHyPJLEet8gE3QmCRjPLV5ZYdRT45JPFe8YCRQCg53L. This was funding for the launch-reserve buy, not operator fees: https://solscan.io/tx/4bcBPkYUhbPTr3UoGr8r7bc5goqbqUb5HtRucjFgUTwGbgiDaJagpZJkwNvdMYeMsKDKySbWAZEAUUiokhaEUgiK
• 11:47:29 — the 1,000 USDC was swapped to 9.634 SOL: https://solscan.io/tx/ww4prjSW6q8yomFC1aerhRP1DT8J3GqDiSsV3dzL5SexatRfJmWpHDqmvgjKPasyYL9RfL5y7Cv2JJt5bfHaBAq
• 11:49:14 — 9.506 SOL was sent to the same 18 wallets, ~0.5 SOL each: https://solscan.io/tx/fYuNfEEoUcdJyTmNPZEVc2iDTGn6xCtVjrvbQbgxNDjgufm2n4ovZH8C5m76GK7nFwBLqAc4KCdn9TYDK1x4uZ9
• 11:54:47 — token created. 11:55:20–24 (slots +106 to +118) — 15 of the 18 wallets bought on the bonding curve in one batch. Acquired: 215,984,901.478544 UNBAG, 23.10% of the current supply of 935,131,528.700895. The other 3 wallets never bought.
• 19:38:56–59 — all 15 balances were sent back to JBHyPJLEet8gE3QmCRjPLV5ZYdRT45JPFe8YCRQCg53L in 15 transfers into its token account DTRtnTX3t13fhVZoL4SVTKauzPrQu572Jq7LMbZh4Gdb; every one of the 18 wallets now holds zero UNBAG and zero SOL.

Disposition of the 215,984,901.478544 — every token accounted for:

• Burn stream: 168,000,000.000000 UNBAG to the incinerator 1nc1nerator11111111111111111111111111111111 — hourly, 194,444.44 per hour for 36 days, September 8 20:25 UTC to October 14 20:25 UTC, delivered automatically by the Streamflow keeper, cancellable by no one (cancelable-by-sender false, cancelable-by-recipient false). Contract: https://app.streamflow.finance/contract/solana/mainnet/5GnRJ79Rvaz6KmFqMmPUJeo1viPPh7iFiHQaUSciftx2. The incinerator address is provably keyless: it is off the ed25519 curve, so no private key can exist for it. Delivered tokens are unspendable, but they do not reduce the supply figure — see the supply reconciliation below.
• Founder reserve: 47,565,308.392598 UNBAG to 3CnGSbSD7qJ72CwzXj4AdaVPEA2vQVf1kgK6J4rEBuoF — linear, no cliff, per second over 91 days, September 8 20:33 UTC to December 9 02:33 UTC, cancellable by no one, claimed by the recipient as it vests. Contract: https://app.streamflow.finance/contract/solana/mainnet/2hCYXPBC66ayRT4oRp7Lgdhb9awZjSu6Vr4FPmMsszm9
• Streamflow deposit fees, 0.19% per stream, paid from the reserve: 319,200.000000 on the burn stream + 90,374.085945 on the founder reserve + 19.000000 on the test below.
• Delivery test: 10,000.000000 UNBAG to the incinerator — a one-second stream, auto-delivered, run before the 168,000,000 was committed to prove that tokens streamed to the incinerator land in an account no one can sign for. Contract: https://app.streamflow.finance/contract/solana/mainnet/HeisupiNXSZn4SfLD2eDP8Muh89pTTfsRyUdqwucwZW7
• Residual in JBHyPJLEet8gE3QmCRjPLV5ZYdRT45JPFe8YCRQCg53L: 0.000001 UNBAG.

Arithmetic: 168,000,000.000000 + 319,200.000000 + 47,565,308.392598 + 90,374.085945 + 10,000.000000 + 19.000000 + 0.000001 = 215,984,901.478544. It closes to the base unit.

Operator statement: "At launch I made a coordinated buy across 15 wallets, ~23% of current supply, to prevent anyone from taking 5% of the token for under $100 at a $3.5K market cap and farming the late buyers. I did not disclose it, and the page said there was no allocation outside the table. That was wrong. 16.8% of the original 1,000,000,000 is now streaming to the keyless incinerator address, the rest is locked for 90 days, and no token from any wallet I control has been sold. Every wallet and contract is above."

• No launch date or time will be announced. Anywhere. To anyone.
• The only real $UNBAG contract address is the one posted by @UnBagMe and mirrored on unbag.me. Any $UNBAG you see before that post, or under any other address, is fake. Do not buy it.
• $UNBAG will be scanned on unbag.me publicly the day it launches — flags and all. The scanner token takes its own scan.

• Ran August 19–23, 2026 at a gated page, access by invitation code. Contributions in SOL (at a flat $75.00 book rate, fixed for the whole window) or USDC (1:1).
• Ladder pricing — entry improves with contribution size: $100–$999 → $250K FDV · $1,000–$1,999 → $175K · $2,000–$2,599 → $150K · $2,600+ → $130K.
• Hard cap: 2% of the original 1,000,000,000 (20,000,000 tokens) per participant. Contributions above $2,600 did not increase allocation — effective entry rose instead, no refunds.
• Ceiling: 20% of the original 1,000,000,000 (200,000,000), first-come.
• Result: 8 participants · $15,319.26 raised · 107,838,173 tokens allocated · 53.92% of the ceiling. 7 issued codes went unused. The round did not sell out, and that's disclosed rather than dressed up.

Four operational incidents occurred during the window (payment-rail edge cases and one duplicate commitment). All were resolved with zero funds lost; one participant was refunded in full — 23.307210659 SOL, exact to the lamport — and chose to re-participate in USDC. The complete vault ledger reconciles to zero residual across its entire history.

Frozen August 24, 2026 after on-chain reconciliation (every allocation recomputed from actual received amounts, all corrections upward or neutral). No row changes after freeze, ever.

Totals: 107,838,173 tokens (10.78% of the original 1,000,000,000) · $15,319.256377.

Participants are listed anonymously by default and can recognize their own row by receiving wallet. Any participant may claim their row publicly — name or pseudonym, their choice — at any time; rows are never named without the participant's request.

Integrity: the frozen table carries an internal sha256 fingerprint recorded at freeze; distribution amounts and destinations are read exclusively from the frozen record, and the vesting contracts published at launch will match this table row for row — publicly checkable.

• 25% of each allocation unlocks at migration — the moment $UNBAG graduates from the pump.fun curve to PumpSwap.
• 75% of each allocation streams linearly over 90 days (per-second, via Streamflow), starting at migration.
• Delivered as on-chain vesting contracts to the receiving wallets above.

Vesting contracts (Streamflow, live since migration on September 8, 2026):

• Participant 1 — https://app.streamflow.finance/contract/solana/mainnet/AWzj8RS3GKoZDeXRQ4NtPmvfhaEhGpuJonmmyf1JAhNA
• Participant 2 — https://app.streamflow.finance/contract/solana/mainnet/rfNQecuXosp58yFxfooxgMbxizZbFLc3CCs1onyGVwe
• Participant 3 — https://app.streamflow.finance/contract/solana/mainnet/2P4NAoH5AiuXG4p9nxMTuhfPHxpZ6Whb2aTRUmosLjHD
• Participant 4 — https://app.streamflow.finance/contract/solana/mainnet/FRBDk2t7xGkSoDbwfFMaEih61Gss8mpZq9TpFzZhWzUB
• Participant 5 — https://app.streamflow.finance/contract/solana/mainnet/7vLdCrXbwr2Z27B524BbkqDU6aXcH56wiVfirmA94yVC
• Participant 6 — https://app.streamflow.finance/contract/solana/mainnet/74x2a6QFhiCngsUyHiUCKtmnDH1XBEeGvEX3B5RPDutT
• Participant 7 — https://app.streamflow.finance/contract/solana/mainnet/BP7UGD2Dv2bceJhNJKy2452FyDfk7QEpA2RmEv8YLFWf
• Participant 8 — https://app.streamflow.finance/contract/solana/mainnet/NZVLPDDyRpBZKi1tgNJuWt43MHhQo3wmbiouB1u8NvP

No participant can dump an unvested token. Operator-controlled positions outside this table are disclosed in the launch reserve section and the corrected position table.

• Total supply: 1,000,000,000 (standard pump.fun).
• The creation transaction was planned to include a dev-buy of 108,916,555 tokens (~10.89% of the original 1,000,000,000, ~3.42 SOL) — the allocation total plus a ~1% buffer on that total so vesting transfers never come up short. On-chain, the creation-transaction buy came to 124,858,181.763706 tokens (~4.01 SOL including creation fees), and a second purchase 100 seconds later, made on the curve like any other buyer, added 9,534,774.309387 tokens (~0.69 SOL) — a deployer total of 134,392,956.073093 tokens (~13.44% of the original 1,000,000,000): the planned 108,916,555 plus a discretionary 25,476,401.073093 bought at launch. At migration, 108,043,065.5287 tokens funded the 8 vesting contracts — the 107,838,173 allocated plus Streamflow's 0.19% deposit fee on each stream, paid from the buffer, so every participant's contract holds their full allocation — leaving 26,349,890.544393 UNBAG in the deployer wallet. Post-distribution buffer burn: complete. 26,349,890.544393 UNBAG burned; deployer now holds 0 $UNBAG. Burn tx: https://solscan.io/tx/4uNebxyuseYtMhiMk26TdRfMXLiASWwxibdF9Pxr2FidmUo6M165moqQebi21zB37gxdUyAMQc7pYTKZoh9WCRAS
• The dev-buy is funded from operator funds through a fresh deployer wallet (never a pre-launch treasury outflow, for security reasons disclosed below); the treasury reimburses ~3.42 SOL after launch, recorded in the accounting.
• Between launch and migration, the full dev-buy sits visibly untouched in the deployer wallet — scanners (ours included) will show the deployer holding ~13.4% of the original 1,000,000,000 during the curve phase. That holding is this table, pre-streams: the 8 vesting contracts are created at migration, and the buffer remainder is burned afterwards — complete, per the line above.
• The insider position stated here before September 9 (10.78%, 100% listed) was wrong. The corrected position table is below.

Two transfers left the treasury vault on September 8, 2026, both executed through the Squads 2-of-3 multisig:

• 1,000 USDC to JBHyPJLEet8gE3QmCRjPLV5ZYdRT45JPFe8YCRQCg53L — funding for the launch-reserve buy (swapped to SOL and sent to the 18 wallets; see the launch reserve section): https://solscan.io/tx/4bcBPkYUhbPTr3UoGr8r7bc5goqbqUb5HtRucjFgUTwGbgiDaJagpZJkwNvdMYeMsKDKySbWAZEAUUiokhaEUgiK
• 5,000 USDC to JBHyPJLEet8gE3QmCRjPLV5ZYdRT45JPFe8YCRQCg53L — treasury operations: https://solscan.io/tx/2ohdRBVeJSo1oVRPWJPCAz1qrShFCHY1tBwgnpd2JVTewghxzHN6rNfsfRcmWdaUxpQxHiVsCE244NwvA2qfhiNZ

The 5,000 USDC, allocated:

• 2,000 USDC → two PumpSwap buys after migration = 58,103,529.613777 UNBAG, a protocol-owned position: https://solscan.io/tx/4X34p3QHqvK2nxJEL4SpTnUWgDYMhpig5vDJhtXnd7RMq1jWxRCKKhEkrxuLP47aTgjcFX2Nx4Yn5uT3haEHznwq and https://solscan.io/tx/4xXKQ6LFzkzwPtHLFSbes2LZXPqnF4ncvVCXa9E4VePnX2cEjT47BTc8gYh4L82aeQ1xnRdzhkpNmnDh93uW2irp
• 299 USDC → DexScreener Enhanced Token Info, paid at launch: https://solscan.io/tx/2yWAeGjn3EEorfkxAd9UEvMoy13opcB69KRKembsjhUw4daKGbL2A7CE7weRNwzrC3TRpB27KkuzRr5x8RuzVJpF
• 2,701 USDC → market-making and dip-support reserve.

Consolidation into the operations wallet 2cDa9nifuW3vAdDp6sRb7t6WCKqW76ziEkkPwE5f7WiZ: the 58,103,529.613777 UNBAG: https://solscan.io/tx/2eU5wgJjLyE5tNLeGypGWTiUmg8uRtGGr8K62N9LHi78PFcb2Gs6AuWB9Q6VM9tt49BVL6H93FC654fkHt6MmoRb · the 2,701 USDC: https://solscan.io/tx/3STNrzpqCBDVVcHEB3BfWSnfATNpzd5WfFksgtVSRhqNysdjWmwKKLYrcpELuqnYjiSGds4Rg3s2QiGRTXvBdTj4

Operations-wallet mandate: the wallet exists because the 2-of-3 vault cannot execute fast enough for dip support. It is buy-and-hold or buy-and-burn only. It does not sell $UNBAG. Any future reduction of its position is a burn, announced.

Allocation check: 1,000 + 2,000 + 299 + 2,701 = 6,000 USDC, the whole of what left the vault.

Every operator-created or operator-controlled position, as a share of the current total supply of 935,131,528.700895 (read from chain 2026-09-08 20:38 UTC):

The founder reserve and the protocol position together are 11.30% of current supply. The burn stream is not a holding: it is leaving circulation every hour until October 14, and none of it can be claimed by anyone.

All figures read from chain 2026-09-08 20:38 UTC. The supply figure is the mint's own, getTokenSupply.

• Total supply now: 935,131,528.700895.
• True burns, 1,000,000,000 − 935,131,528.700895 = 64,868,471.299105: 38,518,184.435401 pump.fun protocol BoostBuyAndBurn at migration (27 burn instructions from the pool's own vault, ~20.7% of the curve's SOL, executed by the protocol from migration proceeds, not a treasury action) + 26,349,890.544393 deployer buffer burn (supply section above) + 396.319311 two third-party holders' self-burns.
• Held by the incinerator, unspendable, supply unchanged: 10,000.000000 in the incinerator's Token-2022 account 8NUgvzCkmas2maeo7nd5HqPVd1VVcQeAQ1ymNhvmkLSh. Tokens delivered to the incinerator are transferred, not burned: they do not reduce the supply figure, and this line grows by 194,444.44 per hour while the burn stream runs.
• Locked or in transit, in Streamflow escrow: member vesting 90,810,042.369431 + founder reserve 47,655,682.478543 + burn stream 168,319,200.000000 = 306,784,924.847974. Escrow balances include the 0.19% Streamflow deposit fee on each stream.
• Circulating = total − incinerator-held − locked = 628,336,603.852921. That figure includes the protocol position of 58,103,529.613777 in the operations wallet, which is held and never sold.

Treasury vault (Squads 2-of-3 multisig): 4TviunhKque9ufX3hBgtmBtFxxEwf5uDsUB6pC3hHX9N

Current holdings: 9,242.416592 USDC + 1.077395 SOL (network-fee reserve), read from chain 2026-09-08 20:38 UTC — after the two launch-day transfers of 6,000 USDC disclosed above.

Full accounting since the vault's first transaction:

The SOL price risk between the book rate and market was carried by the treasury in both directions; the realized upside above the book rate was taken as the operator line, disclosed here. Everything else stays.

Treasury program (in order, all discretionary — these are intentions, not obligations, and none of it targets a price):

1. Graduation support — if the bonding curve stalls short of migration, the treasury may complete it. Tokens acquired this way are burned.
2. 72-hour stabilization — after migration, the published operations wallet may buy into drawdowns. Budget public, levels discretionary. Tokens bought are held in the operations wallet or burned; it never sells.
3. Weekly buyback-and-burn — a fixed weekly cadence from remaining program funds, every transaction posted from @UnBagMe with a running burn tally.
4. Revenue-funded cadence — after the initial program, unbag.me platform revenue (memberships, and future placement/featured slots) is intended to continue funding buybacks.

The treasury never buys to reach a price. Budget and cadence only. All program wallets are published; every buy and burn is on-chain.

• At current SOL prices, a pump.fun curve opens around a $3K market cap and migrates around $44K. Public buyers at launch pay less per token than every participant in the table above. What participants got instead: guaranteed size at a flat price, 90-day locks, and this treasury.
• Participant par points are their entry FDVs: $130K–$250K. Below those market caps, their allocations are worth less than they contributed.
• This token can go to zero. Nothing in this document promises any outcome. This is not an offer of securities.

The round was actively attacked, and the record is part of the disclosure:

• A vault-lookalike address — 4TviTbPgzvaSkXvySE3FzKHYjftRgFBwGzVA7km9oX9N, matching the real vault's first and last characters — dusted a participant's wallet seconds after his real payments, attempting a copy-from-history redirect. That address is a KNOWN FAKE.
• 14 payer-mimic addresses sent 28 dust transactions imitating participants' own wallets (matching first and last four characters), attempting the same trick in reverse against treasury outflows.
• Losses to these attacks: zero. The payment flow's QR path is structurally immune (it never involves copying an address), and all treasury operations read destinations from signed records, never from chain history.

Standing rule for everyone, forever: never copy an address from transaction history. Full-string verification, every time.

Every claim above is checkable: the vault's complete transaction history on any Solana explorer · the 8 vesting contracts matching the frozen table · the launch-reserve wallet, the burn stream and the founder reserve, linked above · every burn and buyback posted from @UnBagMe with transaction signatures · the day-one self-scan on unbag.me.

The live figures — supply, burns, the incinerator stream, the locks — are at unbag.me/token, read from chain every minute.

$UNBAG · unbag.me · @UnBagMe