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    <title>DEV Community: Sheng Tsai</title>
    <description>The latest articles on DEV Community by Sheng Tsai (@shengtsai).</description>
    <link>https://dev.to/shengtsai</link>
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      <title>DEV Community: Sheng Tsai</title>
      <link>https://dev.to/shengtsai</link>
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    <language>en</language>
    <item>
      <title>x7pad: a Solana launchpad where coins trade against tokenized stocks (a holder's notes)</title>
      <dc:creator>Sheng Tsai</dc:creator>
      <pubDate>Fri, 09 Oct 2026 20:58:11 +0000</pubDate>
      <link>https://dev.to/shengtsai/x7pad-a-solana-launchpad-where-coins-trade-against-tokenized-stocks-a-holders-notes-4p7</link>
      <guid>https://dev.to/shengtsai/x7pad-a-solana-launchpad-where-coins-trade-against-tokenized-stocks-a-holders-notes-4p7</guid>
      <description>&lt;p&gt;Disclosure: I hold X7 and I'm not on the x7pad team. These are notes from the project's own docs and on-chain data as of Oct 9, 2026. Not financial advice.&lt;/p&gt;

&lt;h2&gt;
  
  
  What it is
&lt;/h2&gt;

&lt;p&gt;&lt;a href="https://x7pad.com" rel="noopener noreferrer"&gt;x7pad&lt;/a&gt; is a token launchpad on Solana built on Meteora markets. The twist: per the docs, every coin is paired with a tokenized stock (TSLAX is the docs' example) instead of SOL or a stablecoin. Standard mode pairs a coin with one stock; Basket mode pairs it with two to six. It's non-custodial, so every launch, buy, sell and claim is a transaction your own wallet approves.&lt;/p&gt;

&lt;h2&gt;
  
  
  Launching a coin (from the docs)
&lt;/h2&gt;

&lt;ol&gt;
&lt;li&gt;Connect a Solana wallet. Launching costs about 0.03 SOL.&lt;/li&gt;
&lt;li&gt;Pick the stock (or basket) your coin trades against.&lt;/li&gt;
&lt;li&gt;Choose a trading fee: 1%, 2% or 5%. It's fixed for life.&lt;/li&gt;
&lt;li&gt;Choose who receives the fee share: you, the holders, or another wallet.&lt;/li&gt;
&lt;li&gt;The coin opens near a 15K valuation, priced in the paired stock. A sniper fee starts at 90% and decays to your chosen fee within 5 seconds.&lt;/li&gt;
&lt;/ol&gt;

&lt;h2&gt;
  
  
  Where fees go (per the docs)
&lt;/h2&gt;

&lt;ul&gt;
&lt;li&gt;On every coin except $X7: 70% to the creator, holders or chosen wallet; 20% buys $X7 on the open market and burns it; 10% to the treasury.&lt;/li&gt;
&lt;li&gt;On $X7 itself: 80% buys and burns $X7; 20% to the treasury.&lt;/li&gt;
&lt;li&gt;Burns run from a dedicated buyback wallet roughly every hour.&lt;/li&gt;
&lt;/ul&gt;

&lt;h2&gt;
  
  
  Burn check
&lt;/h2&gt;

&lt;p&gt;On-chain supply on Oct 9 read about 788.9M X7 against the original 1B, so roughly 211M (21.1%) is gone. The project's scoreboard (x7pad.com/revenue) reports $122.5K spent on buy-and-burn and 210.74M X7 burned across 303 runs. Those are the project's own figures, but the on-chain supply lines up.&lt;/p&gt;

&lt;h2&gt;
  
  
  Recent updates (from @x7pad)
&lt;/h2&gt;

&lt;ul&gt;
&lt;li&gt;Oct 6: Hooks went live.&lt;/li&gt;
&lt;li&gt;Oct 7: x7 Index launched; 20% of supply burned.&lt;/li&gt;
&lt;li&gt;Oct 8: custom pairs went live.&lt;/li&gt;
&lt;/ul&gt;

&lt;h2&gt;
  
  
  Things to know before touching it
&lt;/h2&gt;

&lt;ul&gt;
&lt;li&gt;Check the full mint: CdhZy8wrRxNxoV8HtoByXKN7mvS46avtuZ1b39tKfx7. Every x7pad coin ends in "x7", so the ending alone proves nothing, and there are many copycat "x7" tokens on pump.fun.&lt;/li&gt;
&lt;li&gt;Mint and freeze authority are revoked and the main pool is locked (per Rugcheck), but the team is anonymous and no audit is claimed.&lt;/li&gt;
&lt;li&gt;Tokenized stocks have their own eligibility rules depending on where you live.&lt;/li&gt;
&lt;li&gt;It's a small, volatile token. Do your own research.&lt;/li&gt;
&lt;/ul&gt;

&lt;p&gt;Official links: &lt;a href="https://x7pad.com" rel="noopener noreferrer"&gt;https://x7pad.com&lt;/a&gt; and &lt;a href="https://x.com/x7pad" rel="noopener noreferrer"&gt;https://x.com/x7pad&lt;/a&gt;&lt;/p&gt;

</description>
      <category>solana</category>
      <category>blockchain</category>
      <category>web3</category>
      <category>cryptocurrency</category>
    </item>
    <item>
      <title>opcode: a Solana terminal for 109 tokenized stocks and ETFs (a holder's notes)</title>
      <dc:creator>Sheng Tsai</dc:creator>
      <pubDate>Thu, 08 Oct 2026 21:14:27 +0000</pubDate>
      <link>https://dev.to/shengtsai/opcode-a-solana-terminal-for-109-tokenized-stocks-and-etfs-a-holders-notes-2pa0</link>
      <guid>https://dev.to/shengtsai/opcode-a-solana-terminal-for-109-tokenized-stocks-and-etfs-a-holders-notes-2pa0</guid>
      <description>&lt;p&gt;&lt;em&gt;Disclosure: I hold $OP. I'm not on the opcode team. Nothing here is financial advice. DYOR.&lt;/em&gt;&lt;/p&gt;

&lt;h2&gt;
  
  
  What it is
&lt;/h2&gt;

&lt;p&gt;opcode (&lt;a href="https://opcode.so" rel="noopener noreferrer"&gt;https://opcode.so&lt;/a&gt;) is a Solana terminal for 109 tokenized stocks and ETFs from xStocks and Backpack.&lt;/p&gt;

&lt;h2&gt;
  
  
  Routes
&lt;/h2&gt;

&lt;ul&gt;
&lt;li&gt;
&lt;strong&gt;Quick:&lt;/strong&gt; 0% opcode fee, routed via Jupiter.&lt;/li&gt;
&lt;li&gt;
&lt;strong&gt;OPmode:&lt;/strong&gt; currently paused.&lt;/li&gt;
&lt;/ul&gt;

&lt;h2&gt;
  
  
  Recent changes
&lt;/h2&gt;

&lt;ul&gt;
&lt;li&gt;v2 went live on Oct 5, 2026.&lt;/li&gt;
&lt;li&gt;EVM login was added on Oct 8, 2026.&lt;/li&gt;
&lt;/ul&gt;

&lt;h2&gt;
  
  
  The $OP token
&lt;/h2&gt;

&lt;ul&gt;
&lt;li&gt;Mint: &lt;code&gt;5PiBn5JdjJDnRGziiSfsu2affgBR3DyTTCR3CHpcode&lt;/code&gt; (check this exact mint; tickers aren't unique)&lt;/li&gt;
&lt;li&gt;0.50% of launch trades burns OP.&lt;/li&gt;
&lt;li&gt;32,459,039 OP had been burnt as of Oct 8, 2026 (3.25% of 1B).&lt;/li&gt;
&lt;li&gt;Pool: &lt;a href="https://dexscreener.com/solana/BdXnvsALvqUJKh9QcFj6aUUDhr3WNY15b5dHuo6F7hQ6" rel="noopener noreferrer"&gt;https://dexscreener.com/solana/BdXnvsALvqUJKh9QcFj6aUUDhr3WNY15b5dHuo6F7hQ6&lt;/a&gt;
&lt;/li&gt;
&lt;/ul&gt;

&lt;h2&gt;
  
  
  Hackathon
&lt;/h2&gt;

&lt;p&gt;opcode is entered in Solana's Stocklana hackathon. Results are pending, and it is not a finalist.&lt;/p&gt;

&lt;h2&gt;
  
  
  Risks
&lt;/h2&gt;

&lt;ul&gt;
&lt;li&gt;The program is upgradeable, and there is no third-party audit.&lt;/li&gt;
&lt;li&gt;Stock tokens are not offered in the US, UK, Canada or Australia, among others.&lt;/li&gt;
&lt;/ul&gt;

&lt;p&gt;Project X account: &lt;a href="https://x.com/opcodedotso" rel="noopener noreferrer"&gt;https://x.com/opcodedotso&lt;/a&gt;&lt;/p&gt;

</description>
      <category>solana</category>
      <category>blockchain</category>
      <category>web3</category>
      <category>fintech</category>
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