Launchpad
Create a token, choose what it trades against, set its trade tax, and keep 75% of that tax in the pair asset.
Pairs
A token's bonding curve and, after graduation, its pool are priced in one pair asset:
- USDG, the settlement stablecoin.
- ETH.
- Any official Robinhood Stock Token: AAPL, TSLA, NVDA, MSFT, META, GOOGL, AMZN, QQQ or SPY.
A token paired with NVDA is bought with NVDA and sold for NVDA. Its creator is paid in NVDA.
The curve
| Parameter | Value |
|---|---|
| Supply | 1,000,000,000, fixed |
| Sold on the curve | 80% |
| Price at the end of the curve | 16x the start price |
| Graduation | 24,000 USDG raised, in the pair asset at launch |
| After graduation | the remaining 20% and the raise seed a pool against the pair asset |
Launch limits
For the first 300 blocks (about 30 seconds), no wallet can buy more than 2% of supply, the creator's initial buy included. Buys past the cap revert.
Trade tax
The creator sets a tax of 1%, 2%, 3%, 5% or 10% at launch, and can change it later from Earnings. Every buy and sell, on the curve and in the pool, pays it:
| Share of the tax | Goes to | Paid in |
|---|---|---|
| 75% | the creator, claimable any time | the pair asset |
| 25% | the platform: half to $AGST stakers, 30% to buyback and burn, 20% to the treasury | the pair asset |
A buy pays the tax on the amount spent; a sell pays it on the proceeds. Creating a token costs gas only.
Trading
Every token has a page on the market: chart, buy and sell, latest trades and holders. Before graduation, trades move the curve; after it, they route to the pool.