Overview
How the launchpad works, from the sealed rules to the locked pool, in one page.
Launc Cash is a token launchpad on Robinhood Chain. One contract, LauncSealHouse, creates every token, runs its bonding curve, and graduates it into a Uniswap v3 pool. Each launch carries its own rules, written in the transaction that creates it. Nothing in the contract can change them afterwards.
Sealed is not safe. Sealed rules only guarantee that fees and limits never change. They say nothing about price: a token launched here can still fall hard, and the early-buy levy means the earliest buyers pay more than later ones.
Key numbers
| Supply per token | 1,000,000,000, 18 decimals, minted once |
| Sold on the curve | 800,000,000 |
| Pair assets | ETH, USDG, official stock tokens |
| Graduation target | set by the creator; the site suggests about $10,000 of the pair |
| Protocol fee | fixed at deployment, at most 1% (proposed 0.50%) |
| Creator fee | 0% to 1%, sealed per launch |
| Early-buy levy | 0% to 50% at launch, falling to 0% within at most 24 hours |
| Largest single buy | 0.1% to 100% of supply, sealed per launch |
| After graduation | Uniswap v3 pool, 1% fee tier, full-range position owned by the contract |
The life of a launch
1. Sealing
The creator calls launch with a name, ticker, an optional note, the pair asset, the graduation target and four rule values. The contract checks each value against the shared limits, turns away any pair other than ETH, USDG and the official stock tokens, stores the rules and mints the supply to itself. If the creator sends a first buy along, it runs right after, under the full opening levy.
2. The curve
Prices follow a constant-product curve with a virtual reserve of one quarter of the target. Buying moves the price up, selling moves it back down along the same formula. Every division rounds in favour of the curve, which is why selling every token back would always be paid in full: this is checked by invariant tests on every build.
3. The levy
Buys pay an extra percentage that starts at the sealed rate and falls in a straight line to zero across the sealed window. The levy is collected into a pot that belongs to the launch. Sells never pay it.
4. Graduation
When the 800 millionth token is sold, trading on the curve stops and anyone can call graduate. The contract opens the token, creates (or finds) its Uniswap v3 pool at the 1% tier, sets it to the curve's final price and adds everything raised plus the levy pot as one full-range position. Tokens the position does not need are burned. The position belongs to the contract, and the contract has no function that removes liquidity.
5. After graduation
The pool trades like any Uniswap v3 pool. Its 1% trading fee accrues to the position; collectPoolFees moves it into the creator and protocol balances in the sealed ratio, and claim pays those balances out.
Practice mode
Until the owner deploys the contract and its address is set on this site, the launch desk, the coin pages and the explore board work in practice mode. The math is a line-for-line TypeScript copy of the contract's, kept in your browser. Nothing is signed or sent, and every practice screen is marked as such.
Read next
- Quickstart: wallet, network, first launch.
- Fairness grade: the full formula.
- Contracts: functions, events and addresses.
- Risks: what sealed rules do not protect.