The protocol, explained

How it works

One transaction on Base or Robinhood Chain. Your token, a market, and a permanently locked liquidity position. You only pay gas.

01 / The launch

One signature.
Four things happen.

All in the same transaction.
No separate setup. No launch fee.

  1. Your token is deployed

    A plain ERC-20 with EIP-2612 permit. Fixed supply, 1 billion by default. No mint, no pause, no blacklist, no transfer tax, no owner.

    1Bdefault supply
  2. A market opens

    A Uniswap v4 pool pairs your token with a tokenized stock (Coinbase stocks on Base, Robinhood Stock Tokens on Robinhood Chain), ETH, or USDG on Robinhood Chain. No hook. The pool starts at the market cap you pick.

    v4Uniswap pool
  3. The liquidity position is locked

    100% of the supply goes into one single-sided position at launch. Its NFT is minted to an ownerless locker that has no function to withdraw, transfer or shrink it. Ever.

    100%deposited at launch
  4. Fee routing is written in

    The trading fee you choose (1%, 2% or 3%) is split at launch: 30% to the protocol's buyback and burn, 70% to the beneficiaries you name (wallets or X accounts), to your holders (a reward coin), or burned if you name none. Fixed at launch, unchangeable.

    1 / 2 / 3%your trading fee

The position stays locked. Tokens remain tradeable.Inspect the locker

02 / Fees & routing

Know where it goes.

Launch feeGas

Nothing on top.
The network is paid, not us.

Check the code

The creator chooses the trading fee

1%, 2% or 3%
Uniswap charges it on every trade and it accrues to the locked position. There is no 0% pool: the factory rejects anything under 1%.
30% / 70%
Every collected fee is split by the locker: 30% to the protocol's FeeRouter, which buys back and burns $NASDEGEN; 70% to the beneficiaries the creator named (wallets, or X accounts through their vaults), to the launch's holders (a reward coin), or burned.

Beneficiaries and shares are set at launch and can never be changed. A promise like “half of my share goes to this address” is enforced by the contract, not by us.

Anyone can collect. The routing decides who receives.

Press Collect on the token page. Accrued fees leave the pool and are paid to every recipient in the same transaction: the protocol share to the buyback, the creator share to the beneficiaries, or to 0x…dEaD if the launch has no beneficiary.

If a beneficiary cannot receive the payment, their share is credited to them and can be claimed any time. It is never lost and never blocks the others.

03 / What stays fixed

Code, not a promise.

Read the contracts
  • No launch fee

    Launching costs gas and nothing else. The only platform revenue is the fixed 30% protocol share of trading fees, written into the immutable factory: it cannot be raised, and there is no other fee variable to switch on.

  • No liquidity withdrawal

    Nobody can remove liquidity: not the creator, not us. Collecting fees removes zero liquidity.

  • No pre-mine

    Every token starts inside the pool. There is no creator-reserved allocation.

  • No admin

    No owner, no pause, no upgrade, no allowlist. The contracts are the same for everyone, forever.

04 / Before you begin

Locked liquidity.
Not a guarantee of value.

Tokens launched here are created by their launchers, not by nasdegen. Do your own research; a locked pool does not make a token valuable. Nothing is refundable.

How does the price move?

Price follows a single-sided Uniswap v4 curve: the first buyers get the most tokens per unit of the quote asset, and every buy moves the price up. Sells move it down.

There is no anti-snipe mechanism. Bots can buy in the first block like anyone else.

The launch form suggests a small first buy (about $25) so your token opens with a holder and a price; clear it and the launch still costs only gas.

Why is my token under “quiet launches”?

The home page ranks by facts, not by launch order. A token is live once a wallet other than its launcher has traded it in the last 24 hours; trades in the launch block and the next three blocks (snipe bots) don't count, and neither do the launcher's own. Live tokens rank by outside wallets in the last hour, then today, then by their last outside trade. A wallet's newest launch gets its first hour on the board regardless; after that it sits under quiet launches, one row per wallet, until someone trades it.

Nothing is hidden: every launch stays in the New tab, in search and in the API. The only way up is a trade from an outside wallet.

What can change after launch?

Nothing on-chain can be edited after launch: not the name, not the fee, not the beneficiaries. Metadata (image, description, links) is stored by this site and can change; the token itself cannot.

Where does the protocol share go?

The 30% is paid, in the pool's quote asset, to the chain's FeeRouter: an immutable contract whose only job is to buy back and burn $NASDEGEN. No wallet holds it and there is no owner who could redirect it. The factory registers it as the first recipient of every launch; it shows on each token page as “Protocol · buyback & burn”.

Your 70% is routed exactly as you typed it: the factory scales your shares into that 70%, so a 50 / 50 split you entered pays each address 35% of every fee. At most six addresses, each at least 0.02% of your share.

What is a reward coin?

A launch in Holders mode names no wallet. The factory deploys a reward pool for it in the launch transaction and registers that pool as the only creator-side recipient, so the creator's 70% of every collected fee goes there, in the paired asset (a tokenized stock, another coin, USDG or ETH), and is paid out to holders in proportion to what they hold. Sell-side fees arrive in the coin itself and are burned; anyone can press Burn token leg.

Payouts run automatically a few times a day. The keeper that runs them only chooses when; the contract caps every payout to each holder's share of the pot, so nothing can be redirected or paid twice. The pool's liquidity, the dead address and the reward pool itself never count as holders.

Fees to an X account: how does that work?

A launch can name an X handle as a beneficiary instead of a wallet, yours or anyone's. Every handle has a vault on each chain whose address is derived from the handle by the XVaultFactory contract, so it exists before anyone claims: the locker pays it like any other recipient and the fees pile up there. Nobody can take them but the handle's owner.

To claim, the owner signs in with X on this site, connects any wallet, and sends one transaction. Our server only vouches for identity: it signs a short-lived authorisation naming that handle and that wallet, the contract checks it, deploys the vault if this is the first claim, and sends everything it holds to the wallet. The server never holds the funds and cannot redirect them; the authorisation is worthless for any other wallet or handle. Anyone can see what a handle has waiting at /x/<handle>.

Can I pair with any coin?

Yes: besides the listed stocks, ETH and USDG, the launch form takes any ERC-20 address on the chain. Before it is accepted the site reads the contract, looks up its deepest market on DexScreener (at least $10,000 of liquidity, or it cannot be priced fairly) and, on Base, runs a GoPlus security scan: honeypots, transfer taxes and pausable transfers are refused; a mintable coin or an owner who can change balances is a warning you must acknowledge. Robinhood Chain has no scan, which is itself a warning. The coin's own name is never trusted.

What should I know about stock-quoted pools?

Stock-quoted pools use tokenized stocks as the quote asset: Coinbase tokenized stocks (B20) on Base, recognised here only from Base's official list and priced from Chainlink's on-chain feeds; Robinhood Stock Tokens on Robinhood Chain, recognised only from Robinhood's own registry.

Both are securities issued by third parties under Regulation S and are not offered to US persons. Coinbase's also exclude the UK, Canada, Australia, Singapore and Switzerland. Their issuers can pause transfers or freeze wallets in restricted jurisdictions. Holding or trading them is subject to the issuer's terms, not ours.

05 / The source of truth

Don't take our word for it.

Contracts, addresses and source verification. The same contract design on both chains, with chain-specific Uniswap deployments.

Base

Chain ID 8453
Factory
Not deployed yet
Locker
Not deployed yet

Robinhood Chain

Chain ID 4663
Factory
Not deployed yet
Locker
Not deployed yet

Uniswap v4's PoolManager, PositionManager, Permit2 and Universal Router are Uniswap's canonical deployments. The verification records for each chain are linked above.

Your next move

Make something of your own.

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