We've been inspired by the dynamic fees of protocols.
So now we have "Meme Mode"
Creators start by getting 1% fee on trading volume which linearly declines to 0.1% by 500eth market cap.
That's right, 500eth (~$900k) and your trading fee is just 0.1% (0.09% to creator 0.01% to us).
Infrastructure on EVM costs nothing, yet our competitors are charging majority fees on high price tags up until 10 million market cap.
Unacceptable, we'll do it for 0.01% (Roughly $0.10 / $1,000 trading volume). We're not here for the money like every other launchpad on RH. We're here for the love of the game.
We're so confident that volume can go so high, $1 billion volume would = ~ $100k fees for us > $10m mcap, that we don't need to charge greedy fees.
We can provide better tooling, better fees, and better UX than any pad in the space. With time, users will find the proper place to launch RH coins.
Hey @ponsdotfamily, quick heads up on an Exploit in your platform, this needs to be addressed immediately as your users are being drained in real time
When users trade on your platform, they're approving their tokens to Multicall3 instead of a dedicated DEX contract
Multicall3
Our smart contracts have been updated to enable proper reward distribution to @fomo users.
This applies to all tokens utilizing the Flywheel mode.
Let's Squeez!
The 20% dev wallet for $SQUEEZ token has been transferred to the 0x00dEaD wallet.
Quality of Life updates are underway for traders and creators on Squeez.
robinhoodchain.blockscout.com/tx/0x2874e8241…
We've decided to launch the official $SQUEEZ launchpad token.
Revenue from our launchpad will be cycled back to Squeez holders as well as other benefits.
0x074A3066878b2AB8f37f87247CED66825E0e4663
In an effort to support the tokens that generate initial users to our platform, we have bought $1,000 of $VAULT tokens for our ecosystem treasury account.
We hope to see many projects like this in the future. Best of luck, Vault.
Nearly 10% of our supply is burnt.
Volume continues to feed towards the diminishing supply.
Volume continues to feed towards the accrual of LP
Volume continues to feed towards diamond hands being rewarded with reflections.
Robinhood is the volume chain.
An update is underway for our protocol.
- Reflections are being automated.
- ETH rewards are being automated.
- Metadata for all new tokens will be properly hosted.
Following this we will continue to ship new features for the betterment of RH user experience.
ETA ~ 1 hour.
An update is underway for our protocol.
- Reflections are being automated.
- ETH rewards are being automated.
- Metadata for all new tokens will be properly hosted.
Following this we will continue to ship new features for the betterment of RH user experience.
ETA ~ 1 hour.
To clarify.
Squeez does not have an official token (yet).
We'd like to achieve proper PMF and generate sustainable revenue prior to any platform token.
As a test of the protocol, I did launch the $JUICE token , 0x093bb7796d819733df5459d3fbd1575faf464663 , to ensure proper functionality at scale of our EVM smart contracts.
I used safemoon mechanics on this deploy. Everything is working as intended with the exception of the need to manually claim WETH rewards.
Over 5% of supply bought back and burned burned + an additional $4,000 injected into LP.
We are iterating to make the User Experience as seamless as possible on launches going forward. Many updates are under way and we look forward to building the best launchpad on RobinHood.
Reflections are automatically being dispersed each time buybacks occur.
The chain explorers face a back log for these transactions.
Additionally WETH rewards on flywheel tokens can be claimed via the respective token page.
More updates are shipping soon.
The flywheel is permissionless, anyone can trigger the rewards, reflections, buybacks, and Auto-LP via our smart contract.
We are setting up a keeper script now to automatically trigger rewards via the contract regularly.
Thank you for your patience
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