How it works

Every X handle gets its payday — enforced by code, delivered by people only at the last mile.

A coin for a handle, a pot for that handle, and a fee split that nobody — including us — can change after launch.

Prefer pictures? Open the visual guide →

The six steps

1. 01

   Launch for any handle

   Anyone can launch a coin for any X handle — launching is free, gas only, and free of gas too if you sign in with X and let PAIDRH's relayer submit it. Pick the handle, a name and symbol, and a creator tax between 1% and 10%. The coin's fee recipient is that handle's own pot inside the PaidrhVault, wired at launch and never redirectable afterwards. A buy in the first 5 seconds after launch pays a 99% anti-snipe tax that decays linearly to zero, charged on the buy leg only: the launching wallet is exempt, and the take is clamped so a buyer always nets at least 1% of their spend. The anti-snipe tax goes to the pot.

2. 02

   Trades pay the split — inside the trade

   Every trade pays the 1% base fee — 0.7% of it to the creator side, 0.3% to the protocol treasury — on top of the creator tax you chose. There is no escrow and no claimFees(): the launchpad transfers the pot's share to the vault, pushes the holders' share into the coin's reflection pool and pays the treasury in the same transaction as the swap. Integer math leaves the remainder in the pot, so nothing is stranded.

3. 03

   Holders are paid straight into their wallets

   With reflections on, 0.25% of volume accrues per token held (the curve and the pool are excluded, so only real holders earn). Rewards are pushed to a holder's wallet automatically whenever their tokens move, and can be pulled at any time with claimRewards(). Nothing to stake.

4. 04

   Graduation locks the liquidity forever

   The curve sells 800M of the 1B supply with virtual reserves, so the first buy already has a price (~$3.2K FDV). When the sale supply is sold out the coin graduates in the same transaction: the USDG raised and the reserved 200M tokens are seeded into a constant-product pool inside the launchpad at exactly the curve's final price. There is no LP token and no withdraw function. If the raise exceeds what the reserve can absorb at that price, the excess is deposited into the handle's pot as a graduation bonus. Pool trades pay the same pinned split.

5. 05

   The owner signs in with X once — then claim, auto-pay or lock

   The handle owner authenticates with X. The oracle signs an EIP-712 attestation bound to the handle, the X user id, the action, its parameters, a nonce and a 15-minute deadline. The vault verifies it on chain and binds the handle to that X user id on first use, so no other account can ever act on the pot. The owner can claim any amount to any address — including the USDG deposit address of a Robinhood account on Robinhood Chain (send a $1 test first) — set a persistent payout address so every future fee is pushed automatically, lock the handle against further launches, or cancel a pending delivery. PAIDRH's relayer can submit for them, so no wallet balance is needed.

6. 06

   Or hand it to the community: delivery to X Money, with a 24h owner window

   For owners who never claim, anyone can request delivery of an unclaimed pot for a 3% fee. The request snapshots the amount and destination and waits 24 hours; a claim by the owner in that window cancels it automatically. After the window the delivery operator executes it on chain, sends X Money by hand, and attaches public proof. A pot idle for 180 days flows to that coin's holders — never to the treasury.

The fee split

The launcher picks a creator tax T at the 1% floor or above (the slider steps in 0.5% increments). Reflections, when on, add a flat 0.25% of volume to the coin's holders; everything else on the creator side goes to the handle's pot. These rows show what that pins for the two ends of the range.

Percentages are of trade volume. “Total tax” is the creator tax plus the 1% base fee, and every row sums to it: pot + holders + protocol. Before any holder exists, the holders' share goes to the pot instead of being stranded.

What is enforced on-chain vs. by people

Robinhood and X are not partners of PAIDRH. PAIDRH is an independent project on Robinhood Chain.