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.

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The six steps

1. 01

   Launch for any handle

   Anyone can launch a coin for any X handle: name, symbol, image, and 0.0005 ETH — or nothing at all if you sign in with X and let PAIDRH's relayer pay. One transaction deploys a fixed 1B-supply ERC-20, opens a Uniswap V3 pool against WETH at a 1% fee tier, deposits the entire supply as a one-sided position starting at the launch price (≈ 1.37 ETH market cap), hands the position NFT to the PAIDRH locker, opens the handle's pot, and optionally settles your first buy before anyone else can trade.

2. 02

   It trades everywhere from block one

   The pool is a plain Uniswap V3 pool, so GMGN, DexScreener, Uniswap and every sniper bot see it the second it exists. Paste the CA anywhere. Anti-snipe: buys in the launch block are blocked, and for the next 2 blocks each wallet is capped at 5% of supply with a cumulative 5.5% buy cap. After that, no restrictions ever.

3. 03

   The 1% pool fee is the handle's revenue

   Every buy and sell pays the pool's 1% fee into the locked position. Nobody can withdraw the liquidity — the locker has no function for it — but anyone can call harvest: the fees are collected, the token side is sold for WETH, the WETH is swapped to USDG on the WETH/USDG pool, and the USDG is split 70% to the handle's pot and 30% to the protocol treasury. All on chain, in one public transaction.

4. 04

   Graduation is a fact, not a switch

   When the WETH principal locked in the position reaches 4.2 ETH, the coin is marked graduated. Nothing migrates and nothing changes for traders: it is a public signal that real capital sits in the pool, computed from the position itself, never from wallet balances.

5. 05

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

   The handle owner authenticates with X (or proves the handle with a one-time post). 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. The owner can claim any amount to any address — including the USDG deposit address of a Robinhood account (send a $1 test first) — set a persistent payout address so every future harvest is pushed automatically, lock the handle against further launches, or cancel a pending delivery. PAIDRH's relayer can submit for them, so no wallet 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

Three fees, all public, none adjustable after launch.

The pool fee is Uniswap's own 1% tier. The 70/30 split is a locker parameter the owner can only move in favour of pots, never towards the treasury above 30%.

What is enforced on-chain vs. by people

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