Docs
Snop lets anyone start a token on Robinhood Chain without writing a contract. Here is how a launch works, from the first buy to the day it moves to its own pool.
01 Starting a token
Give the token a name, a ticker and an image, then pick what it trades against. Launching costs 0.0005 ETH plus gas. Every token starts with a fixed supply of one billion, and nobody can mint more later.
You can add a creator fee of up to 10% if you want one. It's set once, at launch, so people can see it before they buy.
02 How the curve sets the price
Each token gets its own bonding curve. Buying pushes the price up and selling brings it back down, so there's always a price to trade at and no order book to wait on.
An ETH launch starts with 1.68 ETH of virtual liquidity. That amount only sets the opening price. It isn't real money and no one can withdraw it.
03 The first three seconds
Bots love to buy in the same moment a token appears, so early buys pay a steep tax that fades fast: 99% in the launch second, 6.18% one second later, 0.19% after two, and nothing from then on.
Whatever a buyer pays in that window goes to fees, not to the curve.
04 Graduation
Once a curve collects 4.2 ETH, the token graduates. The final buy only takes what the curve still needs and refunds the rest. Its ETH and remaining tokens then move into a Uniswap v4 pool at the same price, and the liquidity is locked there.
From that point the curve is closed and all trading happens in the pool.
05 Where the fees go
The curve and the pool each charge 1% on trades. 30% of that goes to the protocol. The rest goes to the token's creator, unless the creator turned on buybacks, in which case half of it buys the token back.
Bought-back tokens are locked in a vault and released in a straight line over five years. Creators collect their earnings from the escrow contract whenever they like.
06 Before you trade
Anyone can launch here, and Snop doesn't review tokens first. Prices swing hard and a token can go to zero. Check the contract address, look at who holds the supply, and only put in what you can afford to lose.
The contracts haven't had an external audit yet. Transactions on the chain can't be reversed, by us or by anyone else.