how hood works

Launch a coin on pons and point its fee wallet here. Its own trades then send it to every $HOOD wallet, pay whoever keeps it in a stock, and pay you. Nothing is claimed; it arrives. This page says how much, where it comes from, and which parts you have to trust.

what hood is

A payout layer on top of pons, on Robinhood Chain. It launches nothing and owns no liquidity. pons deploys every coin, opens its pool and locks it; this protocol is the address that coin's fees are paid to, and what it does with them is fixed in a contract before the first trade.

Four parties are in every payout: the $HOOD wallets, the coin's own holders, the creator, and this protocol. The first of those is the point of the whole thing. A coin launched here does not start at zero holders and hope; it is sent to thousands of wallets out of its own trading fees, in its first rounds.

the loop

Each line pays for the next one. Nothing here is subsidised.

The drop is funded by the coin being dropped, so a coin that trades a lot reaches a lot of wallets, and a coin nobody trades reaches nobody. The loop does not promise a price. Launches fund drops, drops give a reason to hold $HOOD, and holders give creators a reason to launch here. Whether anyone trades the coins is up to them.

what $HOOD is

The coin that is in every launch. It is a pons token like the rest, with no special contract and no powers of its own. Holding it does two things, and only these two, and the first one is why it exists.

No staking, no lock, no tier, no vote. More $HOOD, a larger share of each drop. That is the whole rule, and the absence of anything else is deliberate.

where the money comes from

Nothing here is subsidised and no coin is minted to pay for it. A coin launched on pons charges a trading fee on every buy and sell. pons takes its own share first and pays the rest to whatever address the launch named as its creator fee recipient, fixed at creation and unchangeable afterwards. That address is a vault this protocol deploys, one per coin, with no owner and no withdraw.

The part worth knowing, because it is the part that catches people out: a trade does not send that fee anywhere. It accrues where the coin is trading, and it sits there.

A round does both before it splits anything, so from the outside nothing is manual, and a coin's fee wallet is allowed to sweep its own coin. While a coin is on its curve it always can. Once it has graduated it can only when pons is not holding fees denominated in the coin itself, because converting those moves the pool's price and they bound that leg to their own operator. When that happens the round runs on whatever is already claimable rather than failing, and the rest is collected next time.

the split, in real numbers

The 40 / 30 / 20 / 10 below is of the creator fee, not of the trade. Here is the same thing on a trade of 1 ETH at the standard rate, which is the number worth checking before you believe anybody's launchpad, including this one.

So the drop is 0.28% of everything traded on a coin, its holders are paid 0.21%, the creator keeps 0.14% and this protocol takes 0.07%. A launch on a different fee config reads its own rates from its curve; these are the standard ones.

What the protocol's tenth is for: it pays the gas to send every payout. A drop to a thousand wallets costs real money, and that cost rises with exactly the number this launchpad exists to grow, so it comes out of the fee rather than out of goodwill.

One thing that belongs here rather than in small print: $HOOD itself was launched on pons with the treasury named as its own fee recipient, not through this protocol's factory, so its trading fee is not split and none of it is dropped. That is where most of what funds this comes from, and it costs no creator and no holder of any other coin anything.

what a launch fixes

One transaction. The factory deploys this coin's fee wallet, launches the coin on pons with that wallet named as the creator fee recipient, and records the stock its holders are paid in. There is nothing to bind afterwards and nothing to paste anywhere.

A coin trades against ETH, against the stock it names, or against any other asset pons approves as a pair. Priced in ETH it is easier for anyone to buy, and each round swaps into the stock. Priced in the stock the fee arrives already in it and nothing is ever swapped, at the cost of a smaller pool of people holding the thing you have to spend to buy in.

The fee recipient being unchangeable cuts both ways. A holder can rely on the payout never being redirected, and a creator cannot walk away with it. That is deliberate, and it means a creator who wants their fee back cannot have it.

what a round does

The drop buys from the coin's own bonding curve while it is still on one, and from its Uniswap pool once it has graduated. The second of those does not go through a router: this chain runs a modified one whose swap format differs from the standard, so the drop talks to Uniswap's pool manager directly, which is what ponsdoes for its own conversions. If a buy cannot be filled the leg rolls into the next round rather than being forced through.

Calling a round is open to anyone. The crank does it on a timer; the button on a coin's page does the same thing from your own wallet.

how your share is worked out

This is the part to read twice, because it is the one thing here that a contract cannot check for you.

A pons coin is an ordinary ERC-20. It cannot tell a contract who held it or for how long. So each round's shares are worked out off chain from the token's own transfer history, weighted by balance multiplied by blocks held since the previous round, and the list is sent out in batches. Weighting by time rather than taking a snapshot is what stops a wallet buying one block before a round and selling one block after.

The contract does not take the list on faith, but what it can check is bounded. It refuses to pay out more than the round took in. It refuses to pay a wallet twice from the same round. And it only ever sends to the address that wallet nominated. Inside those bounds, a wrong list pays the wrong wallets.

The inputs are entirely public, so anyone can run the indexer against the same chain, rebuild a round's list, and compare it with what was actually sent. That is what keeps the publisher honest, and it is worth saying plainly that it is the weakest link here rather than burying it.

it arrives on its own

There is nothing to claim. When a round runs, what it bought is sent to the wallets it belongs to. No button, no proof, no waiting period, no expiry.

One exception, and it is arithmetic rather than policy. A share worth less than the gas to move it is not worth sending, so anything under a floor of about 0.00002 ETH is held against your wallet and goes out whole the next time it clears. The floor is worked out from the rate the round itself traded at, not from a setting. If you want a crumb before then, sweep sends it, and anyone can trigger it for anyone else.

what you are paid in

A coin's holder is paid in the stock that coin named. A $HOOD holder is paid in the coins as they launch. One write sets where every future payout lands:

The to field works today. Converting a payout into a different asset than the round bought is written down and not built.

splits and dividends

Robinhood Stock Tokens do not rebase. A split or a dividend moves a multiplier and raw balances never change. So the contracts hold and distribute raw amounts and never read the multiplier, and only this site applies it for display. Doing it the other way would double-count every split.

the numbers

set means the contracts run with it today. proposed means it is written down and nothing runs with it yet.

enforced, run, not promised

an independent project. not affiliated with, endorsed by, or operated by Robinhood Markets. Nothing here is advice, and no figure on this site is a promise about the next one.