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How it worksArithmeticLimitsBuildsDocsBuild a token

Every token herestands on something.

A launchpad where each token is issued with its own vault of tokenized equities. Two numbers, always: the price, and the floor underneath it.

See how it works

How a build works

One transaction, a fixed supply, and a vault that fills on its own from then on.

Burn to build

A build burns $FLOORR, at an amount fixed at deploy. Supply is a billion, no presale, and the creator keep is capped at 5%.

Every trade pours

Trades pay 1% both ways. Half pours into the token's own vault, which buys blue-chip equities in batches during market hours.

Claim the floor

Burn tokens, take your share of the vault in kind — fractions of each asset, not cash. Permissionless, always open, no fee.

Trade1% feeHalf of itThe vaultEquitiesThe floor

What the mechanism rests on

No withdrawal function

Not paused, not permissioned, not timelocked. Absent. No admin key can reach a vault.

Claims are floor-neutral

A claim removes vault and supply in exact proportion. The ratio is unchanged. Exactly.

Redemption is in kind

The claimer gets fractions of every asset held, pro rata. No selling into a bad book.

A fixed allowlist

Composition is chosen at build from a closed menu, so no launcher picks its own asset.

Rounding favours the vault

Every division rounds the claimer down and the vault up. No fraction is left to take.

Multipliers are read, never assumed

Splits arrive as an on-chain multiplier. A hardcoded 1.0 would misprice every floor.

The arithmetic

Fees only add to the vault, and a claim removes vault and supply in exact proportion, so no function in the system lowers the ratio. The assets in the vault are priced by a market, and that market can fall.

// V = vault value S = supply F = V / S
V' = V + pour // the vault grows
S' = S // supply is untouched
F' = (V + pour) / S
F' > F // the ratio rises

block 91,600,130 · chain 4663 · TSLA 1.000000 · AMZN 1.000000 · NFLX 1.000000

The ratchet

Pour a fee and the floor climbs a tooth. Claim, and vault and supply fall together so the pawl does not move. Try to drag it down — there is no function that does.

Floor

$0.00001000

vault ÷ supply

Price

$0.00004000

what the pool would pay

price
floor

Vault

$10,000

Supply

1,000,000,000

Pours

0

Claims

0

Simulated. No contract exists and no number here was read from a chain. One press pours the fee on $500,000 of trading — 1% both ways, half of it into the vault. A claim burns 4% of the supply and takes 4% of the vault with it, which is why the pawl does not move.

The model

A forecast of nothing. It runs the published arithmetic over inputs you choose, so the shape of the mechanism is something you can check rather than take on trust.

Simulation · not a forecast

seed 7 · 180 days

Floor at build

$0.00001000

Floor at the end

$0.000272

Price at the end

$0.000294

Poured into the vault

$225,000

top of scale $0.000521
floorprice
$50,000

20% funds the vault

$250,000

0.5% of it pours in

180

how long the run is

Open the share card

The wander is seeded, so the same seed always draws the same picture.

What this model assumes

  • Supply is fixed at 1,000,000,000 and no tokens are minted after the build.
  • 20% of the raise funds the vault; 80% seeds the pool and the position is locked.
  • Trades pay 1% and half of that pours into the vault, so the vault receives 0.5% of volume.
  • The price wanders with no drift. Its expected return in this model is zero.
  • Daily volatility is 12%, which is a guess about memecoins and not a measurement.
  • When the price falls below the floor, claimers burn tokens until it returns to the floor.
  • Vault assets are held at a constant price. Equity prices move; this model does not move them.
  • No slippage, no gas, no failed purchase windows.

What is built, and what is not

0 live, 9 partial, 2 absent. Implying completeness by silence is the cheapest lie a pre-launch site can tell, so every capability is named with its true state.

The floor arithmeticpartialIn a contract now, and covered by 23 protocol tests including 200 randomised claims asserting the floor never falls. The contract is not deployed.
Reading uiMultiplier from chainpartialWorking, live, on this page — against deployed Stock Tokens. A vault reads it too, proved against a mock, not yet against a real one.
The vault contractpartialWritten and tested. Its most important property is a function it does not have, and a test now asserts the absence of withdraw, sweep, rescue, migrate, upgrade and owner. Not deployed.
The token contractpartialWritten and tested, with no mint function, so supply can only fall. No supply exists yet because nothing is deployed.
A vault holding a Stock TokenpartialA vault contract holds one and reads its multiplier in the test suite, against a mock of ERC-8056. That answers the question in principle; it has not been done against a real Stock Token on chain 4663.
Building a tokenpartialThe flow exists at /launch and the factory it calls is written and tested. It needs a deployed factory address before it can build anything.
Claiming the floorpartialImplemented, and the claim path is the only way assets leave a vault. Tested for pro-rata payment in kind and for rounding that favours the vault. There is nothing deployed to claim from.
Chainlink price feedsabsentNo feed address on this chain has been verified, so none is hardcoded. Configured through an environment variable, empty today.
Token pages and the build indexpartialBuilt. They read the factory and render an empty index rather than a placeholder, and they will fill in on their own once there is an address to read.
$FLOORRpartialWritten: fixed supply, burnable, no mint, no owner. Not deployed. Burned to build when it exists; there is no sale, no presale and no allocation.
An auditabsentNone. The contracts have been written and tested by their author and reviewed by nobody else. Passing your own tests is not a substitute for an audit, and should not be read as one.

What this does, and what it does not

The second column is the one worth reading. It is also the one that is usually missing.

What the mechanism does

  • Holds each token's backing in its own vault, not a shared treasury
  • Adds to that vault out of trade fees, with no step that subtracts
  • Leaves redemption open to anyone, at any time, with no fee
  • Pays a claim in kind, pro rata across every asset held
  • Publishes the arithmetic so it can be checked rather than believed

What it does not do

  • Stop the vault's assets falling — a market prices them, and markets fall
  • Give you a share in a company — a Stock Token is economic exposure only
  • Promise a price, a return, or that the floor comes near the price
  • Exist yet — no contract is deployed and no audit has been done
  • Work everywhere — Stock Tokens are not offered in the US, Canada or the UK

The arithmetic is the whole argument

No contract is deployed and no audit has been done. What exists is the mechanism, written down in full, so it can be checked rather than believed. There is no token sale, no presale and no allocation.

Read the docs