Field guide

How the pen works

Everything about launching, fees, rewards and the burn, in the order you will meet it.

The short version

1B supplyAll of it goes into the pool the moment you launch. Nothing is held back for the creator.
1% or 2%The fee on every trade is one of these two. You choose when you launch.
20% is oursA fifth of every fee goes to the platform. The other 80% is yours to split.
Locked inFee, split, logo and links are fixed at launch and can never be edited.

Where the fee goes

Every fee is cut into two parts. The platform always takes 20%. The remaining 80% is divided between three jobs, in whatever mix you pick.

Us 20%You split 80%

Creator first

70 / 15 / 15

Holders first

15 / 70 / 15

Burn first

15 / 15 / 70
CreatorHoldersBurn

The fee is charged on the pair side of each trade: on what you pay when buying, and on what you receive when selling. The pool also carries its own 0.30% Uniswap fee on top. Only exact-input swaps are supported.

Launching, step by step

  1. IdentityName, ticker, logo, description and links. You sign once with your wallet.
  2. PairETH, or any ERC20 the platform has opened as a pair. Opened pairs appear in the wizard.
  3. FeePick 1% or 2%, then split the creator share between you, holders and the burn.
  4. First bagOptional. Buy your own starting position in the same transaction.
  5. LaunchOne transaction. The platform fee is a flat 0.0005 ETH plus network gas. Starting market cap is about $3,000.

Rewards and burn

Creator and holders

Rewards are paid in the token's pair asset (ETH for ETH pairs). Fees from buys are collected first and shared out when anyone triggers it. Claiming on the token page does that for you as one extra transaction. Holder rewards follow circulating supply; the pool and the burn address never earn.

The burn

If a creator gives any share to Burn, it builds up per token. The platform periodically uses it to buy that token from its own pool and send it to the burn address (0x…dEaD). It runs on the platform's schedule, not on every trade, so a token's burned total grows in steps.

Questions

Can I change my fee after launch?
No. The fee and the split are permanent. That is on purpose, so holders know the terms will not shift under them.
What does the platform's 20% pay for?
Infrastructure, indexing and further development of OINK.
Is the code audited?
No. The contracts are open source but have not been audited. Treat everything here as experimental.
Is this financial advice?
No. Anyone can launch a token here and most tokens are extremely risky. Read the fee split on each token page before you trade, and never put in more than you can afford to lose. DYOR.

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