STEP 01
Name a handle
A launch names the handle its fees belong to. The vault address is derived from that account's permanent numeric id, so it exists before the vault does — and a rename can never move it.
Robinhood Chain · pre-launch
Launch a coin for anyone.The money is already theirs.
Point a coin's creator fees at any X handle and 2.16% of every trade becomes theirs, held on-chain in a vault only that account can empty.
CATBA — $DROP has not launched
Nothing has launched. The board below is a labelled sample, and every live figure on this page reads zero.
click the water — drop a name
3% per trade✦2.70% reaches the vault✦2.16% to the named account✦0.54% protocol✦0.30% venue✦nothing expires✦no signup✦no settlement function✦one vault per handle✦
Contract addressPRE-LAUNCH
CA
TBA — $DROP has not launchedThere is no token yet. Any address claiming to be $DROP today is fake — the real one appears here and on our own channels first.
Mechanism
How a name gets paid.
Every handle has a vault address that exists before the vault does. A launch points its creator fee at that address. Everything after is arithmetic.
STEP 02
Trades pay 3%
The venue keeps 30% of its own 1% base fee and nothing from the 2% creator tax. That is why 3% reaches the vault as 2.7%, not 2.1%.
STEP 03
80% lands in their name
Anyone can pull the fees in. 80% is credited to the account on-chain, 20% goes to the treasury in the same transaction. Only their signature moves it out.
The board
Every balance, in public.
Owed is the headline, not paid. Paid is a claim you would have to trust us on; owed is a balance anyone can read straight off the chain. The waiting column is the part that gets screenshotted.
The board
Sample · fictional accounts, nothing is live- DWDana Whitfield@danawhitfield$4,3126d 04h5 coins · waiting 6d 04hunclaimed
- MEMarcus Ely@marcusely$2,94019d 11h2 coins · waiting 19d 11hunclaimed
- PRPriya Raghavan@priyaraghavan$1,1563d 02h1 coin · waiting 3d 02hbinding · 48h
- JCJune Castellanos@junecast$840—1 coin · waiting —claimed
- TLTheo Lindqvist@theolind$5128d 19h3 coins · waiting 8d 19hunclaimed
- RARuth Abara@ruthabara$3062d 06h1 coin · waiting 2d 06hunclaimed
Owed, unclaimed · live
$0
pre-launch — no coin has been launched yet
Accounts named · live
0
the board opens empty
Paid out · live
$0
we will never count our own coin as a payout
The split
Three cuts. We show all three.
Everyone in this category quotes the recipient's share and stays quiet about the venue's. Move the number and watch where a trade fee actually lands.
$
Traders pay $3,000 in fees. Here is every cent of it, including the slice nobody else in this category prints.
72%
18%
10%
The named account
$2,160
2.16% of volume
Namedrop
$540
0.54% of volume
The launch venue
$300
0.30% of volume
Base trade fee
1%
fixed by the venue
Venue's cut of that base
30%
the number nobody publishes
Creator tax we set
2%
the venue takes none of it
Creator tax ceiling
10%
venue limit
Read from the venue's live contracts, not its documentation. They are owner-settable, so the board renders whatever is true at the time.
The vault
Every handle has a vault. We hold no key to it.
Money leaves it three ways. There is no fourth — and the proof is not a promise, it is what the contract does not contain.
The three exits
- 01
claim(asset, to)Signs and picks the destination.The bound account - 02
claimWithSig(…)Signs; anyone may submit it and pay the gas.The bound account - 03
push(asset)Sends to the bound address. The destination is not a parameter.Anyone
DropVault.sol — what is not in it−5
- −
settleOffchain()The function that lets an operator move your balance to the treasury by claiming an off-chain payout happened. - −
rescue() / sweep()No administrative drain of any kind. - −
expire()Balances never lapse. There is no clock on your money. - −
pause()Nobody can freeze a withdrawal, including us. - −
upgradeable proxyThe logic cannot be swapped under you after the fact.
The rival ships a settlement function. We simply do not write it — and that is checkable in thirty seconds by anyone who can read a contract.
Positioning
Same mechanic. Opposite custody.
Fee bridges todayNamedrop
Promise dollars through a payment rail they have not been granted
Promise nothing off-chain. The asset never leaves the chain it was earned on
Operator can move your balance to the treasury by asserting a payout happened
No settlement function exists. The only exit is the account's own signature
Headline metric is the protocol paying itself with its own coin's fees
Headline metric is what is owed, and to whom — a number that cannot be manufactured
Quote the recipient's 80% and stay silent about the venue's 30%
All three cuts, on every page, every time
1% trade fee — the named account nets 0.56% of volume
3% trade fee — the named account nets 2.16%, roughly four times more
Balances expire and pass to the treasury
Nothing expires. Ever
Who does what
Three people. Only one of them spends anything.
LANE 01
The launcher
pays: 0.0005 ETH + an optional dev buy
- 1 →
Type a handle. The page computes that account's vault address before the vault exists.
- 2 →
Launch in one transaction; the fee recipient is that vault.
- 3 →
Share the card. It links to their page, not yours.
LANE 02
The named account
pays: Nothing, ever
- 1 →
A coin names you. You are not asked, and you owe nobody anything.
- 2 →
One post per milestone, never per claim.
- 3 →
Sign in with X when you feel like it. Or never — the balance stays.
LANE 03
The verifier
pays: Nothing
- 1 →
Read the contract and look for the admin exit.
- 2 →
Compare the board's number against the vault on the explorer.
- 3 →
Check again tomorrow.
Figures
The protocol, in six numbers.
Parameters, not performance
Trade fee
3%
1% venue base + 2% creator tax
Reaches the vault
2.7%
the tax bypasses the venue's cut entirely
To the named account
2.16%
of all volume, held in their own vault
Gas per vault, per pull
$0.0015
measured on-chain, batched
Recipient share floor
50%
enforced by the contract, not the docs
Bind window
48h
public, and cannot be shortened
The token
$DROP buys attention. Never a bigger share.
The board's neutrality is the entire asset. The moment holding the token changes anyone's split, we acquire a reason to favour one coin over another — so the contract floors the recipient share at 50% and applies it to every vault identically.
TIER 01
Any holder
- ✓The full board and every account page
- ✓A launcher badge on coins you created
- ✓Alerts for accounts you follow
TIER 02
0.1% of supply
- ✓Monthly pin credits
- ✓Read API for the whole owed ledger
TIER 03
0.5% of supply
- ✓New board surfaces the week they ship
- ✓A vote on what gets built next
At no tier, ever
- ✕A larger share of any fee
- ✕Faster or prioritised payment
- ✕The ability to hide, delay or reorder a balance
Its own fees
$DROP launches last, and points its creator fees at a burn vault with no owner. We cannot open it either. A buyback is labelled a buyback and is never counted as a payout.
Architecture
Switch off everything we run. The money still comes out.
Nothing off-chain can move a balance. If every server we operate disappears tonight, each account can still withdraw by calling the contract directly.
Factory — a deterministic address per account
Vault — pull, push, claim, bind
Burn vault — ownerless, $DROP only
Indexer — chain to board, every minute
Keeper — threshold check, one batched pull
Relayer — pays the gas for claims
Anti-gaming
What people will try. What stops them.
01
Rename into a freed handle to steal a vault
Vaults key on the X numeric id, so a rename changes nothing
02
Wash-trade to put a fake number on the board
Token count and age sit beside every amount; a single-wallet spike reads as one
03
Spam launches at one handle for board position
The board aggregates per account — fifty coins are still one row
04
Bind someone else's handle
A 48-hour public window shows the pending address on that person's own page
05
Name a private individual to harass them
Do-not-name list, blocked at the launch input, opt-out honoured within 7 days
Roadmap
The only launch metric that counts is Phase 4.
PHASE 0 · in progress
Verification
- Venue fee split read from the live contracts
- Creator tax confirmed to bypass the venue's cut
- Gas for batched pulls measured on-chain
PHASE 1 · next
Contracts
- Vault + factory
- 48-hour public bind window
- A test asserting no path moves a balance to the treasury
PHASE 2 · planned
The board
- Indexer
- Permanent page per named account
- The public ledger, downloadable
PHASE 3 · planned
Launch and claim
- One-transaction launch
- Gasless claim
- Opt-out, shipping with launch
PHASE 4 · planned
First real payout
- The only launch metric that counts
PHASE 5 · planned
$DROP
- Creator fee routed to an ownerless burn vault
- Buyback labelled a buyback
Decisions
Every choice, and why it was made that way.
01
3% total trade fee
The venue's 1% base is fixed; the 2% tax bypasses its 30% cut, so 3% nets 2.7%
02
80 / 20 split
Floored at 50% in the contract — it can be raised, never lowered
03
One vault per account, keyed on the numeric id
A rename must never become a theft vector
04
No settlement function of any kind
The absence is the product
05
push() with a fixed destination
Lets us automate payment without ever choosing where it goes
06
Balances never expire
An expiry date would make the whole promise a countdown
07
Opt-out ships on day one
Naming people without asking makes an exit ramp a launch requirement
08
$DROP launches last
A fee product whose only live coin is its own proves nothing
Metrics we watch
- ●Owed to accounts that have never signed in
- ●Third-party withdrawals, count and value
- ●Median time from first named to first claim
- ●Opt-out rate
Never a headline
- ○Our own coin's fees counted as a payout
- ○Buybacks presented as traction
- ○Any 'total paid out' that includes money we paid ourselves
The honest take
The risks, in our own words.
A page that lists only strengths is an advertisement. These are the things that could actually go wrong.
Strengths
- The differentiator is a missing function, which anyone can verify in thirty seconds
- Every named account becomes a permanent page — distribution that compounds
- The fee is ~4x the category default, so the named account actually notices
Risks
- R1The venue's owner can reroute any coin's creator fee recipient after a three-day timelock, and the current recipient cannot veto it. This applies to every coin on the venue, ours included.
- R2Deciding which address belongs to a given handle cannot be done on-chain. We do it. The 48-hour public window bounds the damage; it does not remove the trust.
- R33% is expensive for traders against a 1% default.
- R4Most coins will earn almost nothing. This is a power-law product and the board has to read well while the numbers are small.
- R5Balances for accounts that never claim sit forever. That is the cost of the promise.
FAQ
Asked, and answered straight.
Does the named account have to agree?+
No. Nothing is asked of them: no signup, no wallet, no acknowledgement. Being named creates no relationship with us and implies no endorsement of the coin. They can ask to be removed at any time.
What stops you taking the money?+
There is no function in the contract that can move a recipient's balance to us. Money leaves a vault by the bound account's signature, or by a push to the address that account bound. There is no settlement, rescue, sweep, expiry or pause.
How do you know which wallet belongs to an account?+
We cannot prove it on-chain — nobody can — so we act as the oracle and make the step loud. A bind request is announced publicly on that account's own page and cannot execute for 48 hours.
What if they never claim?+
The balance stays in their vault, on-chain, forever. That is the cost of promising we cannot touch it, and we accept it.
Why 3% when the venue default is 1%?+
So the named account's share is large enough to notice. The extra 2% is a creator tax the venue takes nothing from, so almost all of it reaches the vault.
Is there a token?+
Not yet. $DROP launches last, after a third party has actually been paid, and its own creator fees go to a burn vault with no owner. Any address claiming to be $DROP today is fake.