How Coil works

Coil is a launchpad on Robinhood Chain. Every launch goes straight into a Uniswap v4 pool: the token is tradable the second the launch transaction confirms. The difference is the loop: a small fee is taken on every swap by the pool's hook and split on-chain the instant it's taken — a share streams to holders, and a slice buys and burns $COIL.

There are no presales, no team allocations, and no privileged mint. The entire supply is minted as pool liquidity and locked forever — the same rules apply to every participant, including the creator.

Four steps, no leaks:

1. 1Trade. Buy and sell on a live Uniswap v4 pool from second one. Every swap pays a small native fee, taken by the hook inside the trade — not a fee-on-transfer, so aggregators and bots route it fine.
2. 2Locked liquidity. The whole supply is minted as the pool's liquidity, owned by the hook itself, which renounces ownership at launch. There is no withdraw function — the position is locked by construction.
3. 3Fees → Split. The per-swap fee is split on-chain the instant it's taken: holders, the protocol, and a burn slice that buys and burns $COIL. No harvest button — it happens on every trade.
4. 4Rewards → Holders. Just hold. Your share of the fees accrues automatically, proportional to your balance. Connect your wallet and claim anytime — no staking.

A single transaction on the Launch page does everything: deploys the token and its hook, creates and initializes the Uniswap v4 pool, mints the entire supply as liquidity, and renounces ownership so the position is locked forever. You provide a name, ticker, description, image, and optional socials.

Launching is free — you pay only the network gas. Any excess ETH you send is refunded in the same transaction. (A creation fee can be configured on-chain by the protocol; it is currently set to zero.)

Creators can optionally buy their own token right after launch — a dev buy — fired as a follow-up swap through Coil Swap in a second transaction, moments after the pool goes live. It pays the same per-swap fee as any other trade.

The only trading fee is a native per-swap fee — 1% by default — taken by the pool's hook inside every swap (the pool's own Uniswap LP fee is 0%, so the trader is never charged twice). It is split on-chain the instant it is taken, with no harvest step and nothing left for a caller to skim. The default split (the protocol can retune it on-chain, capped at 5% total):

Buys pay the fee in ETH; sells pay it in the token — each side is split the same three ways. Tokens carry no transfer tax — wallet-to-wallet transfers are always free.

The token itself is a dividend token. Every time the holder-fee is streamed in, a dividend accumulator credits each holder's share proportional to their balance and keeps it correct as balances move. There are no snapshots to game and no staking to lock.

Connect your wallet on the Rewards page to see everything you've earned across the tokens you hold, and claim whenever you want. Hold longer and you are simply present for more inflows.

At launch the creator picks one of two rewards modes, fixed forever:

Creator Rewards tokens are clearly badged on their token page, and their Rewards panel explains that holding them does not accrue ETH.

Season 1 is live. Points are a reputation score computed entirely from public on-chain events — no signup, no snapshot, nothing to opt into. Using the loop is earning:

Anti-wash rule: volume only counts on tokens at least 3 distinct wallets have traded. See the live board on the Points page. Points are a reputation metric only — they carry no guaranteed monetary value, yield, or future entitlement of any kind.

• Liquidity locked forever. The pool position is owned by the token's own hook, which renounces ownership at launch. There is no withdraw function, no admin, no rug lever — the principal can never leave.
• No privileged supply. The entire supply is minted into the pool. The creator's only way to get tokens is buying them, like everyone else.
• No frozen rewards. Dividend authority is renounced at launch — no human can ever exclude a holder from rewards.