Layer 8 · The IPO Desk

Launch a token. Ring the bell.

Three configurations, three pairs, one finalisation path. Curve fees fill a public bar; a draw decides when the bell rings and which token it buys.

DESKCLOSED · Phase 6FACTORYNOT DEPLOYEDBUYBACK BAR0%BELLNOT DRAWN
CONFIGURATIONS
3
Fixed price, bonding curve, custom parameters. One factory, one finalisation path.
PAIRS
3
ETH, $MEOW, or any listed tokenized stock. Venture Arm launches get the $MEOW pair as well.
CURATED BADGES
21
Every C-Suite and CEO chair in the company. That is the entire population entitled to run an official launch — 6 C-Suite and 1 CEO per corporation.
LAUNCH FEES
70/30
70% into the Payday pot and 30% to the treasury — the same split as every other ETH fee in the protocol.
Create a launch

Three shapes, three pairs

Nothing here collects parameters yet. Phase 6 is closed and the factory is not deployed.

FIXED PRICE

One price for the whole sale.

Every buyer pays the same number for the same token, first to last. The sale finalises when the cap fills, and the raise seats the pool at a price the book already agreed on.

No curve, no early-buyer discount, no Earnings Call contribution.

BONDING CURVE

Price is a function of supply sold.

Buys move the price up the curve and sells move it back down, both against the pool itself, so a launch is tradeable from its first block rather than from finalisation.

Part of every curve fee flows into the Earnings Call buyback bar.

CUSTOM

Supply, schedule, caps, finalize conditions.

The parameter set the first two are presets of. For launches that need a shape the factory does not ship — a stepped schedule, a hard per-wallet cap, a delayed open.

Same contracts, same fee split, same finalisation path.

CREATE A LAUNCHCLOSED · Phase 6
PAIRETHPAIR$MEOWPAIRTOKENIZED STOCK
ConfigurationFixed price · Bonding curve · Custom
Pair againstETH · $MEOW · tokenized stock
On finalizeUniswap V3 pool, seeded by the raise
Also deployedAuto-LP, fee splitter, staking vault
Venture ArmIncubator tokens also paired against $MEOW
Launch fees70% Payday · 30% treasury

Finalisation is one transaction and it does three things: it seats the raise as liquidity in a Uniswap V3 pool, it points that pool's fees at a splitter, and it deploys a staking vault for the launched token. A Venture Arm launch gets a second pair against $MEOW in the same call, so the incubator's tokens have a route to the protocol token and not only to ETH.

Who can launch

Two paths, one factory

Rank gates the badge, not the contracts. A community launch runs the same code with the same fees.

OFFICIAL CURATED LAUNCHC-SUITE OR CEO
C-SUITECEO

The right to run an official launch is what the C-Suite chair unlocks, and a CEO keeps it. It takes a badge somebody else therefore does not have: 6 C-Suite and 1 CEO per corporation, 21 across the whole company. When those are taken the only route in is a Boardroom Challenge.

RequiresRank 6 or 7 — C-Suite or CEO
Seats collection-wide21
CarriesThe curated badge on the launch
Fees70% Payday · 30% treasury
COMMUNITY LAUNCHOPEN TO ALL

No badge, no rank, no application. Any wallet can deploy a launch from the same factory, choose the same three configurations, pair against the same three assets, and finalise into the same auto-LP. It ships without the curated badge and that is the entire difference.

RequiresNothing
CarriesNo badge
ContractsIdentical to a curated launch
Fees70% Payday · 30% treasury

The badge is a rank check, not diligence. It says a C-Suite chair signed the launch; it does not say the token is good, and nobody at MEOW INC. reviews what a launch does with its raise.

On the board

Live curves

Price, raise and bar share for every launch currently trading against its curve.

Live launches on a bonding curve, their pair, price, raise and contribution to the Earnings Call buyback bar.
TOKENCONFIGURATIONPAIRPRICERAISEDBAR SHAREBADGE
NO LIVE CURVES

No launch yet. Phase 6 opens the IPO Desk on a separate owner call (SPEC §13). Live curves appear here with their price, raise and share of the bar.

Nothing indexed yet. The read API is answering and has no events to report: the protocol ships closed and this phase has not been opened by the owner (SPEC §13). When Phase 6 opens, live launches list here with their price, raise, and share of the bar — which is also their weight in the draw.

The Earnings Call

One draw fixes when, and which

A share of every bonding-curve fee fills a public bar. When it is full, one VRNG draw settles the timing and the target together.

BUYBACK BARNOT INDEXED
Bar level: 0%. It fills from a share of every bonding-curve fee, and it is public the whole way up — there is no private view of it.
Bar level0%
Filled byA share of every bonding-curve fee
Contributing curves0
Bell statusNOT DRAWN
Chosen token
Caller tipPaid to whoever rings it

The button is inert because the bar is empty, the draw has not happened, and Phase 6 is closed. When all three change it becomes live for every wallet at once — the bell is not the team's to ring first.

ONE DRAW, TWO ANSWERS

When the bar fills, a single VRNG draw settles both of the questions that could otherwise be gamed. Splitting them into two draws, or letting anyone choose either one, is how a buyback becomes an exit.

Answer 1 — WHENThe block the bell becomes available
Answer 2 — WHICHThe live token that receives the sweep
Selection weightProportional to bar contribution
Every live tokenHas non-zero weight
On ringThe whole bar buys, in one sweep
Bought intoThe token's own curve

A high-volume curve paid more of the bar and gets more of the chances; it does not get all of them, and a small curve is never at zero. The sweep goes straight into the chosen token's curve — it is a buy at the curve price, in public, not an OTC fill at a negotiated one.

The entropy path is byte for byte the Performance Review path. The same VRNGConductor, the same commit-before-entropy ordering, the same fail-closed behaviour and the same public verification. That is what makes the buyback moment un-snipeable: the deciding word does not exist when the draw is committed, so the moment cannot be ground for, front-run, or selectively cancelled — by anyone, the team included. A stuck draw is rescued on the same 48-hour clock, and a rescued Earnings Call returns the bar to where it was rather than paying it out.

The same conductor

Why the bell cannot be sniped

Identical to the Performance Review path. If one is verifiable, so is the other; if one breaks, both fail closed.

VRNG CONDUCTORNOT CHAINLINK VRF

There is no production Chainlink VRF on Robinhood Chain. The conductor reads a word from a certified on-chain print feed instead. It is verifiable and it is not the industry standard — both halves of that sentence belong on this page.

Commit before entropyA bell draw commits to a word that does not exist yet
Derived fromFuture prints, after the commit lands
VerificationwordOf(id) === previewWord(id)
Cancel after a bad rollImpossible
If the feed thins outFails closed — no new tickets
Stuck runRescued after 48h, full refund
Reserved per open round50.00× in real shares
Source migration3-day timelock, two calls
  • Nobody picks the outcome. Not the player, not the house, not a single miner — the deciding print does not exist when the run is committed. Once it lands the round closes and the ticket cannot be withdrawn.
  • Fail closed, not fail open. If prints thin out the machine stops selling. Settling, rescuing, redeeming and buying back keep working in every state — the paths that return money never depend on the feed.
  • An uncovered prize is not sold. Concurrency is bounded by inventory: every open round reserves the worst case for the house, 50.00×, in real shares. A machine cannot owe a prize it does not hold.
  • Migration is a config change. An IEntropySource adapter sits in front of the feed, so moving to VRF is proposeConductor, 3 days, then commitConductor — not a redeploy, and not a same-block swap.
WHAT A LAUNCH HERE IS NOTREAD THIS

Four things the desk deliberately does not do. Each one is a property of the design rather than a disclaimer bolted on afterwards.

  • No vetting. Community launches are permissionless and curated launches are gated on a rank, not on a review of the project. The badge means a chair signed it.
  • The buyback is not a payout. The bar sweeps into one token's curve. It does not distribute to contributors, to holders of $MEOW, or to the wallet that rang the bell — that wallet gets a tip for paying the gas, and nothing else.
  • Launch fees are redistribution. The 70% share feeds payroll: collected fees, converted to stock, split by rank. Not yield. No launches, no launch fees.
  • The owner can withdraw everything. Every contract here is an upgradeable proxy the owner can withdraw from (SPEC §0). It is the protocol's largest trust assumption, and it is stated first rather than last.

Nothing on this page is deployed. Phase 6 is the last phase in SPEC §13 and the protocol ships closed: hiring closed, market closed, every phase flag false. Opening the IPO Desk is a separate, explicit owner call. Until it happens, every action here renders as a waiting state — there is no address to send anything to, and any site that offers you one is not this one.