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The Codex

HOW THE LAUNCHPAD WORKS · SINGLE-SIDED, LOCKED-FROM-BLOCK-ONE · v1

CONTENTS
1. Overview
2. How a token is created
3. Liquidity & the locked floor
4. Graduation
5. Fees
6. Buyback & burn
7. Onboarding & gas
8. Security
9. Disclaimer

1Overview

Merry Men is a permissionless launchpad on Robinhood Chain. Anyone can launch a token in a single transaction. Every launch seeds its entire supply as a single-sided, permanently-locked Uniswap V3 position and is tradeable from the first block — there is no bonding curve and no liquidity migration.

The result is a level playing field: no presale, no team allocation, and liquidity that can never be pulled. The price you see is the price everyone gets.

2How a token is created

Launching is one transaction. Here is exactly what happens:

  1. 01
    Name it
    Choose a name, ticker, and an image for your coin, and add a description and social links (all editable later). Optionally include a first buy in the same transaction.
  2. 02
    One transaction
    The factory deploys a fresh, fixed-supply ERC-20 and mints the entire supply to itself. The token has no owner, mint, pause, or tax function — it is inert by construction.
  3. 03
    Single-sided seed
    The factory creates the TOKEN/WETH Uniswap V3 pool (1% tier), initialises the price at the floor of your range, and deposits the whole supply as a one-sided position holding only your token — zero WETH is consumed. This is enforced on-chain.
  4. 04
    Locked forever
    The position NFT is transferred to the locker contract, which has no code path to release it. The liquidity floor is locked permanently from block one; only accrued trading fees can ever be withdrawn.
  5. 05
    Live
    Your coin is tradeable on Uniswap from that block. Buyers contribute the WETH side as they trade, walking the price up the range — a permanent, growing liquidity floor. No bonding curve, no migration window, nothing to rug.
Token economy
Total supplyFixed at launch (creator-chosen; default 1,000,000,000)
Initial distribution100% seeded as liquidity — no presale, no team allocation
Quote assetWETH · Uniswap V3, 1% fee tier
LiquiditySingle-sided, permanently locked at launch
Bonding curveNone — tradeable on Uniswap from block one
Token contractImmutable: no owner, mint, pause, blacklist, or tax
GraduationOff-chain milestone — moves no funds, no migration

3Liquidity & the locked floor

A single-sided Uniswap V3 position over a price range is the curve: starting at the bottom of the range with only the token, each buy walks the price up and leaves WETH inside the position. Because the position never migrates, the single worst exploit of curve-then-migrate launchpads — the migration window — does not exist here.

The position NFT is held by a locker with no release path. Liquidity is locked at launch, permanently. Only the accrued 1% trading fees are ever withdrawable; the deposited principal is untouchable.

4Graduation

"Escaping to Sherwood" is a community milestone tracked off-chain from net buys and liquidity depth. It is a badge, not a fund-moving event: nothing migrates and nothing new is locked, because the floor was already locked from block one. It exists to mark momentum, not to gate trading.

5Fees

Every trade pays a 1% fee — the industry standard — split at the protocol level. Creators keep half; of the platform's half, 30% funds the buyback-and-burn and 70% funds operations.

Trade fee1.00%Uniswap V3 fee tier, symmetric on buy and sell
Creator0.50%50% of the fee — the most generous split among major pads
Operations0.35%Infrastructure, development, audit, legal, marketing
Buyback & burn0.15%30% of the platform's share — funds the burn treasury

Precisely: 15% of every trading fee buys and burns qualifying tokens (0.15% of volume). The fee applies for the life of the token and both sides always receive ETH.

6Buyback & burn

The 0.15% buyback stream flows into a single, contract-enforced treasury that buys qualifying tokens on the open market and burns them. The team can never touch it and holds nothing it buys — every token purchased is destroyed. There is no native token and no insider bag to sell.

Each round buys and burns the top 20 launch tokens by fees contributed — one for each merry man. Selection is merit-only and fully deterministic: the 20 biggest contributors to the fee pool get bought and burned, every round. Qualifying requires locked liquidity (automatic here), a minimum age, and a real trading floor. Every step is on-chain-verifiable — no oracle, no randomness, nothing to trust.

7Onboarding & gas

You do not need to be crypto-native. Sign in with email, Google, Apple, or a passkey and a wallet is created for you — no seed phrase, no extension. For those sign-ins the network gas is sponsored, so you never need to hold ETH just to transact; you only bring funds for the coin itself, which you can top up with a card. Bring-your-own-wallet users (MetaMask, Coinbase, Robinhood Wallet, WalletConnect) connect as usual and pay their own gas.

8Security

9Disclaimer

Nothing here is financial advice. Memecoins are high-risk; only participate with funds you can afford to lose. The platform is descriptive, not promissory — buybacks and burns are mechanical outcomes of the rules above, not a return, yield, or guarantee.