The house takes a bid.
This page explains the pad’s own coin: part of what every trade pays is spent buying it back.
Every coin here charges a small fee on each trade — 0.25% to 2.00%, picked once by the person who created that coin — and a quarter of that fee is used to buy $LAUNCH on the open market, the same way anybody else would buy it. Across every coin listed here that averages 0.24% of the money traded. Half of what gets bought is destroyed for good; the rest goes to people who have locked their $LAUNCH up. That is buying pressure, nothing more. No rate of return is stated anywhere on this page, it is not a guarantee, and when the trading stops the buying stops with it.
Illustrative seed data · Not live market data $14.2K BOUGHT ON THE ILLUSTRATIVE DAYThe counter only moves when somebody trades. It is a bid funded by fees, not a guarantee, and a dead day adds nothing to it.
Every fill,
ONE LINE
A quarter of each coin's own fee never touches the treasury — it goes to market and buys $LAUNCH. This is that, fill by fill, priced by the same fee engine the ticket runs.
Those rows are fills you took on the trade ticket this session. They are stored in this browser, never on a chain, and the bid each one placed is the same quarter-of-the-fee slice the ledger above uses, at that coin's own rung. Clear them from the portfolio page.
Graduation is the other source: 1.50% of migrated liquidity, of which 50% buys $LAUNCH. Both numbers come out of the fee engine, so this ledger cannot drift away from what the trade ticket charges you.
Priced at 0.97% — the blended fee this board actually charges, weighted by lifetime notional, not the 1.00% default rung.
At this notional the bid absorbs 0.017% of the circulating cap in a day. Take the slider to zero and every number above goes to zero with it. That is the whole mechanism: no volume, no bid, no burn.
Burned,
OR HANDED BACK
Once the bid has bought, the tokens split two ways and stop there. Both destinations are computed from the lifetime ledger above, never typed.
Nothing here is owed to anyone. The burn is irreversible; the staker half is a distribution of tokens that were bought, not a promised payment and not interest on a deposit.
That is one day of a distribution that already happened in this illustrative seed, divided by the pool you would have been part of. It is not a rate, it is not annualised anywhere on this page, and it does not repeat by itself — a quiet day pays nothing at all.
What the
SUPPLY LOOKS LIKE
Fixed at deploy, mint burned, no unlock schedule to wait out. The bar sums to total supply because burned, staked and liquid are the only three places it can be.
Supply is fixed and the mint authority is burned at deploy, so the only direction this total moves is down, and only when the buyback actually fires. There is no emission schedule to point at because there are no emissions.
A DEAD DAYBIDS NOTHING.
On the illustrative day above, $4.81M of notional crossed the curves and $14,215 went out as an open-market bid. Halve the volume and you halve the bid. Take it to zero and the bid is $0.00. There is no floor underneath, because the floor is the volume.
this is reflexive, not a rate. no return is quoted on this page and none is implied.
What $LAUNCH
IS NOT
The mechanism above is reflexive, which means it works in both directions. Nothing here is owed to you and no rate is quoted anywhere on this page.
Every figure on this page is computed from the illustrative seed data through the same curve and fee engines the trade ticket runs. None of it is live market data and none of it is a forecast.