How PenkPad works
A bonding-curve launchpad on four chains. Same rules for everyone, written in the contract: the owner cannot touch funds, the fees of an existing launch or the creators' slots.
- 1Launch1 transaction, curve live at once
- 2Anti-snipebots pay in the first 3 seconds
- 3Tradingevery trade pays 1% and burns
- 4Graduationliquidity locked forever
Fees on every trade
Every buy and sell on the curve pays a 1% base fee, always in native (PEPU, ETH or MON). It splits like this:
Creator tax 0-3%
The launcher can add a 0 to 3% tax (capped in the contract). It goes 100% to the creator fee recipients, outside the 70/30 split. It is fixed at launch and never changes.
Creator fee split
Creator fees can be split between 1 and 10 wallets, with percentages adding up to 100. Each recipient can move only their own slot to another address; what was earned before stays theirs. Nobody else, not even the platform owner, can touch the slots.
Anti-snipe
In the first seconds after launch, buys pay an extra tax (buys only). Bots buying in the launch block pay almost everything; anyone waiting three seconds pays nothing. The tax joins the 1% pot and is split 70/30 like the rest.
Exempt: the launcher, the fee recipients and up to 32 declared addresses, only if they are plain wallets (EOAs). An address with code (contract, multisig, router, EIP-7702 delegated wallet) declared exempt makes the launch revert. The initial buy inside the launch transaction is always exempt.
The curve
Fixed supply of 1 billion, no mint, no token owner. Price follows x·y = k with a virtual reserve equal to 40% of the target, rising about 12x from start to graduation. A buy that crosses the target is filled up to it and the rest is refunded.
Graduation per chain
PepuSwap V3, 1% pool: the pool is created and pinned at the graduation price already at launch (that is what the 1 PEPU seed is for), liquidity goes to a locker with no withdraw function. After graduation the pool's 1% fee is split 70/30; the creator tax ends at graduation.
Uniswap v4 with PenkHook: the pool is created and funded in the same transaction, liquidity is locked forever. The hook keeps taking 1% + creator tax on every swap and splits it exactly like the curve.
Uniswap v4 with PenkHook: the pool is created and funded in the same transaction, liquidity is locked forever. The hook keeps taking 1% + creator tax on every swap and splits it exactly like the curve.
Uniswap v4 with PenkHook: the pool is created and funded in the same transaction, liquidity is locked forever. The hook keeps taking 1% + creator tax on every swap and splits it exactly like the curve.
If graduation fails, the buy stays valid and anyone can retry it. If a launch stays ready for 72 hours without graduating, sells on the curve reopen: holders' funds are never stuck.
Weekly top-10 traders
Every week (from Monday 00:00 UTC) the 10 wallets with the most volume across all chains split the 0.05% fund: 25, 18, 14, 11, 9, 7, 6, 4, 3, 3 percent. Paid in PEPU on Pepe Unchained. Creators on their own token, contracts and wash-trading clusters are excluded.
Keeper custody (transparency note)
The PEPU burn on Ethereum is not atomic. The 0.2% reaches the platform keeper in native on each chain; the keeper moves it to Ethereum (bridge from Pepe Unchained, conversion from ETH/MON), buys PEPU L1 and burns it. Between collection and burn the funds are in the keeper's custody. Same for the rewards fund before payout. Destinations can only change through a 48-hour timelock visible on-chain.
What the owner can do
Only change the parameters of FUTURE launches within fixed bounds (target, creation fee, anti-snipe) and, with 48 hours notice, the burn and keeper destinations. The owner cannot withdraw curve funds or credits, change fees of existing launches, pause, or touch locked liquidity. Every launch checks the config version: if it changes while your transaction is in flight, it reverts instead of charging you something else.