How Ouroboros works
A fair-launch protocol where trading fees never leave the ecosystem — they become permanent liquidity and holder rewards. Everything below is enforced on-chain.
Introduction
Ouroboros is a pump.fun-style launchpad on Robinhood Chain. Anyone can launch a token on a transparent bonding curve, trade it instantly, and — once the curve fills — see it graduate to a DEX. The difference is the loop: every trade charges a small fee that is folded back into liquidity and streamed to holders, instead of being siphoned to a treasury.
There are no presales, no team allocations, and no privileged mint. The full supply is sold through the curve, and the same rules apply to every participant — including the creator.
The loop
Four steps, no leaks:
- 1Trade. Buy and sell on a constant-product bonding curve. A flat 1.5% fee applies to every trade.
- 2Fees → Liquidity. Part of every fee is retained inside the curve as permanent, locked liquidity — deepening the market and lifting the price floor.
- 3Liquidity → Rewards. Another slice streams straight into the token contract, pooled in ETH.
- 4Rewards → Holders. Just hold. Your share of the fees accrues automatically, proportional to your balance. Connect your wallet and claim anytime — no staking.
Launching a token
A single transaction on the Launch page deploys everything: the dividend token, its bonding curve, and the rewards vault, all wired into the loop. You provide a name, ticker, description, image, and optional socials.
The creation fee is charged once, at launch, and goes to the protocol. Any excess ETH you send is refunded in the same transaction.
Dev buy
Creators can optionally buy their own token in the very same launch transaction — a dev buy — so they can secure an initial position before anyone else trades. To keep launches fair, the dev buy is capped at the same 2% of supply anti-whale limit that applies to every other buyer. It is executed on the curve at the launch price and pays the standard trade fee, exactly like any normal buy.
The bonding curve
Price is set by a constant-product virtual-reserve curve. As tokens are bought the price rises along the curve; as they are sold it falls. There is no order book and no external market maker — the curve is always available and fully on-chain.
A small virtual ETH seed sets the starting price and is paired with the graduation target so that the price on the curve stays close to the price the token will have on the DEX after graduation.
Fees
Every trade on the curve charges a flat 1.5% fee, split three ways on-chain:
The protocol is the platform's fee recipient — the wallet that runs Ouroboros. The fee split and recipient are configurable by the protocol owner, but the three destinations are fixed in the contract.
After a curve token graduates, a 1% trade tax (hard-capped at 2%) applies to swaps against its DEX pair and flows to the protocol vault — wallet-to-wallet transfers are never taxed. Instant-V3 tokens instead pay the pool's own 1% fee tier (see Instant V3 launch).
Holder rewards
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.
Graduation
When cumulative real ETH raised reaches the graduation target (4 ETH), the curve graduates. It migrates all remaining tokens and the real ETH it holds into a DEX pair as permanent liquidity, and the LP tokens are burned — so the liquidity can never be pulled.
Graduated tokens keep trading — the market simply moves onto a deep, locked DEX pool, and the token's page switches to a live DEX chart.
Instant V3 launch
Besides the bonding curve, the Launch page offers a second mode: Instant V3 pool. The token launches straight into a Uniswap V3 pool — no curve, no graduation. It is tradable the second the launch transaction confirms, with full DexScreener history from the very first trade.
The 1% pool fee accrues inside the locked position and is released by a permissionless Harvest — anyone can trigger it from the token page; the split is enforced on-chain, so the caller receives nothing. Buys pay the fee in ETH; sells pay it in the token, and that token side goes to the protocol. V3-mode tokens carry no transfer tax.
Safety & anti-whale
- Anti-whale cap. During the curve, no single buy can take more than 2% of supply — including the creator's dev buy.
- Permanent liquidity. The liquidity fee stays in the curve, and at graduation the migrated LP is burned. There is no rug lever.
- No frozen rewards. After graduation, dividend authority is renounced — no human can ever exclude a holder from rewards.
- Unaudited. Ouroboros is reference software. Nothing here is financial advice. Trade responsibly and only with what you can afford to lose.