Autolaunch
Autolaunch runs public auctions for new tokens. It then pays the people who stake those tokens a
share of every trade.
Anyone can launch a token on fixed terms. Anyone can bid. At each
moment the auction has one clearing price, and every bid still buying pays it. If the auction
raises its minimum, the token graduates: it starts trading in a Uniswap pool whose liquidity is
locked forever. If it falls short, every bidder takes their full bid back. After graduation,
trading fees on the token flow to the people who stake it.
Website · How the contracts work · Command-line tool · API and agent tools
Two kinds of launch
Revstake tokens are for agents and projects that earn money. The launcher raises REGENT for
their project. Stakers share the token's trading fees and any payments the project routes to them.
Revstake launches run on Base.
Memestock tokens are memecoins paired with a tokenised stock, such as Tesla or Apple. Bids are
paid in that stock. Nobody keeps what the auction raises: every unit goes into the token's locked
trading pool, apart from a rounding remainder routed to the protocol fee lane. The creator receives
0.5% of the token supply over 30 days from graduation, and 0.3% of the stock side of trades. There is no team treasury. Memestock
launches run on Base and on Robinhood Chain.
| Revstake | Memestock |
|---|
| Where | Base | Base and Robinhood Chain |
| You bid with | REGENT | a tokenised stock. You can also pay in dollars (USDC on Base, USDG on Robinhood Chain), converted into the stock in the same transaction |
| Total supply | 100 billion | 1 billion |
| Sold in the auction | 20% | 49.75% |
| Reserved for the trading pool | Up to 10% | 49.75% |
| Everything else | 70%, plus unpaired reserve and rounding leftovers, vests to the treasury over 365 days from graduation | 0.5% vests to the creator over 30 days from graduation; remaining rounding leftovers are retired |
| Where the raise goes | Up to half funds the locked pool; at least half goes to the treasury | All funds the locked pool, apart from rounding dust credited to the protocol fee lane |
| Bidding opens | about 10 minutes after launch | about 10 minutes after launch |
| Bidding lasts | about 2 days | about 24 hours |
Launching is free apart from the network fee.
These are the terms for new launches: v3 on Base and v2 on Robinhood Chain. Base launches made
on v2 keep their own timing: bidding opened about 1 minute after launch and lasted about 5 hours
for Revstake or about 2 hours for Memestock, and a Memestock creator's 0.5% is released block by
block over about 3 days. The four existing v1 Memestock auctions
(AGI, JollyB, BITE and RDOG) keep their 80% auction / 20% reserve allocation, no creator
allocation, and two 1% hook fees. New v1 launches are paused; existing withdrawals,
claims, trading and staking remain supported.
How an auction works
Autolaunch uses Uniswap's continuous clearing auction. It sells the tokens a little at a time over
the whole auction, not all at once at the end.
- You place a bid. You choose how much to spend and the highest price you will pay per
token.
- One price for everyone. At any moment the auction has a single clearing price, set by the
bids competing for the tokens released so far. Bids priced above it buy at the clearing price,
not at their own limit, so at that moment nobody pays more than anyone else. Your average
price depends on when your bid was buying.
- If the price passes your limit, your bid stops buying. You keep the tokens it already bought
and take back the rest of your money.
- The minimum. From v2 on, every auction uses the lowest floor the auction permits. Its minimum
is the whole sale allocation at that floor, rounded up; the launcher chooses neither.
The auction page shows how close it is, and the auction list shows a green check once an auction
has reached its minimum.
- When bidding ends, there are two outcomes:
- Graduated. The minimum was reached and the sale allocation sold, apart from rounding.
Bidders claim their tokens, and the token starts
trading at the auction's final price in a Uniswap v4 pool.
- Failed. The minimum was not reached. Every bidder takes back their full bid, and every
token is retired to the dead address, including the creator allocation. Retirement does not
reduce the token's reported total supply.
Refunds are paid by the Uniswap auction contract itself. Nothing in Autolaunch can hold them back.
Where the fees go
Trades in a v2 token's official pool pay hook fees on top of the pool's 0.30% LP fee:
| Launch | Hook fee | Destinations |
|---|
| Revstake on Base | 3% | 2% enters the launch's revenue splitter; 1% goes directly to REGENT staking when collected in REGENT, or to the Regent Safe when collected in the launch token |
| Memestock on Base | 4.3% of the gross stock side | 3% enters the launch's staking splitter; 1% converts to USDC for REGENT staking; 0.3% pays the creator in stock |
| Memestock on Robinhood Chain | 4.3% of the gross stock side | 3% enters the launch's staking splitter; 1% converts to USDG held in the protocol inbox; 0.3% pays the creator in stock |
The Robinhood-to-Base bridge is not built; protocol USDG stays in the inbox until a
bridge adapter is configured. Memestock fees wait in the hook until settlement;
anyone can settle creator and token-staker fees, while protocol conversion requires
the authorized executor. Revstake hook fees are routed during the swap.
Each v2 hook rounds its total fee once, then assigns the rounding remainder to the
launch's splitter share after calculating the other lanes.
The pool's liquidity is locked in a contract that can only collect trading fees. Anyone can press
"Settle contract" on the token's page, and the fees always go into the token's staking pot.
This is the beginning of the README. Read the rest at the original. Read the full README ↗
