starling
Trust

FAQ

Do I really get the same price as a bot?

If the bot is in the flock, yes, to the wei: everyone's tokens per ETH are the same. A bot that is not in the flock buys later, at a higher price.

Can the creator buy first?

Not before the flock: the token does not exist until the flock's transaction creates it. A creator can join the flock like anyone, and then pays the same price.

What is the most I can lose?

On the curve, selling right after, about the fees: 5.9% at a 2% creator tax. If you keep the tokens, the token can still fall to the start price (the floor), and past graduation it is a normal market where it can fall further. The contract never holds more of your ETH than your deposit, and you can leave for free until the deadline.

Why was I only filled partly?

The flock was oversubscribed. Everybody is filled with the same fraction, and the rest of your deposit comes back when you claim.

Who launches it?

Anyone, once the deadline has passed. The creator, a member, a bot, a stranger: the result is the same, because the contract does exactly what the hash says.

What if nobody launches?

After one day, every depositor can refund in full and the creator reclaims the fee reserve.

Can I sell right away?

Yes, on the Pons curve, like any holder. Selling inside the first 3 seconds of a token's life also pays Pons' snipe tax: wait a few seconds.

What do you charge?

Nothing. The contract has no fee of ours. You pay the curve fee (1%) and the creator tax on the buy and the sell, as on any Pons token, and the gas.

Do I need the token?

No. Nothing in the contract or the site depends on it.

Which chains?

Robinhood Chain (chain id 4663), on Pons V2. It was designed against that launchpad's actual contracts.

Is it audited?

No. See Security model.