$WODE now enters the forest as a Rooted token. Its trade shall feed an adaptive basket of up to ten of Scherwode’s strongest graduates, making it, in time, the graduate index of the forest.
Rooted tokens turn the passage of trade into lasting strength.
They begin as all Scherwode launches do, upon the bonding curve, and in time graduate into a Uniswap v4 pool whose liquidity is locked beyond recall.
Yet a Rooted market does not leave the road empty behind it. A small portion of every trade passes into Root Capital, there to acquire and hold its chosen Roots.
These may be tokens born within Scherwode, memecoins, great crypto assets, real-world assets, or tokenized stocks where they may lawfully be held.
https://t.co/3AwCgYoy9J
0xecac797426871a34b42d422be657012f8ce0ab41
Another site update arriving today.
Charts are fixed and now show the entirety of price action from pre-bonding through to graduation and to the present day.
Additionally, the root basket display has also been overhauled and will now show it's balance sheet.
Notice: $WODE contract is 0xecac797426871a34b42d422be657012f8ce0ab41
And the correct pool is 0x2bc3a103a3998550d3ed9aba0f38166eef3a4a01a3340b6447b45b198ec8dcf3
Hearing from users that Uniswap is unreliable, and sometimes incorrectly tries to send you to the wrong pool.
Recommend trading directly on https://t.co/WTE6xDaAJB
Most launchpads help a token leave the bonding curve, then abandon it to the market. Scherwode keeps the familiar beginning, but gives every launch a choice over what shall remain after graduation.
$WODE rooted vault sitting over 6eth.
Because we have no Scherwode graduates yet, we will be allowing the vault to acquire stocks and other leading RH coins.
Vault unlock @ XX:XX
Not far off from what we are doing.
Instead of pairing a token directly with a stock, each rooted token can accumulate its own basket of assets, including tokenized stocks, through a portion of the rooted tokens traded volume.
The token itself stays freely traded, but the market gradually builds an asset base underneath it. Each rooted token becomes its own mini-economy.
https://t.co/OwiBHZen2H
$WODE now enters the forest as a Rooted token. Its trade shall feed an adaptive basket of up to ten of Scherwode’s strongest graduates, making it, in time, the graduate index of the forest.
Rooted tokens turn the passage of trade into lasting strength.
They begin as all Scherwode launches do, upon the bonding curve, and in time graduate into a Uniswap v4 pool whose liquidity is locked beyond recall.
Yet a Rooted market does not leave the road empty behind it. A small portion of every trade passes into Root Capital, there to acquire and hold its chosen Roots.
These may be tokens born within Scherwode, memecoins, great crypto assets, real-world assets, or tokenized stocks where they may lawfully be held.
https://t.co/3AwCgYoy9J
0xecac797426871a34b42d422be657012f8ce0ab41
Just deployed some minor changes to the site.
Portfolio has a tad more information.
Token pages now have a differnt layout once graduated (more on this later).
Cross chain placeholder.
Two new tunes.
Cinematic mode.
I believe @AJRuecker has cooked something very cool here with this new Robinhood launchpad $wode
Completely new mechanics to what we’ve seen before in terms of what a token can be post graduation
This in particular is completely new and very very cool:
tldr; $WODE is a normal freely traded token, but every time people trade it, a small amount of value is used to build a separate basket of assets underneath it.
You cannot redeem $WODE for that basket, and the token is not pegged to its value. The market still decides what $WODE is worth.
Over time, the basket can grow, earn profits, and use those profits to buy and burn $WODE. So trading builds the treasury, and the treasury can eventually create buying pressure and reduce the token supply.
Think of it as a meme coin with a permanent savings account growing underneath it.
Most launchpads help a token leave the bonding curve, then abandon it to the market. Scherwode keeps the familiar beginning, but gives every launch a choice over what shall remain after graduation.
Scherwode asks what happens when the market is allowed to keep something after the crowd has gone home.
The canopy belongs to the market.
The roots belong to time.
What is live now is the first layer: canonical Uniswap v4 trading, WETH Root Capital accumulation, permanent full-range LP custody, creator-defined basket intent, and onchain visibility.