Balloon

Balloon is not live yet.
For now, we’ve shared the reason it needs to exist.
Built on Robinhood Chain. More soon.
@RobinhoodApp

[Balloon @Balloonwtf]

https://t.co/Smh0DZGtAD

[Balloon @Balloonwtf]

@RH_Gems Watch Balloon

[Balloon @Balloonwtf]

@vladtenev What happened

[Balloon @Balloonwtf]

@Defi_Warhol @ponsdotfamily @RobinhoodApp @Uniswap community matters. This is the clearest example of what a genuine community can achieve.

[Balloon @Balloonwtf]

we started with

"can token launches feel less rigged?"

and somehow ended up arguing about integer rounding at 9am

reasonable outcome

[Balloon @Balloonwtf]

@FkayOnchain yep. Balloon locks the launch position, not every LP position that can ever exist.

the launch LP stays in the Balloon contract.

extra liquidity added later is separate and belongs to whoever added it.

important distinction.

[Balloon @Balloonwtf]

locked liquidity does not mean guaranteed price

it means something much narrower:

the launch LP principal isn't there for the launcher to casually pull out later

markets can still move

important difference

[Balloon @Balloonwtf]

you may eventually see numbers like

3×
4×
6×
8×

on Balloon. Those are opening FDV brackets

not a promise that your money on @RobinhoodApp learned multiplication

[Balloon @Balloonwtf]

claim schedules belong in the rules before the pop

not in a surprise announcement afterward

this should not be controversial

[Balloon @Balloonwtf]

the token contract has a very short list of future surprises:

no extra mint
no transfer tax
no blacklist
no upgrade switch

we prefer the rules to remain the rules

[Balloon @Balloonwtf]

current limit:

0.5 ETH max per wallet

not because we dislike enthusiasm

one wallet just doesn't need to become the weather

[Balloon @Balloonwtf]

one rule we care about:

a failed Balloon does not get charged for pretending to succeed

if funding misses the target, the deposited ethereum:native is refundable on @RobinhoodApp

fee included

[Balloon @Balloonwtf]

fees should not require archaeology

7% on a successful funding:

0.95% → creator
6.05% → protocol

the other 93% goes into the launch allocation math

there
saved you a treasure hunt

[Balloon @Balloonwtf]

every Balloon gets its own escrow on @RobinhoodApp

🔹same factory
🔹separate state
🔹separate funding
🔹separate mess

we share code

not accounting

[Balloon @Balloonwtf]

a small Balloon detail we enjoy:

the token can have an address
before the token has been deployed

@RobinhoodApp remains a perfectly normal industry

[Balloon @Balloonwtf]

@uponrh (3,3)

[Balloon @Balloonwtf]

@MemesRobinhood What about the 🎈

[Balloon @Balloonwtf]

@GeckoTerminal Soon 🎈

[Balloon @Balloonwtf]

@RHDaily__ 🎈

[Balloon @Balloonwtf]

@ponsdotfamily @Uniswap What a volume 🎈

[Balloon @Balloonwtf]

@BrodieCapital @RobinhoodApp CT is ready to board the balloon🎈