$FEESBACK closed its first day, and the first feesback edition on hooded is out:
-- 0.455 ETH (~$1.1k) allocated
-- 385 wallets on the list
-- up from zero at the last check
that is 1% of every trade, held in the cashdesk while the coin traded. claims open once the edition is activated -- your share shows on https://t.co/2Eiwp5fMnS.
coin right now: $113k mcap, 243 holders, $170k 24h volume.
CA: 0x63b53cf27e3360516defd941442e00f39c57cb1d
Founder’s long term vision.
Yesterday we released a launchpad for traders: https://t.co/cSSjcdibVT.
Three things sit underneath it and work together: configurable fees, the ability to reroute them anywhere, and a feesback layer at the protocol level. Fees arrive in the native asset; the route is set at launch and stays configurable after.
Sounds like a technical detail. It isn't. It's a tool.
The launchpad stopped being a product.
I've said this before and I'm not walking it back. There are plenty of launchpads; they all do the same thing, and launching is worth nothing on its own.
But a launch is still a tool, especially paired with configurable fee flows and a feesback layer. That combination lets anyone build an on-chain asset and wire it into a product or community so it creates value for everyone inside.
Our audience is the trenches. We build for traders.
Two separate flows: the asset's own tokenomics, and the platform's launches.
Feesback
$FEESBACK rewards holding and trading: part of the fees goes back to those who trade and hold, by a rule set in the configuration. Configurable tokenomics let fees route to buybacks and burns, to liquidity, to traders. The route changes without a new deploy or token.
The standard model pays on turnover. Whether your trade worked doesn't enter the math. That's the exact place we change.
Sustainability isn't a promise. It's a question of where the money comes from and where it goes. We have an on-chain answer to both.
The flywheel
A loop shows up, and it matters that it doesn't come from nowhere. We build it by hand, by giving launches a reason to exist.
More launches with configured flows. More reasons to trade those assets. More trading. More fees in the pots. More going back to traders. More reasons to show up for the next launch.
Every launchpad has this loop on paper. The difference is what spins it. Usually nothing but attention, and attention runs out. Here the asset spins it: the behaviour a project needs gets paid for by the fees that behaviour creates.
Not one step asks you to believe anything. Every step asks for configuration. That's why we build configuration and not narrative.
Reason to launch. Reason to trade.
For the loop to turn, a launch needs a reason to happen and a trader needs a reason to show up. That's the next step, and it's about demand.
We'll give every launch trading utility directly on the platform.
I'm not writing out what that looks like here. Let’s talk it tomorrow on a space https://t.co/wl0fOBvOS4
What I'll say now is that it uses nothing we don't already have running, and once you see it you'll understand why we spent this long on fee routing.
That's the answer to why anyone would come launch here. Not because we're cheaper or faster, but because the coin gets something worth showing up for.
$FEESBACK now buys itself back.
treasury 2% -> 1.5%
buyback 0% -> 0.5%
feesback, pool, rewards basket -- unchanged
every $10k traded now sends $50 to buying $FEESBACK off the market.
at today's $162k volume that's ~$810 a day -- about 5M $FEESBACK, ~0.5% of supply, bought back every day.
numbers are illustrative -- real impact depends on actual trading volume.
it matters to me that people know i have a clear plan for @hoodedclub. how the flywheel for $FEESBACK is designed, where the platform goes next, and what makes it the place a user comes back to and stays.
we'll go through all of it today, 24 hours after launch, so you can see there's life in this project beyond the first day.
spaces at hooded club’s x account, set a reminder
$FEESBACK, first night on the chart (UTC, read from the chain):
-- 19:18 launch at $5.5k mcap
-- 21:20 and 22:15 two tops near $175k
-- 23:15 pullback to $120k, then flat between $144k and $160k on 12-34 trades an hour
-- 02:00 buyers back, new high $205k at 03:28
-- now $197k, 256 holders, $150k 24h volume
9 hours of history and ~$58k of liquidity -- a thin book, candles move both ways.
1% of every trade goes to the cashdesk as feesback, for the wallets that stay.
chart: https://t.co/aLie4Il041
$FEESBACK holders, counted from the chain:
-- hour 1: 150 wallets
-- hour 2: +31, 181 total
-- hour 3, not over yet: +29, 210 total
3 hours old, $172k mcap.
1% of every trade goes to the cashdesk as feesback -- it pays the wallets that stay, not same-day flips.
CA: 0x63b53cf27e3360516defd941442e00f39c57cb1d
$FEESBACK -- live on @hoodedclub, 2.5 hours in.
-- $5k start, $148k mcap now
-- $98.6k volume, 149 trades in the last hour
-- 192 holders, $44.6k liquidity
the rules were set before the first trade:
-- 1% of every trade goes to the cashdesk as feesback -- for wallets that hold, not for same-day flips
-- 2% to the treasury
it's 2.5 hours old -- numbers this early move both ways. today's feesback day closes at 00:00 UTC.
CA: 0x63b53cf27e3360516defd941442e00f39c57cb1d
this week wraps up the hooded beta. you can already go look at what came out of it: https://t.co/pVXUs58lq7
CTA: click every button, launch a few, send feedback.
hooded early access network is in the telegram group: https://t.co/5RVspLfoQI
the relaunch contract and all the important info will be posted there for early supporters.
What's happening with @hoodedclub right now.
For the past few weeks, in complete CT silence, I've been building a trader incentivization layer on top of the @basedbidx hook. That's where feesback came from, along with flexible launch settings, RWAs, buybacks, and liquidity as fee distribution routes. All of it configured by the coin's creator.
And it turned out that the launched $HOODED token doesn't embody any of these functions. It doesn't represent the technology it's supposed to represent on the market. So there will be a relaunch, and preparation for it is already underway.
Watch for beta updates. It feels like both the product launch and the asset relaunch are very close.
We're still in beta, and the first week gave me enough data to make a decision I tried hard to avoid. $HOODED will be relaunched.
Token mechanics are locked at launch by design, and that applies to $HOODED as much as to anything else on the platform. v2 has moved far enough that the current token can't show what the platform actually does. A launchpad token that can't demonstrate programmable economics isn't doing its job.
Holders who stayed will be accounted for. The full plan gets published before the relaunch, not after.
a week of beta on hoodedclub. two test coins, every number read from the chain.
$HV2TEST, 31 swaps. where the hook fee went:
-- 0.0024 ETH back into the pool as liquidity
-- 0.0037 ETH on buybacks -- 4.84M HV2TEST burned
-- 0.0069 ETH into the traders' cashdesk
-- 0.0028 ETH bought real GOOGL on the creator's route
the pool fee: 50.3% to the cashdesk, 16.3% to the creator, 33.4% to the platform.
feesback: five cashdesk editions this week. the most active trader has 0.0046 WETH waiting to claim. first claim: 0.0029 ETH, one button. buy and sell in the same day -- nothing back.
$ALCO, day one: the creator took 0% of the pool fee. 66.6% of it landed in the cashdesk.
it's a beta and the numbers are small. the direction isn't: the fee works for the people who trade.
a week of beta on hoodedclub. two test coins, every number read from the chain.
$HV2TEST, 31 swaps. where the hook fee went:
-- 0.0024 ETH back into the pool as liquidity
-- 0.0037 ETH on buybacks -- 4.84M HV2TEST burned
-- 0.0069 ETH into the traders' cashdesk
-- 0.0028 ETH bought real GOOGL on the creator's route
the pool fee: 50.3% to the cashdesk, 16.3% to the creator, 33.4% to the platform.
feesback: five cashdesk editions this week. the most active trader has 0.0046 WETH waiting to claim. first claim: 0.0029 ETH, one button. buy and sell in the same day -- nothing back.
$ALCO, day one: the creator took 0% of the pool fee. 66.6% of it landed in the cashdesk.
it's a beta and the numbers are small. the direction isn't: the fee works for the people who trade.
https://t.co/qNQoxmYh3O
a week of beta on hoodedclub. two test coins, every number read from the chain.
$HV2TEST, 31 swaps. where the hook fee went:
-- 0.0024 ETH back into the pool as liquidity
-- 0.0037 ETH on buybacks -- 4.84M HV2TEST burned
-- 0.0069 ETH into the traders' cashdesk
-- 0.0028 ETH bought real GOOGL on the creator's route
the pool fee: 50.3% to the cashdesk, 16.3% to the creator, 33.4% to the platform.
feesback: five cashdesk editions this week. the most active trader has 0.0046 WETH waiting to claim. first claim: 0.0029 ETH, one button. buy and sell in the same day -- nothing back.
$ALCO, day one: the creator took 0% of the pool fee. 66.6% of it landed in the cashdesk.
it's a beta and the numbers are small. the direction isn't: the fee works for the people who trade.
https://t.co/qNQoxmYh3O
@hoodedclub what i take from it: every setting got a reason, or a reason to stay off. that's the part a one-size launchpad can't give you -- the rules are the product.
grok's honest part stands too: it only pays while strangers keep trading.
https://t.co/vLongBo3xL
spent the afternoon arguing with grok about one question: can a coin's fee rules be built for the people who hold it?
on @hoodedclub the creator writes those rules before the first trade. five rounds later, here's the coin we landed on.