A hook is one function, onTransfer. It runs on every trade of every coin that picks it, and it can refuse the trade.
Hooks that could lock holders out of selling, or that someone could change after launch, get turned down. Approved source is public.
https://t.co/ifhzGDLzKR
How it works:
1 - Drop in your .sol files
2 - Name it and say what it does in one line
3 - Accept the terms
4 - Pay 0.2 HYPE, on chain with the submission
5 - A person reads every line
6 - Approved on the rules contract and listed in the launch builder