How the hive works
Honeypad launches tokens with permanently locked, self-compounding liquidity on Robinhood chain, built on the GlueHook Uniswap V4 hook.
One transaction, bonded forever
Every launch is a single transaction. The factory deploys a fixed-supply 1B token, seeds a Uniswap V4 pool through the GlueHook singleton with the entire supply placed as a single-sided range above the start price, and then surrenders ownership of the position to the zero address.
That surrender is the whole point: the liquidity can never be removed by anyone, including the creator and including us. There is no admin key, no migration event, no rug path. The creator keeps an operator role that can tune fee splits, but cannot touch the LP.
The bonding curve
The concentrated single-sided range IS the bonding curve. Buyers swap ETH in and walk the price up the range; the ETH accrues inside the locked position. Every launch starts around a $2.5k market cap floor.
The ceiling is the market cap where the seeded 1B tokens run dry: roughly $35k on the default Deep preset, $75k on Standard, $250k on Degen. Reaching the ceiling is not a migration, trading simply continues on the accrued ETH plus whatever liquidity the compounding has re-added. There is never a migration event.
The hive (fee machine)
Each pool carries a program config that routes trading fees automatically, with zero keepers or admin buttons:
- Buyback share: ETH-side fees flow into the pot, which buys the token back inside future buys.
- Burn share: token-side fees are burned, permanently reducing supply (a real ERC20 burn, verified on testnet).
- Compound share: fees are folded back into the locked liquidity, deepening it forever.
- The shield: a funded pot absorbs part of every sell, softening red candles.
Anyone can also donate ETH straight into a pot ("feed the pot"). Donations are irreversible and become permanent buyback fuel.
Fees
- Flat launch fee: 0.002 ETH plus gas, an anti-spam measure swept to the platform treasury.
- Pool fee tier: 1% per swap, split by the program config between pot, burn, compound, and the platform fee slice.
- The per-side fee remainders go to the platform treasury; that slice funds Honeypad.
Security & honesty
GlueHook, the hook contract every pool runs on, is self-audited by its authors with a 123-test suite. It has NOT received an external audit. Our factory contract is small (about 6.7KB runtime) and was exercised end to end on Robinhood testnet: launch, first buy, sell into the shield, burn cascade, and public harvest all verified on-chain. Use size appropriate to unaudited DeFi.
GlueHook is licensed BUSL 1.1. Building on the deployed singleton is explicitly authorized by its license; Honeypad builds ON the deployed contract at 0xb216...60C8 and never copies or redeploys its code.
What creators cannot do
- Remove or withdraw the liquidity. Ever.
- Withdraw the pot.
- Mint new tokens (fixed supply, no owner functions on the ERC20).
- Block harvests (harvesting is forced public at launch).
Your holders can verify all of this on-chain. Sell it as a feature.