DON'T TRUST US.CHECK.

January 2021: your broker greyed out the BUY button on GME mid-candle. Not because the market closed — because someone upstream made a call. That is the exact thing this launchpad exists to make impossible, and it is built on Robinhood's own chain, which we find funny.

The factory contract has no pause function. Not a paused one, not a timelocked one, not an owner-only-in-emergencies one. The functions that would let anyone stop a trade were not disabled — they were never compiled in. Nobody can halt a launch: not us, not a risk desk, not whoever ends up holding a key.

A buy button nobody can switch off is worth little if the sell side can be jammed instead. So selling is deliberately the least conditional path in the whole system.

Selling back to the curve never reads a price feed. Your proceeds are a straight pro-rata slice of the reserve that is actually sitting there — if you hold 5% of what the curve sold, you get 5% of what it holds. An oracle going stale, an equity halting, a feed being deprecated: none of it can trap you, because none of it is consulted on the way out.

No presale. No whitelist. No allocation round. No advisor unlock. When a launch is created, the entire supply is minted to the factory and sits on the curve — and the only function that moves it is the one you use to buy.

This is not a policy we promise to follow. There is no code path that transfers supply to a creator, so a team bag is not something we decline to do — it is something the contract cannot express. Creators buy their own launch on the same curve at the same price as everyone else, in public.

Most launchpads ship a token that taxes itself. Send some to a friend, move them to a hardware wallet, split a position across two addresses — each one skims a few percent, because the tax logic lives inside the token's transfer function and cannot tell a trade from a gift.

Sherwood launch tokens are plain ERC-20s. The entire contract is a standard token plus its own description and links. There is no tax code in it, no blacklist, no transfer hook, no owner. Fees are charged by the pool when you trade, and nowhere else.

Every other launchpad routes graduation fees to a company wallet and calls it a business model. Ours go to the Sherwood Vault, and the difference is not intent — it is that the address cannot be changed. It is written into the factory at deploy and there is no function to point it somewhere else.

The vault itself has no withdraw function. None. The only way value ever leaves is through a strategy contract that can be named exactly once and never replaced — deployed in public first, so anyone can read what it will do before it is able to do anything. Until one is named, the vault is inert: fees arrive, and nobody on earth can move them.

When the raise target fills, the buy that crosses it also graduates the launch — same transaction, no team action, no multisig, no announcement. The reserve and the remaining supply seed live Uniswap V4 pools, one for each equity in the basket.

Then the liquidity stops being anyone's. On older venues you burn LP tokens and hope. Uniswap V4 has no LP token, so the guarantee here is structural instead: the position is held by a contract with no withdraw function, no owner, no upgrade path and no delegatecall. It cannot be pulled because there is no code anywhere that could pull it.

Snipers win by being first into the launch block with a bot. Green Hat makes that block the most expensive one to trade in: the fee starts at 100% and decays across the first six blocks — 100, 50, 25, 15, 10, 5 — before settling at the normal 1%. Rushing the open stops being profitable, which is the only thing that actually deters a bot.

Two honest notes. It is a fee, not a shield: it makes sniping unprofitable, it does not make sandwiching impossible. And it does not care who you are — an early human pays the same rate as an early bot. The panel shows you the live rate before you sign, so nobody meets it in a receipt.