How PaperPools works

What is PaperPools?

PaperPools does two things.

• Tokens — Create a token and trade it. Creating one takes about a minute and costs roughly the price of a coffee in network fees.
• Bounties — Post a job with ETH locked up front, or do the work and take the whole reward. PaperPools keeps none of it.

Everything happens on Robinhood Chain, and the actual trading runs on Uniswap v4 — the same exchange software that handles billions of dollars of volume. PaperPools doesn't hold your money or your tokens at any point.

Two ways to launch

You pick one when you create your token.

After the bidding window ends, a crowd launch migrates into a normal pool and trades like any other token.

Fees: who gets what

Every trade pays a small fee. Where that fee goes depends on how you launched. These are the real numbers, not marketing:

Why does an instant launch pay you 40% rather than everything? The liquidity position is locked inside a Uniswap contract that splits fees on fixed, unchangeable terms: 40% of the ETH earned goes to you, and the remaining 60% plus all token-side fees are put back into the pool as extra liquidity. Those terms were set when Uniswap deployed the contract and cannot be changed by anyone, including us. A crowd launch works differently — you end up holding the liquidity position yourself, so all of its fees are yours.

Launching a token

1. 1Connect a wallet and make sure it's on Robinhood Chain. PaperPools will offer to switch for you.
2. 2Go to Create and fill in a name, a ticker and an image. The image is stored in our database and its address is written permanently into the token.
3. 3Choose instant or crowd. For a crowd launch, drag the slider to set your trading fee.
4. 4Optionally set a creator buy — see below. Leave it empty to skip.
5. 5Approve two transactions: the 0.0005 ETH listing fee, then the launch itself. A creator buy adds a third.
6. 6That's it. Your token appears under New Pairs within a few seconds.

Every token has exactly 1,000,000,000 units. There is no presale, no team allocation and no way to mint more later — the supply is fixed by the contract.

Buying your own token

On an instant launch you can spend some ETH buying your own token the moment the pool opens. It is capped at 5% of supply: if the amount you entered would buy more than that, it is automatically reduced to the amount that buys exactly 5%.

You are buying from the open pool at the going price, like anyone else — this is not an allocation handed to you. It has to be a separate transaction, because the pool does not exist until the launch transaction has finished creating it.

The 5% ceiling applies to the buy PaperPools builds for you. Nothing stops any creator — or anyone else — from simply buying more afterwards from the token page, so read a token's trade history rather than assuming the cap describes what the creator holds.

Trading

Open any token and use the buy/sell panel. You're trading against a Uniswap v4 pool, so the price moves as people buy and sell — bigger trades move it more.

The four tabs on the home page are different ways to find something:

• Trending — Busiest right now, based on recent volume and number of trades. Weighted so one big buy can't push a token to the top.
• New Pairs — Newest launches first.
• Recently Traded — Whatever someone just bought or sold.
• Migrate — Crowd launches that are bidding, or finished and ready to graduate.

What migration means

A crowd launch spends its first 4 hours collecting bids. When that window closes, the money raised and the tokens are moved into a permanent trading pool. That move is called migration.

Anyone can trigger it — the creator, a bidder, or a stranger. It costs a little gas and there's no special permission involved. Tokens waiting to migrate show up in the Migrate tab with a button.

After migration, the token trades normally and the creator holds the liquidity position.

Getting your fees

Fees build up as people trade. They don't arrive in your wallet automatically — you claim them.

Open your token's page while connected with the wallet that created it and use the claim panel. Your claim is authorised by a marker the launcher stamped onto the token when you created it, so only the original creator's wallet can collect.

What a bounty is

A bounty is a paid mission. Someone describes a job, locks real ETH behind it and sets a deadline. Anyone can post their work in public. When the deadline passes, the person who funded it picks one winner, and that winner takes the entire reward.

Rewards are plain ETH, not tokens. There is no bidding for the job, no application step and no account to create — you just do the work and post proof.

The Bounties page sorts them four ways: Trending for open missions by reward size, New by age, Submissions for the ones with the most competition already, and Mine for the bounties your wallet funded.

The bounty text lives in our database, but a fingerprint of it is written on-chain the moment it's funded. That means the terms you started working against can't be quietly rewritten later — the original wording is what the escrow is bound to.

Posting a bounty

1. 1Go to Create a bounty with a wallet connected to Robinhood Chain.
2. 2Describe the job, then list your deliverables one per line — up to twelve. Be specific: this is the list a submission gets judged against.
3. 3Set the reward in ETH and a deadline between 1 hour and 30 days.
4. 4Optionally attach a cover image and a PaperPools token. The token shows an Official badge if the same wallet launched it, and Community if not.
5. 5Sign a free message, then confirm one transaction. That transaction moves the reward into escrow — it is funded from the start, not a promise.

You can add more ETH at any point before the deadline, from the wallet that created the bounty. You cannot reduce the reward, cancel the bounty, or submit work to your own bounty.

Submitting work

Anyone except the creator can submit, right up until the deadline. Submitting is free — you sign a message, no transaction, no gas.

• What you post — A written explanation, up to eight links, and up to four screenshots.
• One entry per wallet — Submitting again replaces your previous entry, so you can keep improving it until the deadline.
• No takebacks after that — Once the deadline passes, submissions are closed and entries are frozen as they stand.

Picking a winner

A bounty moves through three states:

1. 1Open — anyone can submit. The creator can top up the reward.
2. 2Review — the deadline has passed. The creator now has 48 hours to pick exactly one winner from the public submissions.
3. 3Awarded — the winner claims the reward with one transaction. Money is never pushed to you automatically; you pull it, so nothing can get stuck on the way.

The whole pool goes to a single wallet. There is no splitting it between two people, no partial payout for a runner-up, and the choice cannot be undone once it's confirmed.

If the creator disappears and picks nobody, the bounty doesn't stay locked forever. Once 48 hours have passed since the deadline, a PaperPools moderator can step in and award it to one of the public submissions.

Disputes and refunds

Anyone other than the creator can report a bounty — spam, scams, illegal tasks, harassment or copyright problems. Reports go to moderation, not to the creator.

A moderator can mark a bounty refundable: for a rules violation, for a dispute, or when nothing valid was submitted at all. The creator then pulls their own ETH back with a claim transaction, and the reason is recorded on-chain as a hash.

Risks

Being straight with you matters more than making this sound exciting:

• Most tokens go to zero — Anyone can launch anything here. A token existing on PaperPools says nothing about whether it's worth money.
• We don't vet creators — Names, images and links are supplied by whoever launched the token. Someone can impersonate a well-known project. Check the contract address, not the logo.
• The creator may hold a chunk — Creators can buy their own token at launch, and can keep buying afterwards like anyone else. A large early holder can sell into you later. Check the trade history before you buy.
• Prices move violently — Small pools mean a modest trade can swing the price a long way.
• Transactions are final — There is no support desk that can reverse a trade or a launch.
• Bounties are judged by a person — The escrow guarantees the money is real and that one submitter gets all of it. It cannot guarantee that person is you. Read the deliverables carefully before spending a weekend on one.
• You give away your work to enter — Every submission is public immediately, including the ones that don't win.

PaperPools is software, not financial advice. Never put in more than you're willing to lose entirely.

FAQ

Tokens

Bounties