GALLOWS Docs
Mechanics, fees, and the two ceremonies. Contract addresses will be published here at deploy.
What is GALLOWS
GALLOWS is a token launchpad on Robinhood Chain where every launch has a deadline. A new token gets 48 hours to fill its bonding curve. If it succeeds, it graduates: liquidity is seeded on Uniswap V3 and locked forever. If it fails, it hangs: trading closes and holders redeem their pro-rata share of the curve's ETH. There are no zombie tokens on GALLOWS — every launch ends in one of two ceremonies.
Launch lifecycle
- 01Creator deploys a token through GallowsFactory: fixed 1B supply, 80% on the curve, 20% reserved for graduation liquidity.
- 02The curve opens with a starting market cap of roughly $3,000 and a visible 48:00:00 countdown.
- 03Anyone trades on the curve. Every trade pays a 1% fee. A 2% max-wallet cap applies for the first 60 minutes.
- 04If the curve collects 4.0 WETH before the countdown ends, the token graduates in a single atomic transaction.
- 05If the countdown ends first, anyone can call hang() — the token is executed and redemption opens.
Graduation
Graduation happens inside the buy transaction that crosses the 4.0 WETH threshold. There is no admin step, no migration window, and no rug surface.
- 01Curve trading closes.
- 02A flat 0.05 ETH graduation fee routes to the protocol.
- 03Remaining curve ETH plus the 200M reserved tokens seed a full-range Uniswap V3 position.
- 04The LP position is transferred to the GallowsLocker contract, which has no withdraw function.
- 05The curve renounces authority. The token trades freely on Uniswap V3 forever.
After graduation, the locked LP position keeps generating V3 trading fees. The creator continues to receive the majority share of those fees; the protocol retains the remainder.
The hanging
If the countdown reaches zero with the curve unfilled, the token faces the gallows. The hang() call is permissionless — anyone can pull the lever after the deadline, and the caller receives a small bounty.
- 01hang() flips the curve into redemption mode and freezes the redemption rate: 95% of curve ETH divided by circulating tokens.
- 02Each holder calls redeem(): tokens are burned and ETH is returned at the frozen rate. Pull-based — no gas bombs.
- 03The 5% executioner fee routes to the protocol split.
- 04An execution certificate is generated for the ceremony feed.
Redemption is pro-rata, not entry-price. It is a floor, not insurance: traders who bought high can still exit with most of their share, which is infinitely better than the zero every other launchpad offers on a failed launch.
Fees
All protocol fees follow one public split: half buys and burns $GALLOWS on a weekly cadence with on-chain receipts, thirty percent fills the executioner's pot for weekly reward settlement to staked Jury members, and the remainder funds audits, infrastructure, and content bounties.
$GALLOWS token
$GALLOWS is a utility and access token. It never buys odds, priority fills, or launch power — the pad stays fair for everyone. It launches as the first token through its own gallows: 1B fixed supply, 100% fair launch, zero team allocation.
Public API
Everything user-authoritative lives on-chain. The API is a read model for trackers, bots, and integrations.
FAQ
- ▸Can a hanged token relaunch? Yes — anyone can deploy a fresh curve. The creator's track record follows them.
- ▸Can the team unlock graduated LP? No. The Locker contract has no withdraw function. This is verifiable on-chain.
- ▸What stops someone from buying huge right before a deadline to farm refunds? The 5% executioner fee plus pro-rata (not entry-price) redemption makes that strategy negative expected value.
- ▸Why 48 hours? Long enough for organic fills, short enough for urgency — and it puts ceremonies on a daily rhythm.
- ▸Is the prediction game gambling? The Save-or-Hang game (Phase 5) uses points only, with no wagers.