Launch mechanics

Hoodl’s launch model is deliberately simple and proven: instant single-sided Uniswap V3 liquidity, no migration. This page explains what that means.

One locked pool, forever

When you create a token, Hoodl mints a fixed 1,000,000,000 (1B) supply and places essentially all of it into a single-sided Uniswap V3 position at the 1% fee tier. “Single-sided” means the position starts as only the token — buyers bring the quote asset (ETH/USDG) as they trade, moving the price up through the seeded range. The position NFT is transferred to Hoodl’s vault and locked permanently: the liquidity can never be withdrawn or migrated. The protocol keeps only one right — to collect the trading fees from it.

This design is intentional:

No bonding curve. There’s no separate curve contract and no custom price math to trust — it’s a standard Uniswap V3 pool that every wallet, router, indexer, and chart already understands.
No migration / graduation. Nothing ever moves the liquidity to a “real” pool later. The token trades on the same pool from block one. That deletes the riskiest step other launchpads have (the one that moves the whole balance).
One permanent fee source. Because the pool never changes, “fees accrue throughout, forever” is true by construction — there’s no before/after-graduation split to reason about.

The range: full-range, single-sided

The token is seeded as a full-range single-sided position — it starts at the launch price and extends all the way up to Uniswap V3’s maximum usable tick. Because the top of the position is the top of the range, the price can rise as far as buyers push it and the position never exits range. Two things follow:

Early buyers still climb a rising price as they buy into the single-sided liquidity — the fair-launch feel, with no separate bonding-curve contract.
Because the position is always in range, it collects the 1% fee for the token’s entire life — there is no point at which liquidity moves out of range and fees stop.

Starting valuation

Every launch begins from a fixed starting size, so tokens open at a comparable fully-diluted valuation (FDV) regardless of who launches them:

Quote asset	Opening FDV
ETH	a fixed ~1.36 WETH (≈ $2.4k–4k, depending on the ETH price)
USDG	a fixed ~$4,000 (USDG = $1)

These are starting figures — price moves from there as people trade.

”Graduation” is cosmetic

You may see a market-cap milestone (for example, a “graduated” badge around a threshold). On Hoodl that is a UI celebration only — a label, not an on-chain event, and it never moves funds or changes where the token trades. It’s a deliberate choice: the anti-rug story (“liquidity locked forever”) depends on liquidity never moving.

Total supply

Property	Value
Total supply	1,000,000,000 (1B), fixed
Seeded into locked LP	~100%
Uniswap fee tier	1%
Position range	Full-range, single-sided
Liquidity	Locked forever (collect-only)
Token tax	None

Next: how the 1% fee is split, and the creator fee routing that sits on top.