Overview

podclub.fun is a launchpad for creating tradeable tokens on NEAR without writing code, raising a presale, or funding liquidity yourself. You define a name, a ticker and a fee split; you sign one transaction; the protocol handles everything else.

Two principles shape every design decision:

• No head start. There is no presale, no team allocation and no private round. The full supply is available to the open market from the first block.
• Liquidity that cannot be pulled. When a token matures, its liquidity is locked permanently — not by a promise, but by a contract that exposes no way to withdraw it.

Launch lifecycle

Every token moves through the same four stages. The path is identical for everyone, which is what makes the launch fair.

Stages 3 and 4 are irreversible. A graduated token can never return to the curve, and locked liquidity can never be unlocked.

The bonding curve

At launch the entire token supply is placed on a constant-product bonding curve managed by the protocol. Price is set by a formula, not by an order book, so a market exists from the very first buy.

Virtual liquidity

The curve starts with a virtual reserve — a price anchor that gives the token a sensible starting price and depth without anyone depositing capital. Nothing is withdrawable from this virtual reserve; it only shapes the curve. Real value accumulates as people actually trade.

Because no real capital is required to open the market, a creator pays only the network's cost to deploy the token. There is no launch fee.

Buying and selling

• Buys move NEAR into the curve and deliver tokens out, in a single atomic transaction.
• Sells return tokens to the curve and pay out NEAR — but only ever from the real NEAR that buyers have contributed, never from the virtual anchor.
• A creator may optionally take a small position at launch, capped at 4% of supply, so no insider can accumulate a large stack to dump later.

Graduation & locked liquidity

When the real NEAR collected by the curve reaches the graduation threshold, the token graduates. Graduation is permissionless — anyone can trigger it once the threshold is met — and it permanently closes the curve.

The remaining token supply is then migrated into a permanent concentrated-liquidity pool on NEAR's Rhea DCL. The liquidity position is held by the protocol contract, which exposes no method to remove or transfer it. The result is liquidity that is locked for the life of the token, enforced by code rather than trust.

Fees

podclub.fun charges one flat 1% fee on each trade — and that is the only fee. There is no launch fee, no listing fee and no withdrawal fee.

How the creator fee is split

At launch, the creator divides the creator fee across three destinations. The split must total 100% and is locked permanently once the token launches, so buyers can verify it and trust it will never change.

• Creator fee — claimable NEAR, paid to the creator.
• Buyback & burn — automatically buys the token and burns it, making the supply deflationary.
• Holder rewards — distributed pro-rata to everyone holding the token.

Keep up to 100% of the creator fee as claimable NEAR, or route part of it into buyback and holder rewards to strengthen the token — your call, and fixed forever at launch.

Launch tiers

Every launch uses the same mechanics — the same curve, the same locked liquidity, the same immutable fee split. Tiers only change a launch's starting parameters and how it is featured.

• Basic — the baseline tier. A standard starting price and depth.
• Express — a premium starting price with deeper initial depth, plus a featured spot in the Express showcase for the first ten minutes after launch.

Independently, the King of the Hill spotlight highlights the token with the strongest momentum right now, rotating on a short window so the board always reflects live activity.

Trading & slippage

Before graduation, trades run against the bonding curve; afterwards they route through the token's locked Rhea pool. Either way, pricing and delivery happen in a single transaction.

Slippage tolerance

Because price moves with every trade, you set a slippage tolerance — the maximum difference you accept between the quoted and executed price. If the market moves beyond it before your transaction lands, the trade reverts instead of filling at a worse price.

• Presets: 0.1%, 0.5%, 1%, 5% and 10% — from tight fills to fast-moving new launches.
• Custom lets you set any value — raise it for fast-moving new launches, lower it to protect against bad fills.

Your setting drives the minimum received amount enforced on-chain.

Token identity

Every token launched through podclub.fun is deployed as a named account under the protocol's namespace — for example pepe.podclubdotfun.near. The .podclubdotfun.near suffix is shared by every genuine launch.

This gives two things for free:

• A consistent, recognizable identity — you can tell a podclub.fun token at a glance.
• Anti-impersonation — only the protocol can create accounts under its namespace, so a copycat cannot mint yourtoken.podclubdotfun.near.

Trust & transparency

• Open source. The contracts are public and built in the open. Anyone can read exactly how launches, fees and graduation work.
• No liquidity removal. Locked liquidity has no withdraw path — verifiable directly in the deployed code.
• Immutable fee split. A token's fee split is fixed at launch and can never be edited afterward.
• No accounts, no tracking. The app reads on-chain data client-side; you connect only to sign.

As the protocol matures toward its final release, the contract's upgrade authority will be locked so that not even the team can alter deployed behavior — the last step from "won't change the rules" to "can't change the rules."

Vision & mission

We believe the fairest launchpad wins by removing the things that make launches unfair: presales, insider allocations, and liquidity that can vanish. podclub.fun is built to be that launchpad on NEAR, and to prove each guarantee on-chain rather than in a pitch.