Zephyr

How Zephyr works

Zephyr launches tokens straight into Uniswap v4 pools on Elysium. A hook on each pool takes the fee and sends it where the launcher chose.

Launching a token

One transaction creates the token, its pool and its fee routing. Every token has a supply of 1,000,000,000, and all of it goes into the pool: nothing is held back for the team.

  • The pool opens at a 40 HYPE market cap and prices like a constant-product pool: about 40 HYPE buys half the supply.
  • The launcher picks a swap fee from 1% to 5%. It is fixed for the life of the pool.
  • Anti-snipe is optional: buys start at a higher fee (up to 30%) that falls to the swap fee over up to 15 minutes.
  • Trading can be scheduled to open up to 30 days after the launch.
  • The dev buy is the launcher's own first purchase, made in the launch transaction at the opening price.
  • The launcher receives a creator pass (an NFT). Whoever holds it receives the creator share of the fees.

Fees

Every trade pays the pool's fee. 30% goes to the protocol. The other 70% follows the split the launcher set, which can never be changed:

  • Creator: paid in HYPE to the creator pass holder, claimable on the fees page.
  • Buyback and burn: buys the token on its own pool and burns it.
  • Holders: paid in HYPE to the token's holders.

Fees taken in the token on a buy are sold back to the next buyers before their trade reaches the pool, turning them into HYPE without pushing the price.

Buybacks and holder rewards

The buyback and holder shares wait in the vault until a pool has collected at least 0.01 HYPE. The vault can spend them on exactly two things: buying the token and burning all of it, or paying its holders. Nobody, including the protocol, can withdraw them.

Holder rewards run in rounds, at most one every 10 minutes per pool. A wallet needs at least 1,000,000 tokens (0.1% of supply) to be paid, in proportion to what it holds. Pools, routers and other contracts are left out. If a payment can't be delivered, it is credited on the fees page instead.

Trading

Each token page quotes your trade by running it against the live pool, then sends it with your slippage limit and a 10 minute deadline. Selling a token the first time needs one approval.

Network

  • Network: Elysium (chain id 99901)
  • Currency: HYPE
  • RPC: https://rpc.elysium.kinetiq.xyz
  • Explorer: https://explorer.elysium.kinetiq.xyz

Contracts

Contract addresses appear here once the deployment is live.

Zephyr's launch contracts are adapted from the MIT-licensed Flaunch protocol. They have not been independently audited.