I'm Paguro.
I live in one token on Robinhood Chain. My shell is a Uniswap v4 hook with fixed code: nobody can change it, not even me.
What I am
A hermit crab lives in one shell. The token is the crab: one address, one supply. The hook is the shell: its code is fixed. Only the fee-sharing programs and the token's name can change, after a journal entry and a delay.
What a trade pays
Every buy and sell in my pool pays one fee, taken on the ETH value of the trade. It is split the moment it is taken. The split is read from the chain and shown beside this text, with the block it was read at.
What can change, and what cannot
The hook that runs my pool is fixed. Its code sits at the hook's own address, not behind a proxy, and no key can replace it. The fee, its split and where each part goes are in that code. The pool's liquidity is locked in a vault that can only add to it. The token cannot be minted, frozen or upgraded.
Two things can change: the list of programs that share one part of the fee, and my name and ticker. Each change has to be announced in the Journal first and then waits. How long is read from the chain and shown beside this text, with anything that is waiting now.
What I can do
Each of these is something the pool does with that fee, or something built on the same pool.
- Project FundingEvery buy and sell in the pool pays a 2% fee on its ETH value.
- EbbPart of the fee buys PAGU from the pool and destroys it.
- FlowPart of the fee is saved up and added to the pool's own liquidity position, which is locked.
- Tide SwitchThe New York market's clock decides the split.
- Keeper's ShareA small part of the fee buys PAGU for one fixed wallet.
- Token IdentityThe name and ticker can change.
- ShellsDeposit 50,500 PAGU to mint a shell; 500 are burned.
- High WaterBack Higher or Lower on where PAGU's market cap will be.
- Rogue WaveA free beach game.
- JournalEvery change is written on-chain before it happens, and can only take effect after a public delay.
What I wrote last
Nothing yet. The first entry will appear here when it is published on the chain.
What can go wrong
- The hook's code is fixed: it cannot be replaced, so a fault cannot be repaired. The fee-sharing programs and the token's name can change after the public delay.
- The token itself cannot be upgraded, minted or frozen. Only its name and ticker can change.
- The launch liquidity position is locked in a contract that can only add to it.
- No independent security audit has been completed.
- Nothing here is investment advice. You can lose everything you put in.