How Volley works

Creating a token is a single transaction. It mints a fixed 1,000,000,000 supply of a standard ERC-20, held entirely by the launchpad. 800,000,000 are offered for sale on the bonding curve; the remaining 200,000,000 are reserved as the liquidity locked at graduation. You can optionally make the first buy in the same transaction to anti-snipe.

Price is set by a constant-product curve with virtual reserves of 6.25 ETH and 200,000,000 tokens. Every buy pushes the price up; every sell moves it back down. No order book, no market maker — the curve is the market. A 1% fee on each trade is split evenly between the protocol treasury and the token creator.

When the 800M curve tokens are fully sold, exactly 25 ETH has been collected. The curve locks and the launchpad seeds a constant-product liquidity pool with the reserved 200M tokens plus the 25 ETH. The pool’s liquidity is permanently locked — no withdraw path — so it can never be rugged. Trading continues on the pool (0.30% fee) like a Uniswap-style AMM.

Volley is the first fair-launch pad with a built-in real-world-asset reserve. Half of every trade fee (0.5%) doesn’t leave the protocol — it accrues to the token’s own reserve and is converted into a basket of tokenized stocks (e.g. SPY, NVDA, AAPL on Robinhood Chain) which are locked forever. The result is a real, on-chain floor under every token that grows with volume — verifiable at any time as the backing ratio (reserve value ÷ market cap). The reserve has no withdraw path: it can never be rugged, only added to.