Docs

Start with @usecashtag — no extra command word is needed. Add four things: a name (32 bytes at most), a ticker (10 at most, letters and digits), a stock to price it in, and a picture attached to the same post. Fields are separated by + or |, and anything you write around the command is ignored, so a caption is fine.

You can add two more fields after the stock — an X link and a website — and they go into the token’s own metadata. Nothing is guessed: if a field is missing or a stock is not on the list, the bot replies with what was wrong instead of launching something you did not ask for. A mention on its own gets a short guide. A launch error says what failed, whether a transaction was sent, and what to do next.

The bot asks for a name, a ticker, a stock and a picture; the launchpad is optional and a post that names none gets Pons, and is told so in the reply. There is no follower rule, no account-age rule and no daily limit: post as often as you like, with three minutes between two launches and eight an hour from one account, so nobody can flood it. Nothing is guessed: a missing field, an unknown stock, a launchpad that does not list it or a missing picture gets a reply, not a token.

The real ceiling is the deployer's balance. A launch costs it 0.0005 ETH of venue fee plus about 0.0011 ETH of gas. When it runs low, the bot explains that our launcher needs an ETH top-up and stops before sending a transaction.

1. 01The picture and the token metadata are pinned to IPFS, content-addressed, before anything is signed. The token's image cannot be swapped afterwards.
2. 02The terms are re-quoted: on Pons, previewLaunchEconomics(0, stock) is read in the same second and passed into the launch, so if Pons re-pegs that stock between our quote and our transaction the transaction reverts rather than launching on numbers we never showed you. On Flap the mined salt is checked against the address the portal says it would deploy, and a disagreement stops the launch.
3. 03One transaction — launchToken — with your book already set as the token's creator fee recipient. There is no second transaction and nothing to fix afterwards.
4. 04The bot replies with a link to the launch page, and no address. A contract address on that timeline would read as “this account launches coins” to every scanner.

CASHTAG does not run a market. The launchpads do, on Robinhood Chain, and every number here belongs to them. We have no contract of our own anywhere in this product — not an escrow, not a registry, not a proxy.

Two launchpads are wired today, and they pay a poster in genuinely different ways. On Pons the poster’s cut comes out of the 1% fee Pons already charges, so the token costs a trader nothing extra. On Flap it comes out of a 1% tax the token puts on its own traders — a cheaper launch, a larger possible cut, and a token that is more expensive to trade. Flap’s exact split is not readable until a token exists, so its number is shown as a ceiling and never as a fact.

The stock list is read from the chain — every PairTokenApprovalUpdated the factory has emitted — and crossed with Robinhood’s own asset list, so a stock is offered only when we can show you its name, its logo and its price. It grows every few days and is never hard-coded.

Every X account has one wallet here, derived from its account id, not its handle. It is named in the launch transaction itself — as the creator fee recipient on Pons, as the beneficiary on Flap — so the venue credits it from the first trade, in the stock the token is priced in. You can read what it holds on chain, right now, with no wallet and no account: Pons' escrow answers balanceOfToken(yourBook, NVDA) to anyone who asks, and a Flap book is a plain ERC-20 balance.

The derivation is HMAC-SHA512(masterSeed, "cashtag:x:" + xUserId), the first 32 bytes taken as a secp256k1 key. It is keyed on your numeric X id, not your handle, so renaming your account cannot move your money.

We derive and hold the book keys until you claim. That is custody, and we say so. Claiming takes a 20% protocol share, which is what pays for every launch we sign; it is split per stock, floored in your favour, and readable on chain. Neither launchpad is ours: Pons' owner can redirect a live creator-fee stream with three days' notice, and Flap sets the tax split at launch. Ours are not special, and that is in the docs too.

Every launch is signed by this address and only this one. A token it did not create is not a CASHTAG launch, whatever the post says.

It never owns a token and never receives a creator fee: on every launch the recipient is the poster’s book. What it holds is a float, not a treasury, and the only thing at risk in this whole design is that float.

• ·We cannot change a token's creator fee recipient after it launches. It is set in the launch transaction and the only address that could re-point it is the book itself.
• ·We cannot stop a token trading, freeze it, or mint more of it. The token belongs to the launchpad that made it, not to us.
• ·We cannot make your token graduate. It graduates when the curve has raised the stock's own threshold, and most never will.
• ·We cannot pay you in something other than the stock you named. The fee is charged in the quote asset, which is the whole point.

A launch costs the deployer 0.0005 ETH of venue fee plus about 0.0011 ETH of gas — roughly 0.0016 ETH in total, measured on real launches. You pay nothing. The 20% taken when you claim is what repays that, and it is the only revenue this product has.

There is no fee to post, no fee to launch, no subscription and no token you have to hold. If any of that changes it will be written here first.

• ·A new token can go to zero. The curve is thin by construction and most launches will not graduate.
• ·Buys in the launch second pay a 99% snipe tax, decaying to zero over three seconds. That includes you, if you buy your own token immediately.
• ·Neither launchpad is ours. Pons' owner is a multisig that can re-peg a stock's economics instantly and redirect a live creator-fee stream with a three-day timelock; Flap sets the tax split at launch and its protocol fee is not readable before a token exists. Ours are not special. Nothing we build changes that.
• ·We hold your book's key until you claim. That is custody, and it is the reason the claim page exists.
• ·The fee you are paid is a tokenized US equity issued by Robinhood Assets (Jersey) Ltd, not a memecoin. It is not available to everyone everywhere.
• ·CASHTAG is not affiliated with Pons, Flap, Robinhood Markets, Robinhood Chain or X.