The membrane

Hooks

Every trade passes through one Uniswap v4 hook. This is everything it does, and what is built in but switched off.

Current functions

  • Treasury

    At launch

    2% of the HYPE side of every buy and sell, held as claims that pay out only to the team's Safe.

  • Venue policy

    At launch

    A copy of the pool on Uniswap v4 cannot be funded, so the fee cannot be skipped there. Other venues (v2 pairs, v3 pools) are blocked once listed; the known ones are listed at launch.

  • Locked liquidity

    At launch

    The whole supply went into the pool at launch. The position belongs to a locker that can only add to it.

  • Launch wallet cap

    First hour after launch

    No wallet may hold more than 1% of the supply during the pool's first hour. Selling is never capped.

Built in, switched off

  • Buyback and burn

    Planned

    Buys AMOEBA from the pool with its share of the fee and burns it. Built in, off until switched on through the timelock.

  • Liquidity

    Planned

    Adds two-sided depth to the launch position from its share of the fee. Built in, off until switched on through the timelock.

The hook is upgradeable behind a 24-hour public timelock controlled by the team's Safe. A change to the fee or a new program waits a full day in public before it can run, and the total fee can never exceed 5%.