ONIX, explained.
ARC · CHAIN 5042One signature launches a coin on its own bonding curve, priced and settled in iUSD— the platform's dollar, backed one-for-one by real deposits and redeemable anytime (how to get it: Get iUSD). The curve fills, the coin graduates to Uniswap V3, and the liquidity is burned — un-ruggable by design. Everything settles on-chain; everything below is on-chain and verifiable.
1Mechanism
- Create. Name it, dress it, sign once. Your coin is live on its own bonding curve in seconds — no presale, no team allocation, fixed 1B supply. The whole cost is a flat 50 iUSD.
- Trade. Every buy and sell settles on-chain against the curve, in iUSD. Price is a pure function of what has been bought — constant-product math, no order book to spoof — and an anti-sniper cap keeps the first minutes fair.
- Graduate. When the curve raises its target (default 500 iUSD), anyone can pull the graduation lever and collect a bounty for it: a Uniswap V3 pool is created at the exact final curve price — zero-arbitrage, nothing skimmed on the way over.
- Open market. The LP position is burned on the spot — sent to the dead address, owned by no one. From then on the coin trades on the open market, and a 1% buy tax on the pool keeps paying the creator forever.
the ledger is public and the liquidity is ash. a very restful arrangement.
The contracts are open source. The Core and the token contract ship their complete source in the repo — every line anyone trades against is public. What runs is on-chain and verifiable. The one exception is the trading dollar itself: iUSD is issued by us against real deposits and redeemable anytime (bridge fees: 1% in, 5% out) — a promise from the team, stated plainly on Transparency rather than buried.
- No mint. Supply is fixed at 1B. A mint function does not exist in the bytecode.
- Renounced.Every coin's owner() is the zero address from birth. No admin keys over your token.
- LP burned. The graduation position is sent to the dead address. Nobody — the platform included — can ever pull liquidity.
- No hidden tax. On the curve, one 1% trade fee, split 50% creator / 50% platform. After graduation, a 1% tax on pool buys with the same split. Both enforced by the contract; sells are never blocked.
- Anti-sniper. A per-wallet cap in the first minutes of every launch keeps bots from eating the bottom of the curve.
- Battle-checked.Repeated adversarial security reviews and a mainnet-fork test suite (graduation solvency proven to the wei) ran before deploy — and the source is open precisely so you don't have to take our word for it.
Builders: a public JSON API mirrors the chain — GET /api/tokens, /api/token/:address, /api/trades/:address, /api/meta/:address and /api/img/:address for aggregators. On-chain, index the TokenCreated, Trade, Graduated and TokenTaxSwept events — the full ABI ships with the open contract source in the repo.
2Economics
- 50 iUSD launch fee. Flat, paid in iUSD, anti-spam. That's the whole cost of creating.
- 1% per curve trade — split 50% creator / 50% platform. Creators earn from every trade of their coin while it's on the curve.
- 2% at graduation — a one-time migration fee on the raised iUSD; the rest seeds the burned Uniswap position. Whoever triggers the graduation collects a small iUSD bounty.
- 1% after graduation — the coin keeps a 1% tax on every pool buy, split 50% creator / 50% platform, released by a permissionless sweep. Creator earnings never stop.
- 0% reserve burn. A reserve buyback-and-burn engine exists in the Core but is dormant at launch — no reserve token configured, burn share zero. If a platform token ships later, a burn slice of fees can be enabled by the owner for future launches.
Want the money trail? Transparency traces every fee to its address. · ONIX is an independent launchpad built on Arc. Not affiliated with, endorsed by, or sponsored by Circle or Arc. Trading is denominated in iUSD, a dollar token issued by the ONIX team, backed one-to-one by published reserves and redeemable anytime. Bridge fees: 1% on deposit, 5% on cash-out — full disclosure on the Transparency page.