How Rewarded works, end to end.

01Overview

Every coin launched here is a cashback coin. Trading pays one flat fee, and most of that fee comes straight back to the people who paid it, in USDG, claimable about a minute later.

A normal launchpad coin charges a trading fee and hands the creator's share to the deployer. Rewarded keeps the exact same fee, but redirects the creator's share to the traders instead. There is no extra tax layered on top. The result is the cheapest coin to trade on the chain: you pay about 0.4% net after cashback, versus roughly 1% everywhere else.

02How it works

Three steps, and only the first one needs you to do anything.

03The fee split

One flat 1% fee per trade, fixed at launch and never raised. Here is exactly where it goes.

Pons, the launchpad Rewarded is built on, already splits its standard 1% fee into a protocol share and a creator share. On an ordinary coin the creator share is paid to whoever launched it. On a Rewarded coin, that creator share is pointed at our vault instead and paid back to traders. So the 1% breaks down as roughly 0.3% kept by Pons, 0.6% returned to traders, and 0.1% kept by the platform to cover the cost of running payouts.

The 0.1% platform slice is not a second fee. It is carved out of the same 1%, and it exists so the payout service is self-funding rather than run at a loss.

04Launching a coin

Anyone can launch a Rewarded coin from the Launch page. It takes three short steps and a single wallet transaction.

What is locked at launch, forever

• Cashback is always on. Every coin on the platform is a cashback coin. There is no other kind.
• The fee cannot be raised. It is fixed at 1% at launch and can never change.
• The deployer earns nothing. The creator fee share is redirected to traders, not the launcher.
• Paired with USDG. Cashback is paid in USDG, so the reward is a stable dollar amount, not a volatile token.

05Curve and graduated phases

A coin lives in two phases, and cashback works in both. The difference is only in how precisely we can read who traded.

Curve phase

A new coin starts on a bonding curve. Every buy and sell emits an on-chain event that names the buyer or seller directly, so cashback attribution here is exact: we know precisely who paid each fee.

Graduated phase

Once a coin trades enough, it graduates to a standard Uniswap pool and continues trading there. In this phase the fee event does not name the trader, so we identify them from the trade itself: the wallet that actually received the coins on a buy, or sent them on a sell. That is the real trader, and it holds up even when the trade is routed through an aggregator. If a trade cannot be tied to a clear wallet (for example a multi-step arbitrage bot route with no single owner), its fee is set aside rather than paid to the wrong address. See How we identify traders for the full method.

06Payouts and claiming

Cashback is batched into short payout windows and claimed by proof, so it is fast, cheap, and verifiable.

• Short epochs. Trades are grouped into one-minute windows. When a window closes, the fees collected in it are totalled per wallet.
• Pro-rata by fees paid. Your payout is your share of the day's pool, in proportion to the fees you paid that day.
• Posted on-chain as a Merkle root. The full list of who is owed what is committed on-chain as a single small fingerprint, so every payout is independently verifiable and nobody can be quietly left out or added.
• Claim any time, in one transaction. Unclaimed days accumulate. The Claim page bundles them all into a single claimMany call. Cashback that you never claim simply waits for you.

07Why it cannot be gamed

Cashback is a rebate, not free money, and the maths makes wash trading a losing move.

You always get back less than you paid. Pay 1% in fees, receive about 0.6% back, so every trade still costs you about 0.4% net. Trading against yourself to farm cashback just pays that 0.4% over and over for nothing. There is no external top-up and the pool can never pay out more than it collected, so the reward can only ever be a fraction of real fees paid.

• No self-dealing edge. Refund is capped below the fee, so volume for its own sake loses money.
• No stealing another trader's cashback. A fee is tied to the wallet inside its own trade. You cannot insert yourself into someone else's transaction.
• Solvent by design. The vault holds the full creator share (about 0.7% of volume) but only ever pays out about 0.6%, so payouts are always backed.

08Creators and the deployer

On a Rewarded coin the person who launches it earns no fees. This is intentional and permanent.

Every fee that would normally reward a creator is redirected to traders. Launchers come here to start something people want to trade, and the cashback is the reason people choose to trade it here rather than anywhere else. The deployer holds no special fee wallet and cannot change the economics after launch.

09Risk disclosures

Rewarded is an interface to experimental, user-created tokens. It is not investment advice.

• Tokens can be volatile, thinly traded, or lose all value.
• Similar names and images can represent completely unrelated tokens. Always check the address.
• Smart contracts, wallets, RPCs, and indexing services can fail or be delayed.
• Cashback is a rebate on fees you paid, not a yield or a guaranteed return.
• Displayed figures are estimates, not execution guarantees.

10Network and USDG

Rewarded runs entirely on Robinhood Chain, and every coin is paired with USDG.

USDG is the Global Dollar, a dollar-pegged stablecoin approved as a pairing asset on Pons. Pairing every coin with USDG means cashback pays out as a stable dollar amount, and the fee you pay is a predictable dollar figure rather than a slice of a volatile token.

11Contracts

The live addresses on Robinhood Chain. Rewarded deploys one contract of its own, the vault; the rest are Pons and USDG.

12The Rewarded vault

One shared contract that every Rewarded coin points its fees at. It collects the cashback and pays it out against proofs.

When a coin launches, its fee recipient is set to this single vault, the same one for every coin. Fees never land in a per-coin wallet and never in a random address. The vault does three things:

• Harvest. It pulls the creator fee share owed to it out of the Pons fee escrow, in USDG.
• Post an epoch. Every minute it records a Merkle root of who is owed what. This is the only write that decides payouts, and it is done by a dedicated distributor key, separate from the owner.
• Claim. Any trader can present a proof and pull what they are owed, or batch many payouts into one claimMany transaction.

The vault only ever receives the protocol's own fee share. It never has custody of the funds you trade with, and it can only pay a wallet what an on-chain proof says that wallet is owed.

13The distributor

A small always-on service that watches the chain, totals fees, funds the vault, and posts the payouts.

• Indexes trades. It reads every trade on Rewarded coins and records the fee each wallet paid, per one-minute window.
• Funds and builds the payout. It sweeps and harvests the fees into the vault first, then sizes the pool to about 0.6% of volume, splits it pro-rata, and builds the Merkle tree.
• Posts and serves. It posts the root on-chain and serves each wallet's proof to the Claim page over a read-only API.
• Safety guards. A payout is never posted unless the vault already holds enough to cover it (so claims never bounce), and a lockstep check halts posting if its records and the chain ever disagree, rather than risk paying a window twice.

14How we identify traders

Paying the right person is the whole game. Here is exactly how a fee is tied to a wallet.

On the curve, the trade event names whoever called the curve, which for an aggregator, a bot or any routed trade is a contract and not the person behind it. So the curve is read exactly the same way as a pool: we follow the coin itself to the wallet that actually received or sent it.

In a graduated pool, the fee event does not name the trader, so we read the trade: the trader is the ordinary wallet whose balance of the coin actually moved, the one who received it on a buy or sent it on a sell. Known infrastructure (pools, routers, the hook, batching helpers) is excluded, and only a genuine wallet can be credited.

• Robust to routers and relayers. The coin still lands in the real trader's wallet even when the trade is routed or relayed, so that is who we credit, not the router.
• Held aside when unclear. If no clear wallet can be identified (for example a bot's multi-step route with no single owner), the fee is quarantined rather than paid to the wrong address. This never reduces an ordinary trader's cashback.
• Only the USDG side. Graduated-pool fees are sometimes taken in the coin itself rather than USDG. Only the USDG-denominated fees enter the cashback pool, since payouts are made in USDG.
• Reorg-safe and verifiable. The service stays a small distance behind the chain tip so a reorganised trade cannot be counted twice, and every payout is committed as an on-chain Merkle root.

15Safety and trust

Rewarded is non-custodial. Your wallet signs everything, and the app never touches your keys or your funds.

• You sign every action. Launching, trading, and claiming are all transactions your wallet asks you to approve. Rewarded cannot move your funds.
• No custody. The vault only receives the protocol's fee share and pays it out by proof. It is not a place your trading balance is ever held.
• Never share a seed phrase. Rewarded will never ask for your private key or seed phrase, and never asks you to send funds to "process" anything.
• Verifiable. Contract addresses are listed above, the vault's source is verified on-chain, and every payout is a Merkle root you can check.

16Support

Questions, integrations, or something looks wrong?

Start on the How it works page for the short version, or the Launch and Claim pages to use the app. This documentation is the canonical explanation of how the protocol behaves; if anything here disagrees with what you see on-chain, trust the chain and let us know.