XLaunch
Not live yet

$BACKED

The main coin. $BACKED fees feed the same fund as every coin on the pad, and part of them buys $BACKED and locks it away.

$BACKED is not live yet

When it launches, its numbers show up right here.

5% of every trade

Where $BACKED fees go

Every trade of $BACKED pays a 5% creator fee. Anyone can push it through the split.

20%Creator
60%Backing fund
20%Buyback
20% creator
The wallet that launched $BACKED. Paid on every feed.
60% fund
Joins the fees of every coin on the pad.
20% buyback
Buys $BACKED and drops it in the Basket, locked forever.
The mechanism

How the pad works

Five steps, all of them on chain and open to check.

  1. 01

    Fees

    Every trade of a coin launched here pays a 5% fee.

    20%Creator
    80%Backing fund
  2. 02

    Backing fund

    One fund for the whole pad. $BACKED feeds it too.

    1Fund for every coin
    60 minBetween buys
    0Withdraw functions
  3. 03

    Top 10

    The ten coins with the most ETH bought in the hour.

    01020304050607080910
    3Buyers needed
    30%Most one coin gets
  4. 04

    Buy

    At the top of the hour the fund buys them, split by volume.

    1Transaction per cycle
    0.0002 ETHSmallest buy
  5. 05

    Lock forever

    What the fund buys goes to the Basket. Nothing can take it out.

    0Owners
    0Functions that move coins