how to play
rules.
no owner, no setter, no upgrade. what is written here is what the contracts do.
- it fills.
Every PLIK trade pays 5% of its ETH side. 3 points go to the shell as loose ETH; anyone can call fill to turn it into SPCX, NVDA and META, one capped clip at a time.
- you hit it.
A swing burns PLIK and deals exactly that much damage. A shell has 0.5% of the PLIK supply in HP, measured when it was hung.
- it cracks.
The swing that takes the last HP cracks it. Everything inside falls out: the stocks and any loose ETH, toll accrued up to that swing included.
- you pick up.
The cracking swing takes 10% off the top. The other 90% is shared by every hitter of that shell, the breaker included, in proportion to the PLIK they burned.
- a new one goes up.
In the same transaction, an empty shell is hung with 0.5% of the supply that is left. Every crack burns PLIK, so every shell is a little lighter.
the numbers
| supply at launch | 1,000,000,000 PLIK, fixed, no mint |
|---|---|
| toll | 5% of the ETH side of every swap: 3 points to the shell, 2 to the operator |
| LP fee | 1%, to the launch position |
| shell HP | 0.5% of the PLIK supply when hung (floor 10,000 PLIK) |
| breaker's cut | 10% of what falls out |
| smallest swing | 1,000 PLIK, unless it finishes the shell |
| fill clip | at most 0.5 ETH and 2% of the pool's WETH, one per line per minute |
| fill price guard | within 3% of the pool's TWAP (30 min, else 10, else 2) |
| fill tip | 0.25% of the clip, at most 0.0005 ETH |
| launch pool | ETH / PLIK, Uniswap v4, tick spacing 200, opened single-sided at tick 193400 |
what can go wrong
- Burned is burned. A swing cannot be undone. If nobody finishes a shell, nothing falls out of it until somebody does.
- The stocks are not yours until you pick them up, and not fully then. SPCX, NVDA and META on Robinhood Chain are tokens their issuer can pause, burn and upgrade. A payout that cannot move is kept for you and can be retried.
- The operator can remove the launch liquidity. The LP position belongs to the deployer; if it is removed, PLIK has no pool and the toll stops. What is already inside the shell stays inside.
- Prices move. Stock is bought at pool prices guarded by a TWAP, and valued on this site at TWAP. The value of what is inside changes while it hangs.
- No audit. The contracts are tested, fuzzed and mutation-tested, and verified on the explorer. Nobody outside has audited them.
contracts
- PLIK
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- Shell
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- Hook
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- LP manager
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- SPCX
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- NVDA
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- META
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