Terms of use

These terms govern the launch x service. They set out what launch x does with a token's creator fees, what it does not do, and what is expected of anyone who launches a token through it.

Effective date: to be published. Version 1.0. Applies to the launch x site, protocol and payout service.

The service

launch x claims the creator fees of tokens that direct them to its treasury, converts the recipient share to dollars and sends it to the X account the token names. It is a bridge between an on-chain fee stream and a payment rail. It is not a broker, an exchange, a custodian or an investment service. launch x does not hold anyone's funds beyond the creator fees described here.

The operator

Operator: to be published. Jurisdiction: to be published. Notices reach us at to be published, or through @xmoneyfees on X.

Acceptance

Launching a token through this site, or directing an existing token's creator fees to our treasury, is acceptance of these terms. Using the site as a reader is also acceptance.

Eligibility

You must be 18 or older and must not be located in, or acting on behalf of anyone in, a jurisdiction subject to comprehensive sanctions, and must not appear on any applicable sanctions list. You are responsible for the laws that apply to you.

If a token names you

You do not have to do anything. You did not agree to these terms by being named, and being named is not an endorsement of the token, of launch x or of anything else. You can ask to be put on the do-not-pay list at any time and further payments stop.

If you launch a token

You are the deployer of that token and you are responsible for it: its name, its image, its description, its conduct and the choice of the handle you named. launch x supplies a form and a payment rail, nothing else.

Deployer representations

By launching you state that you own or may use the artwork and text you supply, that you are not impersonating the account you named, that you are not using the token to harass, defraud or mislead anyone, and that the launch does not breach any law that applies to you.

Payments and the split

The token carries a 2% creator tax on each trade, on top of the 1% fee the Pons curve charges, so a trade pays 3% in all once the launch window has passed; for the first seconds after a launch Pons charges an extra snipe tax on top, decaying to zero. The creator tax is the part that reaches our treasury. Every claim of it is split 75% to the named recipient and 25% to buying and burning the protocol token. Amounts accrue in ETH and are converted to dollars in batches; the rate of the batch that covers a balance is the rate that applies to it.

Payouts are made from the operator's own X Money account, in US dollars.

Payouts and unclaimed payments

Payments are sent through X Money whether or not the handle has opened an account. A payment that is not accepted within the window X Money applies, currently 14 days, expires; the dollars return to the operator's account and pay for running the service. The payment is not re-sent.

Payment thresholds, the daily cap and the minimum are published in the docs and can change.

Prohibited uses

Do not name an account in order to imply a partnership, sponsorship or endorsement. Do not use the service to harass a named account or to pressure anyone into endorsing a token. Do not attempt to interfere with the indexer, the keeper, the payout worker or the site.

Reserved rights

We may decline to claim fees from a token, decline to pay a handle, remove a token or a handle from this site, or stop the service, at any time and without notice. Nothing here is a promise that any particular payment will be made.

Removal and do-not-pay

A handle on the do-not-pay list is skipped: its tokens' fees stop being swept and claimed and no payment is queued for it. Removal from the list is at our discretion and takes effect going forward only.

Taxes

Payments may be taxable where the recipient lives. launch x does not withhold, report or advise on taxes, and does not issue tax forms.

Intellectual property

The site, its text and its code belong to the operator. Token names, tickers, images and descriptions belong to whoever supplied them.

No warranty

The service is provided as is. There is no warranty that it will be available, that a payment will arrive, that a figure on this site is accurate, or that the contracts it reads behave as described.

Limitation of liability

To the fullest extent the law allows, the operator is not liable for indirect, incidental, special or consequential damages, nor for lost profits or lost token value. Total liability for any claim is limited to the fees launch x actually received from the token the claim concerns.

Indemnity

If a token you launched causes a claim against us, you cover the cost of defending it.

Disputes and governing law

Disputes are resolved by binding individual arbitration, not in court and not as part of a class. The governing law is that of to be published.

Changes to these terms

We may change these terms. The version and effective date at the top change with them, and continued use after that is acceptance of the new version.

Contact

to be published, or @xmoneyfees on X.