Docs · drugs

01

Reference coins

Each reference coin represents a documented unit. XAN uses a Xanax 2 mg tablet acquisition-cost observation. For illustration, at a benchmark of $15.90988, one XAN can be minted for approximately 15.90988 USDG and redeemed for that amount, subject to rounding and collateral-token availability. Each mint deposits USDG; each redemption burns reference coins and returns USDG.

The drug benchmark, the reference coin’s USDG redemption price, and a launched token’s price are distinct. A CHILL / XAN market determines how many XAN a CHILL token is worth. CHILL itself does not peg to the drug price.

Token price in reference coins×USDG per reference coin=Token value in USDG

The calculation treats USDG as one dollar. If USDG trades below a dollar, cash values can differ. Reference coins have 18 decimals; USDG has 6. Mint costs and required reserves round upward; redemptions round downward. Reference coins confer no ownership, use, rental income or physical redemption of any referenced item.

Price sources

14 prescription benchmarks use CMS NADAC: US pharmacy acquisition costs, not retail, copay or street prices. The app checks the source on request, with a one-hour cache, and preserves a dated snapshot if retrieval fails. Ozempic is priced per mL of the specified formulation, not per pen.

COKE, WEED, MDMA, LSD, KET, HASH and SPEED use OFDT’s 2024 observations from mainland France, published in 2025. HER and METH use OFDT’s 2024 Paris and Île-de-France observations; these regional values do not represent all of France. SHRM uses OFDT / CEID’s 2023 Bordeaux regional observations: €5–€15 per gram, with €10 most commonly reported. That report does not specify fresh or dried form, species or psilocybin concentration. Headline prices are shown in USD using the source year’s ECB exchange rate. Original EUR ranges, dates, regions and units remain available in source details.

Exotic-car references

The 10 car benchmarks are dated, individual USD auction results for the stated model year and variant. Condition, mileage and provenance affect each sale; these are source snapshots, not live average valuations. Catalogue prices show the whole vehicle. Each car reference uses 1/1,000 of that benchmark: a $3,000,000 auction result sets an initial price of 3,000 USDG per reference. This denomination keeps references within the existing contract’s price limit. It does not grant ownership of a car.

The source record preserves the full auction value, model specification, date and 1,000-to-one denomination. A later comparable sale for the same model year and variant can be proposed by the issuer through the same 48-hour notice and reserve checks. Prices do not update automatically. New car references require registration and import before they can be selected for a launch.

Firearm references

The six firearm benchmarks use manufacturer-published USD list prices for the stated product identifiers. Each reference uses the full published value: a $359 benchmark sets an initial price of 359 USDG. These are price references, with no physical firearm ownership or redemption.

Manufacturer suggested prices, starting prices and archived values are labelled separately. BER uses Beretta’s published starting price for J92F300M. DEAGLE uses a historical MSRP announced on 22 December 2014; SW686 uses an archived value for discontinued SKU 164222. They are not completed transaction prices or live secondary-market valuations. The source-check date records when the page was verified, not when the manufacturer changed its price.

Product identity, price basis, source, source-check date and any published date or discontinued status are saved in the on-chain source record. Updates require the same issuer notice and reserve checks. Browse firearm references or explore exotic cars.

Homes, watches, handbags, yachts and private jets

The luxury collection includes 9 homes, 8 watches, 8 handbags, 6 yachts and 5 private jets. Each reference identifies one documented property, model specification or auction lot. A Malibu reference covers its stated property, not the average Malibu housing market. Published asking prices, recorded sales and manufacturer list prices remain distinct.

Catalogue prices show the complete asset’s documented USD value. Homes, yachts and aircraft use 1/1,000 of that value per reference: a $30,000,000 property benchmark corresponds to 30,000 USDG. Watches and handbags use the full documented value per reference. This denomination is a pricing unit; it conveys no fractional ownership.

A sale reference uses the recorded sale date. A listing or manufacturer reference uses the date the source was checked, with any known publication date preserved separately. An older published asking price is a historical snapshot, not a current offer or completed transaction. Condition, location, year and the exact specification matter; one observation is not an independent appraisal or a live category-wide index.

The on-chain source record preserves the asset identity, full USD value, reference denomination, price basis, source and dates. Prices change only through the issuer’s notice and reserve process. New references need registration and factory import. Artwork is symbolic and can be selected independently.

Creator subscription references

The OnlyFans category features six creators with publicly reported paid monthly subscription prices. These are historical USD snapshots, not a verified top-earner ranking or current prices. One reference uses one reported monthly subscription price. Free accounts, tips, paid messages and discounted bundles are excluded.

IGGY · Iggy Azalea monthly subscription · $25.00 per month · reported 2023-01-22 · Forbes ↗
BHAD · Bhad Bhabie premium subscription · $23.99 per month · reported 2024-07-16 · Complex ↗
BELLA · Bella Thorne monthly subscription · $20.00 per month · reported 2020-08-25 · Los Angeles Times ↗
MIA · Mia Khalifa monthly subscription · $12.00 per month · reported 2022-05-10 · Bustle ↗
BELLE · Belle Delphine monthly subscription · $35.00 per month · reported 2020-12-12 · The Spectator Australia ↗
DENISE · Denise Richards monthly subscription · $25.00 per month · reported 2022-06-23 · E! News ↗

The source record identifies the creator, platform, paid plan, monthly billing unit, reported USD amount, article publication date and source URL. The contract timestamp uses that publication date; it does not claim a live price check or an exact price-change date. Later updates follow the same issuer notice and reserve process. Creator and OnlyFans names identify the benchmark only: these independent reference coins have no affiliation or endorsement and provide no subscription, content access or rights to earnings. New references still require registration and import.

Street reference conversion

A street reference uses the reported common price when provided; otherwise it uses the midpoint of a reported range, or the single reported value. This EUR value is multiplied by the ECB annual average USD per EUR exchange rate for the same source year. The raw rates are 1.08238046875 for 2024 and 1.081268627451 for 2023. The contract treats one USDG as one US dollar.

For example, COKE uses (€50 + €60) ÷ 2 × 1.08238046875 = 59.53092578125 USDG per reference coin. The on-chain source record includes the original range, chosen value, method, year and FX source. Its timestamp uses December 31 as a year-end convention, not as an exact observation day.

The catalogue contains 82 benchmarks and pixel images. Street references are derived historical values, not current street-price feeds or live oracles. Catalogue inclusion does not activate a trading pair: the registry owner first registers missing references, then the factory owner imports them into the exchange. The reference activation workspace combines both phases, skips completed items and shows the required owner wallets. Switch accounts after registration. The workspace checks the connected owner wallet for atomic batching on Robinhood Chain: supported wallets can group up to eight registrations, and group imports when their gas estimate fits. Each batch needs wallet approval. Large selections require several batches because the chain limits transaction gas. A wallet that needs a smart-account upgrade asks for account-delegation approval; that delegation can persist after the batch. Rabby currently requires individual confirmations, which remain available as a resumable queue. Completed entries are skipped and pending batches retain a recovery ID. Both phases use ETH gas only. The launch form reads the factory’s actual imported references. Artwork can be selected independently of the reference pair. Registration starts with no reserves or reference supply; subsequent buyer mints deposit USDG. Annual updates preserve the benchmark identity for the same region, unit and conversion method and follow the notice process below.

02

Launch a market

Select Connect wallet and choose a detected Ethereum browser wallet, such as MetaMask, Coinbase Wallet, Brave Wallet or Rabby. On mobile, use a compatible wallet’s built-in browser. The wallet must support adding Robinhood mainnet, chain ID 4663. The account button lets you switch wallets or disconnect. A version 4 public link identifies the factory and both deployment receipts. The app verifies the factory, engine, permanent treasury and registered reference contracts before preparing a transaction.

Choose the coin name, ticker, description and optional links. Select a catalogue pixel image or upload a JPG, PNG or WebP up to 2 MB. Uploads require a wallet signature, with no gas fee. Uploaded images are normalized and hosted off-chain; their URL and content hash are saved in immutable on-chain metadata.
Choose one of the factory’s imported references. The form displays its active USDG benchmark and any pending update. Only the factory owner imports references; ordinary users can create markets.
Choose a 1%, 2% or 3% curve fee and a first-buy budget, starting at 1 USDG. Pay with USDG or native ETH. ETH funding, coin creation and the first buy complete together; unused ETH returns to the same wallet.
Review the estimated tokens, minimum received, payment, maximum network fee and permanent metadata. USDG purchases require an exact approval followed by a fresh review.
After confirmation, open the coin page for its chart, token contract address, buy and sell controls, pool details and holder rewards. Confirmed launches appear in the selected factory’s market list.

Factory deployment and reference imports belong on the separate exchange setup page. The deployment wallet becomes the permanent treasury. Publishing that factory as the website default requires its confirmed public deployment record.

03

Curve pricing

Each coin has a fixed supply of one billion tokens: 800 million for the curve and 200 million reserved for initial liquidity. Constant-product virtual reserves determine the price in reference coins. Actual collateral is recorded separately. Buying raises the curve price; selling reduces it.

The version 4 curve targets 16,000 USDG net collateral at the reference price recorded at creation. With that price unchanged and USDG near a dollar, opening fully diluted value is approximately $5,000 and graduation value approximately $80,000 before conversion costs. The trigger is 800 million tokens sold, rather than a live dollar target.

A final buy spends only the remaining curve requirement. It creates both pools atomically; if a conversion or deposit fails, the entire final buy reverts and the existing curve state remains intact. Curve sales remain available after a failed graduation. Reference price updates can change the collateral’s USDG value without resetting curve quantities.

04

Trading

Before graduation, the website routes purchases through the curve using USDG or native ETH. Curve sales return USDG. At graduation, the native ETH pool provides a direct route for buying and selling the launched token, alongside its selected reference pool.

Both pools use standard Uniswap v4 without a custom hook. The preferred static LP fee is 0.3%; an occupied-key fallback can use up to 0.3099%. The app reads each actual pool key, fee and tick spacing. Compatible external routers can use the ETH pool. A terminal’s listing and indexing are controlled by that service, so actual discoverability requires a check after deployment.

The website’s trade reviews use output minimums and expiring quotes. Changing wallet, market or draft invalidates a review. Pending transactions retain their exact sender, destination, calldata and native amount for recovery. Gas remains payable when a transaction reverts.

Charts read actual curve and pool events. Live snapshots are refreshed on request; a lagging chain head is rejected. Holder data uses the explorer index when available, with a bounded on-chain fallback that verifies balances and total supply at one block. Data can be temporarily unavailable when upstream services fail. Market USD estimates convert ETH or reference amounts through USDG and estimate one USDG as one dollar. The ETH-conversion contract separately uses an oracle price for USDG.

05

Benchmark updates

The reference issuer publishes updates manually. A proposal records a price, source and reference date, then begins a 48-hour notice. Reference minting and curve purchases, including purchases funded with ETH, pause while an update is pending. Reference redemptions continue at the old active benchmark. Curve sales remain available at the curve’s current quote; direct trading in graduated ETH pools is unaffected by a pending reference update.

Anyone can execute after the notice, provided reserves cover all outstanding reference coins at the new price. An increase may require an additional USDG deposit. Replacing a proposal restarts the full notice. The issuer can cancel; renouncing ownership clears a pending proposal.

The issuer is trusted to publish accurately. Notice does not prevent losses for holders who remain through an adverse or manipulated update. On-chain source records are not independently authenticated by an oracle. Automatic publishing is not implemented.

06

Fees and rewards

Curve trades charge the selected 1%, 2% or 3%, split 40% to eligible holders and 60% to the permanent treasury. After graduation, the two locked positions earn their actual Uniswap LP fees. Additional Uniswap protocol fees, when active, are reflected in executable quotes.

Anyone can collect fees earned by the locked positions. The treasury reviews and executes bounded conversion of collected ETH and launch-token fees into the selected reference. Net reference receipts split 40% to eligible holders and 60% to the treasury. Collection alone does not make unconverted fees claimable, and no unattended conversion service is included.

Rewards use holder balances at the time of distribution, not historical or time-weighted ownership. Already allocated rewards stay with the earning wallet after a transfer. Curve, factory, engine, PoolManager and token-self balances are excluded. If no eligible holders exist, the distribution goes to treasury.

Claiming pays reference coins to the earning wallet. Fees are tracked separately for each market; principal, donations and tiny seed rounding balances cannot be spent as fees.

07

Two pools. Locked initial liquidity.

160M tokens + 80% collateral → ETH pool+40M tokens + 20% → reference pool

The engine redeems the ETH allocation into USDG and swaps it for native ETH. It then deposits both positions in one transaction. Actual dollar proportions can differ slightly because of conversion costs. The positions are not rebalanced afterward.

The engine has no withdrawal, position-transfer, upgrade, arbitrary-call or rescue function. Its initial positions remain permanently held. Personally added LP is a separate position controlled by that depositor; withdrawing it does not recover the engine’s liquidity or guarantee the original dollar value.

Conversion checks

Independent Chainlink ETH/USD and USDG/USD feeds set the conversion benchmark. The final buy must receive at least 97% of the oracle ETH value, plus any stricter buyer minimum. Execution also has an oracle-derived price limit. The last buyer cannot substitute a chosen spot price for this protection. Stale, incomplete, future-dated or nonpositive feed answers stop the conversion.

Fresh feeds, reference redemption and enough ETH/USDG route liquidity are still required. The website checks graduation-route availability when reviewing curve purchases, including small USDG buys, so an unavailable route can temporarily prevent a purchase review before graduation. These checks limit acceptable execution loss; they do not guarantee a lossless conversion or graduation under every market condition. Chainlink does not list a Robinhood sequencer uptime feed.

Occupied pool recovery

The engine skips already initialized pool identifiers, then initializes and funds unused identifiers atomically. It never spends launch collateral repairing an outside pool. If a batch of keys is occupied, anyone can review the gas-only pool-preparation action on the coin page and retry. Preparation advances only past occupied keys. The search space is finite and this is not a guarantee against network censorship.

Both positions record their actual keys and full-range tick bounds. Existing v1/v2 coins and the version 3 rehearsal keep their original rules; deploying version 4 does not move their balances, collateral or holders.

08

Contracts and status

Official $drugs coin · Robinhood Chain. Launched on Pons. 0x244C64c73295f72b909cCa8162a5d18234391E8C ↗ · Trade on Pons ↗

Version 4 release
Network	Robinhood mainnet · 4663
Public deployment	0x8C16F8fcDFf5e2c2491c7982eB2242BDf72E84A7
Deployment receipts	Factory receipt ↗ · Engine receipt ↗
Checks	Local fork tests cover full-size graduation, native ETH funding, occupied-key recovery, standard-router trades, locked positions and holder rewards. The actual website helpers and market APIs are tested against the same fork.
Independent audit	None
Sources	Build manifest ↗ · Solidity compiler input ↗ · Public deployment record ↗
Legacy factory	0xDdc988A8ef77DF6e155f7679ab10f2b79A724DAd

Local fork checks send no mainnet transactions. A website update does not deploy new contracts. The public deployment listed above is deployed and bound. Reference availability is read from that factory on-chain; newly added catalogue entries require registration and import. Separate exchange deployments require their own wallet setup. Each confirmed deployment is verified against exact constructor calldata and runtime code.

Open exchange setup ↗ · Existing CHILL market ↗ · Original factory receipt ↗

09

Common questions

Can anyone launch?

The configured public version 4 factory permits anyone to create a market against an imported reference. A wallet and enough funds for the first purchase and gas are required.

Does selecting a reference peg the launched token?

No. The launched token has its own curve and market price. The selected reference determines its denomination and reward asset; it is not a fixed redemption promise for the launched token.

Can I remove the graduation liquidity?

No. The initial positions are permanently held. A separately funded personal LP position follows its own ownership and withdrawal rules.

Does a website benchmark update change the contract?

No. Reference updates require the issuer’s proposal, notice period, reserve check and on-chain execution. The catalogue can show a newer observation before that happens.

Are the contracts independently audited?

No. Internal tests cover the stated scenarios, including a mainnet fork, but do not prove the absence of vulnerabilities. External terminal indexing also needs verification against a real deployment.