0xKerrag

35.9M $TORCH burned. That's 3.56% of supply. @Torchpaddotfun is roughly ~15x smaller than $PONS, despite already burning over $331K worth of tokens. With a launch model that skips bonding curves entirely. Every token goes straight to Uniswap v4, with liquidity locked forever. ✤ 𝐀 𝐥𝐚𝐮𝐧𝐜𝐡𝐩𝐚𝐝 𝐰𝐢𝐭𝐡𝐨𝐮𝐭 𝐛𝐨𝐧𝐝𝐢𝐧𝐠 𝐜𝐮𝐫𝐯𝐞𝐬: Torchpad is a token launchpad and trading terminal built on Robinhood Chain. Its terminal lets users trade across Robinhood Chain, Base, Solana and other supported networks from one balance, without manually bridging assets. The platform is non-custodial through Turnkey and is accessible through its web app and Telegram bot. The launchpad uses a different model from the usual fair-launch platforms. Every token launches directly into a Uniswap v4 pool in a single transaction. There is no bonding curve, no migration stage and no later liquidity unlock. The rules are simple: - Fixed supply of 1B tokens. - 100% of supply goes into the Uniswap v4 pool. - Liquidity is locked permanently. - No team allocation or treasury reserve. - No additional minting. Creators choose a buy tax between 1% and 10%. The rate and its distribution are fixed at launch. Anti-sniping protection is also built into the launch process. Traders can access the pool from the first block, without waiting for a bonding curve to fill before liquidity moves to a DEX. The launch mechanics are documented in Torchpad's own protocol guide. ✤ 𝐓𝐡𝐞 𝐩𝐫𝐨𝐝𝐮𝐜𝐭 𝐢𝐬 𝐥𝐢𝐯𝐞, 𝐚𝐧𝐝 𝐛𝐮𝐫𝐧𝐬 𝐚𝐫𝐞 𝐮𝐧𝐝𝐞𝐫𝐰𝐚𝐲: Torchpad launched on October 10, 2026. Several parts of the platform are already operational. - Launch presets: Degen starts at a 1 ETH market cap, Launch at 2.5 ETH and Steady at 5 ETH. - Terminal fees: A 1% trading fee is distributed across cashback, referrals, holders and burns. - Liquidity provision: Users can LP the TORCH/ETH Uniswap v4 pool and earn its 0.3% pool fee. - Beta airdrop: $10,000 in ETH for eligible users who completed at least 10 trades before the token launch. - Second airdrop: 25% of net revenue is allocated to a later distribution. Users can claim in ETH or TORCH, with TORCH claims triggering a market buy. Two additional mechanisms can reduce supply. Unclaimed creator fees are bought back and burned after 60 days. Unclaimed airdrop allocations are bought and burned after 30 days. These mechanisms give Torchpad several potential sources of buy pressure and supply reduction, tied to platform activity and unclaimed allocations. ✤ 𝐇𝐨𝐰 $𝐓𝐎𝐑𝐂𝐇 𝐜𝐨𝐧𝐧𝐞𝐜𝐭𝐬 𝐭𝐨 𝐩𝐥𝐚𝐭𝐟𝐨𝐫𝐦 𝐚𝐜𝐭𝐢𝐯𝐢𝐭𝐲: $TORCH launched through Torchpad and follows the platform's fixed-supply, locked-liquidity model. Its 2% buy tax feeds holder distributions and protocol allocations. Terminal fees create another revenue stream, while unclaimed creator fees and airdrop allocations can contribute to additional burns. The airdrop also gives users a choice. Claiming in ETH avoids receiving newly distributed $TORCH, while claiming in TORCH triggers a market buy. Together, these mechanisms are designed to connect platform activity with token demand and supply reduction. The important metric over time will be how much buying and burning the platform can sustain from actual usage. ✤ 𝐓𝐨𝐫𝐜𝐡𝐩𝐚𝐝 𝐯𝐞𝐫𝐬𝐮𝐬 𝐏𝐎𝐍𝐒: PONS is the established launchpad competitor on Robinhood Chain. Based on the supplied market-cap figures, PONS sits around $160M, while Torchpad is around $9M. That puts Torchpad at roughly 15x smaller by market cap. The products take different approaches to token launches: - PONS: An established launchpad with bonding-curve trading and migration into liquidity pools. - Torchpad: Direct Uniswap v4 launches, permanently locked liquidity and no bonding-curve migration. PONS has demonstrated that a launchpad token on Robinhood Chain can reach a much larger valuation. Its public analytics also show substantial cumulative launch activity and fee generation. Torchpad's smaller valuation gives it room to grow if it can attract traders and creators at scale. Pump fun remains a much larger launchpad benchmark on Solana, operating in a different ecosystem and at a different scale. For Torchpad's near-term growth, PONS is the more direct comparison. ✤ 𝐖𝐡𝐚𝐭 𝐰𝐢𝐥𝐥 𝐝𝐞𝐭𝐞𝐫𝐦𝐢𝐧𝐞 𝐰𝐡𝐞𝐭𝐡𝐞𝐫 𝐓𝐨𝐫𝐜𝐡𝐩𝐚𝐝 𝐜𝐚𝐧 𝐜𝐥𝐨𝐬𝐞 𝐭𝐡𝐞 𝐠𝐚𝐩? Torchpad has a live product, a distinct launch mechanism and reported early burns. The next step is proving that the activity lasts beyond the launch period. I'd track four metrics: - Terminal volume: Does trading continue as the initial airdrop incentives fade? - Burn pace: Are tokens still being burned at a meaningful rate as the platform matures? - Token survival: Can Torchpad-launched tokens retain liquidity and holders after launch? - Market share: Can Torchpad attract creators and traders who would otherwise use PONS? The burn mechanism depends on activity. If trading slows, the fees and buybacks tied to it can slow too. I'd focus on daily terminal volume, whether the burn pace holds beyond the first few weeks, and whether any launched token can sustain a market cap above $100K for now. NFA. DYOR.