How Evermor works

Overview

Evermor is a token launchpad on Elysium. Anyone can launch a token in one transaction, and it opens straight into its own Uniswap v4 pool, with the whole supply as liquidity that can never be withdrawn. The Elysa Router, wallets, trading bots and terminals can trade it from the first block. Creators pair their token with HYPE, USDC or Kinetiq, set their fee, and give it up to eight rules that a hook enforces on every swap, wherever it comes from.

A creator can also launch a Strategy: a token whose fees run one programme on chain, such as buying back and burning another token, accumulating a token and reselling it above cost, or collecting NFTs once the marketplaces open on Elysium.

Network

Elysium, chain 99901

Supply of every token

1,000,000,000

Team allocation

0%

Starting market cap

$2,500

Trades on

Uniswap v4, from the first block

Fee on every trade

1% protocol, the creator's fee, the pool fee

Liquidity

Locked for good

Two ways to launch

A token with its rules, or a Strategy

A token's life

1. 1

   Launch

   Pick a name, a ticker, an image, a pair, your fee and rules. One transaction creates the token and puts its whole supply in its own Uniswap v4 pool. You can buy first in the same transaction, before any bot.

2. 2

   Trade

   It trades through the site, the Elysa Router, any v4 router or bot, and moves freely between wallets.

3. 3

   Rules

   The pool's hook checks the rules on every swap, so they apply to every app and bot alike. The creator can amend them only with 24 hours of public notice, within limits written in the contracts.

4. 4

   Earn

   The creator earns their fee on every buy and sell, and the locked liquidity's fees in the pair. Both collect in the hook until claimed.

The pool

At launch the whole supply goes into a single-sided position of the token's Uniswap v4 pool, from the starting price ($2,500 market cap) upward. The first buy is the first trade: there is no presale and no reserve. As people buy, the paired asset they pay builds up in the same position, so sellers can always sell back into it.

That liquidity belongs to no one: the contract has no function to withdraw it. Its LP fees can be collected by anyone, and the keeper does it regularly. Fees paid in the pair go to the creator; fees paid in tokens are burned. Others may add full-range liquidity once any anti-snipe window is over. With the pair wheel, the locked liquidity moves to the next pair's pool, but it never leaves the protocol.

Trade anywhere

Every Evermor pool lives on the official Uniswap v4 PoolManager on Elysium, so any router that speaks v4 can trade it with nothing to integrate. Rules and fees run in the pool's hook: they apply to every swap, whichever app sent it, and a trade a rule refuses simply fails.

One difference matters. Other routers can't prove who received the tokens, so the hook names the transaction's signer as the trader. King of the Hill, Buyer rewards and Hot potato therefore count buys made on this site only. Pots and referrals count every signer.

Elysium has no public sequencer yet: a transaction goes through an inbox relay and runs some seconds after you send it.

Fees

Launch fee

A small fee in HYPE, about $1

Protocol

1% of every buy and sell

Creator

Set at launch, 0 to 10% of every buy and sell, paid in the pair. It can't go up later

Pool fee

Set at launch, usually 0.3%. It goes to the locked liquidity, whose fees are the creator's in the pair and burned in tokens

Rules

Pots, King of the Hill, Tithe, Referral, Auto-LP and others take a share of each trade, on top. The creator's fee and the rules can't pass 20% of a buy and 15% of a sell

Some rules raise the pool fee

Dynamic fee, Volatility fee and Sell tax decay add to the pool fee as they describe

The trade panel shows what you receive after every fee, from Uniswap's own quoter. Earnings collect in the hook and can be claimed at any time from the Rewards page, in each asset they were earned in.

Pairs

The pair is what people buy the token with in its pool. No oracle answers on Elysium, so the keeper pushes a USD price for each pair. Prices set the opening market cap and the dollar limits of rules. If a price goes stale, launches stop until it is pushed again; trading goes on.

Pair	Kind	Price
HYPEHyperliquid	Native	RedStone on HyperEVM, pushed by the keeper
USDCUSD Coin	Stablecoin	$1, pushed by the keeper
KNTQKinetiq	Crypto	CoinGecko, pushed by the keeper

Pair wheel

A wheel token switches pair on a timer. The creator picks 2 to 6 pairs and a rhythm (5 min, 15 min, 1 hour, 4 hours, 1 day). When the timer runs out, anyone can spin the wheel, and the keeper does it every minute.

At each spin

The locked liquidity leaves the pool, its paired side is converted, and it goes into the token's pool against the next pair, at the same value

Max loss per spin

3% against the oracle price, or the spin skips that pair (a protocol setting, capped at 10%)

Thin pool or no price

The wheel skips to the next pair; if none works, nothing moves

Not compatible

Pots, Auto-LP and Buyback rules (they hold funds in one asset)

Rules

Rules are modules picked at launch, up to eight per token. The hook runs them on every swap, from any app or bot, and on wallet-to-wallet sends for the rules that care about holders. Only the creator can amend them, under the terms below; we can't. The launch page offers ready-made sets (Fair launch, Arena, Deep liquidity, Wall Street).

Amendments

A creator can change a token's rules after launch, under terms written into the contracts so that holders can't be trapped. Or give that up for good: final rules can never be amended, and the token page says so.

Notice

Every amendment is public on chain for 24 hours before anyone can apply it, so holders see it coming and can leave

Window

It can apply for 3 days after its notice, not later: it can't wait, armed, for the right moment

Selling

A rule that can refuse or tax a sell can be removed, never added or set again

Rules that hold funds

Pots, Auto-LP and buybacks can be added on a fixed pair, never removed, so nobody walks off with a pot

Pots and buy limits

A rule that keeps buys out and a pot can't be brought together by an amendment: a creator leading the pot could shut challengers out

Traders never pay more

What added rules can take at most, on buys and on sells, must fit in what removed rules take today. No rule that raises the pool fee can be added. A launch tax past its window takes nothing, so it frees nothing

One at a time

One pending amendment per token; the creator can withdraw it

Final

The creator can make the rules final at launch or any time later. It can't be undone

Windows run from the launch and last 2 hours at most, so a window rule added 24 hours later does nothing.

Strategies

A Strategy is a token whose trading fees run a programme on chain: buying back and burning another token, accumulating a token and reselling it above its average cost, or collecting NFTs of a collection (then reselling each one at its cost plus a markup, raffling it to holders, or burning it). Every resale buys back and burns the Strategy token in its own pool. Anyone can create one on any target; it is never presented as affiliated with its target unless that team confirmed it. See every Strategy.

Fees

Your own buy and sell fees, 0 to 10% in steps of 0.5%, charged by a Uniswap v4 hook

Who gets the fees

The protocol 10%, the Strategy's vault the share the creator set (50 to 90%), the creator the rest

Changing the terms

Settings: 2 hours of public notice; orders already placed keep their prices. Fees only go down and the vault's share only up, at once. The target never changes. The creator can lock it all for good

The vault

One contract per Strategy, with no owner and no withdrawal: it can only buy within its limits, sell at or above its price, and buy back the Strategy token

Targets

A token in a Uniswap v3 pool, or a v4 pool of any hook, against HYPE or WHYPE

Purchases

At most the creator's amount per run, once per cooldown, never above the reference price plus the slippage set. Every fill is also checked on what the vault really paid: at most 20% past that bound

The reference price

v3 pools give a time-weighted price. For v4 pools the vault records its own: it moves at most 0.5% up and 2% down per minute, and the keeper syncs it every minute. A fast rally or someone paying to push the price down only pauses purchases

Burns

The target's own burn, checked against its supply; else it goes to 0x…dEaD. Tokens that refuse both, such as Ascend's, stay locked in the vault for good, and the site calls that locked, not burned

Resales

Range orders entirely above cost plus markup in a v3 pool, tranches in a v4 pool

NFT Strategies

Closed until OpenSea and Kalos open on Elysium. Purchases are made by the protocol's executor on those two marketplaces, and the vault checks them: price cap, exact payment, NFT received

What happens to an NFT

Picked at launch, never amended: listed on Evermor above cost, raffled to holders who enter with Strategy tokens, or burned (sent to 0x…dEaD by anyone)

Running it

The keeper runs every step each minute; every step but NFT purchases is open to anyone, from the Strategy's page

Emergency

The protocol can freeze a vault's purchases. It can't move its funds or change its settings; sales and buybacks keep running

No promise

A resale at a markup may never happen. Nothing keeps a floor or guarantees a profit

Launch protection

The Anti-snipe rule (in the Fair launch and Keep it simple sets) opens a window after launch, 300 blocks or about 5 minutes by default. During it, all buyers in one block share a dollar cap and pay a snipe tax that goes to the token's pot, else the protocol, whichever router or bot they use. The creator's first buy happens in the launch transaction itself, before anyone else can trade. On Elysium a window's blocks are HyperEVM's, about one a second.

Contracts

Not deployed yet.

• Launchpad · Creates tokens, opens their pools, holds the locked liquidity, collects its fees, runs the pair wheelnot deployed
• Hook · Runs every token's rules on each swap, charges the fees, holds earnings until they are claimednot deployed
• Amendments · Holds pending changes to a token's rules and checks the limits on themnot deployed
• Router · Buys and sells in Evermor pools, used by the site. It tells the hook who the buyer really isnot deployed
• Lens · Read helper for the sitenot deployed
• Price oracle · USD prices pushed by the keepernot deployed
• Swapper · Conversions for the pair wheelnot deployed
• Strategy factory · Registry of every Strategy; creates each Strategy's vault, can freeze a vault's purchasesnot deployed
• Strategy hook · Uniswap v4 hook of Strategies: charges the buy and sell fees, locks the liquiditynot deployed

The admin can list or delist pairs, set the launch fee and the wheel's slippage cap, push prices, and switch a rule off everywhere in an emergency. It can't touch tokens, pools or locked liquidity, and it can't add or change a rule on a token that already launched.

For Strategies, the admin can pause new Strategies, name the address that buys NFTs and the marketplaces it buys on, and freeze a vault's purchases in an emergency. It can't move a vault's funds, and can't change any Strategy's fees, split, target or limits.

Risks

• New tokens are highly speculative and most go to zero. Only trade what you can afford to lose.
• The contracts are tested but have not been audited yet.
• Elysium is young: it has no public sequencer yet, and transactions depend on inbox relays. Bridged assets depend on their bridge.
• Prices are pushed by a keeper. If it stops, launches stop too, and dollar limits in rules go stale.
• A wheel spin can lose up to 3% of the liquidity in conversion costs.
• A Strategy's resales at a markup may never happen. Nothing keeps a floor or promises a profit.
• NFT purchases depend on the marketplaces' listings and APIs, and a thin collection's floor is easy to move.
• A creator who owns a Strategy's target pool at an inflated price can extract from the vault. Check who controls the target pool.
• Rules guard the token's own pool. Anyone can open another pool for it: trades there pay no Evermor fee and skip the rules.

FAQ