Plain terms

The honest print, kept large.

Status

ROYALTY is pre-launch. The press and the identity registry are written and tested but not deployed to Robinhood Chain. Until they are, every figure on this site reads zero, every coin on the roll is a planchet, and the press's preflight stays red. This clause is rewritten the day that changes.

What a coin is

A coin here is a memecoin launched on pons whose creator fees are routed to a vault contract that holds a fixed share of them, the royalty, under one name until the wallet bound to that name collects them. The remainder is paid to whoever struck the coin. The coin, the name, the rate and the striker are fixed at the strike and cannot be changed by anyone.

What cannot be taken back

Nothing accrued can be withdrawn by the striker, by ROYALTY, or by any key. There is no recovery window, no timelock to a different address, no upgrade path. A coin whose builder never collects keeps its royalties indefinitely, in public.

What is trusted

For a GitHub coin, the ROYALTY attester's signature is what asserts that a login corresponds to a wallet. That signature can only open a 48 hour public notice of a binding; the binding is permanent once finalised; the registry owner can only cancel a pending notice and rotate the attester after a further 48 hour notice. No ROYALTY key can move funds. For a wallet coin nothing of ours is trusted at all.

What pons controls

The coin lives on pons. pons sweeps creator fees from locked liquidity positions on its own cadence, so the amount collectable lags the amount accrued. pons's locker owner controls who may trigger collection, not where proceeds go. Any future change to pons's contracts is theirs to make and ours to disclose.

What this is not

Not investment advice. Not a wage, a grant, or a promise of any amount. A royalty here is a share of trading fees on a memecoin; the coin's price can go to zero, and then the fees do too. Striking a coin for someone does not create any obligation on them and does not require their consent; it creates a balance they may or may not ever collect. The word royalty describes the mechanism, a per-transaction share paid to a named person, and not a legal licence, a copyright assignment, or a claim on any code.

Audit

The contracts have not been audited by a third party. They are short, single-purpose, and will be verified on the chain's explorer at deployment so anyone can read them. The test suite is published with the source.

Affiliation

ROYALTY is independent. It claims no affiliation with Robinhood Markets, Robinhood Chain, pons, GitHub, any national mint, or any builder whose name appears on the roll.