> For the complete documentation index, see [llms.txt](https://docs.socialhood.app/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.socialhood.app/terminal-launchpad/fair-launch.md).

# Fair Launch Rules

"Fair launch" is usually marketing. On Socialhood it's bytecode. Every rule below is enforced by immutable contracts — not by us promising to behave.

## No presale, no team allocation

100% of supply is accounted for at launch: **97.5% liquidity + 2.5% key-holder airdrop**. There is no creator vault, no vesting schedule, no "ecosystem fund". The only way the creator ends up holding tokens is the same way anyone does — buying them.

## Creator initial buy — capped at 5%

The creator may attach ETH to the launch transaction for an atomic first buy that lands **before any sniper can act**. It is hard-capped at **5% of supply**; exceeding the cap reverts the entire launch. The cap is a contract constant — not configurable per launch, not waivable.

## Anti-sniper window — nobody over 5%

For roughly the **first 5 minutes** (measured in blocks) after launch, the token contract itself enforces:

* **Max 5% of supply per wallet**
* **Max 5% of supply per transaction**

This applies to *everyone* — snipers, whales, and the creator alike. One wallet cannot sweep the launch. When the window expires the limits die **permanently**; there is no function to re-enable them, no admin who can extend them, no blacklist hiding behind them.

## Liquidity is locked

The full 97.5% LP position is minted directly into a locker contract. Trading fees (1% pool tier) are split **95% to the creator / 5% to the protocol** and can be collected by anyone at any time — collection is permissionless and pays out instantly. The position itself stays locked.

## Anti-grief protection

Token addresses are deterministic (CREATE2), which means a hostile actor could try to pre-create the pool at a manipulated price. The factory checks the pool sits at exactly the intended launch price — if not, the launch reverts cleanly instead of seeding liquidity into a trap.


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