The Hood
Blog
- 01latest
A launch costs a dollar
The creation fee used to be a percentage of what you were trying to raise, which charged the most ambitious launches the most simply to exist. It is a flat dollar now — the same for a two-ETH raise and a hundred-ETH one — because the platform's money comes from trading, not from listing.
- 02explainer
A quiet day burns the supply
The rewards pot releases exactly one thousandth of itself every day for a thousand days, whatever happens. What the platform earned that day decides only who receives it — the people using the platform, or the fire. A weak quarter destroys supply instead of printing it.
- 03explainer
Every market opens with money on both sides
A parimutuel market with an empty pool has no counterparty, so it refunds everyone and settles nothing. The creation fee now pays for a stake on YES and a stake on NO at the moment the market is born, which makes the empty case unreachable and settlement always real.
- 04explainer
The team unlocks on market cap, not on a calendar
Two percent of supply, released in ten equal steps, one for every ten million dollars of valuation the market has held. There is no clock in the contract at all — and a spike does nothing, because the measure is the lowest sample across the whole window rather than an average.
- 05explainer
The vote the platform cannot overrule
One question, once a month: burn the THD the pool takes in fees, or pay it back to the people providing that liquidity. The platform is not an option on the ballot, and the only address on earth that can write the answer is the voting contract itself.
- 06explainer
Where a trade fee actually goes
Two percent of every curve trade, split three ways between the creator, the people who promoted the launch, and the protocol. Here is each leg, who decides it, what a promoter can and cannot be promised, and how to read every number off the chain yourself.
- 07explainer
How parimutuel prediction markets work
There is no price and nothing to buy. You put money in a pot, and if you are right you take a share of the whole pot proportional to your share of the winning side — measured when the market settles, not when you staked.
- 08guide
Reading a token launch before you buy
Six checks you can run yourself on any launch, using nothing but a block explorer: supply and who can change it, who holds what, whether the liquidity can be pulled, whether you can sell, what the creator has done, and whether the address is even the right one.
- 09explainer
What a bonding curve actually is
Price rises with supply because a formula says so, not because anyone is buying. Here is the formula, why graduation is not a milestone but an arithmetic fact, and why a well-built curve opens its pool at the price it closed at.