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How HoodPaid works

HoodPaid is a fee bridge for pons, the launchpad on Robinhood Chain. A token points its creator fees at us, we claim them on chain, and 90% is paid to an X account in dollars through X Money. Nobody has to sign up to be paid.

1Overview

HoodPaid turns a token's creator fees into dollars in someone's pocket. A deployer launches a token on pons and points its creator fees at the HoodPaid treasury. The token's description names an X account, and that account is who the fees are for.

Everything between the two is mechanical. Fees accrue to the treasury as the token trades, HoodPaid claims them on chain, 90% is converted to dollars and paid to the recipient through X Money, 7% buys $HOODMONEY and burns it, and 3% pays for running the bridge. Every step is recorded against the claim that produced it, and every payout is confirmed in public.

The recipient is not asked to do anything first: there is no account to make and no wallet to connect, so a payout can arrive from a token they have never heard of. Control sits where it already did: X Money decides who is allowed to pay an account. HoodPaid does not add a second switch on top of it.

  1. 1
    A token directs its fees
    The deployer sets the HoodPaid treasury as the creator fee wallet when the token is launched on pons. See section 3.
  2. 2
    The description names a handle
    One line in the token description says who the fees belong to. See section 4.
  3. 3
    The token registers itself
    The registry sees the fee direction on chain and registers the token. There is no approval step.
  4. 4
    Fees are claimed
    HoodPaid sweeps and claims accrued creator fees on a schedule and records each claim against its transaction hash.
  5. 5
    The recipient is paid in dollars
    The recipient share is sent through X Money from a pre-funded float, and a public post confirms it.

2Supported venues

HoodPaid runs on pons only. A token has to be launched on pons, on Robinhood Chain, with the treasury as its fee wallet.

ponsRobinhood Chain. Live. Fees directed at creation, as the fee wallet. ETH-quoted launches. $HOODMONEY is issued here.

3Directing fees

On pons the fee wallet is one of the fields set when the token is launched, alongside its name and image, so pointing it at the HoodPaid treasury is part of creating the coin. It has to be the whole fee, because pons has one creator fee recipient per token, and it is permanent by construction: the factory only lets the protocol owner change a recipient, behind a public 3-day timelock. Once it is ours, neither the deployer nor we can quietly move it.

WhenAt creation, as the creator fee wallet
What we watchTokenLaunched events on the pons v2 factory, then the launch's creatorFeeRecipient
Made permanent byThe assignment itself. Only pons' protocol owner can override it, with a 3-day timelock
Not possibleRe-pointing a token that was launched with a different fee wallet

The Launch page does all of this for you from a fresh wallet: it sets the treasury as fee wallet, writes the description line, and lets a dev buy ride in the same transaction.

4Naming the recipient

The X account that gets paid is read from the token's description. Put this line in it, with the handle you want paid:

Fees to @elonmusk via HoodPaid

Use it exactly, anywhere in the description. “Fees to” and “via HoodPaid” bracket the handle so only one reading is possible. If the line is missing we fall back to the first @handle in the description, and then to the X account the token is linked to. Both work, and neither is as reliable as the line.

The recipient does not need to agree, know in advance, or hold a wallet. A token can be launched for someone, and the first they hear of it is the money arriving and a public post saying where it came from.

5The 90 / 7 / 3 split

To the recipient90%, paid in dollars through X Money
Buyback7%, spent buying $HOODMONEY on the open market and burning it
Ops3%, sent to the ops wallet to run the bridge
AppliedPer claim, at claim time. The recipient share is fixed in dollars at that moment (ETH × the ETH/USD price) and never recalculated
Fees we addNone. The 10% is the whole of it
The one exception$HOODMONEY itself has no recipient share: its own fees go 70% to the buyback and 30% to ops

6How claims work

Creator fees do not arrive continuously. On the bonding curve they accrue inside the curve until someone sweeps them into pons' fee escrow; after graduation they accrue in the Uniswap v4 hook and pons' own operator sweeps them. HoodPaid runs a keeper on a schedule: it sweeps every curve it can, measures exactly how much each sweep credited the escrow (that is the token's claim), then claims the whole escrow into the treasury.

Escrow credits made by pons' operator for graduated pools can't be told apart per token on chain, so they are shared across graduated tokens by 24-hour volume and marked prorata in the ledger. A failed sweep or claim creates no obligation and is retried; the fees stay accrued in the meantime.

Payout runs

Payouts go out on a clock. A creator's share builds in the ledger between runs; every 15 minutes a run starts, every balance over $5 is queued, and the queue is sent through X Money one payment at a time, a few seconds apart. Each payment gets its own receipt at www.hoodmoney.app/receipt/<id>, with X's transaction ID and a verification code, and X Money's own receipt PDF attached when it is on file. Balances under the floor keep building; nothing expires for a resolved recipient.

7Getting your fees

If a token has named your handle, the money is already yours. There is nothing to claim and no form to fill in. It is sent once the balance crosses a payout milestone and your X Money account can receive.

  1. 1
    A token names your handle
    Somebody launches a token and points its creator fees at your X account.
  2. 2
    Fees accrue and are claimed
    Trading generates creator fees. We claim them on chain on a schedule.
  3. 3
    90% is paid to you
    Sent through X Money from a pre-funded float, so it does not wait on an off-ramp.
  4. 4
    A public post confirms it
    @HoodMoneyPons posts the payout with X's receipt so you and your audience can see where the money came from.

You are not required to do anything, acknowledge anything, or agree to anything. Receiving a payment does not make you a customer of HoodPaid or a promoter of the token that named you.

8X Money setup

Payments settle into X Money, so the only requirement on your side is an X Money account that is open to receiving. That is configured on X, not here, and HoodPaid cannot open one for you or change its settings. X Money is available to U.S. X Premium members, which covers a large share of the handles a token is likely to name. Where a handle can already receive, a payout simply lands.

We check whether a handle can be paid before a send goes out. If it cannot yet, the money is held rather than lost. See section 9.

9Held balances

Any X account can be named, whether or not it has X Money. Where a handle cannot yet receive, the money is not lost and it is not sent anywhere else. It is held for them.

Who can be namedAny public X account
Held for7 days
If they open X MoneyPaid on the next run, nothing to claim
If they never doRecycled into the $HOODMONEY buyback, recorded separately from protocol-cut buybacks

10The public confirmation

Every payout is announced. @HoodMoneyPons posts the amount and the token it came from with X's own receipt, so the recipient and their audience can both see it. Most recipients were not asked before their handle was named, so the payment is usually the first they hear of it, and the post is what they and their audience can check it against.

11The treasury and the off-ramp

A token earns its fees in ETH on Robinhood Chain, an L2 no exchange lists. The recipient share is bridged out with Relay to Arbitrum, straight into a Kraken deposit address, sold for dollars at market, and withdrawn by ACH to the X Money checking account. Conversions run in batches rather than one per payout, and every step (bridge, deposit, swap, ACH, float) is on the public capital flow ledger.

Payouts do not wait on that pipeline. The recipient share settles in dollars through X Money from a pre-funded float, which holds what is owed to X users between a claim and its payout, and is kept ahead of what is owed.

12$HOODMONEY and the buyback

The protocol cut is spent buying $HOODMONEY on the open market, on the pons curve or Uniswap v4 after graduation, and burning it. Until $HOODMONEY is issued the cut accrues as pending buybacks. $HOODMONEY gates nothing: holding it does not change the split, who can launch, or who gets paid. See the $HOODMONEY page.

13Stopping payments

There is no opt-out on this site, deliberately. Who may pay you is a setting on your X Money account. A control on this site would only stop us; the X Money setting stops anyone. If you would also prefer your handle not to appear on this site, ask @HoodMoneyPons on X.

14If a token is not registering

Wrong fee walletThe creator fee recipient isn't the HoodPaid treasury. It can't be changed after launch, so check it against the Launch page before creating the coin.
Not an ETH pairOnly ETH-quoted pons launches register right now.
No handle in the descriptionNothing names a recipient and the token isn't linked to an X account. It registers, but the fees are held as protocol treasury.
Too recentThe registry reads the chain every 20 seconds. Paste the address on the Launch → Register tab to check it now.

15Glossary

Creator feesThe fees pons pays to a token's creator wallet in respect of trading in that token: the creator share of the 1% curve fee plus any creator tax set at launch.
Fee walletpons' field for the address that receives creator fees. Set at creation.
ClaimAn on-chain transaction in which HoodPaid collects accrued creator fees from pons' fee escrow.
Recipient share90% of a claim, fixed in dollars at claim time, payable to the named X account.
Buyback7% of a claim, spent on $HOODMONEY buybacks.
Ops3% of a claim, the cost of running the bridge.
Held balanceA recipient share recorded but not yet payable, because the handle cannot receive on X Money. Held 7 days.
MilestoneThe dollar mark a recipient's lifetime payouts have to cross before the next payout is sent.
FloatThe pre-funded X Money balance payouts are sent from, so a payment does not wait on an off-ramp.
TreasuryThe address every HoodPaid token's creator fees are directed to, and where the off-ramp starts.