Ztonks is a launchpad you pay for in Zcash. A meme coin's bonding curve here is denominated in a tokenized meme stock — or a basket of them. Every buy puts stock into the curve. Every sell takes it back out. Send ZEC, get a live coin. No wallet to connect.
Read once / explain it wrong at parties forever
Backed
Paid in ZEC
Redeemable
2% to founders
Not a promise
01..................PickAMemeStock
02.....................NameTheCoin
03..........................SendZEC
04..................BuysStackStock
05................GraduateOrRedeem
No invented volume. No imaginary users. Just the fee schedule.
Creator fee on trades, paid to the founder
In ZEC, to the one address shown. Short or missing? It goes back to your refund address.
Basket units redeem for their component stocks
No. It is a launchpad. A meme coin can go to zero even when its curve holds stock, because the coin's price is set by the curve and the crowd, not by the backing alone.
The curve's quote asset is tokenized GME. When someone buys the coin, GME goes into the curve. When someone sells, GME comes out. The coin is a claim on what sits in the curve, at the curve's price.
An ERC-20 minted 1:1 against fixed proportions of two to six meme stocks from the roster. One unit is about $1 of components on the day it is created. Anyone holding basket units can redeem them 1:1 for the components.
Name the coin, choose the backing, send ZEC to the address shown. It launches by itself, usually within about 15 minutes of the payment confirming. No wallet to connect. If the payment is short or never arrives, the ZEC is returned to the refund address you gave.
The curve does. Buyers and sellers trade from their own wallets, on the market page, straight against the curve. Nobody here holds a trader's stock, coins or keys.
Depends on the backing. A coin backed by a single approved stock graduates from its curve into a Uniswap pool once the raise target is hit. A basket-backed coin keeps trading on its own curve for good — there, graduation means the raise target was hit and the founder's accrued 2% creator fee becomes claimable.
One ZEC payment launches the coin; the launch page shows the address and the amount before you send anything. After that, a 2% creator fee on trades goes to the founder. Traders pay gas on their own trades, because gas.
Yes. Obviously. Nothing here is insured or guaranteed, a raise is not a promise, and a sticker of a rocket is not a rocket.