Glossary

Bonding curve. The price rule of a pump.fun or Pons coin: the price rises as people buy and falls as they sell, with no order book.

FDV. Fully diluted value: the price times the total supply.

PivotLauncher. The contract on Robinhood Chain that launches a coin on Pons for the keeper.

PivotVault. One per coin on Robinhood Chain. Receives the Pons creator fees and splits them between the creator's address and Pivot.

PivotFlapLauncher. The contract on BNB Chain that launches a coin on Flap for the keeper.

PivotFlapSplit. One per coin on BNB Chain. The beneficiary of the Flap tax: receives it in BNB and splits it between the creator's address and Pivot.

Flap. The launchpad on BNB Chain. Its coins here are Tax Token V3.

Tax token. A coin that takes a tax on every buy and sell and sends it to a beneficiary, here a Pivot contract.

Dev buy. The creator's own first buy of the coin, made in the launch transaction so nobody can buy before them. Optional, per chain, paid by the creator.

Float. The small balance of ETH and BNB the keeper holds on Robinhood Chain and BNB Chain to pay the fees of a launch, repaid in SOL by the deposits.

Graduation. The moment a curve is full and the coin moves to an open market.

Keeper. The service that watches for deposits and runs the launches. See the operator.

Pons. The launchpad on Robinhood Chain.

pump.fun. The launchpad on Solana.

Reference. The id of a launch request, written in the memo of the deposit transaction so the keeper can match it.