On-chain spot exchange Rialto has launched Varo, a token issuance platform on Robinhood Chain built on a contract architecture based on Uniswap V3. The setup removes bonding curves and graduation fees, allowing newly issued tokens to trade immediately through Uniswap liquidity pools at launch. Rialto said Varo has already integrated with Uniswap, GMGN, LI.FI, BasedBot, and Definitive.
Each token issued on Varo has a fixed supply of 100 million at launch, while the initial market cap is set by the platform. Rialto gave examples of 60,000 USDG or 30 WETH. The platform also said there are no team or developer allocations, and liquidity positions are permanently locked in the contract. Trading fees are set at 1%, with 30% of that going to Rialto.
The team added that Varo uses a one-code-per-token mechanism to avoid confusion between tokens with the same name. It also said the higher initial market cap design is intended to reduce the economic incentive for sniper bots to accumulate tokens at a low cost.
On-chain spot exchange Rialto has launched Varo, a token issuance platform for Robinhood Chain built on a contract architecture based on Uniswap V3. The platform does not use bonding curves or graduation fees, and tokens can begin trading immediately through Uniswap liquidity pools once they are issued.
Rialto said Varo has integrated with Uniswap, GMGN, LI.FI, BasedBot, and Definitive.
For issuance, each token launched on Varo has a fixed supply of 100 million. The initial market cap is set by Varo, with examples given as 60,000 USDG or 30 WETH. The platform said there are no allocations reserved for teams or developers, and liquidity positions are permanently locked in the contract.
Varo charges a 1% trading fee, and 30% of that goes to Rialto.
The project team also said Varo uses a one-code-per-token mechanism to prevent confusion between tokens with the same name. It said the relatively higher starting market cap is designed to reduce the economic incentive for sniper bots to build token positions at low cost.
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