Nectar

One transaction

Hive a comb

Describe the swarm, connect a wallet on Robinhood Chain, and the page does the rest. Four things happen in one transaction.

  1. 1
    Mines the salt
    A hook's address carries its permissions in its last 14 bits, so your browser tries salts until the comb's address ends in 0x20CC. A few thousand hashes, under a second.
  2. 2
    Builds the comb
    One billion, minted once to the apiary. The comb is an ERC20 and the hook of its own pool; its owner is the zero address from the first block.
  3. 3
    Opens the pool
    ETH against the comb, no LP fee, tick spacing 1, at a 1.79 ETH market cap. The same opening for every comb.
  4. 4
    Hangs the frame
    The whole supply goes in as one Uniswap v4 position from the opening tick down to the floor. Its NFT is minted to the Nectar vault wallet.

The swarm

Fixed for every comb: 1,000,000,000 supply, all of it in one Uniswap v4 frame from a 1.79 ETH market cap down; a flat 0.5% honey in ETH on every trade, 80% of it to you; the frame’s NFT is minted to the Nectar vault wallet. Hiving costs gas only.