Fair launches, explainedFair launches, explained

A launch is a single transaction. The creator names the token and pays the launch fee; the launchpad deploys the token, creates its pool, adds the entire supply as liquidity and locks the position, all at once. Nobody can buy before the pool exists, and nobody holds tokens that did not come out of the pool.

1. 1

   Launch fee. 0.001 ETH goes to the treasury. The contract enforces it.

2. 2

   Token deployed. A fixed supply of 1,000,000,000 tokens. No mint function and no owner.

3. 3

   Pool created. A Uniswap V3 pool against WETH at the 1% fee tier, starting at a market cap of about 1 ETH.

4. 4

   Liquidity locked. The whole supply goes in single-sided, and the LP position moves to a locker that can only collect fees.

5. 5

   First buy (optional). Runs inside the same transaction, so the creator is always the first buyer and nobody can front-run it. It can take up to 5% of the supply.

For the first 60 seconds after a launch, a single transaction can buy at most 10,000,000 tokens (1% of the supply). That slows bots down; it does not stop someone who sends many transactions.

Every safety claim is enforced by the contracts and can be checked on-chain. Nothing here depends on trusting the team.

mint()      not in the token
withdraw()  not in the locker
setOwner()  no owner to set

Every buy and sell goes through the launchpad router, which swaps on the token's Uniswap V3 pool and emits one Trade event. That is how the trade feed can show a trade, with its thesis, the moment GIWA preconfirms it: Flashblocks preconfirm transactions in about 200ms.

Pool fee

1% of each swap, the Uniswap V3 1% tier. It accrues to the locked position.

Fee split

The locker collects the fees and splits them 50/50 between the creator and the protocol.

Slippage

You set a minimum amount out. If the price moves past it before your trade lands, the trade reverts.

Thesis

An optional note of up to 280 bytes, saved on-chain with the trade. A Korean letter takes 3.

Rises and buys and falls and sells each have one colour: red and blue in Korean, as Korean exchanges show them, and green and red in English, as most exchanges do. A token chart's menu switches between those two and blue up, red down. Neither colour is used for anything else.

1. 1

   Connect a wallet. Any browser wallet on GIWA Sepolia. Test ETH comes from the faucet.

2. 2

   Describe the token. Name, ticker, image and description, plus an optional banner and links.

3. 3

   Choose a first buy. Optional. It runs inside the launch transaction.

4. 4

   Launch. Pay the launch fee. The token is live and tradable as soon as the transaction lands.

Creators earn a share of the pool fee from their token's locked position. If your wallet holds a Dojang Verified Address (Upbit's on-chain KYC), your tokens show a verified badge. Verification is optional: it earns the badge and never gates launching or trading.

The launchpad runs on GIWA Sepolia, the GIWA testnet. Mainnet has no date yet.

Network

GIWA Sepolia (testnet)

Chain ID

91342

RPC

https://sepolia-rpc.giwa.io

Flashblocks RPC

https://sepolia-rpc-flashblocks.giwa.io

Explorer

sepolia-explorer.giwa.io

Bridge

sepolia-bridge.giwa.io

Faucet

faucet.giwa.io

The launchpad contracts are live on GIWA Sepolia as testnet v0, with their source verified on the explorer. Admin changes go through the timelock and can only run a day after they are proposed. Audit reports will be listed here before mainnet. The last three are existing GIWA contracts that Genpad builds on.

Launchpad

0x021f…291d0x021facff391308f04461630df658109b274f291d

Router

0x4166…0a3a0x4166b3883abd7b1cb54b182da71f8926e2c80a3a

LP locker

0xd3f6…ed370xd3f676c863ae16a5626cf8e4c676059ab3abed37

Timelock (1-day delay)

0x1b65…efc50x1b65c1a3757d5da20375a722e6fa69eb2590efc5

WETH9

0x4200…00060x4200000000000000000000000000000000000006

Permit2

0x0000…8BA30x000000000022D473030F116dDEE9F6B43aC78BA3

DojangScroll (KYC)

0xd507…17B90xd5077b67dcb56caC8b270C7788FC3E6ee03F17B9

1. Testnet v0

   In progress

   Direct launches into locked Uniswap V3 pools, the router with theses, an indexer, and this app on live data.

2. Phase 2: bonding curve

   Planned

   A pump.fun-style curve that graduates atomically into the same locked pool. It runs on testnet first and must pass an external audit.

3. Mainnet

   After the audit

   GIWA mainnet has not announced a date yet.

• Tokens launched here are speculative, and most lose value. Only trade what you can afford to lose.
• Testnet tokens have no value. The contracts are not audited yet.
• Locked liquidity stops a rug pull; it does not stop a token's price from falling.
• Nothing here is financial advice.
• Genpad is an independent project. It is not affiliated with or endorsed by Upbit, Dunamu or the GIWA team.

The full Risk Disclosure, Terms of Use and Privacy Policy each have their own page.