How the dolls fit together.
Three dolls, one rule each. This is the whole thing in plain words.
Three dolls
The coin is the inner doll: a fixed-supply token with no owner, no mint, no burn and no transfer tax. The pool is the middle doll: the coin's own Uniswap v4 pool against ETH, wearing a hook that charges the pad's buy and sell fee. The cradle is the outer doll: a contract that holds the pool's liquidity position and has no function to take it out.
What the creator decides
- Pool fee, from 0.5% to 3%.
- Buy fee, from 0.5% to 10%, and sell fee, from 1% to 5%, both taken from the ETH side of the swap. They can differ; that is how a HODL pad works.
- Keeper's share, from 10% to 30% of supply minted to the keeper at birth, and the opening market cap.
- Name, ticker, picture and links. The pad's colour is drawn from the coin's address.
All of it is locked when the pad is carved. A buyer can read it once and know it will not move.
What happens when a pad is carved
One transaction mints the supply, the keeper's share straight to the keeper, opens the coin's Uniswap v4 pool at the chosen market cap, and lays the rest of the supply as one position of coin-only liquidity from the opening price down to the floor. The position is minted straight into the cradle. The creator pays gas and nothing else; the ETH side of the pool comes from buyers.
Where fees go
All of them go to the pad's keeper: the pool fee earned by the locked liquidity, and the buy and sell fees the hook collects in ETH. Padoshka keeps nothing. Anyone can press collect on a pad; the money only ever goes to the keeper. The keeper can redirect the fee stream to another wallet.
What nobody can do
- Change a pad's fees after it is carved.
- Withdraw, move or shrink a pad's liquidity.
- Mint more of a coin, pause it or tax its transfers.
- Redirect a pad's fees, other than the keeper handing them over.
The Turnery has an owner with exactly one power: pausing new carvings. It cannot touch any coin, pool, position or fee. Nothing is upgradeable.
Worth knowing
A pad's pool starts with coins only. If the keeper sells the share back into a thin pool, the price falls toward the floor. Read a pad's keeper share before you buy. Coins are volatile and nothing here is financial advice.
Status
The contracts are written and tested. Nothing is deployed, and there is no $PADOSHKA address yet. When there is, it will be published here and on our own channels only. Every pad on this site today is a sample.