The whole recipe
How it pops
Kernly is a token launchpad on Robinhood Chain, built on Uniswap v4. This is everything it does to a token, in order.
1
The toss
Anyone can launch a token. You give it a name and a ticker, optionally a picture, a description and a link, and press one button.
That single transaction creates the token with a fixed supply, opens its pool against ETH, and puts the pool's share of the supply under it. There is no launch fee. You pay gas and nothing else.
2
The heat
On most launchpads the first buy lands in the same block the pool was created, from whoever has the fastest bot. By the time a person sees the token, the cheapest part is gone.
A Kernly pool cannot be traded when it is born. It sits on the heat first: visible to everyone, tradable by no one. The contract refuses every swap, through every router, for the tosser as much as for anybody else.
3
The pop
When the heat ends the pool opens, and it opens for everyone at the same moment. Nobody was in early, because there was no early.
From then on the pool never closes again. There is no switch that could close it.
4
The pan
The pool's share of every supply is locked the moment the token is tossed. No contract in Kernly has a function that takes liquidity out, and the pool itself refuses any attempt to remove it.
The ETH that buyers pay stays in the pool, under the price. The only way it leaves is as the proceeds of somebody's sell.
5
The butter
Every trade pays a small fee, and it is always taken in ETH: out of what a buyer pays, out of what a seller receives. It is never taken in the token, so nothing is ever dumped back into the pool that paid it.
The rate is the same for every pool and every trade, and it cannot be changed.
6
The range
Every pool sells its kernels along the same stretch of prices. The price cannot be pushed outside it, so what you see is always a price the pool can actually trade at.
If you try to buy more than the pool has left, the site buys what is there and your remaining ETH comes straight back in the same transaction.
7
What nobody can change
The supply, the split, the fee, the heat, the range, and where the fee goes are constants in the contracts. There is no owner, no admin key, no pause and no upgrade.
The source is published and verified. Read it before you trust any of this.