What a launch does
One transaction deploys a fresh ERC-20 contract. At construction it records the backing asset, your wallet as creator and the creator tax you chose, then mints the entire supply to you. That is the whole operation — there is no second step and nothing is held back.
Read this twice
A PLINTH token references an asset. It is not a claim on it: no custody, no redemption, no ownership of the underlying.
The backing asset is provenance — a public record of what the token was stood on. Nobody custodies the asset, nobody can redeem it, and the token pays no dividend. If you want exposure to a stock, buy the stock.
Supply
Every token is 1,000,000,000 units with 18 decimals, minted once, to the creator. The contract has no mint function after construction, so the supply can never grow — not by the creator, not by PLINTH. Every token gets the same supply, so none is privileged.
The network
Everything settles on Robinhood Chain, chain id 4663, an Ethereum layer 2 whose gas token is ETH. Your wallet is asked to switch to it before anything is signed.
RPC https://rpc.mainnet.chain.robinhood.com
Explorer robinhoodchain.blockscout.com
Backing assets
A token declares one backing asset from either side of the universe:
- Robinhood Stock Tokens. The tokenized US stocks and ETFs deployed on Robinhood Chain as ERC-20s.
- Global markets. Stocks, indices, ETFs, commodities and currency pairs across 48 countries — Samsung and SK hynix in Korea, Toyota and Sony in Japan, Petrobras and Vale in Brazil, Reliance and Infosys in India, plus gold, silver, oil and gas.
Prices shown next to an asset are a reference snapshot to help you choose. They are not a live feed and they do not price your token.
What it costs
0.0005 ETH per launch, plus gas, paid once. You also pick a creator tax from 0% to 10%, capped on-chain. It is recorded on the token for future use; PLINTH has no trading of its own, so nothing is being collected today.
Trading
There is none on PLINTH. No order book, no bonding curve, no liquidity pool. What you get is a standard ERC-20, so a pool can be created anywhere ERC-20s trade — that is a decision for you, not something PLINTH does on your behalf.
Risk
Launching costs real ETH and cannot be undone: a deployed contract is permanent and its supply cannot be changed. Anyone can launch a token stood on any asset, so a token naming a company has no connection to that company. None of this is investment advice.