Terms of Use

Greenwood Launchpad (“Greenwood”, “we”, “us”) is operated by [Entity name]. These Terms of Use (“Terms”) are an agreement between you and [Entity name] about your use of this website and its app (the “Interface”). By using the Interface you accept these Terms and our Privacy Policy. If you do not accept them, do not use the Interface.

An interface, not a party. Greenwood is a non-custodial interface to smart contracts on Robinhood Chain, a public blockchain. It helps you launch a token, browse the tokens launched through Greenwood’s contracts, and buy or sell them in their Uniswap v4 pools. The Interface only prepares transactions: you sign them in your own wallet, and the smart contracts carry them out. Greenwood is not a party to your transactions. When you trade, you trade with a pool’s smart contract, not with us.

The contracts run on their own. The smart contracts are deployed on a public blockchain and run as their code says, whether or not the Interface is online. They can also be used directly or through other software. These Terms cover your use of the Interface and of the contracts through it.

Network status. Greenwood currently runs on Robinhood Chain Testnet (chain id 5042002). Testnet tokens, including testnet ETH, have no monetary value, and the testnet can be reset or changed by its operator at any time. We may later move the Interface to Robinhood Chain mainnet; these Terms will then apply there too, and we may update them. Some tokens connected to Greenwood, including $WOOD, already exist on Robinhood Chain mainnet (see section 6).

You may use the Interface only if:

• you are at least 18 years old and old enough to enter into a binding contract where you live;
• you are not a restricted person under section 3; and
• your use of the Interface is lawful where you are.

If you use the Interface for a company or other organisation, you confirm that you are authorised to bind it, and “you” in these Terms includes it.

The Interface is not offered to, and may not be used by, anyone who is:

• located in, resident in, or incorporated or organised in [Restricted jurisdictions];
• located in, or ordinarily resident in, a country or region subject to comprehensive sanctions;
• named on a sanctions list, such as those kept by the United Nations, the European Union, the United Kingdom or the United States, or owned or controlled by someone who is; or
• otherwise barred by law from using it.

You must not use a VPN, proxy or any other means to get around these restrictions. We may block access from any location or wallet address, at any time and without notice, to comply with the law or these Terms. Blocking the Interface does not stop anyone from using the smart contracts directly, and you remain responsible for complying with the law however you use them.

Non-custodial. Greenwood never has access to your private keys, your seed phrase or the assets in your wallet. We cannot move, freeze, recover or return your assets, and we cannot reset or recover your wallet. Keep your keys and seed phrase safe. Greenwood never needs them, so never share them with anyone who asks, including someone who claims to be from Greenwood.

You sign everything. Every transaction is prepared by the Interface and signed by you in your own wallet. Check what your wallet shows before you sign: the contract, the amounts and any approval. Your wallet may currently show the app’s name as “scaffold-eth-2”, the toolkit Greenwood is built with, instead of Greenwood.

Transactions are final. Once a transaction is confirmed on the blockchain, nobody, Greenwood included, can cancel, reverse or refund it. A transaction can also fail, for example when the price moves past your slippage limit, and still cost network fees.

Network fees. Every transaction on Robinhood Chain pays a network (gas) fee in ETH, Robinhood Chain’s native gas token. The network sets this fee and it does not go to Greenwood. It comes on top of the trading fee described in section 5.

Approvals when you sell. Buying pays native ETH directly in the swap transaction and needs no approval. Selling a token goes through Uniswap’s Permit2 contract and the Uniswap Universal Router. The first time you sell a token, the Interface asks you to:

• approve Permit2 to spend an unlimited amount of that token; and
• grant the Universal Router, inside Permit2, the maximum allowance for that token, valid for 30 days.

These allowances let those contracts move that token out of your wallet; the Universal Router uses them when you submit a sell. They stay in place until you revoke them (and, for the Universal Router allowance, until it expires). You can revoke them at any time from your wallet or with a token-approval tool.

Slippage and estimates. Prices, quotes, market caps and other figures in the Interface are estimates read from the blockchain, and they can be delayed or wrong. You choose a maximum slippage of 1 %, 3 % or 5 % (3 % by default): a trade can execute at any price within that limit, and fails if the price moves further. Other transactions, including automated ones, can be processed before yours.

Wallet software. Your wallet (for example MetaMask, Coinbase Wallet, Ledger, Rainbow, Safe or a wallet connected through WalletConnect) is provided by a third party under its own terms. We are not responsible for it.

How a launch works

Anyone can launch a token through Greenwood. With the current Greenwood contracts, one transaction:

• deploys a new ERC-20 token with a fixed supply (1,000,000,000 tokens through the Interface), with no mint function, no transfer tax, and ownership renounced when it is created;
• opens a TOKEN / ETH Uniswap v4 pool that uses the Greenwood hook contract;
• puts the whole supply in that pool; and
• mints the pool’s liquidity position to the burn address 0x…dEaD, so that nobody can ever withdraw that liquidity.

You can add an optional first buy, paid in ETH, to the same transaction. The tokens it buys go to your wallet.

You are the creator

The person who launches a token (the “creator”) creates it; Greenwood provides the Interface and the contracts it uses. As a creator, you alone are responsible for your token and everything about it: its name, ticker, logo, description, website and social links, and anything you or others say to promote it. You must hold the rights to what you publish, and your token and its promotion must comply with the law, including any securities, consumer-protection, advertising and tax rules that apply to you.

The Greenwood team can launch tokens through the same public contracts, including with an optional first buy, and is then that token’s creator. Apart from $WOOD, the board does not currently show which tokens the team launched.

A token’s name, ticker, logo, description and links must not:

• infringe anyone’s trademark, copyright or other rights;
• impersonate a person, company, project or brand, or suggest a link with, or endorsement by, anyone who has not agreed to it (including Robinhood, Uniswap and Greenwood);
• make false or misleading claims, such as promised returns, fake partnerships or fake listings;
• be illegal, hateful, harassing, violent or sexually explicit, or exploit or endanger minors in any way; or
• contain other people’s personal data without their consent, malware, or links to phishing or scam sites.

On-chain data is permanent

A token’s name and ticker, and the metadata entered at launch (description, logo, links), are written to the blockchain by the launch transaction. Neither you nor Greenwood can edit or delete them afterwards. We may hide or stop displaying any token, image or text in the Interface at our discretion, but that does not remove it from the blockchain or stop other apps from showing it.

The 1 % fee and its 80 / 20 split

Every trade in a pool launched with the current Greenwood contracts pays a fixed fee of 1 %, charged by the Greenwood hook contract. Trades made through the Interface specify the amount you pay in, so a buy pays the fee in the token you receive and a sell pays it in the ETH you receive. The 1 % rate is a constant in the hook’s code, and nobody, Greenwood included, can change it.

Greenwood charges no other fee, and these pools’ Uniswap LP fee is zero. Separately, the Uniswap v4 contracts allow a protocol fee to be switched on for any pool, by a fee controller appointed by the owner of the Uniswap v4 deployment, not by Greenwood. Greenwood does not control that switch; if it is turned on, that fee is added to the 1 %.

Fees build up in the hook contract until someone calls its collectFees function, which anyone can do. Each payout splits that pool’s fees: 80 % to the token’s fees recipient and 20 % to the protocol. If an ETH payout cannot be delivered to an address, it stays in the hook contract until that address claims it. The hook contract has no owner: Greenwood cannot take or redirect these fees.

Fees recipient. The fees recipient is the address chosen at launch, which is the creator’s own wallet unless the creator enters another one. Only the current fees recipient can hand the role to another address. If that wallet is lost or compromised, Greenwood cannot recover its fees or change the recipient.

The protocol’s share. The protocol’s 20 % goes to a single address fixed in the hook contract when it was deployed, TREASURY, a wallet controlled by the Greenwood team (the “treasury”; on Robinhood Chain Testnet: 0xd77cfC4B62f5493B2b90D59f5E1c86e70938ec3f). Because a buy pays its fee in the token being bought, the treasury receives a share of the tokens bought in these pools, and the Greenwood team may sell them. We decide how the treasury’s funds are used. Holding $WOOD or any other token gives no right to any part of the fees.

Contract versions. We may deploy new versions of the contracts. A token keeps the rules of the contracts it was launched with. The docs describe the contracts in more detail.

Tokens launched on Greenwood are highly speculative. Only use money you can afford to lose entirely. The risks include, among others:

• Volatility and total loss. Prices can swing sharply and can fall to almost zero. Many meme tokens lose most or all of their value.
• No rights. A token gives you no ownership, dividend, vote or claim against anyone, Greenwood included.
• Concentration. Creators and early buyers, including through the launch-time first buy, can hold large amounts and sell them at any time. Fees recipients and the Greenwood treasury also receive tokens from every buy and can sell them at any time.
• Smart-contract risk. Greenwood’s contracts, the Uniswap v4 contracts, Permit2 and token contracts can contain bugs or vulnerabilities, or behave in ways you do not expect. Losses from an exploit may be impossible to reverse.
• Network risk. Robinhood Chain is a new blockchain. It can suffer outages, congestion, reorganisations, upgrades or rule changes decided by its operators, and its testnet can be reset. ETH is the network’s native gas token, not issued by Greenwood, and its value and availability depend on the network and the wider market.
• Interface risk. The Interface can be unavailable, slow or show wrong data, and the third-party services it relies on can fail.
• Legal and tax risk. Laws can change and restrict tokens, trading or the Interface. You are responsible for any taxes on your activity.

Burned liquidity, and what it does not mean

For tokens launched with the current Greenwood contracts, the pool’s liquidity position belongs to the burn address. Nobody, not the creator, not Greenwood, not anyone, can withdraw it. This removes one specific risk, the liquidity being pulled. It does not protect the price: holders can still sell, and the price can still fall to almost zero. Burned liquidity can also never be moved or recovered.

First-generation tokens are different

Tokens launched with Greenwood’s first-generation launchpad (six tokens, all on Robinhood Chain mainnet, including $WOOD) use different contracts and rules. Their liquidity was not burned. It was held in a locker contract whose owner, a wallet controlled by the Greenwood team (0xdc401d4756Ac205994E222494F49A7921543F56e), could withdraw it at any time with an emergency function, whatever lock date was shown at launch. The Greenwood team has used that function: the liquidity positions of all six first-generation pools, $WOOD’s included, are now owned by that wallet and hold no liquidity. This [included / did not include] tokens launched by creators outside the Greenwood team. Statements on this website about burned liquidity, including “nobody can pull it”, do not apply to first-generation tokens.

Greenwood is not a bank, broker, dealer, exchange, custodian, investment adviser or fiduciary. Nothing in the Interface, our docs or our channels is financial, investment, legal or tax advice, or an offer or solicitation to buy or sell anything. Do your own research, and consult a qualified adviser if you need one.

Tokens are launched by their creators, who may include the Greenwood team (see section 5), and appear in the Interface automatically once launched through Greenwood’s contracts. Listing, ranking, sorting or featuring a token, or showing figures about it, is not an endorsement and says nothing about its quality, safety or legality.

$WOOD. $WOOD is Greenwood’s own platform token. The Greenwood team launched it with the first-generation launchpad on Robinhood Chain mainnet, and it is pinned and labelled “Official” on the board to show that it comes from the team. That label is not a recommendation. $WOOD gives no ownership, dividend, fee share, governance, redemption or other right against [Entity name] or anyone else. As a first-generation token, its liquidity was never burned, and the Greenwood team has withdrawn it (see section 6). $WOOD is not ETH, the network’s native token, and it is not issued or endorsed by, or affiliated with, Robinhood Markets. [Entity name] and members of the Greenwood team may launch, hold, buy or sell $WOOD and other tokens shown in the Interface, and may receive their fees as fees recipient.

You must not use the Interface, or the contracts through it, to:

• break any law or regulation, including sanctions, anti-money-laundering and counter-terrorist-financing laws;
• manipulate markets, for example through pump-and-dump schemes, wash trading, spoofing, or coordinated buying or selling meant to mislead others;
• defraud or deceive anyone, for example about who is behind a token or what it is;
• launch or promote a token whose content breaks section 5, or infringe anyone’s rights;
• impersonate anyone, including Greenwood;
• attack or disrupt the Interface, its servers or any smart contract: exploiting bugs, overloading our services, automated access that degrades them, introducing malware, or bypassing security or access limits, including those of our server routes; or
• get around the restrictions in section 3.

If you find a vulnerability, please report it privately to [Contact email] instead of exploiting it.

Greenwood relies on services and software that we do not own or control, including:

• Robinhood Chain, the blockchain Greenwood runs on, and its public RPC endpoint. Robinhood Chain Testnet is run by its network operators under their own terms (opens in a new tab).
• The Uniswap v4 protocol (PoolManager, PositionManager, Universal Router and Permit2), which holds the pools and executes trades.
• Wallets and wallet connection: MetaMask, Coinbase Wallet, Ledger, Rainbow, Safe, and WalletConnect, run by Reown.
• Block explorers: the Robinhood Chain explorer, and Etherscan, which we use to verify the source code of launched tokens.
• Price charts from GeckoTerminal (Gecko Labs Pte. Ltd.), embedded on token pages.
• Ethereum mainnet RPC providers, including Alchemy, used to look up ENS names.
• Images and links chosen by token creators, which can be hosted anywhere.

Your use of these services is governed by their own terms and privacy policies. We do not guarantee them and are not responsible for their availability, content or security, or for what they do with your data. Our Privacy Policy lists the data each one receives.

Our brand. The Greenwood name and logo, and the design and content of this website (other than third-party and creator content), belong to [Entity name] or its licensors. You may use the Interface for its intended purpose. You may not copy our branding or present another site or token as Greenwood’s.

Open source. Greenwood’s smart contracts carry the MIT licence in their source files, and this website is built on Scaffold-ETH 2, which is also MIT-licensed. Code made available under an open-source licence is governed by that licence, which prevails over these Terms for that code.

Content you publish. By launching a token through the Interface, you allow us, free of charge and worldwide, to display, reproduce and adapt (for example resize) its name, ticker, logo, description and links in the Interface and in materials about Greenwood. You confirm that you have the rights needed to grant this.

Complaints. If you believe content shown in the Interface infringes your rights, write to [Contact email] with the details. We can hide content from the Interface, but we cannot remove it from the blockchain.

Other marks. Greenwood is an independent project, built on Robinhood Chain and using the Uniswap v4 protocol. It is not affiliated with, endorsed by or sponsored by Robinhood Markets, Inc. or its affiliates, by the operators of the Robinhood Chain network, or by Universal Navigation Inc. (Uniswap Labs). Robinhood is a trademark of Robinhood Markets, Inc. $WOOD is not ETH, the network’s native token, and it is not issued or endorsed by Robinhood Markets. Uniswap is a trademark of Universal Navigation Inc. (Uniswap Labs). Other names, tickers and logos belong to their respective owners and are used only to identify them; no affiliation is implied.

To the fullest extent the law allows, the Interface, the smart contracts and all content are provided “as is” and “as available”, without warranties of any kind, express or implied, including warranties of merchantability, fitness for a particular purpose, title, non-infringement, accuracy, availability and security.

We do not warrant that the Interface or the contracts will be error-free, uninterrupted or secure, that the data shown is accurate or current, or that any token will keep any value or liquidity.

Some jurisdictions do not allow certain warranties to be excluded. Where that is the case, these exclusions apply only as far as the law allows, and any consumer rights you have by law are not affected.

To the fullest extent the law allows, [Entity name] and its team members, contributors and service providers are not liable for any indirect, incidental, special, consequential or punitive damages, or for any loss of profits, revenue, tokens, digital assets, data or goodwill, arising from or related to:

• your use of, or inability to use, the Interface;
• any transaction, including one you signed by mistake or one that failed;
• bugs, exploits or failures of any smart contract, wallet, blockchain or third-party service;
• unauthorised access to your wallet or devices;
• the value, liquidity or behaviour of any token; or
• content published by token creators or other users.

Where liability cannot be excluded, our total liability to you for all claims together is limited to [Liability cap].

Nothing in these Terms limits liability that the law does not allow to be limited, such as liability for fraud, or for death or personal injury caused by negligence.

To the extent the law allows, you will indemnify and hold harmless [Entity name] and its team members against any claims, losses, liabilities and costs (including reasonable legal fees) arising from your use of the Interface, any token you launch or promote and its content, your breach of these Terms, or your violation of any law or of anyone’s rights.

We may change these Terms. The new version is posted on this page with a new “Last updated” date and applies from then on. We may also point out significant changes in the Interface or on our official channels. If you keep using the Interface after a change, you accept the new Terms.

We may change, suspend or discontinue all or part of the Interface, restrict or block anyone’s access, or hide any token or content, at any time and for any reason, including to comply with the law. The contracts live on a public blockchain and keep working without the Interface. We cannot stop them, and you can still use them by other means, at your own risk.

Sections that by their nature should continue to apply, including sections 5, 6, 7 and 10 to 15, survive the end of your use of the Interface.

These Terms, and any dispute arising from them or from your use of the Interface, are governed by the laws of [Governing law / jurisdiction], without regard to conflict-of-law rules.

Before starting any formal proceedings, please contact us at [Contact email] and give us a reasonable chance to resolve the issue informally. Any dispute that is not resolved this way falls under the exclusive jurisdiction of the courts of [Governing law / jurisdiction], unless the law where you live gives you the right to bring proceedings elsewhere.

If any part of these Terms is found unenforceable, the rest stays in force. Not enforcing a right does not waive it. These Terms and the Privacy Policy are the whole agreement between you and us about the Interface. You may not transfer your rights under these Terms; we may transfer ours, for example to a new operator of Greenwood. If these Terms are translated, the English version prevails.

• Operator: [Entity name]
• Email: [Contact email]
• X: @greenwoodpad (opens in a new tab)
• Telegram: t.me/greenwoodpad (opens in a new tab)

These are Greenwood’s only official channels. Be careful with any other account or site that claims to be Greenwood.