01
Warp
You pick a name and a ticker. Those set the warp: the threads, their dyes and the weave. Launching is free apart from gas. Supply is 1B tokens and 800M of them go on the curve.
How it works
Warp, weft, cut.
02
Weft
Each buy adds rows of weft and pushes the price up the curve. Sells unpick them. Every trade pays a 1% fee and half of it goes to whoever launched the coin.
03
Cut
When 4 ETH is in the curve, the bolt is cut. The ETH and the remaining tokens go into a Uniswap v4 pool on Robinhood Chain and the LP is burned. From there it trades like any other token.
Questions
Can two coins have the same cloth?
Only if they have the same name and ticker. Change one letter and the cloth changes with it.
Who holds the ETH before the cut?
The loom contract. There is no team wallet in the path and nobody can pull it early.
Why Robinhood Chain?
Cheap gas, ETH as the base asset and a Uniswap v4 deployment for the cut. Chain ID 4663.
Is it live?
Not yet. The site is a preview and the coins on the loom floor are samples. The contract goes up next.