> For the complete documentation index, see [llms.txt](https://rooter-3.gitbook.io/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://rooter-3.gitbook.io/whitepaper/how-a-coin-is-born.md). # How a coin is born Every coin on Rooter is about a person. It is born in one transaction and it can never be unmade. ## Step by step 1. **You paste a handle.** X, YouTube, TikTok, Instagram, Snapchat, Twitch, Kick or Farcaster. Rooter looks up the stable account id behind that handle and keys the coin to the id, not the text. If the person renames later, the coin follows them. If you mistype, the coin belongs to whoever owns the handle exactly as you typed it. That is on you. 2. **You name it.** A name and a symbol. You choose the quote: ETH, or one of the Robinhood Stock Tokens on the allowed list. See [Root in their stock](/whitepaper/root-in-their-stock.md). 3. **Rooter opens the pool.** The coin has a fixed supply of 1,000,000,000. Rooter reads the quote's live USD price from its Chainlink feed and opens a Uniswap v4 pool where the whole supply is worth $10,000 in that quote. Every Rooter starts at the same valuation. If the price feed is stale or the chain's sequencer is down, the launch is refused rather than opened at a wrong price. 4. **The liquidity is locked.** The entire supply goes into one single-sided position, and that position is handed to a contract that has no withdraw function. Not the launcher, not the person, not the team can take it out. The pool that opens is the pool that trades forever. 5. **The fee hook is attached.** It is a Uniswap v4 hook, so it runs inside the swap itself. From the very first trade, 3% of the quote side is taken at the moment of the swap and split as described in [Who gets paid](/whitepaper/who-gets-paid.md). You pay gas and a small creation fee in ETH. You can buy in the same transaction, at the opening price, like anyone else. You get no allocation and no special price. ## What is not there No bonding curve, no graduation, no migration, no "phase two" for the pool. No presale. No team allocation of the coin. No mint function. The coin that exists after step five is the whole coin. ## More than one coin per person Two people can launch a coin for the same person, in the same quote or in different ones. Rooter allows it and groups every coin for an account on that account's page. A person who claims, claims all of them at once. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation by asking a question. Perform an HTTP GET request on the following URL with the `ask` and `goal` query parameters: ``` GET https://rooter-3.gitbook.io/whitepaper/how-a-coin-is-born.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is what the user is ultimately trying to achieve, the reason they need the answer. Sharing it helps GitBook give you a better, more relevant answer. A goal is most helpful when it describes the outcome the user wants rather than restating the question. For example, with `ask=how do I create an API token`, a goal like `automate deployments from our CI pipeline` lets GitBook tailor the answer to that use case. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.