How the octopus works.

Introduction

InkPad is a launchpad where you never connect a wallet. Each coin launches through an identity that exists only for that launch, and each coin gets an octopus that decides, on a schedule you choose, what happens to the creator fees.

There are three ideas, and the rest of these docs is detail:

• Ink. Your octopus inks a fresh launch identity. It is used once and is not your everyday wallet.
• Arms. Eight arms, each holding one fee strategy. You set the percentages.
• Appetite. A personality that caps how often it eats and how much it may spend per meal.

Amounts across InkPad are counted in KRL, short for krill. It’s what octopuses eat.

Quick start

1. Open Create and give the coin a name, a ticker and, if you like, an image.
2. Name your octopus. Pick a skin, an eye style and a personality.
3. Choose a fee engine. Either split fees across pools, or send everything to holders with native rewards. A programmable split has to total exactly 100%.
4. Press Launch token. Your octopus inks an identity, you confirm with a passkey, and the coin is minted.
5. Find it in Explore, where the feeding log shows every meal and burn.

Your draft is saved in your browser as you type, so closing the tab halfway through loses nothing. Images are the exception: they are previewed and never stored.

Isolated identity & public funding

A normal launch is signed by the creator’s wallet, which ties the coin to everything that wallet has ever done. An InkPad launch is signed by an isolated identity: a keypair inked for one coin, used for one launch, and then left behind.

How a launch is paid for

• InkPad pays the network costs. You don’t send funds to the launch identity, so no payment links it to you.
• Zero dev buy. The launch identity holds none of the coin at the start. Everyone buys on the same curve.
• Per-token treasury. Creator fees flow into a treasury that belongs to that coin alone. We call it the bowl.

What stays public

Separation hides the link to you. It does not hide the coin. The mint, every trade, every fee that lands in the bowl, and every meal and burn the octopus makes are visible to anyone, and they are listed on the coin’s page. That is the point of public funding: holders can check where fees went without trusting anyone’s word.

The passkey

Launching asks for a passkey confirmation from your device. It shows that the same person who filled in the form is the one launching it. It is not a wallet signature and it does not reveal a wallet.

Fee pools

Every trade pays a creator fee. Instead of piling up, fees are split the moment they arrive, according to the percentages you set at launch.

• Buyback + Burn. Fees buy the coin back off the curve. Whatever is bought gets burned at bedtime.
• Holder Rewards. Fees are shared out to holders, in proportion to what they hold.
• Liquidity. Fees deepen the pool, so bigger trades move the price less.
• Jackpot. Fees fill a pot. When it is full, one random holder takes all of it.

Rules for a split

• Pick at least one pool.
• Every pool you pick gets a whole number between 1% and 100%.
• The total is exactly 100%. Not 99, not 101.

Arms

The eight arms are a picture of the split. Each pool you pick holds at least one arm, and bigger shares hold more arms, and longer ones. A coin on native holder rewards skips the split entirely: all eight arms do one job.

Personality

Buybacks happen at meal times. Personality sets the schedule and the cap:

• Shy. 1 meal a day, at most 0.25 KRL per meal. One small meal a day. Leaves most of the bowl alone.
• Steady. 3 meals a day, at most 0.5 KRL per meal. Three square meals. Predictable, a little boring, never late.
• Greedy. 6 meals a day, at most 1.5 KRL per meal. Eats every chance it gets. Empties the bowl, then stares at it.

You can try each one on the Pools page, which runs a week at any fee level.

Security & limits

An octopus is deliberately boring with money. These limits apply to every coin:

• A cap on every meal. However full the bowl is, one meal spends at most the personality’s limit. One big day cannot be spent in one bite.
• A fixed number of meals. Meals happen at set times, not whenever someone asks.
• It waits. If the bowl is too low for a proper meal, the octopus skips it. It never borrows against fees that have not arrived.
• It only spends from its own bowl. One coin’s treasury is never used for another coin.
• Burns are final. What is bought back in a day is burned at bedtime and cannot be brought back.