Tokenomics and buyback-and-burn
The ALPHA token, its fixed supply, and how half of every protocol fee buys back and burns ALPHA.
On this page
The ALPHA token
ALPHA is the official platform token on Robinhood Chain, with a fixed supply of 1,000,000,000 tokens. It is not live yet. It will launch on ALPHA itself, with no presale and no tokens set aside for the team. Its trades will pay the 1% protocol fee: half buys back and burns ALPHA, and half goes to the protocol. Once it trades, the ALPHA price shown in the app comes from its curve until it graduates, then from its graduated Uniswap pool. The official contract will be shown only on the ALPHA page and on the ALPHA X account, @alphapadxyz.
ALPHA does not give ownership of the platform, governance rights, staking rewards, dividends or a claim on platform fees.
Buyback and burn
Every preset charges a 1% protocol fee. Half of it buys ALPHA on the market and burns it on chain, so those tokens are gone for good and nobody can ever move them. Burns happen automatically, and only finalized burns count in the public totals on the ALPHA page.
On EVM chains the protocol fee is collected by a fixed splitter contract. Its buyback half can only be released to the buyback-and-burn contract. The other half goes to the protocol: a capped part of it first refills the keeper wallet that pays the network fees for price updates, graduations, buybacks and payouts, and the rest goes to the protocol’s wallet. On Solana the program books each half to its own fixed account. Buybacks are not a dividend or a payment to ALPHA holders.
Fixed supply for every launched token
Every token launched on ALPHA has a fixed supply of 1,000,000,000. Exactly 800,000,000 are sold on the bonding curve and exactly 200,000,000 are kept for the graduation pool. There is no team, developer or creator allocation: a creator who wants tokens buys them on the curve like everyone else.
On EVM chains the token contract has no owner, admin, mint, pause, freeze, upgrade or transfer tax. Nobody can create more tokens.
What a fixed supply does not do
A fixed supply and locked liquidity do not guarantee a stable price, active trading or honest creator conduct. A small group of wallets can still hold a large share, and a token can still fall to zero.
