The whole thing in six short sections and a glossary.
Cheque runs on top of Pons V2 on Robinhood Chain. Anyone can launch a coin for any X handle. The person who launches gets the coin. The handle gets a chequebook, and every trade of that coin writes them a cheque.
The handle's owner does not need to be here for the cheques to pile up. They cash them later by signing in with X and showing the handle is theirs.
Every trade pays a 2.2% fee. 1% is the cheque, written to the handle's chequebook. 0.2% goes to Cheque. 1% is the base fee of Pons, the launchpad underneath.
The split is fixed at launch and written into the coin. Nobody can change it later, including us.
New coins trade on a bonding curve. When the curve completes, liquidity moves to Uniswap and the coin graduates. Cheques keep being written after graduation.
A cheque is written the moment a trade settles. It is uncashed while it sits on the curve, and cleared once it is swept into the chequebook on-chain. Sweeps happen automatically; there is nothing to do.
Sign in with X on your chequebook page or at /cash. Cheque checks the handle and releases the cleared balance to the wallet you connect. One press, one transaction.
Everything lives on Robinhood Chain, chain id 4663. Every number in this interface links to hoodscan on hover. The platform token is listed below.
