one transaction. you sign once. the factory creates the token account, mints 1,000,000,000 tokens, opens a Rhea DCL pool at the market cap you picked, and puts the entire supply into that pool as one single-sided range. there is no bonding curve and no graduation: the token trades on Rhea from the next block.

the liquidity is locked by construction. the position is owned by the locker contract. the locker has two callable methods, add and claim, and the only thing claim does is ask Rhea for fees with the liquidity amount hardcoded to zero. no withdraw, no transfer, no owner. the locker's account has no access keys, so its code can never change.

fees. every trade pays two things: the 1% pool fee to the position, and a 7% trade tax built into the token (buys: taken from what you receive; sells: taken from your balance on top, so the pool always gets exactly what it was told). the tax is paid out in tokens at the moment of the trade, 70% to the creator's wallet and 30% to the platform, nothing to claim. anyone can press collect: the creator's share (70%) of the NEAR side is sent to the creator's wallet in the same chain, the rest goes to the platform. fees paid in the token itself wait for the creator on the token page.

the token contract is the same for every launch. it is a plain NEP-141 token published once as a global contract; each launch points its account at that code by hash. no mint after launch, no pause, no blacklist. the trade tax and its recipients are fixed at launch and can never be changed. an optional wallet cap can be set for the first minutes after launch and expires on its own.

dev buy. on the NEAR pair the creator can buy up to 4% of supply in the launch itself, before anyone else. it is a second signature right after launch. anything above the cap is refunded.

costs. a launch pays only storage: the token account, the pool, and the locker's position on Rhea. it is quoted live on the launch page and any extra is refunded.