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How a hot potato works, from launch to snatch to burn.

Overview

hotpotato.fun is a launchpad for memeNFTs on Robinhood Chain. A hot potato is an NFT that anyone can snatch at any time. You pay the snatch price and it's yours, whether or not the holder wants to sell. The holder gets back more than they paid, and the snatch price steps up the potato's price curve, which is fixed when it's launched.

Disclaimer

Hot potatoes are memes, not investments. The price only climbs while people keep snatching. Whoever is left holding the potato when the snatching stops is left with a potato that only has meme value.

Anyone can launch a potato, and the contract runs the rest on chain. Every fee the ecosystem earns goes to the potato vault, where it buys back and burns $POTATO.

How it works

Launch a hot potato

Pick a name, upload your art and choose a price curve. Launching a potato costs 0.001 ETH.

Anyone can snatch it

Whoever pays the snatch price takes the potato, and the price steps up the curve.

Get snatched, get paid

When someone snatches your potato you get back more than you paid.

Fees burn $POTATO

There is a 2% fee on all snatching tx, 1% goes to the Potato's creator and the other 1% goes into the Potato vault where it's used to buy back and burn $POTATO.

The price curve

Every potato picks one of three curves at launch, locked for good. Each snatch steps the price up by the multiple for the price you paid, and every potato starts in the top row. The 2% fee comes out of each snatch and the holder gets the rest.

Price you paid

Classic

Degen

Slow

under 0.01 ETH

1.5×

2×

1.25×

0.01 to 0.1 ETH

1.25×

1.5×

1.20×

0.1 to 1 ETH

1.15×

1.25×

1.15×

1 ETH and up

1.10×

1.15×

1.10×

The vault

All fees from the hotpotato.fun ecosystem are directed to the potato vault.

1% of every snatch

0.001 ETH launch fees

5% OpenSea royalties

$POTATO trading fees

Potato vault

splits everything on arrival

80%

buys $POTATO and burns it

20%

to the team

Anyone can trigger the buyback and is rewarded with 0.25% of it for doing so.

Contracts

Two contracts, both verified on the Robinhood Chain explorer. Reviewed and tested, not audited.

Hot Potato v10xB443bc46F6D6f0Efbd4e466C5Bc7FD08A5247f64 · the potatoes and the game

Potato vault0x473538D93A5D72eCD83c052071684a9bf40179ac · the fees and the burn

$POTATO0x2891603B58f6a865FA84bEEc8E287F9791e2400E · the token the vault buys and burns, on Pons

We can open and close launches at any time. Once a potato is live, nobody can stop it being snatched, pause it or change its rules, not even us.

Questions

What if nobody snatches my potato?

Then you are left holding a potato.

Can I sell or transfer my potato?

Yes, like any NFT you can transfer it to another wallet or list it on OpenSea. The snatch price stays the same either way.

What does the Potato creator get?

1% of every snatch, for as long as the potato keeps moving, paid to whatever wallet they chose. The creator can change that wallet any time; they can't change anything else.

Do I need $POTATO to play?

No. $POTATO is the token the vault buys and burns with the fees. It trades on Pons and has no role in Hot Potato v1, but future potatoes might use it. Only trust the address on this page and on @hotpotato_fun.