Tokenomics
Supply, distribution, liquidity locks and the absence of emissions.
On this page
There is not much here, which is the point. Fixed supply, no emissions, no vesting cliffs, no staking contract, and a single pool. The interesting mechanism is the reserve, not the token schedule.
Supply
| Property | Value |
|---|---|
| Total supply | 1,000,000,000 BANK |
| Circulating at launch | 1,000,000,000 BANK |
| Decimals | 18 |
| Chain | Ethereum mainnet |
| Mint function | None. Supply is fixed at deployment. |
| Burn function | None. Supply cannot be reduced either. |
Fully circulating from block one. No team allocation unlocks later, which means there is no schedule of future sell pressure to model and no reason for anyone to publish a vesting chart.
Distribution
| Allocation | Share | Treatment |
|---|---|---|
| Liquidity | 90% | Paired with ETH in the primary pool and locked for 24 months. |
| Treasury | 10% | Held by the multisig for exchange listings, market-making inventory and audits. Not a team allocation. |
Emissions
None. There is no inflation, no staking rewards, and no liquidity mining programme. The only thing holders receive is HOOD share entitlements funded by trading fees, and those are not emissions of BANK — they are purchases of something else.
This matters for how you should think about the token. BANK does not pay you in itself, so its supply cannot be diluted to fund a yield. The distribution is either funded by real volume or it does not happen.
Liquidity locks
- Initial liquidity is locked for 24 months with no early-withdrawal path.
- Fee-funded liquidity additions are locked on the same terms as they are added, so the lock deepens over time rather than expiring in one cliff.
- LP tokens are held by the timelock, not by an individual, and the lock contract has no owner-only exit.
Fee exemptions
The transfer fee is fixed at zero and cannot be raised, so wallet-to-wallet movement is always free. Beyond that, the following addresses are exempt from the trade fee because charging them would either double-charge or break accounting:
- The router, vault, distributor and buffer.
- The liquidity module when adding fee-funded liquidity.
- The timelock, so that governance actions do not leak value into the reserve unpredictably.
No trading address is exempt. There is no allowlist that lets an insider trade without paying, and adding an exemption is a timelocked action with a public proposal.
Where value accrues
Be clear-eyed about this. BANK’s price is a function of demand for a memecoin. The reserve does not support the price, does not buy back BANK, and does not create a floor. What it does is transfer 3% of trading notional out of the speculative game and into an asset that keeps existing afterwards.
In other words: the token is the game and the reserve is the receipt. If you want exposure to Robinhood Markets, Inc. without the game, buy the stock. If you want the game, this is a version of it where the fees end up somewhere other than a deployer wallet.