Opening launches on Ripples
Opening launches on Ripples
Ripples launched twice on Robinhood. $RIPPLES is the protocol token: trading fees on Robinhood buy it on a schedule and send what they buy to a burn address. On Solana that slice, 0.24% of every trade, collects in the program's vault and is not converted there. $KOI is the genesis combined launch, a collection whose mints built the token market beside it.
Both addresses are published on this page and in the address list on /docs, and nowhere else, so an address you were sent that is not on one of those two lists did not come from Ripples. Anyone can launch on Solana or Robinhood today, whether or not these two have been made.
Status
Both launches are made. Their addresses are below.
These two add nothing to what anyone else's launch costs. A launch pays the current launch fee on the chain it is made on, the same before these two as after them. The app shows that fee and everything else the transaction will cost before your wallet asks you to approve anything.
A launch made now works the same way as either of these two. Ripples creates what the launch needs on the chain you picked, and your wallet pays the cost.