Fair Launch Mechanics for Zora Content Coins
Zora Content Coins currently enable instant trading upon creation, but this exposes launches to snipers and front-running. This post outlines a hook-based extension to introduce fairness and sustainability without modifying core protocol logic.30-Minute Maturity Period
Core Idea: Delay full price discovery for 30 minutes post-launch.- Pool all initial buys during this window.
- Compute a weighted average price based on total capital committed.
- Execute a single batch swap on the bonding curve at maturity end.
- Distribute tokens proportionally—rewarding commitment over speed.
“Rewards capital commitment over sniper speed.”
Implementation via Hook Extensions
No fork required—leverage Uniswap V4’sContentCoinHook:1. Maturity Phase
- Use afterSwap to intercept buys.
- Enforce flat issuance via custom delta (fixed token/ETH ratio).
- Track contributions in hook state.
2. Post-Maturity Migration - Batch-execute pooled liquidity. - Migrate to standard V4 tick positions for normal trading.
ExtendContentCoinHook, deploy custom version, register viapostDeployHook.
Anti-Dump: Inverted Bonding Curve Vesting
Prevent immediate sell pressure:- Hook tracks presale contributions per address.
- Tokens vest via inverted bonding curve (linear unlock over 2–4 hours).
balanceOf()computed on-the-fly—no transferable tokens until vested.
solidity
function computeVestedBalance(...) external view returns (uint256) {
uint256 elapsed = block.timestamp - maturityEnd;
return total * elapsed / vestingDuration; // Linear unlock
}Deployment & Integration
- Use
factory.postDeployHookto initialize timers and state. - Register custom hook in
HookRegistryfor discovery and future migrations. - Fully compatible with existing Content Coin flows.
Alternative Paths (Deeper Changes)
While hooks enable per-coin customization, global defaults would require:- Upgrading the canonical
ContentCoinHook. - Factory-level defaults for maturity/vesting.
- Governance or admin-set parameters.
“You could do it a lot easier without hooks but would require deeper changes to Zora.”
Conclusion
This design delivers sniper-resistant, capital-weighted launches and dump-protected liquidity using only Uniswap V4’s extensibility layer. It preserves Zora’s instant-on ethos while adding institutional-grade fairness—ready for testing on Base Sepolia.By Paul Gauvreau•
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hooks
fair-launch