Buy
Your weighted-average cost basis is recorded when you trade through PHBT.
An exit tax for the impatient
A Robinhood Chain launchpad built to reward conviction. Sell below your tracked cost basis and the contract routes 50% of the proceeds to the protocol treasury.
The mechanism
Your weighted-average cost basis is recorded when you trade through PHBT.
There is no holding fee and profitable exits are untaxed.
Below cost basis, 50% of ETH proceeds moves to the treasury.
The tax applies only to trades routed through this program. External DEX trades are not currently tracked or taxed.
Tax calculator
Estimate a loss-making exit. Excludes price impact, slippage, route fees, and priority fees.
Live protocol
Tokens with Paper Hand Tax protection · Robinhood Chain
Reading protocol…
On-chain tax collection and buyback totals
Loading treasury…

Markets test conviction.
We simply made the test explicit.
Risk disclosure
PHBT is experimental software and launched tokens may be highly volatile. Smart contracts can contain vulnerabilities. Verify the program, authorities, liquidity and tax configuration independently. Nothing here is financial advice.
0x4800006141a3a35aEb084aaB894CE1227FE10231