Terms of use

What Revvy is

Revvy offers two Clanker launchpads, Clanker v4 and Clanker v5. They work differently. Unless a sentence says Clanker v5, this page describes Clanker v4. Clanker v5 has its own section, Clanker v5 tokens.

Revvy is a launchpad layer on Clanker. When you launch a token through Revvy on Clanker v4, it is a Clanker token on Base that trades against WETH, and every trade pays a fee. Of the fee rewards, 90% goes to a Revvy vault, a smart contract on Base, and 10% to Revvy. A Revvy keeper triggers each run that splits the vault’s share between the token’s mind, a treasury, holders and you.

A mind is an AI character that makes memes and short videos for the token and posts them to its own X account. It is paid for with credits, described below.

Revvy is non-custodial in the sense that matters most: it never holds your private keys, and each token’s fee share sits in that token’s own vault, not in a shared Revvy wallet. The exceptions are stated below: Revvy’s admin powers, the compute treasury that pays for minds, and amounts held for you when a payout can’t be sent.

Revvy is an independent project, not affiliated with Base or Clanker. By using the site you agree to these terms. If you don’t agree, don’t use it.

Who can use it

You must be old enough to enter a binding agreement where you live, and the law where you live must allow you to use Revvy. Don’t use Revvy if you are subject to sanctions or if using it would be illegal for you.

Revvy screens the wallets of people who launch and who add fuel against sanctions lists, and screens holder payout wallets before it sends them anything. If a check can’t be done, nothing is sent. An amount for a blocked wallet stays in the vault.

Your wallet and signing in

You sign in by connecting a wallet and signing a message (Sign-In With Ethereum). The signature proves you control the address; it does not move funds. Your wallet address is your account. A sign-in lasts 7 days.

You control your wallet and sign your own transactions. Revvy can’t recover lost keys or reverse a transaction. Keep your keys safe, and check every transaction your wallet asks you to sign.

Launching tokens

When you launch on Clanker v4, you choose the pool fee, how the vault’s share is split between the mind, a treasury, holders and you, and where the mind’s extra share goes when it has more credits than it needs (burn or you). All of it is fixed at launch: the vault has no function to change the fee or the split. The only things that can be updated are the wallet a recipient is paid to, and a mind’s own settings by its creator. A code update by Revvy’s admin could change that; see what Revvy’s admin can do, below.

Every Clanker v4 token launches with a supply of 100,000,000,000 and trades against WETH. Launching costs network gas, paid from your wallet in one transaction, together with any dev buy or starting credits you choose to add. There is no launch fee beyond gas.

Runs happen only when the keeper triggers them and only on fees from real trading. Small runs are skipped so gas doesn’t eat them. Revvy doesn’t promise any run, payout, price or return.

Fees

On Clanker v4, every trade pays the pool fee you set at launch, from 0.25% to 5%. The default is 1%. Clanker’s fee hook adds 20% of that fee on top, so the person trading pays 1.2% when the fee is 1%, and the extra goes to Clanker. The fee is collected as WETH. Of the fee rewards, 90% goes to your token’s vault and 10% to Revvy as the launchpad. That 10% is the only thing Revvy earns. Revvy takes nothing from the vault’s share and charges nothing else.

If Revvy changes what it charges, the change applies to future launches after it is published on the site, and these terms show a new date.

Minds and credits

A mind is paid for with credits: the mind’s share of the vault’s fees, starting credits you add at launch, and fuel that anyone can add with USDC. Credits are usage credits for that mind’s AI work and posting. They are not money, not a deposit and not an investment. They are non-refundable and cannot be withdrawn or transferred.

Credits are charged at what each call really costs, with no markup, including failed tries and safety checks. Revvy does not promise how many posts a mind can make or what they cost, and a mind may spend less or more than you expect. A mind spends at most its daily limit each UTC day.

The mind’s share and fuel are paid to a compute treasury that Revvy’s admin wallet controls in the MVP. Revvy converts it as needed to pay AI and X providers. When a mind holds about 30 days of credits from fees, its extra share goes to the fallback chosen at launch.

Revvy can stop all minds from spending at once, and can suspend or ban a mind. Credits of a banned mind are frozen.

Creators and holders

Creators are responsible for their token: its name, ticker, image, description and links, the fee and split they choose, its mind and anything they say about the token. Check the review screen before you sign. Revvy doesn’t review or endorse tokens, and may hide a token or a mind from the site if it breaks these terms.

Holders are responsible for their own decisions. Holder payouts depend on fees actually earned and on meeting the minimums below. They aren’t interest or a promise of returns.

You are responsible for your own taxes and for following the laws that apply to you.

Holder payouts

A Clanker v4 token can give a share of its fees to its holders. That share is kept as WETH in the vault. It is not sent when a trade happens: Revvy’s holder push key sends it to holders over time, and the vault limits how fast, to about an eighth of the held amount per six hours. A large amount can take days to reach everyone.

Revvy reads holder balances from the chain every 30 minutes, spreads each new amount over 48 readings (about a day) and shares it among eligible holders in proportion to their balance.

To be paid, a wallet must hold at least $10 of the token at the reading. Not paid: the token’s creator and earlier creators, the dev-buy wallet, the treasury address, the vault and the token, the pool manager and other protocol contracts, any other contract wallet except a Safe or a Coinbase Smart Wallet, and wallets that fail a sanctions check. Only the 20,000 largest eligible holders at each reading are counted.

A payout is at least $0.25. Below that the amount keeps adding up until it passes the minimum. A push is also skipped while the gas would cost more than 5% of it.

Revvy’s holder push key chooses who is paid and how much, within the vault’s limits. The contract does not check who holds the token. Each push cites a list published by Revvy, so you can recompute your share, but you are relying on Revvy to follow it.

Revvy’s admin can turn off the holders’ share for every token, once and for good. After that, new holder fees are used to buy the token and burn it, nothing more is sent to holders, and 90 days later anyone can move whatever is still held to the burn. An amount that has not reached you by then is burned, not returned to you or to the creator.

Holder payouts are not interest and not a promise of any return.

This section is about Clanker v4. On Clanker v5 Revvy sends nothing to holders: holders claim dividends from Clanker (see Clanker v5 tokens).

Held payouts

If a payout to a creator, treasury or mind address can’t be delivered because the receiving address refuses ETH, the vault holds it for that address and shows it on your earnings page, and the owner of the address can withdraw it from the vault.

A holder amount that is not paid yet waits: it may be under the minimum, behind the vault’s limit, held back by a sanctions check, or waiting for gas to fall. Amounts held because a wallet is sanctioned stay in the vault.

Prize draws

A creator can launch a token with a prize draw on Clanker v4, or on Clanker v5 with the ETH pair. The draw is paid from the vault’s share of the fee, through the prize pot line of the split. Nobody pays to enter: tickets come from holding the token, and the draw is not a sale of anything. Taking part is your choice, and you are responsible for checking that it is allowed where you live.

Each period, weekly or daily as the creator chose, Revvy’s committer key builds a list of tickets from the holder balances it read from the chain and publishes it. A wallet needs at least $10 of the token to get tickets. In Diamond hands, tickets grow the longer a wallet holds without selling: hold 3 days for 2x. Winners are then picked by Chainlink VRF from that published list, and the prize is sent to the winner’s wallet. A pot under $25 rolls into the next draw.

Revvy’s committer key builds the ticket list, so if that key were compromised it could be used to pick winners. Anyone can check each list against the commitment on chain, and the token page shows how, but Revvy does not promise that anyone has. Revvy can pause payouts. The prize pool contracts have not had a third-party audit or review.

The creator can stop new funding at any time. What is already in the pool is still drawn. A prize that is not settled within 30 days of its draw returns to the pot. If Revvy does not draw for 90 days, what is left in the pool goes to Revvy’s treasury.

Not entered: the token’s creator and earlier creators, the dev-buy wallet, the vault, the token, the pool manager and other protocol contracts, contract wallets other than a Safe or a Coinbase Smart Wallet, and wallets that fail a sanctions check. Exchange wallets are not excluded, so one can win. A prize sent to an exchange address is gone from the winner’s point of view unless the exchange credits it.

Odds shown on a token page are an estimate and move as others buy and sell. A prize draw is not interest, not a return and not a promise of any win.

Reward programs

A creator can fund one to three reward programs when launching on Clanker v4, or on Clanker v5 with the ETH pair. Each is a prize draw or a dividend with rules fixed at launch. Part of the vault’s share of the fee goes to a pool contract for that token. Nobody pays to take part: eligibility comes from holding the token. Taking part is your choice, and you are responsible for checking that it is allowed where you live.

Each cycle, daily or weekly, Revvy’s committer key builds the result from the holder balances it read from the chain and publishes it. For a dividend that is a list of what each wallet is owed, and you claim your share and pay the network gas. For a draw it is a ticket list, and Chainlink VRF picks winners from it. If that key were compromised or misused, a list could favour a wallet. Revvy’s checks confirm that a published list matches what was committed. They do not confirm that the balances behind it were right.

A new dividend list waits 12 hours before claims open. During that time Revvy can cancel it. Once the wait is over, a list cannot be cancelled or replaced. The only stop left is a pause, which stops every claim on that pool. No wallet can take more than a set share of a cycle’s pot, and a pot under $20 rolls into the next cycle.

A dividend with a per-wallet cap of a given percentage pays a cycle only if at least 100 divided by that percentage wallets qualify. With fewer, the pot rolls on, and a small token may never pay. Flat and square-root weighted programs also roll when more than 20,000 wallets qualify.

Programs that share a pot equally or by a flattened curve can be farmed by splitting a balance across many wallets. In a simulation, $500 split into 20 wallets took about 9% of a flat dividend cycle, against 0.5% in one wallet, and between 13% and 30% in the programs that favour small wallets. The holding floors limit this but do not remove it.

The creator can stop new funding at any time. What is already in the pool is still paid under the same rules. If a pool has had no claim, new list or roll for 90 days, and 365 days have passed since its last dividend list (a prize-only pool needs just the 90 days), anyone can end it, and what is not owed to a holder then goes to Revvy’s treasury. Amounts already owed to a holder and prizes already drawn are not sent to Revvy.

Revvy can pause payouts. The pool contracts have not had a third-party audit or review. Estimates on a token page move as others buy and sell, and a reward program is not interest, not a return and not a promise of any payment.

What Revvy’s admin can do

Revvy’s admin is a dedicated Revvy wallet, which is meant to move to a multisig as Revvy grows. Here is what it can do:

• Update the code of every vault at once, with no waiting period in the MVP.
• Pause keeper actions.
• Choose the compute treasury address that receives the minds’ share and fuel. In the MVP the admin wallet itself holds it.
• Stop all minds from spending, suspend or ban a mind, hide a post and delete it from X.
• Turn off the holders’ share for every token, once and for good, as described under holder payouts.
• Give the holder push role to a key, including its own. That key picks who is paid the holders’ share.

A code update could change how vaults behave, including where held funds go, so a compromised or misused admin key is a real risk, as is the compute treasury being held by one key. Both are covered in the risk disclosure. The vault has no function to change a token’s fee or split, but a code update could add one.

Clanker v4 and the pool

Tokens launch on Clanker v4 on Base and trade on a Uniswap v4 pool against WETH. Clanker’s contracts, not Revvy’s, run the pool, the fee hook and the fee locker. Clanker’s owner, a 2-of-3 multisig, can stop new launches and switch off the hook, the locker or the anti-sniping module for new launches. In our tests we found nothing that lets it move an existing token’s fee recipients or liquidity, but that is our reading of the contracts, not a promise from Clanker.

Clanker v5 tokens

Clanker v5 is Clanker’s tax-token launchpad on Base. A Clanker v5 token has a supply of 1,000,000,000 and trades against the pair you pick at launch: ETH, USDC, or another asset that Revvy shows, such as a listed stock. It charges a buy tax and a sell tax that you set at launch, from 1% to 10%. The default is 2% on each side. The tax is part of the trade price: whoever trades pays it, in the pair asset.

Clanker takes part of each trade first, under the policy it had when your token launched. Today that is 10% of the tax and never less than 0.5% or more than 1% of the trade; at a 2% tax Clanker takes 0.5% of the trade. What is left of the tax is split as you set at launch: holder dividends, burn, Revvy and the vault. Revvy takes 10% of what is left after Clanker’s part, and that share is fixed. At the 2% default, per $100 traded, Clanker takes $0.50, Revvy $0.15, holder dividends $0.30 and the vault $1.05.

The vault’s part is split between the mind, a treasury and you, as you set at launch, and is paid in the pair asset. Where the mind’s extra share goes when it has more credits than it needs is burn or you, and the default is you. A burn buys your token from its own pool, so it pays that token’s tax. The vault is the token’s creator and its creator fee recipient. Like every Revvy vault, its code can be updated by Revvy’s admin (see what Revvy’s admin can do).

In the first seconds after launch the tax starts very high and falls to your rate. Today it starts at up to 99% and takes about 20 seconds to fall. The extra goes to Clanker, not to you or the vault. A dev buy in the launch transaction does not pay it.

Revvy does not send dividends. Holders claim them from Clanker’s dividend contract, for example on clanker.world, and only wallets that hold at least the minimum holding earn them. You set the minimum at launch, from 10,000 to 1,000,000 tokens, and it can’t change. The creator and the creator’s wallets, including the dev-buy wallet, earn dividends too when they hold at least the minimum. When no holder qualifies, that share goes to Clanker, and so does the dividend share of the first buy.

Clanker’s factory owner, or the creator admin it names (a single wallet today), can redirect a holder’s dividends, exclude holders and withdraw the dividends held, and Revvy can’t prevent or undo it. Revvy watches Clanker’s launch settings and keeps new Clanker v5 launches off when one moves past a limit Revvy’s vault enforces. That does not protect a token that already exists.

Some token scanners show a Clanker v5 token’s tax as 0%, because the tax is charged by the pool’s hook.

Content, X and AI

A mind’s posts are made by AI. They can be wrong, odd or offensive despite Revvy’s checks, and Revvy doesn’t promise otherwise. The creator is responsible for the mind they set up, including its personality and the images they upload. You may not upload images of real people or of characters you have no right to use.

A mind posts to an X account that its creator connects with X’s own sign-in. X’s rules and prices apply to that account, X can limit or suspend it, and an account run by software should carry X’s Automated label. Revvy keeps the connection in a separate service and revokes it when you disconnect. If X stops allowing it, minds keep their posts in their galleries.

Anyone with a connected wallet can report a post. When enough different wallets report it, the post is hidden. Revvy’s staff decide whether to delete it from X or suspend the mind, and a creator can appeal.

What you can’t do

• Break the law, or use Revvy if you are sanctioned.
• Manipulate markets, including wash trading to farm holder payouts, or use wallets you don’t declare to dodge exclusions.
• Launch a token that impersonates another token, person or project.
• Put illegal, hateful or deceptive content in token names, descriptions, images or a mind’s personality, or try to get a mind to do so.
• Attack, probe or overload the contracts, the API or the site, or work around rate limits.

No advice, no warranties

Nothing on Revvy is investment, legal or tax advice. Token values can go to zero.

Revvy is provided as is and as available. We don’t promise that the site, the keeper, the indexer or the contracts will always work, be free of bugs or be available. Revvy has not had a third-party audit. See the risk disclosure for what can go wrong.

Limits on our liability

You use Revvy at your own risk. To the extent the law allows, Revvy and the people behind it aren’t liable for losses from using it, including lost fees, lost tokens, price moves, bugs, downtime, third-party failures (Clanker, Base, wallets) or someone else’s misuse of your keys.

Nothing in these terms limits liability that the law doesn’t allow to be limited.

Changes, support and ending use

We may update these terms. The date at the top shows the latest version, and using Revvy after a change means you accept it. If a change matters, we’ll say so on the site.

We may suspend or restrict access to the site, for example to stop abuse, comply with the law or respond to an incident. We may hide a token from the site. We can’t stop anyone using the on-chain contracts, and you can stop using Revvy at any time. Anything held for you in a vault can still be withdrawn unless sanctions rules stop it.

For a held payout, start on your earnings page: it shows what is held and why. Incidents and service problems are posted on the status page.