This is THE LADDER v1 — still live, still immutable

v1 is not switched off and never will be: the contracts have no owner and no pause. It is kept here so anyone who wants to keep playing it can. The current game is v2theladder.fun. Note v1 only awards a rung if your buy goes through its own router; v2 credits whoever sent the transaction.

The Ladder · Registry of the Price Axis

How it works

A token whose price chart is 92 ownable rungs. Every claim on this page has a way to check it yourself in the right-hand column — you should not have to take any of it on trust.

What it is

Fees pile up inside a rung. Taking the rung takes them.

A fixed-supply token launches with zero ETH of liquidity. Instead of a trading pair someone funded, the entire supply is placed into a Uniswap v4 pool as 92 stacked price bands — rungs — each about 10.5% tall, together spanning roughly 10,000× from the bottom of the ladder to the top.

While the price sits inside a rung, that rung collects the 2% fee on every trade. Those fees pile up. Whoever makes the buy that carries the price up through the rung’s top takes the rung — and takes the pile with it. That transfer is the game: it is a prize you seize, not a yield you accrue.

The app cashes that pile out to you in the same transaction as the buy, so you do not have to race anyone for what you just won. If you trade through a raw router or an aggregator instead, the pile stays on the rung and the next person through the top takes it. Nothing is allocated and nobody is appointed; buying is the only way to move on the map.

Winning a rung does not cost a fixed amount. It costs whatever is left of the current rung, so the cost falls continuously as the price climbs toward the top edge. A small buyer can take any rung on the ladder by timing rather than by out-spending — you need to be the one who pushes it over, not the one who funds the whole climb.

See it liveThe big number in the app is this cost, and it ticks down as the bar fills.

The pool charges a 2% fee on every trade, in both directions. That fee is what funds every role below. It is a constant and cannot be raised by anyone, including the creator.

Check on-chaincast call <hook> 'LP_FEE()(uint24)' → 20000, i.e. 2%
The four roles

Who gets paid, when, and how much

There are four ways to be on the receiving end of that 2%. You can hold more than one at once.

Rung owner

Own a rung

63.75% of its fees

You become one by making the buy that carries the price up through a rung's top — you conquer a rung by traversing it. Your immediate prize is the pile of fees that rung accrued while the price was passing through it, which transfers to you on capture. That is the number the app shows as “fees you’d keep”, and you keep 63.75% of it after the 15% pot tax and the 25% creator fee.

You do not have to claim it yourself. Buying through this app realizes that pile in the same transaction, up to 8 rungs per buy, so it cannot be taken from you while you are getting round to it. Beyond 8 rungs, or if you trade through something else, you claim manually.

When it pays after that: a rung only earns while the price is inside it — and the moment you capture one, the price has just left it going up. So your rung earns nothing further until the price comes back down into it. At this band width the price crosses a rung roughly every 23 minutes, so it does move around; but treat the seized fees as the reward and anything later as a bonus, not the other way round.

The corollary is worth knowing: the rung the price is in right now is usually unowned, quietly accruing fees for whoever eventually captures it.

King

Hold the highest rung anyone has taken

44.6% of the pot stream

The king is whoever owns the highest rung that has ever been captured. It is the only role that earns while the price is above your rung rather than inside it — the one income that does not stop when the price runs away from you.

When it pays: continuously, while the price stays at or above that rung's top. The pot pays out at about 13.4% of its balance per day, and the king takes 44.6% of that flow. It ends the moment somebody captures a higher rung.

Staker

Buy any amount and stake it

29.7% + 74.3% of two streams

No minimum and no lockup — unstake whenever you like. Stakers earn from two separate streams: 29.7% of the same throne stream the king draws from, and a second, always-on stream worth about 3.5% of the pot per day, of which stakers take 74.3%.

When it pays: the second stream is the only genuinely unconditional income in the system — it does not care where the price is. This is the role with no entry cost beyond the tokens themselves.

Keeper

Poke the pot

1% of what you settle

Anyone at all can call settleDrip() and take 1% of whatever that call pays out. It exists so the pot never stalls waiting on someone else's attention. You need no position and no permission.

The pot that pays the king and the stakers is filled by the 15% tax on every claim. So the roles are circular by design: rung owners fund the pot, and the pot pays the king and the stakers.

Check on-chain CLAIM_TAX_BPS() → 1500 (15%)
STAKER_SHARE_BPS() → 4000
KEEPER_BPS() → 100 (1%)
Where the money goes

Every path a fee can take

DoorSplitCondition
A rung's trading fees, at claim 63.75% owner · 15% pot · 21.25% creator price is inside that rung
Throne stream, 13.4% of pot/day 44.6% king · 29.7% stakers · 24.8% creator · 1% keeper price at or above the throne rung
Citizen stream, 3.5% of pot/day 74.3% stakers · 24.8% creator · 1% keeper always

The creator takes a 25% rake on realized winnings only — claims and drips. It never touches principal, entry, exit or supply. It can be set to zero one-way and can never be raised, by anyone, including the creator. Across everything, it works out to roughly 0.5% of traded volume.

Check on-chaincast call <hook> 'rakeBps()(uint16)' → 2500. There is no setter that increases it.

The pot is not a reservoir. It pays out continuously and is refilled only by the 15% claim tax, so it drains at about 16.5% a day while the ladder is being climbed — a half-life of under four days. King and staker income depends on new captures continuing. The numbers are on the risks page.

The 2% is not felt equally. A buy that sweeps several rungs pays about 0.46% of its notional in fees; a small buy inside a single rung pays the full 2.00%.

Supply

All of it is in the pool

Total supply is fixed at 1,000,000,000 and nothing can mint more. All of it is seeded into the pool at genesis and has to be bought like anyone else’s. There is no team allocation, no pre-mine and no reserve. The creator holds zero tokens at launch.

Check on-chain curveSupply() on the hook
totalSupply() on the token
they are equal, and the creator address holds nothing
What it cannot do

The parts that are structural, not promises

The contracts are immutable once deployed. There is no owner, no admin, no upgrade path and no pause. That cuts both ways — it also means nothing here can ever be fixed, which is why the risks page is worth reading.

One privileged address does exist and should be named: creatorPayee. Its entire and only powers are to receive the rake, zero it permanently, or hand it to someone else via a two-step transfer. It cannot touch supply, liquidity, fees, rungs or the pot.

Read the sourceEvery claim here is falsifiable by reading LadderHook.sol. Verified source will be published on Etherscan at launch.

Contract addresses

The Ladder (ticker LDR) is deployed on Ethereum mainnet. All five contracts are verified on Etherscan. They are immutable: no owner, no admin, no upgrade path, no pause.

Token — Ladder (LDR)
0xD057A37F01Dc6E5a4AC9feF5D1ae173C75f8AF6E
Hook — LadderHook (deeds, throne, pot, staking)
0xC9C5887306BfF83C73bc63675A29f6Ae0117dAC0
Router — LadderRouter (buy here, or forfeit the rung)
0x5F0CB46Fe39C8B2112B92907FdA418C04f058513
Lens — LadderLens (read-only)
0x1011fD0FAe28f788bc87f85A5b854397b6DDfa66
Renderer — DeedRenderer (on-chain deed artwork)
0xdF7c0ab74ab2c7C8F4274748514Eb1349879d9c6
Uniswap v4 pool id
0xffd9a4bd1b8ebf1b37c2ba8c3362c04e8984ea0f7301bb6852bda85a31ce2bd1

Buy through this site. A swap that reaches the pool any other way — an aggregator, a raw router — cannot be attributed to you, so the rung it crosses is awarded to nobody and its fees stay unclaimed. On the first day, 12 of 13 crossings were forfeited this way.