LDR

/ETH

The Ladder is a fixed-supply ERC-20 token on Ethereum whose Uniswap v4 liquidity is divided into 92 discrete price bands, each approximately 10.52% tall, together spanning roughly 9,893x from the lowest band to the highest. Each band is represented by an ERC-721 deed. The deed for a band is awarded to the address whose purchase carries the pool price up through that band's upper boundary, provided the swap is routed through the project's router contract, which passes the buyer's address to the pool hook. While the pool price sits inside a band, that band accrues the pool's 2% swap fee. When a deed holder claims those accrued fees, 63.75% is paid to the holder, 15% is added to a shared pot, and 21.25% is paid to the deployer address. The holder of the highest band ever captured is designated the throne holder and receives a continuous share of the pot while the price remains at or above that band's upper boundary. Token holders may also stake LDR for a pro-rata share of the pot, with no lockup or minimum. Any address may call a public settlement function and receive 1% of the amount it settles.