Every coin starts on the loom.
Heddle weaves a coin onto a bonding curve. At 3 ETH raised it is doffed into its own Uniswap v4 pool — and the pool’s NFT is sent to 0x…dEaD, so nobody can pull it.
- opening cap
- 0.00 ETH
- sold on the loom
- 0M · 75%
- doff line
- 0 ETH
- starch washes out
- 0 s
- pool NFT held by
- 0x…dEaD
Bolts
A price that only moves when someone trades.
The loom is a constant product, x · y = k, on a virtual 1.5 ETH and 1.125 billion coins. The first coin is priced at a 1.33 ETH market cap. Each buy pulls coins off the warp and pushes the price up; each sell puts them back. 750 million coins can leave the loom before the line.
Starch washes out of new cloth.
New cloth is stiff with starch. For the first 30 seconds after a coin is woven, part of every buy’s coins is burned — 80% at the first second, falling evenly to nothing. Drag the second and see the same buy.
The starch is burned, not paid to anyone — so a sniper, the coin’s own weaver included, buys less and nobody gains.
The doff.
When 3 ETH has been paid in, the buy that reaches the line takes only what it needs — the rest comes back — and in the same transaction the coin leaves the loom. Its Uniswap v4 pool opens at exactly the loom’s last price, 3 ETH and 250 million coins are seated across the full range, and the position’s NFT is minted to 0x…dEaD.
No price jump at the doff, no keeper to call, nobody holding the pool.
Who earns what, in plain numbers.
One operator.
Heddle is not an independent team. It is one of several experimental launchpads built and run by the same solo operator, each trying a different mechanism. The house wallet that weaves $HDDL is the same one that takes the mill’s 18%. Judge every coin by its contract, not by the name over the door. The full disclosure is on the draft.