How the PB-01 works.

1·Overview

Patchbay is a fee router on BNB Chain. Anyone can launch a token on Flap or genius.fun (or register an existing genius.fun token) and point its creator fee at a vault keyed to a creator's platform identity: a Douyin uid, a TikTok user_id, an X user id or a Farcaster FID.

Every trade drips fees into that vault. When a fee arrives, the vault splits it: 80 % to the creator escrow under the creator's key, 20 % to the protocol. The creator claims whenever they prove the account is theirs. Until then the money waits in a contract, with no expiry and no path to us.

What Patchbay is not

• Not a launchpad. Flap and genius.fun run the tokens.
• Not an exchange. We never convert anyone's balance; a creator can ask for USDT inside their own claim.
• Not a custodian of balances. No function in the escrow lets us move them.
• Not endorsed by any creator named here.

Read this first

2·Supported launchpads

A token reaches Patchbay in one of three modes. Launch creates the token with its fee already pointed at the vault. Register re-points the fee of a token that already exists. Walletless is a guide: you launch on the venue yourself and paste the vault as the beneficiary.

How each venue pays

Flap pushes the tax to the vault as it's collected. genius.fun holds it in its own fee escrow until the vault pulls it; a keeper pulls every few minutes. four.meme will push to the vault as the token's founder.

The launchpad's cut

• Flap: Flap keeps a tiered share of the tax (10 % at tax ≤ 3 %, 5 % around 5 %, 3 % at 9–10 %), then 6 % of the remainder goes to the protocol as commission (floor(60000/tax) bps when tax > 1 %).
• genius.fun: Fixed 2 % fee: 1 % to the destination (creator vault, or the Foundation if the token set toFoundation), 0.5 % platform, 0.25 % creator, 0.25 % buyback.
• four.meme: The whole tax goes to the vault as founder; four.meme charges its own 1 % trading fee on the curve, on top.

3·Supported platforms

A creator is named by platform and stable ID, never by handle. Handles change and get resold. The ID doesn't.

Why IDs, not handles

If @name is renamed or sold, the vault keeps following the account ID. The new owner of the old handle can't claim. Pages at /c/<platform>/<id> use the ID too.

Soon

YouTube, Bilibili and Kick are reserved in the registry and stay closed until their reading and proof paths pass testing.

4·Naming a creator

When you launch, the form resolves the handle to a stable ID from 2 independent sources and shows you the account before you sign. If the 2 sources don't agree, the token can't be launched: a vault with the wrong ID would hold money nobody can ever claim.

Signals we show

• POSSIBLE IMPERSONATION: the handle is 2 edits or fewer from a known creator (rn for m, 0 for o). The launch waits until you confirm the exact account.
• NEW ACCOUNT: the account is younger than 90 days.
• DEPLOYER GETS PAID: the wallet that launched the token is the creator's linked wallet. The deployer reward then joins the creator share and is never paid twice.
• NON-CANONICAL KEY: a vault created outside our launcher with an ID that doesn't pass validation.

What naming does not mean

Being named doesn't mean a creator agreed, knows, or endorses anything. Using a name to suggest otherwise breaks the terms.

5·The 80 / 20 split

Every fee that reaches a token's vault is split when it arrives: 80 % to the creator's escrow, 20 % to the protocol, which buys $PATCH and burns it. The split is fixed at launch and has no setter.

CREATOR

80 %

PROTOCOL

20 %

DEPLOYER REWARD

0 to 10 %, out of the 80 %

CHANGEABLE AFTER LAUNCH

NO

Per 100 BNB of volume

The 80 % is of what reaches the vault, after the launchpad's cut. On Flap at a 1 % tax the creator ends up with 67.7 % of the whole tax. On genius.fun the creator gets 1.000 of every 2.000 in fees (0.200 if the token sends its share to the Foundation).

Why no setter

A split that can be changed later is a promise, not a split. The vault is a minimal clone with the split written at creation and no function to rewrite it. Changing the protocol share would take a new factory, and vaults already created keep theirs.

6·Deployer reward

The wallet that launches a token can take 0 to 10 % of the vault, set once at launch. It comes out of the creator's 80 %, so at 5 % the split reads 75 / 20 / 5.

RANGE

0 to 10 % of the vault

SET

Once, at launch

COMES FROM

The creator's 80 %

IF THE DEPLOYER IS THE CREATOR

Added to the creator share

When it drops to 0

If we find a link between the deployer and the creator (the same wallet, funding from the deployer, a lookalike handle), new launches for that pair go out with a reward of 0 and the token shows DEPLOYER GETS PAID.

Why it exists

Someone pays the gas and does the launching. A small, public, capped reward beats a hidden dev fee.

7·How a creator claims

1. FIND YOUR PORT: pick the platform and type your handle.
2. CONNECT WALLET: connect the BNB Chain wallet that will sign. Not an exchange deposit address.
3. PROVE IT'S YOU: sign in (X, Farcaster) or paste a short code in your bio (Douyin, TikTok).
4. COLLECT: to this wallet, to your Binance in USDT, or as a daily auto-pay.

The public window

After the proof, a bind waits 48 hours in public before it's final. If the account already has a wallet linked or a large balance, it waits 7 days. Anyone can see it, and the current wallet or the guardian can cancel it.

After the first claim

Once linked, the keeper pays out daily to your wallet. You can also claim by hand at any time, or sign a claim and let the relayer pay the gas for a fee the contract caps at 1 %.

What it costs

The network fee for a claim on BNB Chain is about $0.01.

8·Bio-codes and sign-in

Where a platform has a sign-in we can check (X, Farcaster), you sign in. Where it doesn't (Douyin, TikTok), you paste a code in your bio.

The code

It looks like PTCH-7K2Q9M4P (PTCH- and 8 characters). It is made from your platform, your ID, the wallet that will sign and a nonce, and it expires in 48 hours. It says nothing about crypto or money. You can delete it as soon as the bind is proposed.

Two readers

The bio is read from 2 independent sources, never twice from the same one. If they disagree, nothing is signed and you try again in an hour.

Who signs

An attester checks the proof and signs a bind for your key and your wallet only. The escrow rejects any other signature.

9·Getting paid to Binance

You can send a claim to your Binance deposit address on BNB Smart Chain (BEP20). Until we have proven that Binance credits BNB arriving from a contract, this route pays in USDT: the claim swaps inside the same transaction, with a minimum you set.

NETWORK

BNB Smart Chain (BEP20)

ASSET

USDT for now

SWAP

PancakeSwap, inside your claim, with your minimum

YOUR LINKED WALLET

A wallet you control, never the exchange address

Why the exchange address can't be linked

The linked wallet signs claims, rebinds and opt-outs. A deposit address can't sign.

10·Unclaimed fees

Unclaimed fees never expire and never go to us. They wait in the escrow under the creator's key for as long as it takes.

There is no sweep, no deadline and no admin function that can take them. The only rule that ever moves an unclaimed balance is the creator's own opt-out (section 11).

What you see

Every creator and token page shows what is owed in BNB, and in USDT when the pair is USDT. Analytics publishes the claim rate.

11·Opting out

A creator who doesn't want any of this can opt out, in Chinese and without signing in if needed.

1. New tokens can't name you.
2. Tokens that name you are hidden here.
3. Your balance stays in the vault for 90 days and you can undo the opt-out until then.
4. The opt-out waits 72 hours in public before it takes effect, so nobody can do it to you by surprise.

Email only hides

An email request hides you on this site and blocks your handle in our launcher. It never moves funds.

What we can't stop

Anyone can still create a token with your name on Flap or genius.fun. We don't run those venues. We won't list it or pay it out.

12·$PATCH and the burn

20 % of every vault fee goes to the protocol. The protocol uses it to buy $PATCH on the market and burn it, weekly, in public transactions.

STATUS

Pre-launch, not deployed

FUNDED BY

20 % of what reaches each vault

NEVER FUNDED BY

Unclaimed fees or opt-outs

RIGHTS

None: no revenue, no governance, no discount

You don't need $PATCH to use Patchbay. Until its address appears on the $PATCH sheet, any $PATCH you see is not ours.

13·Who else can touch a fee

Patchbay's contracts have no admin over balances or splits. The venues and the DEX do have powers, and we list them for every token.

What we can't do

Move balances, change splits or upgrade the contracts. There are no proxies.

Liveness

For platforms without an on-chain proof, a bind needs our attesters. If they stop, linked creators keep claiming. Unlinked balances wait until an attester signs again.

14·If a token isn't registering

If your token doesn't show up, check these in order.

1. The venue. Flap tokens can't be registered after launch: only Flap's admin can re-point them. genius.fun tokens can, in one transaction from the wallet that launched them.
2. The address. Flap tokens end in …7777 and genius.fun tokens in …6666.
3. The wallet. Register has to come from the token's current fee recipient.
4. The value. Some genius.fun tokens send 1 % to the Foundation. Registering one of those sends 0.25 % of volume to the vault instead of 1.25 %. The form reads this before you sign.

Open the register form with your address: Register a token.

15·Contract addresses

HandleRegistry

0xf036e86f8328e39d5b177bf37bd30c3262608879

CreatorEscrow

0xc080e327aff8bc3eb1122c965add738038bbdf72

VaultFactory

0xcb103bbb54574f485a8e5328fe1a7e63b58071aa

Treasury

0xf694a131cfe3c1f888caa23c9221ad629a7019a3

Relayer

0xead05a8b0fe734c168d47f7f498f02f8227afa46

Keeper

0x6feab4ae7780656d57b703389c14beb2d314ce01

When the contracts ship, the real addresses replace these, with the external audit report linked here.

16·Glossary

VAULT

One contract per token. It receives the fee and splits it.

ESCROW

The contract that holds each creator's 80 %, by key.

KEY

Platform + stable ID, hashed. The vault pays a key, never a handle.

BIND

Linking a key to a wallet, after a proof and a public window.

ATTESTER

The signer that checks a proof and signs a bind.

GUARDIAN

A multisig that can only cancel pending binds and opt-outs.

OWED

What a creator can claim now.

CLAIM RATE

Paid ÷ (paid + owed).

VENUE

The launchpad where the token trades.

DEPLOYER

The wallet that launched the token.