Rialto launches the Robinhood Chain token issuance platform Varo, based on the Uniswap V3 contract architecture

The on-chain spot exchange Rialto has launched the Robinhood Chain token issuance platform Varo. Varo adopts a contract architecture based on Uniswap V3, with no binding curve or graduation fees. Tokens can be traded instantly through the Uniswap liquidity pool at the time of issuance and can be integrated with platforms such as Uniswap, GMGN, LI.FI, BasedBot, and Definitive.

Each token issued on Varo has a fixed supply of 100 million tokens, and the initial market value is set by Varo (for example, 60,000 USDG or 30 WETH). There are no reserved shares for teams or developers, and liquidity positions are permanently locked in the contract. The trading fee is 1%, of which 30% belongs to Rialto.

The project team also stated that a "one code corresponds to one token" mechanism is used to prevent confusion with tokens of the same name and that the higher initial market value setting aims to reduce the economic incentive for sniper bots to accumulate tokens at low cost.