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The Perma Manifesto · September 2026

Build it so it cannot betray you.

We are building a token launchpad with no keys, no off switch and no one to trust. We did it in the open, we are telling you exactly where it can still hurt you, and we are asking you to build something better.

Perma is in development. Nothing is launched yet, and the code has not been audited.

What we saw

We watched launchpads keep a key they said they would never use. We watched websites go dark and take the only door to people's money with them. We watched fees rise because someone decided they should. We watched thousands of tokens die on bonding curves, with real people's money inside them, and nobody ever touching it again.

None of this needed to happen. It happened because the systems were built to be operated, and operators have bad days, bad incentives and bad nights.

What we built

Perma is a launchpad designed not to need us. Every claim below is meant to be a property of the code, and each is meant to be checkable by anyone once the contracts are deployed, without asking us.

We take a fee for six months. Then nothing.

A platform fee of 0.75%, then 0.5%, then zero. After month six the platform earns nothing from trades, and that is designed to be written into code that, once deployed, nobody can edit. We chose a short runway over a permanent toll, because a permanent toll is how a public tool becomes a private business.

If a system needs to extract forever, it was never built for you.

What happens to dead money

A token that nobody trades for seven days, and that never graduated, can be swept by anyone. Its reserve leaves the dead curve, its unsold tokens are burned, and the person who pays the gas earns 1%. We will not pretend that money does not exist, and we will not quietly keep it either. Every sweep is public. Every rule is posted. Every countdown is visible before it ends.

Read this before you put in a single coin

This is an experiment. The code has not been externally audited, and an external audit is not currently planned. Don't use it with money you aren't prepared to lose. Immutable code cannot be fixed, so a bug can mean permanent loss. Most tokens launched anywhere go to zero, and most launched here will too. You can lose everything you put in.

Trustless does not mean riskless. It means the code is designed so that no person can take your money on purpose. It does not mean that code, markets, chains or stablecoin issuers cannot fail. No one here promises you a return. This is not investment advice, and you are responsible for the laws where you live.

Don't be evil. Make it impossible instead.

Good intentions are not a security model. People change, companies get sold, keys get stolen, and regulators knock. The only promise that survives all of that is one the builder is unable to break. So these are the rules we hold ourselves to, and the rules we ask you to hold every launchpad to:

  1. If you can take it back, say so. If you cannot, prove it.
  2. Never keep a key you do not need.
  3. Publish the fee schedule, and let it only go down.
  4. Make every chore public, so nobody has to wait for you.
  5. Tell people how they can lose money, before they do.
  6. Keep the door open when you are gone: put the interface on the chain.

A call to builders

This was never about one product. It is about a way of building: systems that belong to the people who use them, that keep running when their makers walk away, and that no one can switch off, sell or quietly rewrite.

Stop building businesses that sit on top of people. Build systems that sit underneath them, and let the whole ecosystem stand on what you made.

The scope is unlimited. Anything that today depends on a company staying honest can be rebuilt so that honesty is no longer required. Build for permanence: when you ship, give away the keys, publish the rules, and let the fees fall.

And if the money arrives, remember why you started. Greed is patient. It asks for one small switch "just in case", one fee "just for now", one exception "just this once". Every one of those is a door someone else will walk through. Do not build the door.

It is time to take back control. Build it, give it away, and let it run without you.

Permissionless. Trustless. Keyless.

The Perma contributors · Robinhood Chain · September 2026
Once the contracts are deployed, verify every claim against them, not against this page.

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