Draft for owner + counsel review — not legal advice. Operational rules governing the LP wallet, market-making bounds, and anti-manipulation commitments. See DISCLAIMER.md.
DEX Screener flags pools with suspicious patterns. CMC explicitly polices artificial trading. CEX listing teams ask whether a project wash-trades. This document is the project's affirmative, public-facing answer.
Companion docs: LIQUIDITY-PLAN.md, LIQUIDITY-CHECKLIST.md, TREASURY-DISTRIBUTION-POLICY.md, CIRCULATING-SUPPLY-ATTESTATION.md, LISTING-DATA-ROOM.md. (MM diligence is tracked separately in an internal operating document, not public; available to counsel, auditors, market makers, and listing venues under appropriate review.)
Gate: G0-D. Status: draft.
1. LP wallet rules
| Rule | Reason |
|---|---|
| The LP wallet is a separate hot wallet, never the Ledger treasury. | Limits blast radius if a launch-time hot key is compromised; matches LIQUIDITY-CHECKLIST.md. |
| The LP wallet receives only the HORMUZ and USDC required for the approved pool seeding, and only at the time of seeding. | Prevents pre-launch leakage and front-running. |
LP wallet address is published at the time of pool creation, in DEPLOYMENTS.md and at hormuz.meme/docs/tokenomics.html. |
Reviewers can trace it. |
| LP wallet does not perform any swap, sandwich, or arbitrage on the HORMUZ/USDC pair. | Removes any wash-trade implication. |
| LP-position NFT remains in the LP wallet (or, if locked, in the lock contract). It is never transferred to a personal hot wallet. | Reviewer-auditable. |
| Removal of liquidity (full or partial) is a documented decision, logged in this file's §6 and announced publicly with the on-chain transaction hash. | Reviewers can distinguish operational rebalances from rugs. |
2. Initial liquidity gate (owner-set, internal)
The dollar value of initial USDC depth and the corresponding HORMUZ amount are an internal decision, owner-set, recorded in LIQUIDITY-CHECKLIST.md Manual Confirmation block at the time of G4 approval. This document does not publish a fixed threshold:
- DEX Screener does not publish an "auto-flag threshold." Any number used internally is operational policy, not a DEX Screener rule.
- Publishing a fixed minimum incentivises adversaries to target exactly that minimum.
- Owner discretion against current budget and risk tolerance must drive the actual figure at G4.
Internal floor for routine consideration: "depth that supports a credible early-trader experience without immediate slippage-related rejection by aggregators or wallet trackers". The figure itself stays in the checklist, not here.
3. Anti-sniper measures
| Measure | Mechanic |
|---|---|
| Tight-range initial position | The first liquidity is concentrated around the seed price for the first ~100 blocks to absorb the inevitable sniper auction at a known price. A wider, full-range position is added immediately after. |
| No on-chain whitelist or blacklist | Contract has none; no anti-sniper "modifier" exists. The pool is permissionless. |
| Public pre-announcement window | The pool block range is communicated to the community within a 15-minute window (not an exact block) so retail is not outrun by silence. |
| No buyback of sniper bags | The project will not buy back from any wallet that accumulated supply at launch. This is non-negotiable; buybacks of that kind read as supply manipulation. |
| LP-lock decision | The project decides at G4 whether the LP-position NFT is locked via a reputable lock service (e.g., UNCX) for a stated period. If unlocked, the rationale is documented here. |
4. Market-maker bounds
When and only when an MM is engaged under G10, the following are contractual minimums. These are enforceable in writing, not aspirational.
| Term | Required |
|---|---|
| Engagement model | Vested-token model preferred. Loan model only with explicit collateral and recall conditions; subject to extra counsel review. |
| Wash-trading clause | Explicit prohibition. Breach is a termination event with token recall. |
| Self-dealing clause | MM may not market-make against an unlisted personal position in HORMUZ. |
| Transparency | Monthly written report listing aggregate volume facilitated, average spread, and any incidents. Stored in LISTING-DATA-ROOM.md §6. |
| Conflict disclosure | MM declares any other HORMUZ-related engagement (LP, treasury advisory, paid promotion) at signing and at each monthly report. |
| Counsel red-line | The contract is reviewed by project counsel before signing. |
| Acceptable venues | MM is bound to specific named venues; cannot self-extend coverage. |
| Exit | Either party can exit with a stated notice period; token recall is mechanical, not discretionary. |
If a candidate MM will not accept these clauses, that candidate is dropped.
5. Anti-manipulation commitments
The project commits, in writing on this page, that it will not:
- Wash-trade HORMUZ — including via a single party trading on both sides of the pool, via off-chain "trading clubs", or via paid volume providers.
- Pay any KOL, influencer, or partner per-trade, per-volume, or per-price-target.
- Distribute HORMUZ to wallets without prior, recorded consent (no spam airdrops).
- Run an undisclosed buyback program.
- Coordinate buy-pressure ahead of any aggregator submission or CEX conversation.
- Lend treasury tokens to anyone under undisclosed terms.
- Mark any pool action as "burn" that is not, in fact, a burn (i.e., not a transfer to
0x000…deador a_burncall).
Any breach is a documented incident in §6 and is disclosed to active CEX counterparties within 48 hours.
6. Operations log
Every pool-touching action goes here. Append-only.
| Date | Action | Address(es) | Amount(s) | Tx hash | Rationale |
|---|---|---|---|---|---|
| 2026-06-13 | G4-MICRO-LIVE seed | LP 0x7991…d2bB → pool 0x20c4…8674 |
~1,499 USDC + ~1,498,995 HORMUZ | see DEPLOYMENTS.md | Initial micro-pool |
| pending G4-DEEPEN | Treasury → LP HORMUZ | 0x8a5D…0f7F → 0x7991…d2bB |
TBD (checklist) | — | Deepen per runbook 05 |
| pending G4-DEEPEN | Increase LP on same pool | LP → pool 0x20c4…8674 |
TBD USDC + HORMUZ | — | Deepen per runbook 05 |
7. Status
| Field | Value |
|---|---|
| Gate | G0-D |
| Authored | 2026-06-08 |
| LP wallet | 0x799140699e802Ac48624bd90A84afe14cfCFd2bB (live) |
| MM engaged | none |
| Status | DRAFT — G4-MICRO-LIVE executed; G4-DEEPEN pending owner amounts |