One coin, many tokens
LONGFOLIO is the first basket coin from PORTFOLIO: priced in L8NG, a basket of eight tokens, not in ETH. It is the first of many, one item on the shelf, not the store's own token. Pay ETH at the register, the store fills the basket, and you walk out with the coin. Long the coin and long the basket in one purchase. Sell back to ETH, or take the basket home.
Eight items. One basket. No manager.
Each L8NG is a fixed number of each token, held in a vault with no owner, no pause and no swap function. The tags show the launch-day split; after that the weights move with price, like any basket. Only the register can put L8NG in a basket, and only while selling you the coin. Taking the basket apart is open to anyone.
ETH in. Coin out. Basket underneath.
Pay at the register
One transaction buys the eight tokens on their own pools, mints L8NG in the exact ratio the vault needs, and trades that L8NG for LONGFOLIO in its pool. You receive the coin, never the basket. Leftover dust comes back as tokens.
Priced on the basket
The coin lives in a pool priced in L8NG. Buying pushes it up the curve, selling pulls it down, and when the eight tokens rise the coin rises with them. Two engines, multiplied. Supply is fixed at launch and only ever burned.
Leave your way
Sell the coin for ETH in one transaction, or for L8NG if you want to keep the basket. Redeem L8NG for ETH or for the eight tokens themselves. Redemption is open to anyone, so nothing can be locked inside.
This receipt comes from a simulation of the full path with today's pools, not from live quotes. Real numbers move with prices and depth. Roughly 5% in and 5% out: the 2.1% coin pool fee, the pool fees of the eight tokens, the anchor pool fees and price impact. Larger amounts move the thinner pools more.
Every sale buys the coin back.
The pool charges 2.1% on each trade. Doppler, the launch engine, keeps 5% of that as its protocol fee. The rest goes to a router contract anyone can trigger, which splits it the same way every time.
The router holds the collected fees until anyone presses the sweep. Each sweep processes a capped amount, so nobody profits from sandwiching it. The caller can earn a small bounty.
Permissionless. Collects the pool fees, burns, pays the creator in L8NG and sends ETH to the treasury.
Everything on-chain. Nothing upgradable.
The vault has no owner; only the register can mint it and redeeming is open to anyone. The register has no owner. The router has one admin power: the portfolio creator can propose moving its fee share to a new router, executable only after a 7 day timelock, and it only reaches future fees. The coin launches with 100% of its supply in the pool. The factory is allowlisted while the first portfolios launch and can be opened to everyone by its owner.
Straight answers.
What moves the price of LONGFOLIO?
Two things. Trades in its own pool move the price in L8NG terms, up on buys and down on sells. And the basket itself: if the eight tokens rise in dollar terms, the coin rises with them even if nobody trades it. The reverse is also true.
Is LONGFOLIO the PORTFOLIO token?
No. LONGFOLIO is a basket coin, the first item on the shelf, priced in L8NG. PORTFOLIO is the store: it builds the baskets and launches coins priced in them, and more baskets and coins follow this one.
Can I buy L8NG on its own?
No. L8NG is minted only by the register, inside a purchase of the coin, and it is traded for the coin in the same transaction. You can end up holding L8NG by selling the coin for it. From there you can buy the coin again, redeem for ETH, or redeem for the eight tokens.
Can the basket be changed?
No. The eight tokens and their amounts per L8NG are written into the vault at deployment. There is no owner, no upgrade path and no pause. Weights drift with price, nothing else. Later, anyone will be able to build their own basket with the tokens and amounts they choose. Once it launches, that basket is locked the same way and cannot be edited either.
Where do the fees go?
2.1% per trade. 50% of what reaches the router buys the coin back and burns it, 25% goes to the creator in L8NG, 25% goes to the treasury as ETH. Doppler, the launch engine, keeps 5% of every fee at the protocol level.
When can I build my own basket?
After portfolio #1 is live. The factory already builds a whole aisle in one transaction: vault, register, fee router and the coin launch. You choose the tokens, the weights, the names and the starting market cap. Ponsfolio, a basket of migrated Pons tokens, is next in line.