Utility token Sweep is a utility token on Robinhood Chain for strategy launches. Sweep (sweep) is a utility token on Robinhood Chain. It powers strategies where trading fees accumulate to buy assets from targeted collections or tokens. The mechanism runs automatically once a strategy graduates from its bonding curve. Strategy mechanics Trading fees feed a treasury that buys floors or tokens and burns supply. Each strategy charges a permanent 10% trading fee after graduation to Uniswap. Eight percent accumulates as ETH to purchase the cheapest available pieces or bags, which are then relisted at a markup. Proceeds from sales buy back and burn the strategy token. Launch and platform It operates as a launchpad for community strategies on Robinhood Chain. Sweep runs on Robinhood Chain, an Arbitrum Orbit L2. Anyone can deploy a strategy token tied to an NFT collection, another token, or a reflexive loop. The @SweepFamily account documents the system and its three strategy variants.

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