The permanent lock

What is locked

When a token launches, EtherFamily's hook puts the whole supply into one Uniswap v4 position in the new pool, starting at the opening price. At most 0.001 token of rounding dust stays behind in the hook, where it can never move again. The position holds only the launched token at first; buyers add the quote asset to it as they trade.

• The hook itself owns the position. It has no function that removes liquidity, no owner, no admin key and no upgrade mechanism.
• Nobody else can add liquidity to the pool, remove liquidity from it or donate to it: the hook rejects all three for everyone but itself.
• Only trades change what the position holds. The fee is charged separately, as claims booked by the hook, so collecting fees never takes anything out of the position.

What the lock guarantees

• Nobody can take the liquidity out: not the creator, not EtherFamily, not an upgrade. The quote that buyers paid stays in the pool, where sellers can trade against it.
• Nobody can reset the pool's price or change its fee, fee split or fee recipient. The fee terms are fixed at creation, and no admin function reaches a live pool.
• In the reference models, every circulating token could be sold back into the pool (except amounts too small to pay the fee) Model. Whether a sale is possible at a given moment still depends on the opening window, on the quote's issuer and on the pool holding some quote (below).

What the lock does not cover

The lock is about one position in one pool. It does not protect against any of the following.

Other pools of the same token

Anyone can create other pools for a launched token: on Uniswap v2 or v3, or v4 pools without EtherFamily's hook. They are not EtherFamily markets, their liquidity is not locked, and EtherFamily's fee and rewards do not apply there. Token pages show the canonical pool id so it can be told apart.

The price

Locked liquidity is not a price floor. When holders sell, the pool pays them quote at the pool price and the price falls; a token can lose almost all of its value while its liquidity stays locked.

The quote asset

The pool can only trade while its quote asset can move. An issuer that pauses its token or blocks the PoolManager freezes the market and its fee claims. Every stock-quoted market says so:

For a perp-share quote, the vault behind the share can change what the share is worth and what it tracks, down to winding the vault down. Perp vault shares

Uniswap's protocol fee

Uniswap governance can add a protocol fee of up to 0.1% per trade direction to any v4 pool, including EtherFamily's. It cannot touch the position or the launch fee. External powers

Bugs

The lock is a property of code. EtherFamily's contracts are not yet audited or deployed, so today it is a property of the design, until tests and an audit show that the code keeps it. Uniswap's PoolManager, which holds the position, is not upgradeable Observed on-chain.

The two edges of the range

The position covers every price from the opening price to the far end of Uniswap's price range.

At the opening price the position holds none of the quote. Selling is impossible until someone has bought, and the trade panel says so before you try:

The far edge is out of reach: converting the whole position into quote would take, at the $4,000 opening value, about 10²³ ETH or 10³¹ USDC Model. A buy that would exhaust the range reverts instead of filling partly.

How this is known

The same lock pattern (a hook that owns the position, has no removal code and rejects everyone else's liquidity changes) was tested on a mainnet fork: third-party adds, removals, donations and minting through Uniswap's position manager all reverted Test-proven. Stockereum, the design EtherFamily forks, uses the same pattern, and every one of its launch positions still held its seed liquidity when it was read Observed on-chain. EtherFamily's own proof is an invariant test (the position's liquidity never decreases) that runs once the contracts exist.