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Creator controls & takeovers

Creating a token does not grant a power to mint additional supply or withdraw the protocol’s locked graduation liquidity. The quote asset, curve parameters, creator tax and anti-snipe exemptions are recorded at creation.

The current recipient can call setFeeRecipient(token, newRecipient). This changes where creator-side entitlements are paid. It also affects who may operate creator-facing controls.

Integrators must read launchpad.feeRecipient(token). A cached original creator is not a reliable payout identity. Already paid funds do not move retroactively; unpaid escrow and future vesting releases follow the live recipient under the contract’s rules.

The current recipient can call setBuybackEnabled(token, enabled). The protocol owner may turn buybacks off, but cannot use its owner privilege to turn them on against the creator’s preference.

A takeover changes the creator fee recipient. It is not a token migration, a supply change, or an automatic transfer of every administrative role.

  1. The launchpad owner proposes a replacement recipient on-chain.
  2. A 3-day delay follows.
  3. Anyone may execute the proposal during the next 3 days.
  4. If not executed within that window, the proposal expires. The owner can cancel a proposal.

A voluntary fee-recipient transfer can happen without this proposal process. A recipient change during a pending proposal does not itself cancel the proposal.

During an executable takeover window, creator escrow withdrawal and vesting release are blocked until the takeover is resolved or the window expires. This prevents payment timing from defeating the takeover mechanism.

Ownership uses a two-step handover: the current owner proposes a new owner, and the new owner accepts. On the documented Arc snapshot the launchpad owner and treasury are a temporary EOA, not an active multisig. Treasury changes and collector permissions are separate settings that require their own migration actions.

Read security and risks for the remaining administrative trust assumptions.