Private launches.
Public liquidity.
Every token launches on a shielded bonding curve, then graduates into two pools at once: a private one inside the contract and a public one on Rhea. Swap between them with zero-knowledge proofs, or just take the best net price.
unshield
Launches
A private launch that graduates into public liquidity
One keyless contract is the token. It sells on a bonding curve where every trade is a zero-knowledge proof: amounts and prices are public, owners are not.
When the curve sells out, liquidity splits 50/50: a shielded pool inside the contract (2% fee) and a public Rhea pool whose LP the contract holds forever.
Shield and unshield at will. Arbitrage keeps the lanes within ~±4%; Private mode never touches Rhea, Best price splits public orders by net output.
The launch account has zero access keys. Reserves have no withdrawal method; the Rhea LP has no removal path.
Two solvency identities hold to the last unit after every trade, and anyone can check them.
The shielded side hides holdings and identities, not that a trade happened. The app tells you how to keep them apart.