> ## Documentation Index
> Fetch the complete documentation index at: https://docs.o1.exchange/llms.txt
> Use this file to discover all available pages before exploring further.

# Configuration and governance

> What o1 governance can change for future launches and which properties remain permanent after a token launches.

o1 Launchpad uses separate crypto-paired and stock-paired contract suites. Base creates native B20 tokens, while Robinhood creates fixed-supply ERC-20 tokens. Crypto-paired creation is available on both chains, and the currently published stock catalog is on Robinhood. A stock route becomes available when its suite and assets are present in the shared platform catalog and the live factory has the quotes registered with creation enabled. Available routes share the same launch model, fee system, vesting rules, announcements, and permanent Uniswap v4 liquidity.

## Who controls what

| Area                        | Current authority                    | Boundary                                                                                          |
| --------------------------- | ------------------------------------ | ------------------------------------------------------------------------------------------------- |
| Future launch settings      | Launchpad governance owner           | Changes apply only to launches created afterward                                                  |
| Platform swap fees          | Platform fee receiver                | Receives its share but cannot control tokens or pools                                             |
| Stock opening-price updates | Restricted price updater             | Can update future stock opening frames only; cannot register assets, change fees, or modify pools |
| Token profile editing       | Creator, only when enabled at launch | Limited to supported profile information                                                          |
| Announcements               | Recorded launch creator              | Can publish updates but receives no token or liquidity control                                    |
| Vested allocations          | Vesting contract                     | Releases tokens only to the beneficiary on the original schedule                                  |
| Permanent liquidity         | Launch hook                          | Cannot be removed, transferred, or redirected                                                     |

The current governance owner and platform fee receiver are listed in [Production contracts](/launchpad/reference/production-contracts#governance-and-fee-recipient).

## Settings for future launches

Governance can update these defaults:

* supported paired assets and any future creation fees;
* the opening price used for each paired asset;
* fixed token supply within the contract caps;
* liquidity range settings;
* the base fee, anti-snipe fee, recipient split, and platform fee receiver;
* announcement support.

Stock-paired factories add a route-specific creation switch, bounded batch operations, and per-quote revisions. The owner can register or remove Stock Tokens. The restricted updater can change only the opening-price frame of an already registered Stock Token, using the latest quote revision.

The interface refreshes the current settings before a creator signs. If protected global settings change while a prepared transaction is pending, the transaction stops instead of silently using different economics. A stock opening-price refresh intentionally applies the latest registered frame when the launch executes.

## What becomes permanent

When a launch succeeds, the following properties are fixed for that launch:

* token address and total supply;
* creator and selected paired asset;
* creation route and contract suite;
* opening pool and liquidity range;
* creator, platform, and referral fee settings;
* anti-snipe start time and duration;
* immediate allocations and vesting schedules;
* permanent liquidity position.

Future governance changes cannot mint more tokens, modify an existing vesting schedule, change an existing pool's fee recipients, or remove its liquidity.

## Token authority

Tokens launch without an owner who can mint, pause, upgrade, or take balances. Creators can optionally keep a limited permission to edit token profile information. Announcements are handled separately and do not grant control over token transfers or liquidity.

## Current configuration

The human-readable values are listed in [Live configuration](/launchpad/reference/live-configuration). Developers can use the [machine-readable production snapshot](/assets/launchpad/production-deployments.js), review all 96 assets in [Stock-paired launches](/launchpad/create/stock-paired-launches), and refresh changeable values from the active route-specific factory before preparing a transaction.