# CLOSE ($CLOSE) > $CLOSE is a meme token on Robinhood Chain (Robinhood's own L2), launched through pons and paired to GME (Robinhood's tokenized GameStop stock). It is bought with GME, sold for GME, and the creator tax on every trade is collected in GME and distributed to holders weekly. The name refers to "Position Closing Only", the status Robinhood set on GameStop on 28 January 2021 at 09:56 ET, when users could sell but not buy. Launching via the pons launchpad on Robinhood Chain. ## Facts - Ticker: $CLOSE - Chain: Robinhood Chain - Launch: pons launchpad - Pair: CLOSE / GME. pons bonding curve, then a permanently locked Uniswap v4 pool on Robinhood Chain (chain ID 4663). Fixed supply 1,000,000,000 - Contract: published at launch - On-chain name: close.hood (HoodDomains, Robinhood Chain) - Holder reward: creator tax on every buy and sell, collected in GME, paid weekly - Not available to traders in the United States on pons (priced in a tokenized equity) - Not affiliated with Robinhood Markets, GameStop, or pons ## Pages - Home: https://close.family/ - The story (timeline of 28 January 2021 to the token): https://close.family/story/ - Holders (mascot stages, GME payouts): https://close.family/holders/ - Docs (token details, how to buy, fees): https://close.family/docs/