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Long Run

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LONG token not launched
$LONG / $RUN
The Long Run token mark: an L and R monogram inside a radar dial, flanked by transmission towers.
01Terminology

Three things called RUN

Sunrun Inc.
The company this research is about.
NASDAQ: RUN
The ordinary listed equity — the underlying security. Referenced in research context only.
$RUN — Robinhood Stock Token
The canonical Robinhood Stock Token that is the quote asset for LONG/RUN. A distinct on-chain instrument representing economic exposure to the underlying security. Not ordinary Sunrun equity.
02Quote asset

The RUN side of the pair

Canonical Robinhood RUN Stock TokenPublished
Network
Robinhood Chain
Chain ID
4663

RUN Stock Token

Not ordinary equity

This is a Robinhood Stock Token representing economic exposure to the underlying Sunrun security. It is not ordinary Sunrun equity. Confirm what it does and does not confer with Robinhood directly before trading it.

03Contracts and pool

The LONG side of the pair

$LONG does not exist yet. Nothing below will be filled in until launch, and any address circulating before then is not ours.

LONG contract

Network pending
Not published yet

The token contract for $LONG.

LONG/RUN pool

Network pending
Not published yet

The liquidity pool address for the LONG/RUN pair.

04Launch architecture // PAIR V2

Why PAIR?

LONG/RUN had one non-negotiable requirement: $LONG had to trade directly against the canonical $RUN Robinhood Stock Token.

We evaluated multiple launch routes.

When we evaluated Pons, $RUN wasn't available through the pairing flow we needed.

o1 was a legitimate alternative and supports $RUN. Under its standard fee structure, 50% of the 1% trading fee is allocated to the creator, 30% to the platform, and 20% to a valid referrer.

PAIR V2 supports $RUN through its custom-quote system. That route currently requires Creator Fee mode, under which 70% of collected pool fees are allocated to the creator-directed recipient and 30% to PAIR.

We chose PAIR because it keeps a larger share of the market's fee economics under LONG/RUN's control.

Control is optionality.

o1

Viable alternative

1% of the paired-asset amount

Creator
50% — 0.50% of trade
Platform
30% — 0.30% of trade
Referrer
20% — 0.20% of trade

If a trade has no valid referrer, the unused referral share goes to the platform.

PAIR V2

Selected

1% pool swap fee

Creator-directed
70% of collected fees
PAIR
30% of collected fees

Custom-quote launches currently require Creator Fee mode, which assigns the creator-directed policy share to a single configured recipient.

Fee flow // per swap
01

LONG/RUN swap

A trade executes in the locked Uniswap V4 position.

02

1% pool fee

Charged on the swap and accrued inside that locked position.

30%

PAIR

70%

Creator-directed share

Fees first accrue in the locked liquidity position and become allocated/claimable through PAIR's fee lifecycle — collect, allocate, then claim. They are not transferred to a wallet on each individual trade.

PAIR accounts for collected balances separately in the project token and in the paired quote asset.

05Fee allocation

What happens to the creator-directed fees?

We haven't decided yet. Deliberately.

Creator-directed fees will initially accrue to the disclosed LONG/RUN fee recipient.

Rather than committing the project to arbitrary tokenomics before a market even exists, we want to observe the economics first: trading activity, fee generation, holder distribution and community feedback.

Then we decide what is worth building.

Any eventual allocation policy will be published before it becomes active.

Research // exploringNot built · Not scheduled

Stake LONG.
Earn RUN.

One mechanism we're exploring would allow holders to voluntarily stake $LONG and earn $RUN rewards funded from a defined portion of creator-directed fee revenue.

The basic idea is simple: hold the thesis → stake LONG → participate in RUN rewards generated by LONG/RUN activity.

  • This system does not exist yet.
  • No reward percentage, allocation formula or activation date has been decided.
  • If we pursue it, the contracts, accounting rules and fee allocation will be published before activation.
  1. Observe
  2. Design
  3. Build
  4. Verify
  5. Activate

$LONG has a fixed supply. Nothing described here involves minting or emissions — the contemplated reward asset is $RUN.

06Channels and destinations

Official links

Official X

The only account that speaks for the department.

https://x.com/LongRunRH

Official ↗

Official community

The one community channel. There are no others.

https://t.me/LongRunRH

Official ↗

LONG/RUN pair page

The market page for the pair, once trading begins.

Not published

Pair launchpad

Where the pair is created at launch.

Not published

Block explorer

Verify supply, holders and transfers on-chain yourself.

Not published
07Before you act

Four rules

  1. Check the address character by character. Lookalike contracts are the single most common way people lose money.

  2. Nobody from this project will ever message you first, ask for a seed phrase, or send you a private link.

  3. There is no presale, no allocation form, and no airdrop claim page. Any site offering one is not us.

  4. If a link did not come from this page, treat it as hostile until proven otherwise.

What $LONG is

A memecoin attached to a research project. It is not equity, not a security offering, and not a claim on any company or its assets. Nothing on this site is investment advice or a recommendation, and The Long Run is not affiliated with or endorsed by Sunrun Inc., Robinhood, or any other company it writes about.