Phase 1: Pre-Bond
Users may only purchase tokens from the bonding curve. Purchased tokens are locked and non-transferable until the curve is finalized. Early buyers receive the best pricing and large holders cannot dump at launch.| Action | Available |
|---|---|
| Buy tokens | Yes |
| Sell tokens | No |
| Transfer tokens | No |
| View price | Yes |
| View allocation | Yes |
Phase 2: Bonding
Users may both buy and sell tokens. Fees apply only on sell transactions and scale with 24-hour volume. Graduation occurs when real ETH on the curve reaches 6.9 ETH.Dynamic sell fees
| 24-Hour Volume | Sell Fee |
|---|---|
| < $10,000 | 0.1% |
| <20,000 | 0.5% |
| <50,000 | 1% |
| <100,000 | 1.5% |
| > $500,000 | 2.0% |
Phase 3: Finalized
The token creator callsfinalizeCurve() to migrate liquidity to Uniswap V3.
- A Uniswap V3 pool is created with a 1% fee tier.
- 100% of Uniswap V3 fees are directed to the token creator.
- Pre-bond tokens become transferable.
- All remaining tokens and ETH are deposited as liquidity.
- Trading continues on Uniswap V3.
Phase 4: Distribution & Rewards(distributed monthly)
Fee distribution on bonding curve sells:- 95% to the token creator
- 4% to the protocol
- 1% to the top 5 token holders
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