📈Bonding curve

TL;DR

This is a classic Bonding Curve, calculated using the formula X * Y = K. It works in the best traditions of AMM and meme launches.

• Token Supply: 1,000,000,000

• Graduation Threshold: 3 ETH (approximately $60k market cap)

• DEX After Graduation: Uniswap on Abstract and BASE, Reservoir (Uniswap-like on ZERO)

Parameter	Abstract, BASE & ZERO
Total Supply (tokens)	1,000,000,000
Tokens allocated for sale	800,000,000
Tokens allocated for liquidity	156,800,000
Tokens to be burned	43,200,000
Virtual collateral	0.75 vETH
Liquidity Targets	3 ETH
Initial Token Price	0.00000000075
Final Token Price (on launch)	0.00000001875
Deploy Fee	0.07 ETH
Trading Fees	1%

Creation

When you create a token on Daily Meme, a TOKEN/ETH pool is initialized with a certain amount of virtual liquidity. Once the pool is created, it contains:

• 0.75 virtual ETH

• 1,000,000,000 TOKEN (equal to the total supply)

Swaps

When someone buys or sells a token, the classical AMM formula X * Y = K is used, where:

• X = number of TOKEN in the pool

• Y = number of ETH in the pool

• K = the constant defined at pool creation

For example, if you buy 20 TOKEN (dX = 20), you will receive dY tokens determined by this formula:

$$X \cdot Y = (X - dX) *(Y + dY)$$

Launch (graduation)

When the token accumulates enough real liquidity, it “graduates” and is deployed to the DEX. Before the graduation, the token pool on Daily Meme will then contain both the initial virtual ETH and the accumulated real ETH. This liquidity is used to seed the DEX pool.

• Graduation Threshold: 3 ETH. Once the token receives 3 ETH, the graduation process begins.

Upon graduation:

1. Token Adjustment: Some tokens are burned to maintain the same price at the time of deployment to the DEX. The price is defined as the ratio of tokens to ETH. Since the DEX receives only real ETH (no virtual liquidity), the token supply must be adjusted to preserve the price observed on Daily Meme.

2. Graduation Fees: A fee is applied (currently 0.1 ETH).

3. Liquidity Deployment:

   • 2.93 ETH and 156,266,666 TOKEN are transferred to the DEX.

   • A new liquidity pool is created.

Once the token is live on the DEX, GeckoTerminal starts tracking it, and more traders become aware of your token.