Trade on Launchpad
Launchpad Trading Process
Phase 1: Controlled by the Bonding Curve Algorithm
In the first phase, transactions are controlled by the Bonding Curve algorithm, and prices dynamically adjust based on user purchases.
Since there is no real liquidity pool (LP) in the first phase, all Token liquidity exists within the Bonding Curve algorithm. Therefore, users cannot add or remove liquidity.
Phase 2: Same as Swap
Once the Bonding Curve reaches the predefined threshold (e.g., a certain amount of Tokens sold), the system transitions to the second phase.
In the second phase, the remaining Tokens and the mainstream assets paid by users (e.g., USDT) will be used to create a real liquidity pool (LP) on a decentralized exchange (DEX).
At this point, the trading logic becomes the same as Swap, allowing users to freely buy and sell Tokens, as well as add or remove liquidity.
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