Overview
Every app token trades on a bonding curve until graduation. Price is set by math — buy = price goes up, sell = price goes down. Early buyers get better prices.How Bonding Curves Work
A bonding curve is a mathematical formula that determines token price based on supply:- Price increases according to the curve
- Early buyers get lower prices
- Later buyers pay higher prices
- Sellers receive the current curve price
Key Parameters
| Parameter | Value | Description |
|---|---|---|
| Launch Cost | 110 ELTA | 100 seed + 10 fee |
| Token Supply | 1 billion | Total app token supply |
| Creator Share | 50% | Auto-staked at launch |
| Curve Share | 50% | Available for purchase |
| Trading Fee | 1% | Applied to all trades |
| Graduation Target | 42,000 ELTA | Triggers DEX listing |
Token Distribution
At launch, the 1 billion tokens are split:Creator Allocation (50%)
- 500 million tokens minted to creator
- Automatically staked in the staking vault
- Earns trading fees immediately
- Can be unstaked anytime (visible on-chain)
Bonding Curve (50%)
- 500 million tokens available for public purchase
- Price starts low, increases with demand
- Sold tokens remain in circulation
- Unsold tokens stay on curve until graduation
Price Mechanics
Buying Tokens
When you buy app tokens:- You pay ELTA to the bonding curve
- Price is calculated based on current supply sold
- 1% trading fee is deducted
- You receive app tokens at the curve price
Selling Tokens
When you sell app tokens:- You send app tokens back to the curve
- Current curve price determines ELTA received
- 1% trading fee is deducted
- You receive ELTA
Price Impact
Large orders affect the price:- Big buys push price higher during execution
- Big sells push price lower during execution
- The curve ensures continuous liquidity
Fee Distribution
The 1% trading fee is distributed automatically:| Recipient | Share | Purpose |
|---|---|---|
| App Stakers | 70% | Rewards for staking |
| veELTA Holders | 15% | Protocol governance rewards |
| Treasury | 15% | Protocol development |
- 0.70 ELTA → App token stakers
- 0.15 ELTA → veELTA holders
- 0.15 ELTA → Treasury
Graduation
When the bonding curve accumulates 42,000 ELTA, graduation triggers automatically:What Happens
- Liquidity Deployment: ELTA + remaining tokens create a DEX pair
- LP Locking: Liquidity tokens locked for 2 years
- Free Trading: Token now trades on decentralized exchanges
- Bonding Curve Closes: No more curve trades
Why 42,000 ELTA?
This target ensures:- Sufficient liquidity for healthy trading
- Meaningful price discovery phase
- Protection against low-liquidity manipulation
Post-Graduation
After graduation:- Trade on DEX (Uniswap, etc.)
- Transfer fees (1%) still apply
- Staking rewards continue
- LP is locked (rug-pull protection)
XP-Gated Early Access
New app launches include a 6-hour early access period:| Time | Who Can Buy |
|---|---|
| 0-6 hours | XP holders only (≥100 XP) |
| After 6 hours | Everyone |
Why Early Access?
- Rewards participation: XP is earned through protocol engagement
- Prevents sniping: Bots can’t front-run without XP
- Fair distribution: Real users get first access
Price Growth Example
| Tokens Sold | Price (ELTA) | Market Cap |
|---|---|---|
| 10M | 0.00001 | 10K ELTA |
| 50M | 0.00003 | 150K ELTA |
| 100M | 0.00005 | 500K ELTA |
| 200M | 0.0001 | 2M ELTA |
| 500M | Graduation | DEX Trading |
LP Locking
At graduation, liquidity pool tokens are locked for 2 years:What This Means
- Creator cannot remove liquidity
- Liquidity stays in the pool
- Protects against “rug pulls”
- Ensures long-term trading availability
Viewing Lock Info
On your app’s detail page:- Lock address shown in Contract Addresses
- Unlock date displayed
- Verifiable on Basescan
Builder Economics
Your Revenue Sources
As an app creator:- Staking Rewards: 50% stake earns proportional fees
- Token Appreciation: If demand grows, your tokens gain value
- Items/Tournaments: Additional revenue streams
Example Scenario
Advice
- Most apps don’t graduate — focus on building something people want
- Talk to your holders — updates and engagement drive demand
- Keep your stake — unstaking is visible on-chain, signals you’re leaving
- Plan for graduation — know what you’ll do once you’re on DEX