Token Launchpad
Bonding Curve
Internal market-making — no user-provided liquidity required.
Newly launched tokens do not go straight to PancakeSwap. They first trade on the platform’s internal bonding curve, which is auto market-made by protocol contracts. No one needs to provide liquidity, dramatically lowering the launch barrier.
Price Formula
Uses the constant-product formula x · y = k (same as Uniswap V2). Earlier buys are cheaper, and price climbs faster as graduation approaches — naturally generating FOMO and rewarding early participation.
Graduation Threshold
Graduation triggers when 80% of supply has been bought (the progress bar reaches 100%). The remaining 20% of tokens plus all BNB reserves accumulated during the curve stage are injected into PancakeSwap to create the liquidity pool.
Curve-Stage Fees
| Fee | Rate | Notes |
|---|---|---|
| Trading fee | 1% | Charged in BNB on every buy and sell (industry standard) |
| Platform service fee | 1% | Built into the token contract; disclosed in the terms at launch |