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Overview

There are two phases:
StatusWhere trading happens
RaisingBonding curve
LiveDEX liquidity pair

Bonding Curve Phase

During raising:
  • buyers purchase app tokens with ELTA
  • price follows constant-product reserves
  • trade fee is charged based on configured fee bps (default 1%)
  • early access gate may apply (100 XP for first 6h by default)

Graduation

When curve target is reached (default 42,000 ELTA) or force-graduated at deadline:
  1. liquidity is added to Uniswap V2 pair
  2. LP is locked
  3. trading shifts to DEX

Transfer Tax Notes

App token transfer tax is LP-keyed:
  • applies on transfers involving allowlisted LP addresses
  • does not apply to normal wallet-to-wallet transfers (unless policy changes)
  • default tax is 1%, max 2%

Fee Routing Notes

Fees are routed through protocol pipeline contracts:
  • launch fee -> treasury
  • app-revenue fee kinds -> contributors + treasury (default 80/20)