📈 How it works

Learn more about the maths underpinning the curve

How it works?

Tokens are initialized with a "virtual" market cap of 6000 STX, causing the first swaps to value the tokens at that capitalization. As tokens are swapped and STX accumulates in the contract, the market cap changes accordingly, until it reaches a threshold of 20000 STX.

Once this threshold is met, the contract burns a portion of the tokens equivalent to the initial 6000 STX value. The remaining tokens and STX are then migrated to Velar DEX to establish liquidity, with the LP tokens subsequently burned.

Buying

Selling

Calculating Tokens to Migrate and Burn

This system ensures that the completed token bonding curve and the newly initialized liquidity will maintain the same market capitalization, while providing a deflationary boost to the tokens.