Launchpad Overview

Bonding Curve Mechanics

The launchpad uses a constant-product virtual curve (similar to pump.fun). Virtual reserves create a starting price without seed liquidity:

K = virtual_xyz * virtual_tokens          (constant)
price = K / (virtual_tokens - tokens_sold)^2

Starting price: Dynamically computed from oracle XYZ/USD price and configured USD targets

Supply: 100,000,000 tokens (100M) per launch

Decimals: 6 (1 token = 1,000,000 micro-units)

As more tokens are purchased, the price rises. When tokens are sold back, the price decreases. The curve provides guaranteed liquidity at every price point.

Fee Structure

Fee	Rate	Details
Token creation	80,000 XYZ	Fixed fee, becomes initial curve reserves
Buy fee	0.5% (50 bps)	Deducted from XYZ input before curve calculation
Sell fee	2.5% (250 bps)	Deducted from XYZ output, goes to LP reserves

All trading fees go to liquidity reserves. There is no token burning and no creator fee share at this time.

Token Lifecycle

┌──────────────┐     ┌──────────────────┐     ┌──────────────┐
│  Created     │────►│  Bonding Curve    │────►│  Graduated   │
│  (80K XYZ    │     │  (Buy/Sell along  │     │  (AMM pool   │
│   fee paid)  │     │   virtual curve)  │     │   trading)   │
└──────────────┘     └──────────────────┘     └──────────────┘
                   dynamic XYZ threshold ─────►

Getting Started

Chain

Products

Developer Tools

Token Operations

Smart Contracts

Local Development

Chain API

Launchpad API

Launchpad Overview

XYZ Launchpad

How It Works

Bonding Curve Mechanics

Fee Structure

Token Lifecycle

Next Steps

Create a Token

Trading

Graduation

AMM

​XYZ Launchpad

​How It Works

​Bonding Curve Mechanics

​Fee Structure

​Token Lifecycle

​Next Steps

Create a Token

Trading

Graduation

AMM

XYZ Launchpad

How It Works

Bonding Curve Mechanics

Fee Structure

Token Lifecycle

Next Steps