Bonding Curve

Token Allocation

• The total fungible tokens of the collection is fixed at 100M and the NFTs part amount is customized by the token creator.

• 80M fungible tokens are allocated in the bonding curve pool for sale to raise initial liquidity.

• 20M fungible tokens are reserved for adding to the liquidity pool on DEX.

Parameters

Bonding Curve

Equation:

$$f(x) = 4*10^{-8} * e^{xln10/0.8*10^8}$$

Parameter Definitions:

• Y is the token price in ETH

• X is the token supply, ranging from 0 to 80M

Initial Conditions

• At token creation, the initial token price is 4*10-8 ETH

• The initial market cap of the collection is 4ETH(initial token price*100M).

Graduation Conditions:

• At graduation(x=80M), the token price is 4*10-7ETH

• The total market cap of the collection is 40 ETH ( token price*100M) .

Total Raised Funds(TRF):

Liquidity Pool on DEX Construction:

• Deposited ETH= TRF*85% = ~10.625ETH

• Deposited Token=20M

Price Increase When Depositing LP

• Initial Price on DEX=Deposited ETH/Deposited Token=~5.3125*10-7ETH

• Graduating Price on Bonding curve is 4*10-7ETH

• Thus, the token price on the DEX LP at the very start is ~32% higher compared to the graduation price on the bonding curve.